The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories and backlogs based on a monthly survey of 27,000 businesses — fell from -0.18 in August to -0.35 in September, with a sharper increase in excess capacity across the world’s supply chains. Continue reading
Category Archives: Business
Africa’s total exports expected to hit close to USD1 trillion by 2035, Standard Chartered report reveals
Standard Chartered has today published its Future of Trade: Africa report, highlighting the outlook for African trade and providing a view of the African Continental Free Trade Area (AfCFTA) as a key proponent of optimising intra-African trade. Continue reading
THALES TO MODERNISE ZAMBIA’S AIR TRAFFIC CONTROL WITH LATEST TOPSKY ATC SOLUTION
Thales, Tue, Oct 10 2023 – Following the contract signed in 2014 with Zambia Airports Corporation Limited(ZACL), Thales is modernising the ATC (air traffic control) centres at Lusaka and Livingstone international airports in Zambia.
Thales is expanding its TopSky – ATC air traffic control automation solution with two new applications. The first is Controller Pilot Data Link Communications (CPDLC), which allows clear and secure dialogue between pilots and controllers. The second is Automatic Dependent Surveillance – Contract (ADS-C), which automatically transmits aircraft flight status reports to ATM systems on the ground. Continue reading
FII 7th EDITION UNITES GLOBAL LEADERS TO TACKLE HUMANITY’S GREATEST CHALLENGES
The 7th Edition of the Future Investment Initiative (FII), slated to take place from October 24th to 26th, 2023, in Riyadh, will convene an exceptional gathering of world leaders, industry titans, financiers, innovators, and policymakers. Themed “The New Compass,” this conference will address pressing global challenges in the realms of Climate, Economy, and Technology. Continue reading
New Elliptic research uncovers the true scale of cross-chain crime, as North Korean hackers and criminals adopt new crypto laundering tactics.
Elliptic, the global leader in blockchain analytics solutions, today released its 2023 edition of the landmark report, ‘The State of Cross-chain Crime’. The report reveals that $7 billion of illicit or high risk funds has been laundered through cross-chain and cross-asset services, with North Korean hackers, the Lazarus Group, responsible for $900 million of cross-chain crime. Continue reading
Experienced Pilots Voice Safety Concerns As Holiday Travel Season Begins
As Airline Captains, First Officers, Line Check Pilots, Mentors and Passengers, we have witnessed a concerning and significant rise in close call aviation incidents in 2023. The safety of commercial airline travel has been compromised because of the increasing number of experienced airline pilots being forced into retirement at age 65 and carriers’ ongoing struggles to attract and retain top tier pilot candidates. Factoring in the loss of on-the-job training (“operational experience” or OE) by the more experienced pilots who mentor the less experienced pilots and given the unprecedented level of US air travel following the pandemic, the situation is untenable. This according to members of the Let Experienced Pilots Fly, Inc. organization. Continue reading
Study Shows Canadians Invest in Cryptocurrency to Enhance Living Standards and Quality of Life
Bitget, top cryptocurrency exchange and copy trading platform, has released a study that sheds light on the financial aspirations and investment behaviors of crypto enthusiasts across the globe. The research, conducted from May 2023 to August 2023, engaged over 1,500 participants from 20 countries, including Canada, Europe, Australia, Japan, and Turkey. Continue reading
Barrick Strengthens Zambia Partnership, Invests in Major Expansion of Lumwana Mine
LUSAKA, ZAMBIA – Barrick’s transformation of its Lumwana mine into a world-class producer will provide strong impetus for the government’s thrust to revive the country’s copper industry, president and chief executive Mark Bristow said yesterday after a meeting with Zambian President Hakainde Hichilema.
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STOREDOT SIGNS STRATEGIC AGREEMENT WITH FLEX|N|GATE TO PRODUCE EXTREME FAST CHARGING BATTERY CELLS FOR US EV MARKET
StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles, is today announcing that it has signed a strategic partnership agreement with Flex|N|Gate, a leading global automotive component manufacturer. Continue reading
Cultural Anthropologist Debuts Essential Playbook for Transforming Culture in the Modern, Ever-Evolving Workplace
The compelling new business book, The Open Culture Handbook: Five Questions to Drive Engagement and Innovation, from cultural anthropologist and management consultant Drew Jones, PhD, presents a tangible roadmap for fostering a natural company culture—places where humans can be human. It is available today from Amazon, Barnes & Noble, Amplify Publishing, and other major retailers. Continue reading