China reopening earlier than expected could hit supply chains in the short term, but boost growth in 2023
Mainland China’s reopening came sooner than expected for investors, and Goldman Sachs warns it will lead to short-term strains in the workforce and supply chains. According to mobility data analyzed by economists at Goldman Sachs, China is likely to see “weaker growth momentum during the frontloaded ‘exit wave’ on the back of surging infections, a […]
Think twice before hitting retweet: major clampdown on digital abuse in South Africa
Recently, South Africa has been experiencing a barrage of cyber-attacks and/or cyber-related/enabled crimes, with many individuals and organisations being caught flat-footed. In 2021, South Africa was ranked third in the world for having the highest number of cybercrime victims. Accordingly, cyber security is a growing concern, especially in the context of the increasing ubiquity (omnipresence) […]
U.S. weighs new measures for travelers from China as infections surge on mainland
The U.S. government is considering imposing new Covid rules for travelers from China, officials said, citing concerns over virus-related data released by the Chinese government. “There are mounting concerns in the international community on the ongoing COVID-19 surges in China and the lack of transparent data, including viral genomic sequence data, being reported from the […]
South Africa to get two ‘extra’ public holidays in 2023
South Africa will have 14 public holidays in 2023, including an additional two days off to celebrate public holidays which fall over a weekend. The first of these extra days off is happening next week, on 2 January 2023, to observe New Year’s day, which falls on a Sunday. The Public Holidays Act (Act No […]