Mixed outlook for July PMI

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined marginally from 47.3 to 46.8 in July, signalling another month of contraction. However, the headline decline arguably overstates the weakness in manufacturing conditions. Domestic demand improved,...

Telkom reports revenue, subscriber growth

Telkom SA has reported improvements in revenue and subscribers for the first quarter ended 30 June 2026. Group data revenue increased by 8,8% to R6 922 million, contributing 62,4% to total revenue, driven by an 11,4% rise in mobile data revenue, and a 4% growth in...

Air cargo demand strengthens in June

The International Air Transport Association’s (IATA) latest analysis of the state of the air cargo industry, based on capacity and traffic data collected by region worldwide during June 2026 compared with the same month in 2025, has been released. Key highlights from...
Researchers achieve quantum advantage

Researchers achieve quantum advantage

IBM and researchers from the University of Chicago have announced a demonstration in quantum computing that achieves the fundamental criteria for quantum advantage: performing computations beyond the reach of leading classical simulation methods while providing trust...

Nation-state attackers target US water systems

Recent cyberattacks on US water infrastructure are believed to part of a nation-state programme by Iran. Several towns in Minnesota and Michigan last week reported that the computers used to monitor and adjust water quality had been hit by a malware attack. The...

Kaspersky uncovers new Mirage Kitten malware

Kaspersky has discovered a previously undocumented malware set used by Mirage Kitten APT in a targeted campaign aimed at maintaining long-term access to victim networks and stealing sensitive data. The company’s Global Research and Analysis Team (GReAT) has identified...