Poorest countries forced to pay more for capital
New analysis from The ONE Campaign shows that the combination of rising interest rates and lack of sufficient affordable capital from the World Bank is increasing economic pressures on vulnerable countries already at high risk of debt distress. ONE's research shows...
Poor consumer demand drives Southern Africa PC market down
Southern Africa's personal computing device (PCD) market, which is made up of desktops, notebooks, workstations, and tablets, declined 21,4% year on year in the first half of 2023, according to the industry analysis by International Data Corporation (IDC). The newly...
Scenario planning for supply chain survival
As the coronavirus continues to disrupt global supply chains, Gartner has developed three scenarios to help chief supply chain officers (CSCOs) anticipate how the future may unfold. In March, Gartner conducted a poll of 833 members from the Gartner Research Circle...
RFA calls for supply chain relief
The Road Freight Association (RFA) is urging government to open up all sectors of the economy to lessen the already devastating economic impact of lockdown and Covid-19. "The movement of both goods and people is vital for the wheels of South Africa's economy to keep...
MPC preview: interest rates continuing lower
The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on May 17-19 to discuss interest rates and other monetary matters. Lullu Krugel, chief economist for PwC Strategy& Africa and Dr Christie Viljoen, PwC Strategy& economist,...
Plan to centralise laptop purchases for university, TVET students
Government aims to centralise laptop purchasing for higher education as learning increasingly moves online. This is the word from higher education minister Blade Minister, who says all tertiary students funded by the National Student Financial Aid Scheme (NSFAS) for...
New directors, chairman-designate for Net1
Net1 has appointed three veteran business leaders as independent non-executive directors. Jabu Mabuza and Ali Mazanderani will join the board today (15 May), and Antony Ball will join on 21 May. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings...
Spoofed visa application hits diplomatic entities
In November 2019, Kaspersky technologies revealed new malware with a focus on diplomatic bodies in Europe, with the initial dropper spread as a spoofed visa application. Further analysis has indicated that this spyware uses the same code base as the infamous COMPFun....
Taiwan chipmaker to open US plant
Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...
Smartphone sales relatively strong, despite lockdowns
Smartphone shipments across EMEA dropped by 8% year-on-year in the first quarter as countries across the region began to respond to the spread of coronavirus and lock down local economies. In total, companies shipped 76,9-million smartphones in 1Q20. "Considering the...
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