Ventures Platform, the pan-African VC firm championing the next generation of African technology entrepreneurs, has today announced the final close of its early-stage and intercontinental fund, at $46M. Surpassing its initial $40M target, the oversubscribed fund from one of the continent’s most prolific investors sees new participation from global investors with an array of top-tier […]
Category Archives: Business
Business
As digital transformation increases at a dizzying pace, digital supply chain (DSC) management has become a business necessity. Software estates are ever-increasing, contracts and licences are becoming more complicated, and preventing wastage is more challenging than ever. Gartner predicts that in 2024, 60% of enterprises will underestimate cloud infrastructure and platform services consumption rates, leading to […]
By: Nicolene Maree, Senior Copywriter at Flume Technology is constantly evolving and the way we do business has to adapt to keep up. The metaverse has been around since the 1990s but it has only re-entered the lexicon after Facebook changed its name to Meta. Just like social media became an important instrument in marketing, […]
The new event facilitates strategic African trade opportunities With the number of African e-commerce users expected to exceed half a billion over the next three years, there is an increasingly urgent need for sophisticated logistics systems to strengthen and support the continent’s expanding transport infrastructure. The pandemic served as a catalyst for the advancement of […]
By Pitamber Kaushik As the Federal Reserve, the central bank of the United States, continues to hike its lending rates aggressively in order to rein in persistent inflation, the stress exerted by the bulking US Dollar continues to send ripples throughout the world. Being the predominant medium of international exchange, serving as the world’s principal […]
Business
An update on free trade in Africa – the Guided Trade Initiative, regional value chains and measures for sustainable trade
By Virusha Subban, Partner Specialising in Customs and Trade and Head of Tax, Baker McKenzie, Johannesburg The AfCFTA Guided Trade Initiative (GTI) is the latest development designed to boost trade in the Africa’s continent-wide free trade zone. The GTI was launched in October 2022 with the aim of testing meaningful, continuous trade under AfCFTA and […]
South Africa possesses ore reserves amounting to a value of more than US$2.5 trillion, with 16 commodities ranked in the top ten internationally. In such an important and high-value sector of the economy, it’s easy to see why the mining industry is a frequent target for malfeasance of all kinds – from deceptive suppliers to tender fraud. […]
Business, Events
Exhibitions are a key facilitator of trade in Africa and are crucial to the continent’s economic recovery
As a continent, Africa presents significant investment and trade opportunities for global businesses. The borderless markets created by the African Continental Free Trade Area (AfCFTA) are valued at around $3.4 trillion in GDP, providing a unique and valuable platform for businesses to access an integrated market of over 1.3 billion people and in turn boost […]
Being an entrepreneur is no easy feat, but with a clear plan, passion and hard work – a lot is possible. As we enter Entrepreneurship Month, we speak to entrepreneurs from different fields and industries about their success and ask them their key tips on achieving greatness! From Ignite Fitness’ CEO, Schalk Hugo and internationally […]
Business, Science, South Africa News, Tech
Investing in software development skills is a strategic imperative for all sectors
Rather than being concentrated in certain industries, coding is crucial across the economy By Jessica Hawkey, Managing Director of redAcademy The highest unemployment rate in the world, where almost three in five youth are unemployed, and a crippling skills shortage – especially in the technology industry – exist side by side in South Africa creating […]
Business, South Africa News
Pre-employment background checks – essential in verifying job candidates are who they claim to be
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 […]
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 […]
The scrapping of South Africa’s final lockdown restrictions has opened the door wide for the meetings, incentives, conference and event (MICE) sector to get back to business, and South Africa is following global trends with both outbound and inbound business events seeing a strong rebound as companies look to network, share knowledge and incentivise their […]
Both www.JobNetAfrica.com and CoolFreeCV.com are great websites that offer a lot of valuable information for job seekers. They both provide helpful tips and resources, and they offer a variety of services that can be very helpful in the job search process. Overall, these two websites are both great options for anyone looking for a new […]
By Kylie Slambert, Associate and Ethan Chetty, Candidate Attorney, Dispute Resolution, overseen by Darryl Bernstein, Partner and Head of the Dispute Resolution Practice, Baker McKenzie Johannesburg The International Centre for the Settlement for Investment Disputes (ICSID) has, since 1966, been recognized widely as the leading institution for alternative dispute resolution in disputes between states and […]
What Tools Do Companies Use to Provide Website Development Services? Every company aspires to be known around the world thanks to the power of the internet, and websites are the medium that allows for this expansion. Therefore, the first prerequisite for company growth is website development and design. You may select colors with the aid […]
By Ciaran McKivergan, CEO and founding partner at 8909 We live in a data-driven world, with more information – and therefore more insights – available than at any point in human history. So why aren’t we using that data to create better… everything? Nothing is more powerful in advertising than an epic idea – but […]
The gold trade is one of the most popular trades in the world. Every day, trillions of dollars worth of gold are traded on the global market. The price of gold is determined by supply and demand, as well as by geopolitical events. Gold is often seen as a safe haven investment. When there is […]
The African business landscape is undergoing a transformational shift, with more businesses and startups in Africa than ever before. According to the latest research, there are now over 2,000 businesses and startups in Africa that have received investment from venture capitalists. This is a significant increase from just a few years ago, when there were […]
By Eugene Nizeyimana, Founder and CEO of African Business Chamber Of a variety of ways to develop an economy, sports and tourism are major contributors to social and economic development in most countries. There are many types of tourism opportunities that countries invest in, to propel and initiate development strategies. One such tourism type is […]
With the workplace constantly changing, and with almost every facet of industry and business having experienced rapid shifts in the last three years, the need for specific skillsets has changed accordingly. Soft skills are on the rise as a contributing factor for success in today’s post-pandemic world, because they lubricate change, amplify agility and strengthen […]
UFI, the Global Association of the Exhibition Industry, in partnership with GL Events South Africa, and in collaboration with the African Association of Exhibition Organisers (AAXO) will be organising the Africa Exhibition Industry Outlook on 13 September 2022. Africa, today, accounts for around 17% of the world’s population. The world’s youngest and fastest-urbanising continent, Africa […]