Worldwide banking and investment services IT spending is forecast to total $652,1-billion in 2023, an increase of 8,1% from 2022, according to Gartner. Spending on software will see the largest growth with an increase of 13,5% this year. "Current economic headwinds...

Gender parity globally has recovered to pre-Covid-19 levels, but the pace of change has stagnated as converging crises slow progress, according to the World Economic Forum's Global Gender Gap Report 2023. The report finds that the overall gender gap has closed by 0,3...

Kathy Gibson reports from VMworld 2020 – Cloud and cloud-native architectures have lowered the barrier to entry for new applications. In fact, as many as 75% of new applications will be custom-built, says Ajay Patel, senior vice-president and GM: modern applications...

The gradual re-opening of the South African economy and its changes to the job market, as well as the movements in the UIF TERS funds, are leading to the slow return of take-home pay numbers. "Over the past months - from hard lockdown to the gradual relaxation of...

Statistics South Africa (Stats SA) reported on September 29 that employment in South Africa declined by 2,2-million during the lockdown-hit second quarter of 2020. Lullu Krugel, chief economist at PwC Africa Strategy&, and Dr Christie Viljoen, PwC Strategy&...

Applications are open for the next AlphaCode Incubate programme which aims to identify, partner and grow innovative financial services entrepreneurs. Successful applicants will receive funding, guidance from performance coaches and a panel of advisory experts, access...

The main reason that hackers initiate attacks is to be challenged. This is one of the findings in survey data acquired by Finbold.com, which indicates that about 68% of hackers initiate attacks in order to be challenged. The survey featured over 3 150 respondents from...

Cash Paymaster Services (CPS) will go into liquidation, after a bid to have it placed under business rescue failed. The South African Social Services Agency (Sassa) won't back down over a debt it is claiming from CPS, making business rescue unlikely to succeed,...

According to the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private...

Kathy Gibson reports from VMworld 2020 – Change of the magnitude that we are going through can be very challenging, but it also brings new opportunities to reimagine how we deliver IT services. That’s the word from Tom Gillis, senior vice-president and GM of the...