The seasonally adjusted Absa Purchasing Managers' Index (PMI) improved somewhat in August, rising by 2.4 points to 49.7 - just below the key 50-point mark. The increase in the headline PMI was driven by the business activity index, which jumped by almost 12 points to...

Vodacom has signed a virtual wheeling agreement with Eskom which, it says, will help accelerate efforts to solve the country's energy crisis. In addition to adding capacity to the nation's power grid, the agreement will also play a significant role in moving Vodacom...

The National Small Business Chamber (NSBC ) has revealed that 86% of small businesses say they have suffered negative effects as a result of the pandemic, with just 14% of small business owners saying they had experienced limited effects. "The short-term outlook for...

The health and economic consequences of Covid-19 have highlighted the critical need to support vulnerable populations, many of whom are disproportionately impacted. Mastercard has pledged to bring a total of 1-billion people and 50-million micro and small businesses...

On average, prices for mobile-voice, mobile-data and fixed-broadband services are decreasing steadily around the world, and in some countries even dramatically. The reduction in price relative to income is even more dramatic, suggesting that, globally,...

Technology and responsible investing will "inevitably be the top two megatrends" of the 2020s. This is the word from deVere Group's chief executive and founder Nigel Green. He says global stocks are rising as the world looks ahead to the post-pandemic era and gradual...

South Africa has been named the second most favoured offshore location for contact centre delivery globally. This is the third year in a row that South Africa has consistently taken second place, straddled in 2020 by two mature sector giants; India in first place and...

Worldwide spending on telecommunications and pay TV services will reach nearly $1,6-trillion in 2020, a decrease of 0,8% compared to 2019, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects the decline to...

A Gartner analysis of earnings announcements of S&P 500 companies through May 12 revealed that 70% of companies have revised or completely withdrawn their earnings guidance due to the Covid-19 pandemic. From the 416 companies that made earnings announcements...

Most smokers have been able to purchase cigarettes during the lockdown period, according to a recent research report published by a research unit at the University of Cape Town. However, smokers have had to pay a substantially higher price for these cigarettes. Many...