Daily Archives: September 25, 2016
Somaliland is a small nation in the Horn of Africa with a population of around four million inhabitants. Its economy is dependant on Diaspora remittance and livestock export to the Arab gulf countries. It has an infancy stage banking and financial services industry dominated by remittance business. As a result of anti money laundering regulations in the remittance originating countries in North America and Europe, remmitance lifeline to Somaliland is always at risk of disruption unless local regulatory environment and anti money laundering fighting mechanisms are installed and applied rigorously.
Increasing demand for petroleum products has led to refineries in Africa not to be able to satisfy the level of demand while much rely on imports to meet the deficit. This existing challenge has led the Centurion Law Group to examine the immediate status of the Africa Refinery sector and how private investors can benefit while solving the challenge of rising demands.
By Coenette Bosman, Head of Product Management: Sage X3 People, R&D
It doesn’t feel that long ago that protecting yourself from web-based predators was pretty simple. You installed some simple anti-virus software on your computer and let it run in the background whenever you connected your computer to the information highway. That’s right, kids: once upon a time you could disconnect from the internet (ask your parents). Today, thanks to the cloud, wi-fi, smartphones and all of those other beautiful inventions that have made life easier, there are more steps involved in protecting yourself from “the bad guys.”
Many entrepreneurs and small-business owners in Africa are reaping the reward of the global tech and web-services booms, and have built strong business models which they can apply locally… and some, even globally. But as more and more of these small businesses are finding out, small enterprises are increasingly being targeted by cybercriminals, too. How can you protect your small-business customers and decrease your risk?