MaxAB, an e-commerce and distribution platform for food and grocery items, has announced the close of a $40 million pre-series B equity round to finance its expansion into the Middle East, North Africa and Pakistan region. New investors in this round include Silver Lake, British International Investment and DisruptAD, along with existing investors Beco Capital, […]
Author Archives: Africa Business
Cybersecurity is possibly even more important than locks, vaults and walls in protecting the modern business. This is according to members of the Institute of Information Technology Practitioners South Africa (IITPSA) Cybersecurity Special Interest Group (SIGCyber). In a statement marking international Cybersecurity Awareness Month, which is held every October, the IITPSA SIGCyber members noted that […]
Background checks reduce a company’s risk for reputational damage and criminal activities such as fraud and theft. They can also verify information on an applicant’s resume and assist HR professionals in determining whether an individual is the right fit for the job description says Sameer Kumandan, Managing Director of SearchWorks, South Africa’s largest and most innovative […]
Ever think that a series shot in Korean and overlaid with questionable dubbing – with no famous actors to speak off – would achieve global cult status and go on to become one of Netflix’s most-watched shows ever? Well, that is exactly what happened in the case of Squid Games, Netflix’s 2021 series about a fatal contest centred around […]
Linda Mabhena-Olagunju, founder and CEO of DLO Energy Resources Group whose company owns the largest wind farm in South Africa has been ranked 7th out of 100 in the prestigious Choiseul 100 Africa listing making her the only South African on the list and 1 of 4 women included in this ranking. It is also […]
A new report published today by Fairtrade International has confirmed that access to better prices, credit, and financial stability significantly increased the resilience of Fairtrade-certified organizations amid the COVID-19 pandemic, enabling them to better withstand the global crisis and reduce its impact on their farmer members and workers. The study, titled Fairtrade certification and producer resilience […]
As South Africa’s entrepreneurial spirit blossoms, digital security is more important than ever, warns Steve Flynn, Sales and Marketing Director at ESET Southern Africa. The pandemic fundamentally changed the working world forever. Not only are more employees working remotely, but more people are starting their own businesses – often from home. There has been a significant […]
The most recent crime statistics released in South Africa tell a horrific story – particularly for women and children. 392 children in South Africa were killed in just 90 days last year, with another 394 surviving attempted murder. 2 048 additional children were victims of physical assault in the same period. With police services overwhelmed […]
Jacques Du Bruyn, Managing Director, Flume In South Africa, 94% of online information searches are made via Google, meaning that the data gleaned by the platform is an incredibly accurate measure of what South Africans are searching for – as well as when and possibly why. That information can be accessed via Google Trends, and […]
By Thabiso Serake: Information Security Officer at Pay@ October is Cyber Security Awareness month and is observed globally to help individuals protect themselves online as threats to technology and confidential data become more common. Former South African finance minister Tito Mboweni recently made headlines when his bank account was hacked, and a large sum of money was […]