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Economic activity moderates amid rising fuel pressures

Reflecting mounting economic pressure, the PayInc Economic Index declined in April 2026, signalling the impact of the fuel price adjustments on households and businesses. The index tracks the value of all electronic transactions cleared through PayInc, together with a...

SA skills gap: Where talent supply and employer demand collide

South Africa faces a persistent disconnect between the talent available in the labour market and the qualifications that employers are seeking, according to the latest Pnet Job Market Trends Report for April. Around half (54%) of job adverts posted in the last 12...

Unemployment stats reflect market pressures

The Quarterly Labour Force Survey for the first quarter of 2026, released yesterday by Stats SA, points to an unemployment rate now standing at 32,7%. Frank Blackmore, lead economist at KPMG, points out that employment, like GDP, tends to fluctuate seasonally, so some...

Company culture drives performance in SA business

Nearly half (49%) of an organisation’s ability to execute and innovate is driven by culture - positioning it not as a “soft” business factor, but as one of the most measurable drivers of performance. New research from The Human Edge identifies four cultural...

Election outcome boosts US economic outlook

Business leaders registered a huge shift in positive sentiment about prospects for the US economy and their own organisations in the wake of the recent presidential election, according to the fourth-quarter AICPA & CIMA Economic Outlook Survey. The quarterly...

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FNB customer spend passes R3,2bn on Black Friday

FNB customers exceeded last year’s highest spend peak, going over R3,2-billion in Black Friday purchases this year. Black Friday spending has increased by 11% year-on-year with transactions worth over R5,4-billion processed on FNB Speedpoint devices.  Overall,...

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Black Friday sees big rebound in consumer spend

Despite coming off the back of a prolonged period of economic headwinds and difficult conditions, South African consumers bounced back during this year’s Black Friday week. Users clocked up massive year-on-year increases in spend on every day of the week, peaking at a...

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These are the top business travel tips

A new survey reveals tension among business travellers as cost pressures and other factors create friction in the business travel market. According to the findings of the SAP Concur Global Business Travel Survey, two-thirds of business travellers feel that traveling...

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SMEs should get ready to adapt

2024 is ending the year better than it began, with improved consumer and business sentiment largely attributed to the election outcome, a suspension of loadshedding for over eight months and a significant drop in inflation. In October South Africa’s annual inflation...

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