Formal salaries on the increase

Both consumers and retailers can look forward to some Christmas cheer over the coming festive season, since indications from the latest BankservAfrica Disposable Salary Index (BDSI) are that those in formal employment have more cash in their pockets than generally...

Facebook is failing marketers

Seventy-nine percent of companies market on Facebook – betting billions on Facebook’s potential and buying into its promise to revolutionise marketing. But they could be wasting their money. In a new Forrester report, vice-president and principal analyst...

The untapped market of Africa

South Africa has joined a collaboration between top business schools in BRIC countries to help business and investors find out how to make the most of emerging markets in Africa. The World Bank recently raised its economic outlook for sub-Saharan Africa for the next...

Cassini snaps Saturn shot

A loop high above Saturn by NASA’s Cassini spacecraft revealed this view of the golden-hued planet and its main rings. This natural-colour view – seen as human eyes would have seen it – shows off the differently coloured bands of weather at Saturn. A...

R550m ATM upgrade for Absa

Absa has committed more than R550-million to improve and enhance its ATM network and expand self-service banking facilities. Absa operates the largest ATM footprint nationwide with more than 9000 ATMs. Enhancements to the network include ATMs which provide convenient...

Winds of change at SITA

Although the State IT Agency (SITA) is behind in implementing its turnaround plan, there is a new spirit of innovation and partnering at the organisation. With a new board and new CEO having taken over recently, the original turnaround plan can be said to have...