Category Archives: GIBS Knowledge and Information Services

All things relating to the workings and service offerings of the Information Centre

African airlines lead global air cargo growth at 18.4% in May(bizcommunity)

In May 2024, the International Air Transport Association (Iata) reported robust growth in global air cargo demand, with a 14.7% increase in cargo tonne-kilometers (CTKs) compared to May 2023. International operations saw an even higher growth rate of 15.5%. This marks the sixth consecutive month of double-digit year-on-year growth. Meanwhile, capacity, measured in available cargo […]
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AI and data analytics have become strategic imperatives for businesses(FE)

The recent surge in GenAI adoption highlights both its promise and challenges. Many companies are beginning to see tangible benefits by applying GenAI to specific use cases but widespread implementation faces hurdles, says Shukri Dabaghi, senior VP — EMEA Emerging Markets & Asia Pacific, SAS. In this interview, he talks to Sudhir Chowdhary about the […]
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How will the new competition laws impact business?(Bizcommunity)

Before leaving his ministerial position, the outgoing Minister of Competition, Trade and Industry, Ebrahim Patel (the Minister), published two important regulations (one of which is in draft form). These regulations, relevant to all sectors of the economy, relate to commercial dealings amongst small businesses and agreements between suppliers, customers, and distributors. Click here to read […]
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5 FinTech innovators diversifying Africa’s digital finance(IBS)

Africa’s digital finance landscape is rapidly evolving, driven by a wave of innovative FinTech companies transforming how financial services are accessed and utilized. With over 400 million people still unbanked, FinTechs are stepping in to bridge the gap, offering solutions from mobile money to digital lending. The FinTech ecosystem is projected to grow at a […]
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Predictive maintenance and the rise of AI in mining (MT)

We look at how AI is reshaping predictive maintenance in the mining industry, helping cut costs and streamline efficiencies as the sector responds to increased production pressures. The mining industry is facing mounting productivity pressure, responding to ramping demand for clean energy minerals and supply chain diversification, and ongoing geopolitical tensions. In response, operators are […]
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True financial inclusion calls for smaller markets to receive equal attention to larger ones (TN)

The potential for mobile money and digital payments to drive financial inclusion is immense. We can see this potential being unlocked on the African continent as it accounts for 70% of the world’s $1 trillion mobile money value and registered a 12% growth in mobile money accounts to 1.75 billion in 2023. This is opening some new opportunities for […]
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World Bank country classifications by income level for 2024-2025 (WB)

The World Bank Group assigns the world’s economies[1] to four income groups: low, lower-middle, upper-middle, and high. The classifications are updated each year on July 1, based on the GNI per capita of the previous calendar year. GNI measures are expressed in United States dollars[2] using conversion factors derived according to the Atlas method, which in its current […]
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Essential skills for leaders in industry 4.0(PM)

The digital age demands a whole new leadership style. Today, successful leaders aren’t just bosses – they’re coaches and strategists, guiding their teams with a mix of emotional intelligence and business smarts. A recent Deloitte report cites this shift:  57% of CEOs are turning to new technologies to drive growth.  This creates an opportunity for […]
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Energy poverty and funding hurdles hold back Africa’s green transition (FT)

The effects of a rapidly warming climate are all too evident in Africa. Floods described as “unprecedented” killed more than 200 people in Kenya in May and displaced thousands more. In the Sahel, the semi-arid strip south of the Sahara, climate change is causing desertification that has made livestock production increasingly difficult, exacerbating conflict and […]
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Convergence of AI, sustainability in the Manufacturing Sector (AI)

Traditionally resource-hungry sectors like steel and chemicals are using AI to transform their operations, achieving profitability with sustainability. As the manufacturing sector evolves, the convergence of artificial intelligence (AI) and sustainability is emerging as a powerful force for change. With two-thirds of the world’s emissions coming from heavy industry, it is traditionally seen as a […]
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