Africa’s leading commodities player, AFEX, has launched Africa Exchange, a digital platform for trading commodities.
Fintech, Ghana News
9th Edition Connected Banking Summit – West Africa Innovation & Excellences Awards 2024
Accra, Ghana Get ready to mark your calendars as the 9th Edition of the Connected Banking Summit- West Africa is set to take Accra, Ghana on February 21st, 2024.
In an era defined by information and innovation, businesses all understand the importance and value of data. However, the true potential lies not just in its collection, but in leveraging it as a strategic asset. Lee Wearne, Data Strategist at Insight Consulting, unravels the key to unlocking your organisation’s data maturity in his article. Lee emphasises the critical role of people, along with processes, and technology in leveraging data as a strategic asset.
The Nairobi Declaration has emerged as Africa’s most powerful statement against climate change.
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.
Business
Beyond Transactions: How cutting-edge CCM platforms are reshaping customer experiences for banks and insurers
Take a moment and reflect on how your interactions with banks and insurance companies have changed over the past few years.
Xion Global uses technology from Giesecke+Devrient (G+D) for an innovative holistic financial solution.
Mergers & Acquisitions (M&A) has long been a vital part of the global financial ecosystem, with the first deal dating back to the 1870s. Until recently Africa hasn’t developed enough companies of scale for successful M&A to drive highly profitable exits, with M&A on the continent accounting for only 2% of global deal value.
Overall, establishing a business in a free zone might seem pricier at first compared to a mainland setup, given the extra charges levied by free zone authorities, including license fees, visa fees, and registration fees. Nevertheless, free zones frequently provide inducements like tax exemptions, discounted office space, and additional benefits that could potentially balance out these initial costs over the long term.
Business, South Africa News
Analyze Consulting Secures 50% Stake in LeadMe to Enhance Leadership Development
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.
Fintech, South Africa News
Understanding generative AI and its impact on payment fraud in South Africa
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.
This article explores the significance of the Waqf principle in engaging the next generation within family-owned businesses especially in Kenya and across the region and how this principle can address other challenges facing these businesses.
Bertus Engelbrecht, Senior Manager: Information Security at BCX, talks about the cybersecurity threat landscape in 2023 and how the rise of artificial intelligence, automation and intelligent threat actors is putting intense pressure on the organisation.
What’s the secret to building a successful African bank and how will this bank lead Africa into an accelerated economic recovery? Jaco Viljoen (Group CEO) of First Capital Bank has some tips.
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.
Energy, Nigeria News
“Decarbonising Nigeria is feasible with current power technologies – and will not cost more”: Wale Yusuff, Managing Director, Wärtsilä Nigeria
Meeting last week in Abuja and Lagos for the 2023 Energy Transition Forum, Nigeria’s leading energy experts have outlined the country’s roadmap to decarbonisation, and discussed what it will take to deliver universal access to clean energy for Nigerian households and businesses.
Nigerian startups continue to enhance their reputation as some of the most innovative and dynamic players in the continent’s startup ecosystem, after the region walked away with three top awards at the Global Startup Awards (GSA) Africa Summit recently held in Addis Ababa.
As technological advancements and market dynamics continue to evolve, staying ahead of the curve is no easy feat. For Senzo Mbhele, Managing Director at Tarsus On Demand, the vision for the future is rooted in the belief that a successful business should be built ‘for the people, by the people’.
The analysis is based on the proportion of night shift workers in each industry who will benefit most from enhanced productivity and an extra hour’s pay.
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.
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