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Treasury, SARB invite comments on cross-border crypto oversight

National Treasury and the South African Reserve Bank (SARB) have invited interested parties to submit written comments on the draft Crypto Assets Manual for cross-border activities. This is part of broader effort by Treasury and the SARB to strengthen the oversight of...

Climate change is redrawing the malaria map in Africa

Malaria is the deadliest climate-sensitive infectious disease. Yet, researchers and public health officials have debated how climate change has shaped its spread. A new Nature study by an international team, including the University of Cape Town (UCT), resolved this...

Sales leaders risk AI agent sprawl

By 2028, AI agents will outnumber sellers by 10 times, yet fewer than 40% of sellers will say AI agents have improved productivity, according to Gartner. “Sales organisations are moving quickly toward a future where AI agents are embedded across the commercial...

Mixed outlook for July PMI

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) declined marginally from 47.3 to 46.8 in July, signalling another month of contraction. However, the headline decline arguably overstates the weakness in manufacturing conditions. Domestic demand improved,...

Consumers spend 10% more on mobile apps

The global app industry has grown tremendously over the years as people spend more on mobile apps than ever. In 2023, consumers worldwide are expected to spend $236-billion on paid apps and in-app purchases and make 262 billion downloads, the highest figures in the...

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Kidnapping concerns grow

Ordinary South Africans are increasingly becoming vulnerable to kidnapping with the latest police crime statistics revealing an alarming 8,6% increase in reported kidnapping cases compared to last year - and with 3 854 cases reported in the three months between April...

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Recycling sector ramps up to deal with e-waste

Electronic waste is a major challenge worldwide, particularly in South Africa where it is growing at three times the rate of growth of solid municipal waste. About 415 500 tonnes of e-waste is produced in the country annually, according to 2019 figures from the United...

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Connected car market to reach $243,75bn

The global connected car market size is expected to reach $243,75-billion by 2030, registering a CAGR of 13,4% from 2023 to 2030, according to a new report by Grand View Research. Surging consumer demand, the constant need for connectivity, increased dependency on...

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