The rising cost of financial crime compliance
Financial institutions bear the massive cost of $206,1-billion as the financial cost of compliance to guard against crime. This cost is comparable to more than 12% of global research and development (R&D) expenditure and equates to $3.33 per month for each...
MENA regional IT spending tipped for 4% growth
IT spending in the Middle East and North Africa (MENA) region is forecast to accelerate in 2024, increasing 4% from 2023, according to the latest forecast by Gartner. MENA's IT spending is projected to total $183,8-billion in 2024, up from $176,8-billion in 2023. In...
Pressure is on brands to lead change
The emergence of Covid-19 met a world that was already battling social justice and ecological catastrophes, with consumers calling for radical change. In different ways, and for a number of reasons, consumers were anxious about the future and, as the world wrestles...
Move to virtual events a modest success
A recent International Data Corporation (IDC) survey confirms that conferencing applications were already in wide use at home and at work prior to the Covid-19 outbreak. When the pandemic created the need to move in-person events to virtual meetings and conferences,...
Asteroid escapes notices as it brushes past Earth
Back in June, an asteroid flew so close to Earth that it passed closer to us than the moon. Asteroid 2020 LD was only spotted two days after its close fly-by, travelling at 60 826 miles per hour. The asteroid measures just 100m in diameter, and brushed past us on June...
Agreement reached on SAA severance packages
Labour unions, and representatives of non-unionised managers and ground staff have agreed to accept the South African Airways (SAA) voluntary severance packages (VSPs) which will be supported by a social plan and skills development programme for employees who will be...
The Moon could be more metallic than we thought
What started out as a hunt for ice lurking in polar lunar craters turned into an unexpected finding that could help clear some muddy history about the Moon's formation. Team members of the Miniature Radio Frequency (Mini-RF) instrument on NASA's Lunar Reconnaissance...
Lockdowns will become harder to enforce
A study by a team led by academics at the University of Pretoria (UP) predicts that South Africans' waning compliance with government lockdown regulations will limit their impact in curbing the Covid-19 pandemic. A consequence of this is that "strict lockdown...
E-commerce cements its place in SA retail
E-commerce, and specifically in the retail sector, has broken barriers regardless of the global pandemic's lockdown restrictions. Global business-data platform Statista believes that the South African market will reach just over R62-billion this year, and show a...
SA ramps up locally-developed testing capacity
The Department of Science and Innovation (DSI), the South African Medical Research Council (SAMRC) and the Technology Innovation Agency (TIA), have made seven funding awards to local companies, organisations and researchers in order to ramp up the country's ability to...
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