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Debt Consolidation and Debt Review: What You Need to Know
Managing personal finances can often be overwhelming, especially when faced with mounting debts and financial obligations. In such situations, seeking the right solution to alleviate the burden and regain control of your finances is a logical step, and the commonly considered options are Debt Consolidation and Debt Review. Denise Hartley, Chief Operations Officer at FNB
Tesla Builds its First Cybertruck Two Years After Delays
Tesla finally builds its first cybertruck after two years of delay. Saturday, Elon Musk’s company shared that it’d made its first Cybertruck at its Texas factory. The production is now expected to ramp up. the truck was first introduced in a 2019 reveal where the vehicle’s designer cracked the vehicle’s supposedly unbreakable “armour glass” windows.
The IMF Executive Board completed the fifth review under EFF/ECF arrangements for Kenya
Nigeria: Nigeria’s June consumer inflation at 22.8% y/y was slightly below our expectations (Absa Research 22.9% and Bloomberg consensus 23.0%), although it was up 0.4pp from the preceding month. CPI rose 2.1% m/m in June (May: 1.9%), which was its steepest monthly increase in seven years. The higher print was not a surprise given the near-40%
Enhancing Productivity On-the-Go: Mobile Apps Empower Users to Stay Connected, Efficient and Productive
In today's fast-paced world, where mobile phones have become an indispensable part of our daily lives, staying connected and maximising productivity whilst on the move has become more crucial than ever. According to recent statistics, the average person spends over four hours a day on their mobile devices, underscoring the need for efficient and reliable
Power cuts hit poultry producers
South Africa’s poultry producers are among the industries impacted by the high levels of national power cuts the country has experienced this year. Though the outages, known as load shedding, have decreased recently, the effect continues to show in companies’ financial statements. In May, the country’s largest poultry producer, Astral Foods, reported an 88% drop
Skilling our youth for a transformative future
In the month where we mark World Youth Skills Day, it is necessary to reflect on what we can do to reverse the unemployment trends across a continent that not only has the youngest population in the world but also a wellspring of exciting untapped talent. As of 2022, around 40 percent of the African
How creating transparency in the food & beverage supply chain promotes consumer trust
Consumers are more conscious than ever of where their food comes from, how it was produced and how it’s been handled throughout its journey from farm to table. Today’s consumers are also growing more and more conscious of how their own decisions – including which brands they support – are impacting the environment. Because of
FNB Connect new CEO appointment
FNB confirms the appointment of Sashin Sookroo as the CEO of FNB Connect, its mobile virtual network operator (MVNO), effective 1 July 2023. With over 14 years of dedicated service to FNB, he has been instrumental in driving innovation across different business areas, including the EFT Product House and Core Banking. Lytania Johnson, CEO of
William Mzimba retires from Vodacom Business after a five-year tenure
Vodacom South Africa’s Chief Officer of Vodacom Business, William Mzimba, has elected to retire from Vodacom after a five-year tenure and will leave the company at the end of September 2023. Commenting on William Mzimba’s departure, Sitho Mdlalose, CEO of Vodacom South Africa: “I would like to offer my gratitude to William for his invaluable
Lenovo study reveals CIO commitment and concerns around technology innovation
A global annual survey of Chief Information Officers (CIOs) by Lenovo reveals that despite economic headwinds and IT budget challenges, the world’s CIOs are bullish about the power of technology to deliver value for their organizations. Despite their optimism, the risks are real, as 83% are concerned that there will be insufficient budgets to properly
Customers donate R4.4m using the new ‘nav» Care’ capability on the FNB App
FNB is proud to announce that its customers and employees are harnessing the power of using technological innovation for social good after they donated an impressive total of just over R4.4 million in funds and eBucks to charitable causes using the nav» Care feature on the FNB App. The remarkable generosity of FNB's customers and
Power up with BLUETTI’s innovative energy solutions
Bluetti, a leading provider of renewable energy storage solutions, is proud to announce the launch of its latest line of cutting-edge products. These innovative products provide individuals and businesses with reliable and sustainable energy storage options, empowering them to embrace a greener and more efficient future. With load-shedding a stark reality throughout winter, South Africans
High risk of social unrest in SA, says Sasria
South Africa’s high unemployment rate and high levels of power cuts add up to a high risk of social unrest such as it experienced two years ago, according to the head of the state insurance company Sasria. Sasria CEO Mpumi Tyikwe said in an interview with Business Day, “The biggest worry is youth unemployment …
South Africa fights to keep its Agoa benefits
South Africa is pulling out all the stops to ensure that it retains its trade benefits under the Africa Growth and Opportunity Act (Agoa) – legislation in the United States that gives designated African countries preferential access to US markets. South Africa is an existing beneficiary, but the legislation is now up for renewal and
Why handling a crisis must be part of a modern leader’s skillset
Modern leaders face unprecedented challenges. In an environment of widespread global political instability, with a backdrop of new ways of working, changing customer expectations and broad economic uncertainty, leaders today are being tested on many fronts. Winston Churchill's famous observation about never letting a good crisis go to waste – which he made during some
South Africa’s Marketing and Advertising Agencies Welcome Petal Ads Solution
Advertising agencies are increasingly turning to digital advertising platforms to reach target customers. With various channels and tools for agencies to create and distribute ads online, agencies are exploring various methods for digital advertising and exploring new ways to run campaigns. These platforms offer significant advantages over traditional advertising methods, such as print or television
Building your financial resilience
Many South Africans are finding their pockets under pressure due to rising inflation and interest rates, which in turn impact on the cost of living. In tough times like these, financial resilience can help families navigate the challenges they face. But what does financial resilience mean, and how can you improve yours? Experts define financial
Trend Named a Leader in Network Analysis and Visibility
Trend Micro Incorporated(TYO: 4704; TSE: 4704), a global cybersecurity leader, announced that it has been named a leader in network analysis and visibility (NAV) solutions in a new Forrester evaluation of 13 top solution providers, including Trend Micro. The report analysed three core products in the evaluation of Trend Micro’s offerings. Emmanuel Tzingakis, Technical Lead: Sub-Saharan
Tanzania’s Inflation Eases in June, With The Bank of Tanzania Likely To keep It’s Policy Rate Unchanged
Tanzania: Consumer inflation eased to 3.6% y/y in June from 4.0% in May, which was in line with our expectations. CPI rose by 0.1% m/m, lower than the prior month’s 0.2% increase, mainly driven by lower food costs. The food & non-alcoholic beverages index decreased by 0.3% m/m, which together with moderation in restaurants & hotels
Vodacom warns of fast-rising costs
Sitho Mdlalose, MD of Vodacom South Africa has sent a warning that input costs in the telecommunications sector are rising at a faster rate than inflation. Speaking to TechCentral, Mdlalose said, Vodacom has “absorbed a lot of the costs” by implementing the increasing of inflation, resulting to the cost to serve customers is increasing, with