Browse every article
1,115 articles · 1 filter applied · Reset filters
The IMF’s warnings about the impact of climate change on the fragile states in the continent come ahead of two major climate change
IMF: In an IMF blog posted yesterday, the Fund noted that climate change poses ‘grave threats to countries across Africa – but especially fragile and conflict-affected states’. The Fund noted that it is vital that Africa’s leaders come up with solutions to support these vulnerable countries. It added that from Central Africa Republic to Somalia and
Hammarsdale reopens after decades of dumping damage
The return to full production at the Rainbow Chicken plant in Hammarsdale, outside Durban, is a historic event. The plant was partly shuttered in 2017, due to rising levels of dumped chicken imports. The 2017 Hammarsdale closure highlighted the crisis in the South African poultry industry because of nearly two decades of chicken dumping. Import
What our female clients are invested in on the JSE
We had a look at what our female Share Invest clients are invested in right now. While not completely different to what our male clients are invested in – there were some interesting surprises waiting for us in the thousands of data points (and subsequent pivot tables) that we combed through. As a start, it
FairPlay was launched due to the Hammarsdale closure
Hammarsdale has special significance for FairPlay. The Hammarsdale closure, and the plight of the workers and communities affected, resulted in the launch of FairPlay as a movement opposed to dumping and unfair and illegal trade. FairPlay founder Francois Baird recalled that the decision to close the plant and retrench workers was announced in 2016. FairPlay
Saudi Arabia lifts 21-year ban on South African meat
The Saudi Arabian Food and Drug Authority has announced it is to lift a ban on meat imports from South Africa, opening up opportunities for local meat producers in a sizeable market. Freight News reports that Saudi officials inspected local abattoirs and feedlots in June this year to ensure that meat products complied with Saudi Arabian
China to provide agricultural assistance to Africa
China believes African countries will be able to feed themselves, and has promised Chinese investment to help the continent to achieve that objective. The undertaking came from Chinese President Xi Jinping at the recent summit in Johannesburg of the BRICS group of nations – Brazil, Russia, India, China and South Africa. He said China will allocate more resources
PPT Group to harness AI’s potential with Microsoft Copilot
PPT Group, one of South Africa’s premier management consultancy firms, has announced that it will integrate the transformative capabilities of Microsoft Copilot, an AI-powered collaboration tool for Microsoft 365, into its portfolio of client services. "Platform shifts in technology have always defined the eras of innovation. From text-based computing to the GUI, the internet and
Vodacom, Eskom sign historic first virtual wheeling agreement
In a first of its kind in South Africa, Vodacom signed a Virtual Wheeling agreement with Eskom earlier today that will help accelerate efforts to solve the country’s energy crisis. In addition to adding capacity to the nation’s power grid, this agreement – a Vodacom innovation which has been co-developed with Eskom – will also
(SPONSORED) Unexpected Risks That Your Car Insurance May Cover
When you took out car insurance on your new vehicle, it is unlikely you reviewed the policy with a fine-tooth comb. You would rather be enjoying your new ride than reading the fine print, right? This means that while you might know the basics of what is covered by your vehicle insurance, you might not
The new look of agriculture: Technology makes efficient and sustainable farming possible
By the year 2050, the global population is projected to surpass 9 billion, presenting a substantial challenge in ensuring an adequate food supply for everyone. Addressing this imperative, the agricultural sector must undergo a remarkable transformation, aiming to increase production by approximately 69% from 2010 to 2050. Farmers spanning from small-scale cultivators to expansive agricultural
Ghana’s government announced that it has reached a deal to restructure USD4bn debt with domestic pension funds and investors
Ghana: The Ghanaian Finance Ministry yesterday announced that the government’s pension fund debt exchange had closed with a 95% participation rate, while the USD-denominated bonds exchange had closed with a participation rate of around 92%. Pension funds have agreed to exchange GHS29.6bn (cUSD2.6bn) of the GHS31bn existing bonds for two new notes with maturities in 2027
Insurance solutions women need to mitigate the ‘what-ifs’
While the role of women in society continues to evolve, so does the need for them to be exposed to financial planning resources that will allow them to fend for and protect their families accordingly. Women are forecast to live longer, according to the World Health Organisation. The life expectancy for men increased to just
Bridging Connectivity Gaps in Africa with FWA Solutions
Addressing the Global Digital Divide Today, the global digital divide persists, with around 1 billion households without fixed broadband, and projections indicating that approximately 30% of households worldwide may still lack broadband connectivity by 2028, according to an Ericsson analysis. At the same time, 3GPP technologies, including LTE and 5G, are poised to offer extensive
Eskom has implemented Stage 4 load shedding for the first time in three weeks amid some loss of generation capacity
The National Treasury is due to release its main budget data for July. Absa group and the Thomson Reuters consensus expect a main budget deficit of R123.7bn, slightly smaller than the R129.5bn deficit recorded in July last year. Our forecast is broadly in line with the provisional financing data. A print in line with our forecast
Reinforcing Personal Safety: The Namola app is the quickest way to request emergency assistance
Personal safety has taken on a new dimension, with the development of innovative apps that offer quick and efficient ways to summon help in the event of an emergency. One such app that has gained considerable attention is the Namola app. Designed to connect users with emergency services swiftly and intelligently, the Namola app has
Turning Left: Success rests in connection, not perfection
According to the Economist, There is a say, "a backlash against the tyranny of high expectations" within the workplace, a time to not be perfect at work. Why? Because burnout and stress are at record highs. A Future Forum survey reported that burnout was at the highest levels since May 2021 with 42% of respondents
Up your financial game with Experian’s new free financial wellness web app
Experian, one of the largest credit bureaus in South Africa, has launched Up, a free credit, budgeting and learning experience web-based app, that aims to help South Africans take control of their financial health. The Experian Consumer Default Index (CDI), which tracks the rate of increase in consumer first payment default, has steadily increased over the past
Private sector credit extension growth is likely to have moderated further in July against a backdrop of higher interest rates
The domestic macro calendar is fairly busy this week. The SARB is hosting its Biennial Conference on Thursday and Friday under the theme ‘post-crisis lessons and policy challenges’. The SARB notes that the aim of this year’s conference is to bring together speakers to reflect on the challenges faced by central banks and other macro policy
Redvine Networks collaborates with Lytn to enhance network intelligence in Africa
Redvine Networks, the fully managed secure SD-WAN and networking service provider and distributor, has collaborated with French software developer Lytn, to combine machine learning (ML) and advanced artificial intelligence (AI) to build a solution exclusively for the African continent to proactively optimise network performance for customer environments. “Redvine RHEA is an exciting addition to our solutions stack and demonstrates our continued commitment to driving a technology
Castrol Takes the Stage at the Prestigious ‘Women with Drive’ Event
Leading automotive lubricant company, Castrol, took a prominent role in this year’s anticipated Women with Drive event, hosted by MasterDrive. The event took place this Women's Month at the prestigious Festival of Motoring and is an opportunity to champion gender equality in traditionally male-dominated industries. With the theme 'WOMEN WITH DRIVE – STRIVE', this year's