Software, Internet services companies are the biggest spenders
The software and Internet services sector has the costliest finance function at all levels of company revenue, spending at least twice what companies in the food and beverage sector do at equivalent revenue points, according to Gartner. As many finance functions start...
These are the top cybersecurity threats
Cisco Talos's latest quarterly report shows that during April, May and June 2022, commodity malware outpaced ransomware for the first time in more than a year, comprising 20% of the threats observed, followed by ransomware, phishing, business email compromise (BEC)...
Africa fails to turn resources into development outcomes
Africa has been slow to convert its natural resources endowments to tangible development outcomes because of weaknesses in governance, according to the fifth edition of the African Governance Report published by the UN Economic Commission for Africa (ECA). The report...
Call to stem illicit money flows from Africa
Experts have called for combined forces to stem the illicit movement of money and capital from one country to another amid revelations that illicit financial flows from Africa were stifling the continent's development progress. Speaking at the UN Economic Commission...
Vodacom Bulls teams up to boost conservation
The threat facing Southern Africa's most endangered carnivore will be tackled head-on by the Vodacom Bulls and loyal Vodacom Red clients as they team up with SANParks, State Vets and the Endangered Wildlife Trust in a conservation effort in the Kruger National Park....
Is cloud seeding the answer to water crisis?
The results of a study on winter orographic cloud seeding by Water Analytical Services (WAS) and Weather Modification International (WMI) offer insights into rainfall and water resource availability in the Western Cape for the upcoming winter season. WAS, a cloud...
Devices, data boost Vodacom growth
Strong device sales and service revenues - including data - boosted Vodacom's growth in the South African market for the year ended 31 March. Group revenue grew strongly at 6,3% to R86,4-billion; normalised growth, excluding currency translation effects, was 7,8%....
Agriculture could power economic growth
Transforming agriculture can become a stimulus for economic development across the continent. This is according to a study by the Africa Centre for Economic Transformation (ACET), launched at a high-level event on 13 May during the UN Economic Commission for Africa's...
EWC comment extension an ‘insult’, says FMF
The Free Market Foundation believes that the two-week extension granted for comments on Expropriation without Compensation (EWC) is an insult. The undue haste smacks of electioneering and public participation in bad faith, the organisation writes in this statement....
FarmCoin aims to finance unbanked farmers
A new alliance will see the creation of investment opportunity via the listing of FarmCoin Venture, an asset-backed investment coin, to help develop a pan-African financial and commodities ecosystem. Block Commodities and Financial & Commodities Ecosystem...
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