Conditions in the SA manufacturing sector deteriorated at the end of the third quarter. This is according to the seasonally adjusted Absa Purchasing Managers’ Index (PMI), which declined by 4.3 points in September to 45.4. The soft reading for the headline PMI was driven by very weak demand and constrained production. In terms of the former, September saw an outsized decline of more than 10 index points in the new sales orders index, which fell back to a level last seen in mid-2021. External and domestic demand for SA manufactured goods seems to have been under pressure, with the export…
Author: Yanga Manci
With petrol price increased again per litre, motorists will have to make the most of every tank of fuel. Ricardo Coetzee, Head of Auto & General Insurance explains that a car can burn between 30 to 40% more fuel if proper maintenance is not performed regularly so, if you want to save on fuel, and keep your vehicle running for longer, investing in good maintenance and changing your driving habits are essential. Auto & General shares the top 10 tips for better fuel economy:
Samsung Electronics has announced the global launch of the KMC-W, an updated Windows version of the Samsung Kiosk, winner of an ISE Best of Show award from AV Technology at Integrated Systems Europe 2023. The new version of the Kiosk features an interactive 24-inch display that brings expanded software compatibility to advanced self-service display technology for the food and beverage, retail, travel and healthcare industries. The convenience of contactless technology has become critical for businesses to meet consumer demand across various industries and applications, including bill payments, drive-thru, self-ordering, cafés and unmanned fitting rooms. “The retail landscape is changing based on consumer behaviors and rising demand for contactless and non-cash payment methods,” said Hoon Chung, Executive Vice President of Visual Display Business at Samsung Electronics. “As this trend accelerates not just in retail but also in the food and beverage, healthcare, travel and other…
The Financial Sector Conduct Authority (FSCA) has launched the first eleven modules of the newly revamped Trustee Training Toolkit (TTK/toolkit) e-learning platform. The new toolkit is aimed at ensuring that retirement fund trustees are up-skilled with more comprehensive information that will enhance their knowledge and skills to better equip them in the exercise of their fiduciary duties in the retirement funds on which they serve. “The revision of the TTK was substantive in nature and shows that governance principles are not static in nature and have to keep apace with changes in our environment, economy and society. Trustees as directors…
Solar panels have become a feature of the South African residential landscape over the past few years as homeowners seek a measure of energy self-sufficiency. Once you have made your home as energy efficient as possible with LED lights, a solar/gas/efficient geyser, gas cooker and energy-saving habits, the time is right to invest in a PV system with battery backup to keep you going during loadshedding. It is always a good idea to know what your monthly electricity consumption in terms of kilowatt hours, this will be asked of you by any installer worth his/her salt. You can find this…
Savings? What savings? This question was echoed by over 50% of respondents in a recent Budget Insurance survey on load shedding’s effect on monthly savings. Those that did have some money to spare are spending it on takeaways, backup power solutions and replacing appliances damaged by power surges. “Increases in the cost of living already have South African households struggling to make ends meet. Add the extra weight of forking out cash to make load shedding-related plans and you have countless people who struggle to get by, let alone save,” says Tyrone Lowther, Head of Budget Insurance. The good news…
Lenovo announced its new first-to-market edge AI services and solutions designed to enable mass deployment of remote computing capabilities that will significantly accelerate AI readiness and empower new AI applications for any business. New Lenovo TruScale for Edge and AI brings the proven cost benefits of Lenovo TruScale’s Infrastructure as-a-Service model to the broadest and most comprehensive edge portfolio on the market, enabling customers to leverage a pay-as-you-go model to quickly deploy powerful edge computing and gain AI-powered insights directly at the source of data creation. Lenovo is also expanding its industry-leading portfolio with the new Lenovo ThinkEdge SE455 V3,…
Six months after Network International announced a R500 million investment in its locally hosted, integrated payment platform, the company confirms it has already achieved significant milestones. These include the successful deployment of its Network One technology stack with two blue-chip clients onboarded, a doubling of its local staff, and a digitised suite of Issuing and Acquiring solutions. “By deploying our state-of-the-art payments platform in SA, Network is able to deliver rapid local access for banks, fintechs, MNOs and other businesses to run API integrations to their core platforms, as well as the ability to easily integrate with third party partners. These integrations significantly increase the range…
Veeam® Software, the leader in Data Protection and Ransomware Recovery, today announced the VeeamON Resiliency Summit taking place online Tuesday, Oct. 24. More than 450,000 enterprises around the world rely on Veeam – the #1 provider worldwide in the Data Replication & Protection software market – to ensure cyber resilience and rapid recovery from ransomware and cyber-attacks. The Veeam Ransomware Trends Report 2023 shows that today it’s not about if your organization will be the target of a cyber-attack, but how often. This free online half-day event will help all organizations prepare and plan for security incidents, as well as confront, contain and conquer ransomware by uniting IT, security and…
Momentum Health Solutions announced the benefit enhancements and contribution increases for Momentum Medical Scheme and Health4Me health insurance for 2024, with continued focus on finding sustainable ways to extend affordable healthcare cover to previously uncovered individuals. “The resilience of South Africans, widely renowned as it already is, continued to be tested throughout 2023. Acknowledging that the same is true for an increasing number of global economies does not diminish the stress of individually coping with numerous challenges that so many are currently faced with. We are acutely aware of the huge responsibility we have to help alleviate these pressures, by…
