Scan to Pay, powered by Ukheshe, is the largest QR ecosystem in South Africa and is used by more than 600,000 vendors, 14 banks and fintech companies and 94 payment service providers. Now, this new partnership will seamlessly introduce more crypto payment options to mainstream South Africa through the Scan to Pay app.
While Africa has long been celebrated for its natural beauty and cultural diversity, it’s now becoming a hotbed for international conferences, conventions and corporate gatherings. The statistics are compelling – a staggering 78.2% increase in tourism arrivals to South Africa in the first half of 2023 compared to the previous year, with business spending constituting 43% of the overall tourism contributions. Beyond economic statistics, this trend has far-reaching effects. It stimulates job creation, empowers local communities, and bolsters various sectors, from hospitality to transportation. In the article, Devi Paulsen-Abbott, Chairperson of the Association of African Exhibition Organisers, lists the key drivers behind this growth.
Concerned merchants increase fraud budgets and grow fraud teams Increased automation is crucial and will ultimately help merchants save more and improve efficiency New solutions are desperately needed as businesses struggle to address spiralling fraud Most still using expensive and unsustainable in-house solutions Merchants will lose more than £39 million to fraud in 2023 Businesses […]
The Forex market is acknowledged as a global and decentralized marketplace where you can buy as well as sell currencies. A participant involved in the Forex market ranges from individual retail traders and central banks to financial institutions. This market works 24 hours and five days per week. However, trading activities reach their peak at the time of overlapping hours in some significant financial centers like Tokyo, London, and New York.
This month, Vestergaard marks the manufacturing of its one billionth PermaNet® long-lasting insecticidal nets (LLINs) and will convene two high-level meetings at the UNHQ around the United Nations General Assembly.
The following article sheds light on the critical role that early-stage VC plays in unlocking South Africa’s socio-economic potential. It discusses the challenges, opportunities, and promising changes in the South African startup landscape. As the 2023 South African Innovation Summit approaches, this topic takes center stage, making it a timely and relevant discussion for your readers.
South Africa, as Africa’s third-largest and most diversified economy, holds tremendous potential for economic growth and social development. However, to fully harness this potential, we must address critical challenges such as power shortages and unemployment. The article discusses how a thriving startup ecosystem, as advocated by the South African Startup Act, can accelerate socio-economic development, competitiveness, and economic transformation.
In the bustling metropolis of Dubai, where luxury and extravagance are a way of life, the demand for skilled and courteous professionals in the hospitality industry is perennially high.
There’s no doubt that the South African property sector, like most industries, is currently facing some challenges. One major bank saw credit impairments rise 57% in the first half of 2023 – a result of the impact of higher interest rates, higher levels of inflation and record levels of load shedding. Another bank said its total net […]
To mitigate business risks, entrepreneurs need to consider contingent liability policies, safeguarding their personal assets and business stability in case of unforeseen circumstances like disability or death.
In this piece, Wayne Toms discusses how CCM has evolved to meet changing customer expectations, emphasising the need for digital transformation. He highlights a case study showcasing the power of CCM done effectively.
The pan-African Investing in Innovation (i3 program) is funded by Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharp & Dohme (MSD), Microsoft and Chemonics to invest in Africa’s most promising early to growth-stage start-ups in health care supply chains. The second cohort comprises 29 startups chosen from 10 African countries. […]
Modernizing customer communication is essential for enhancing customer experience. Businesses must invest in a digital platform that allows for fast, personalized, and well-designed communication, while also enabling flexibility and making course corrections without extensive coding or disruption to workflow.
The recent GSMA 2023 State of the Industry Report on Mobile Money highlights how mobile money has become a mainstream financial tool in many African countries.
Business
Business can unlock growth opportunities through enhanced data insights, advanced analytics and innovation – Experian Innovation Summit
Experian South Africa hosted its annual flagship conference on Thursday 14 September, bringing together industry guests and subject matter experts under one roof to share insights and trends that continue to shape the evolution of business and consumer behaviour.
While financial inclusion is growing in importance worldwide there is still a discrepancy between male and female financial inclusion – the so-called gender financial inclusion gap.
The workforce has been transformed by increased 4IR technologies and will continue to do so for the future, which means we need to prepare people with the right skills development and education to seize the opportunities it presents says Rebatho Madiba, Business Development Digital Platform Solutions at BCX.
Africa Travel, South Africa News
Club Med Tinley – first Club Med resort in South Africa, representing an investment of over R2 billion
The hospitality landscape in South Africa is about to be redefined with the upcoming launch of Club Med Tinley, the first Club Med resort in the country, with a distinctive combination of beach and safari experiences.
Given the diversity of the market — with varying levels of digital maturity, lifestyle and income — it’s important to understand the evolving needs and key purchase drivers of diverse consumer segments as one size doesn’t fit all.
Businesses today are moving en masse to the cloud. However, before undertaking such a move, companies should understand the many hurdles they face, and how to overcome these, says Benjamin Coetzer, Director at local VMware Cloud Verified provider and VMware Principal Partner, Routed.
The Africa Money and DeFi Summit has announced nine ventures selected to showcase their cutting-edge Web3, Blockchain, Fintech, and Decentralised Finance (DeFi) businesses to investors and industry leaders, live on stage, in Accra, Ghana on October 3rd and 4th.
By: Hahangwi Liphadzi, Incubation Manager at Tshimologong Local tech startups are playing an increasingly important role in driving economic growth in South Africa. These startups are developing innovative solutions to address some of the country’s most pressing challenges, such as unemployment, poverty, and inequality. One way that tech startups are contributing to economic growth is […]
IFZA: International Free Zone Authority: Overview The International Free Zone Authority (IFZA), initially founded in Fujairah, is now migrated in Dubai Silicon Oasis area. When considering starting a business in Dubai, exploring IFZA and similar zones within the emirate is advisable. IFZA stands out as a highly competitive free zone for establishing Business and Dubai […]