140 ‘People are taking out payday loans because they are under pressure to manage existing credit.’ With unemployment remaining stubbornly high and the cost of living continuing to squeeze households, many young…
Category: Business
The human side of AI takes centre stage at ASUS Business breakfast
174 ASUS Business South Africa recently hosted an executive breakfast event, Human Advantage: Leading Business in the Age of AI, bringing together mid-market business leaders and decision-makers from across the hospitality, retail,…
South Africa’s education sector needs more than digital transformation
143 South Africa’s education sector is under extraordinary pressure. Even as digital transformation accelerates across schools, universities and technical and vocational education and training (TVET) colleges, the country’s deep structural divides, including…
Here’s how SMEs can survive the ongoing fuel price hikes
150 ‘Small businesses typically feel these shocks first because they have less pricing power and thinner cash buffers.’ South African small businesses continue to face pressure from persistently high and volatile fuel…
Meet the CIO | Absa CITO Johnson Idesoh on AI, cyber and the future of banking
159 Absa Group CITO Johnson Idesoh Johnson Idesoh, group chief information and technology officer at Absa, says AI in all its forms – generative, agentic and the AI now being wielded by…
Tourism department criticised over delays, red tape in funding programmes
142 Parliamentary committee members have questioned the effectiveness of tourism funding schemes aimed at supporting small businesses. The department of tourism has come under fire for failing to report honestly on the…
South Africa’s digital future depends on meaningful connectivity
158South Africa’s digital future must work for everyone. World Telecommunication and Information Society Day, annually observed on 17 May, is a reminder that in today’s world, access to technology increasingly determines access…
Memory makers SK Hynix and Micron join the $1-trillion club
170 SK Hynix topped US$1-trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally….
Mobile operators locked out as Icasa opens 900MHz of spectrum
181 Communications regulator Icasa has gazetted the final regulations on the use of “innovation spectrum”, formally settling one of the most contested questions in South African spectrum policy. In terms of the…
Hiking interest rates does not solve the problem, says analyst
184 Inflation is driven higher by fuel, electricity, logistics and other administered or imported costs. The South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) will on Thursday announce whether it will…