According to a NEASA survey, 37% of employers who have applied to the UIF for assistance in order to pay their employees, or at least a portion of their salaries, have indeed received it. A large portion of employers who received payment, however, complained that it was the incorrect amount. The UIF has just announced that they have crossed the 1 million employees mark in respect of employee payouts. Put in context, this is very unsatisfactory. The South African workforce consists of over 10 million workers, of which over 8…
Read MoreDay: 30 Apr 2020
How AI can mitigate RSA’s energy crisis
“The energy industry is rapidly expanding its use of mathematical optimization across a wide array of business areas, from supply chain management to clean energy production,” said Mark Collingwood, FICO vice president for decision management solutions in Europe, the Middle East and Africa. “The adoption of FICO Xpress Optimization at enterprise level will streamline and improve energy providers existing decision processes, while building on the success of previous projects.” South Africa presents itself as the perfect candidate for the Xpress Optimization as it has had an ongoing energy crisis leading…
Read MoreModernising water infrastructure: what will it take to address the water challenges in Africa?
JOHANNESBURG, SA, Water is a critical resource and has a tremendous impact on Africa’s development. Unfortunately, climate change, together with a soaring population, has led to an increase in the demand for water – a demand that in many countries, outstrips the available resources. As the availability of water declines, the facilitation of water for domestic consumption, agriculture and other uses is becoming critical, as is the modernising of water infrastructure to meet the growing demand. Bear in mind that Africa is a continent with 1.2 billion people, and a…
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