Challenges build resilience and agility in African CEOs
CEOs in sub-Saharan Africa develop resilience and agility as they navigate an evolving and complex business operating environment, according to PwC's "Africa Business Agenda: Business Operating Environment Perspective 2023". To enhance business sustainability and...
African smartphone market falls to new low
Africa's smartphone market declined 3,4% quarter on quarter (QoQ) in Q1 2023 to total 17-million units, the lowest level of shipments since the start of the Covid-19 pandemic in Q1 2020. This is according to the latest figures announced by International Data...
Volumes are up, but IT revenue growth set to slow
Revenue growth through European distribution sales is forecast to decline from 17% in Q1 2023 to 7% in Q2, although sales growth will continue to recover into the second half of the year, according to Context. The figures come from the Context Channel Forecast Q2 2023...
New mobile APT campaign targets iOS
Kaspersky researchers have uncovered an ongoing mobile advanced persistent threat (APT) campaign targeting iOS devices with previously unknown malware. Dubbed 'Operation Triangulation', the campaign distributes zero-click exploits via iMessage to run malware gaining...
More South Africans tricked into becoming money mules
As more people become cash-strapped and desperate within the current, challenging economic environment, it's becoming easier for criminals to recruit money mules. Money mules move stolen money through their banking channel on behalf of criminals, and the number of...
Inflation, recession, potential default drag US economic outlook down
Last quarter's modest lift in business executives' view of the US economy proved short-lived, with a majority now expressing pessimism about the next 12 months, according to the second-quarter AICPA & CIMA Economic Outlook Survey. The survey polls chief executive...
AR/VR headset shipments slow
Global shipments of augmented reality (AR) and virtual reality (VR) headsets slowed significantly in the first quarter of 2023 (1Q23) as macroeconomic conditions worsened and the market cooled compared to the pandemic driven highs seen last year. According to new data...
Is this a powerless power minister?
The powers of the new Minister of Energy, as promulgated by President Cyril Ramaphosa, appear to be limited and his areas of responsibility overlap with those of other ministers, writes Jason van der Poel, partner at Webber Wentzel. On 26 May 2023, President Cyril...
Think waste management is a waste of time? Think again
Effective waste management plays a pivotal role in our daily lives. From reducing unsightly garbage strewn across the country's streets to reducing environmental contamination, it is a critical element in preventing the spread of diseases and promoting public health....
Innovative payment solutions are shaping SA’s retail sector
Today's consumers have access to a myriad of convenient experiences through mobile apps and online platforms, and they expect a similar level of ease when interacting with businesses and specifically payment interactions. Indeed, consumer demand for better and more...
Your phone system could save your people time
With new hires suspended by many businesses as the combined effects of slow economic growth and load shedding take hold, businesses are having to try and do more with fewer resources. For the people involved, this means risking burnout or quiet quitting unless...
SARS confirms removal of ‘financial emigration’ process
SARB removed the requirement to financially emigrate from South Africa in 2021, but SARS had not yet aligned their processes with the emigration change until now. By Jonty Leon, attorney and tax practitioner, and Reinert van Rensburg, attorney and tax practitioner at...