South Africa’s entrepreneurship ecosystem falls behind, according to the 2026 Global Entrepreneurship Monitor (GEM) National Expert Special Report. South Africa has no shortage of entrepreneurs, but their ability to turn promising ideas into sustainable, job-creating businesses is let down by a weak support ecosystem that ranks 7th lowest globally. The 2026 Global Entrepreneurship Monitor (GEM) National Expert…
Only 17% of respondents report using GenAI every day. Africa’s workforce is embracing artificial intelligence (AI) at a faster pace than global peers, but pressure is mounting for organisations to ramp up digital skills development as generative AI (GenAI) begins reshaping roles across industries. This is according to PwC’s Global Workforce Hopes and Fears Survey…
Abuja — Despite controlling at least 60 per cent of West Africa’s $80 billion oil market, Nigeria’s cost of drilling per barrel is about 40 to 50 per cent higher than its peers, a report by Deloitte, a global firm which provides audit, consulting and financial advisory services across various industries, has said. Besides, the…
Most of South Africa’s five largest banks are increasing their spend on IT – excluding staff costs – in single-digit percentages, their most recent full-year financial results show. However, Capitec – although not the biggest spender in absolute terms – bucked the industry trend by increasing its spend by 32% year on year for the…
