Absa PMI inches up as challenges linger

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by 1.9 points to reach 45.7 points in June 2024, compared to 43.8 in May 2024. While there is some improvement, it was the second consecutive month that the PMI remained below the 50-point mark....

Governance key to health sector success

The Academy of Science of South Africa (ASSAf) has released a consensus study report titled “Achieving Good Governance and Management in the South African Health System”. Conducted by a seven-member expert panel, explores the critical governance issues impacting...

Automotive chips address shifting market

Automotive chips are progressing towards high performance, high integration, and high reliability to meet the escalating complexity and technical requirements of the automotive sector, with ongoing technological innovations poised to expedite this evolution. A recent...

Hybrid work model reduces employee burnout

New research by International Workplace Group has found that the vast majority of workers who have shifted to a hybrid work model say that it has helped them to greatly reduce burnout in their working lives. The study, undertaken among more than 1 000 hybrid workers,...

Companies move to formalise AI with a board

More than half (55%) of organisations now have an AI board, according to a recent Gartner poll of more than 1 800 executives. The survey also indicated 54% of organisations have a head of AI or an AI leader to orchestrate activities. “The findings show that...

Finance leaders still leery about GenAI

Finance leaders say generative AI (GenAI) will have the most impactful use case in forecast/budget variance explanations, according to a survey by Gartner, with respondents identifying revenue/spend data classification and management reports as the next most impactful...