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.
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 […]
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 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.
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.
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 […]
The recently held BRICS Summit caused waves in the West when Chinese President Xi Jinping encouraged Summit participants to increase trade in their own currencies and to move away from the US Dollar. The USA downplayed this as a non-event. However, with no first-hand knowledge of the political will within the BRICS block, this stance […]
We live in a world surrounded by smart devices – from our pockets to our driveways and living rooms. These advancements offer convenience, and in many cases, extra security. But when gadgets are fitted with computing power and internet connectivity, they also become a target for remote hackers, says Carey van Vlaanderen, CEO of ESET South Africa. Smart […]
The Summit, collocated with the Connected Banking summit Innovation and Excellence Awards, will host leaders and experts from across the region representing Banks, Insurance Companies, FinTechs and TechFins, Digital and NeoBanks, Non-Banking Financial Organizations, Cooperatives, Investments Funds, Asset Management Companies to discuss and deliberate on how integrated solutions are shaping the future of banking.