As widely reported last year, South Africa received the most cybersecurity threats on the continent by far – 230 million compared to second-placed Morocco’s 71 million in 2022.
Category Archives: South Africa News
South Africa News
Social, geopolitical, and technological transformations are actively disrupting the traditional hierarchy of global cities, creating a more widely distributed geography of opportunity.
Fraud of all kinds increased by a shocking 600% over the last four years in South Africa.
While South African entrepreneurs continue to battle less-than-ideal operating conditions for their businesses in our country, one solution remains prevalent: the integration of locally produced, technical solutions, with the power to provide our hard-working entrepreneurs with monthly cost savings, improved operational efficiencies and an increase in opportunities for growth.
SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities.
Crypto Fest 2023 blasted into Cape Town, celebrating the next evolution of digital assets and locally built solutions.
This comprehensive report aims to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa. This report stands as a beacon for businesses seeking to navigate the evolving realm of digital transformation in South Africa.
By offering personalised experiences and innovative solutions, fintechs can navigate the evolving tech and business landscape, transforming the way money is stored, used, and moved in South Africa. Amid challenging economic headwinds, South African fintechs have the potential to excel by prioritising customer-centric approaches and strategic partnerships, while embracing digitisation and regulatory changes. Andy Jury, CEO of Mukuru shares insights into the fintech trends for 2024, while looking at where we are now.
In recent years, the focus on employee experience in the workplace has surged. By 2022, recognition of its significance peaked. In 2023, leading companies are transforming the role of experience into real action – and creating workspaces that employees enjoy says Tango Matoti, Head of Workplace Strategy and Design at Tétris Design and Build South Africa. “How businesses […]
With a projected annual growth rate of 13.28%, the South African IoT market is set to reach a staggering US$11.32 billion by 2028.
The significance of leadership development cannot be overstated, especially when considering statistics from the World Economic Forum, which anticipates that 50% of all employees will require reskilling by 2025, with leadership being one of the top skills in demand. Furthermore, organisations with leadership development programs are reported to be 86% more capable of responding to adversity.
Despite the continued reports about the tough economic environment facing South African consumers and the fact that disposable income is steadily decreasing, South Africans are still enjoying Black Friday sales.
The accessibility of generative AI tools has lowered the barriers for would-be criminals, while the transition to hybrid work models and geographically dispersed teams has expanded the attack surfaces they can exploit. In this context, the overlap of AI technology and the interests of financial leaders becomes increasingly significant, says Ryan Mer, CEO of eftsure Africa, a Know Your Payee (KYP) platform provider.
The South African fraud landscape is becoming increasingly risky as fraudsters and scammers look to target individuals with highly sophisticated scams in an environment where it is becoming increasingly difficult for lawmakers and authorities to bring these criminals to justice.
Companies are shifting away from viewing success only through a financial lens, by taking on a more progressive, people-centred and purpose-led approach to business. Savina Harrilall, Chief People Officer at Mukuru, shares insight on how to recognise and develop the unique talents of each employee that creates value beyond profits. By embracing diversity, connecting with communities and fostering strong leadership to empower employees, South African businesses are able to make a positive impact.
In recent years, many South African retailers have come to rely on no-code and low-code solutions which ostensibly simplifies the software development process.
South Africa is experiencing a massive surge in internet crime. A shocking 78% of South African organisations were struck by a ransomware attack last year, up from 51% the previous year.
Celebrating the Winners and Encouraging Growth: Insights from the Technology Innovation Agency’s Pitching Competition at the SA Innovation Summit
This case study, with insights from Samuel Diedericks, Head of Finance at Galito’s, focuses on unlocking the power of Data and how Galito’s transformed its business operations and turned its data into a strategic business asset with Insight Consulting and Qlik.
Whether or not South Africa will experience a buyer’s or seller’s market for property in 2024 is challenging to predict, but several factors point towards a potential buyer’s market for some time to come.
With the recent unprecedented changes in climate (with extreme weather events becoming more frequent and intense; the recent flooding in New York city, followed by the devastating storms and floods in the Western Cape) and as the climate continues to change, the infrastructure that we have long depended on is showing signs of strain. On that, it’s now more important than ever for South Africans to be choosing solar energy, being a clean and renewable source, as it not only reduces our dependence on fossil fuels but also ensures that we leave a healthier planet for future generations.
Cornerstone Financial Services Group (CFSG) has named accomplished businessman Bheki Shongwe as its first non-executive Chairman, signalling a new era of growth for the group.