Category Archives: Business

Business

Creating inclusive workplaces to boost mental health

Zama Zaca, Head of New Business at Tetris South Africa, shares some design tips on how to make workspaces more inclusive and improve employee mental wellness of employees. Mental health has been in the spotlight recently, with people under strain from the ongoing COVID-19 crisis and top athletes opening up about their mental health struggles […]

DPI raises one of the largest Africa funds at US$900m to invest in innovation-led companies

Development Partners International (DPI), a premier investment firm focused on Africa, announced on 4th October that African Development Partners III Fund (ADP III), has exceeded its US$800 million target, and is set to hold a final close at US$900 million, with an additional US$250m of dedicated co-investment capital. This brings a total of US$1.15 billion […]

The Future of In-Ear Advertising. Has digital killed the radio star?

Did you know that the first radio commercial aired in the USA on 28 August 1922? Now, close to 100 years later, brands are still reaching audiences via this medium.  Digital audio has disrupted the space with a richer, immersive experience. Carla Harrison, Spotify Sales Manager at Ad Dynamo – Africa’s leading media sales house (and Spotify’s […]

PLATFORM BANKING AND OPEN BANKING: why it’s the next big thing for banks and their customers

Incumbent banks are starting to look to “platform banking” to stay relevant and loved by customers. But what is platform banking in the first place? And why is it a good thing for society? Anthony de Gray Birch, co-founder and Chief Operating Officer (COO) of Direct Transact, South Africa’s biggest banking enabler of the past […]

Redefining digital transformation for the modern work environment

Kriya Govender, CEO of PRP Solutions “Digital transformation” has been a hot topic for company executives for a while, but it failed to gain traction in their businesses.  However, since the onset of the COVID-19 pandemic last year, momentum has shifted with those still undecided about digital transformation and forced many organizations to accelerate their […]

Ceres invests in a sustainable future by contributing to plastic waste reduction efforts

Johannesburg – Today, Ceres Fruit Juices announced the introduction of an initiative aimed at reducing plastic waste and has invited Craig Foster, award winning producer of the documentary: My Octopus Teacher, to participate in a roundtable highlighting the impact of plastic waste on the marine environment. Plastic waste management is a growing concern across the globe, […]

Key Steps To A Growth Strategy That Works

As an ambitious and growth-oriented entrepreneur, you don’t want an average business. You want constant growth that takes your business to the next level. This involves using strategies that support expansion in your operations, boosts business productivity and improves your competitiveness in the industry.  The problem arises if you feel like your business is not […]

54gene Closes $25M Series B to Advance Global Drug Discovery Capabilities

Cathay Africinvest Innovation leads round as company expands precision medicine capabilities across the African continent 54gene, the health technology company advancing African genomics research for improved global health outcomes, has secured $25M in a Series B round, led by Cathay AfricInvest Innovation Fund. The round also included participation from Adjuvant Capital, KdT Ventures, Plexo Capital, […]

Collaborating for the benefit of employee mental health

Sir Ian Cheshire Chair, The Global Business Collaboration for Better Workplace Mental Health Before the Covid 19 pandemic hit, mental health was already an issue on the rise around the world, with an estimated 13% of the global population, just short of 1 billion people suffering from some kind of mental illness. In South Africa, according to statistics […]

Generational Marketing: How to ensure your brand lands with the right audience

Did you know that, contrary to what one might think, older age groups are the fastest-growing segments of many social media platforms’ audiences[1]? Facebook, for example, saw users above the age of 65 increase by roughly 25% over the past year[2], while those aged 50 plus represent Snapchat’s fastest-growing audience segment[3]. “When brands decide that […]

Four steps to fixing cash flow and help SMEs survive

We are all familiar with the saying in business that “cash is king” and, if that’s the case, then cash flow is the lifeblood of any business.  For small or mid-size businesses, cash flow is a critical component of success. Profits are meaningless without it. The harsh reality is that SMEs who don’t exercise good cash flow […]

PRP Solutions Improves Decision-Making with Digital People Management Solutions

Modern business practices in a hybrid work from home and work from office environment needs a flexible work environment that boosts productivity and increases operational efficiency PRP Solutions, people management and workplace cloud solutions specialists, announced it is providing organisations with a more systemic and centralised solution suite able to show accurate, real-time data to […]

Entrepreneurs need to better understand risk and fail better by failing fast and forward

Are entrepreneurs risk takers at heart or calculated visionaries?  According to serial entrepreneur and Ukheshe Technologies CEO, Clayton Hayward, many entrepreneurs don’t truly understand the nature of risk, which has a direct impact on the success of their business idea. He says that to be a successful entrepreneur you need to be willing to take […]

Massive increase in M&A deal value in Sub-Saharan Africa in the first half of 2021

There were 333 M&A deals announced in sub-Saharan Africa (SSA) in the first six months of 2021 (H1 2021), valued at USD 57.7 billion, according to Baker McKenzie’s analysis of Refinitiv data. When compared to the same period last year (H1 2020) this amounted to a 14% increase in deal volume and an astounding 576% […]

The Future of Facebook: Will the oldest surviving social media platform remain relevant?

Founded in 2004 by Mark Zuckerberg, Facebook is today the oldest surviving social media platform. But with more and more platforms entering the market, will it go the way of MySpace and MxIt? Kyle Oosthuizen, Chief Operating Officer at Blue Robot, the leading provider of socially powered messaging solutions, doesn’t believe it will. “Because of Facebook’s development […]

G4S: Security beyond just access control in Mining and heavy industry

Mining is a hazardous occupation with elevated risks of injury, and the emphasis placed on health and safety has never been greater. G4S has a proud history of providing security at some of the world’s biggest mines. Our mining security solution has evolved over many years, from access control to a far more holistic approach. […]

SITA acquires Safety Line to support sustainable aviation

SITA takes the lead in deploying predictive data analytics for co-innovating with customer airlines and airports to reduce CO2 emissions and improve fuel savings. SITA, the global IT provider for the air transport industry, recently announced the acquisition of Safety Line S.A.S., the Paris based start-up specializing in digital solutions for aviation safety and efficiency. This acquisition […]

Africa as an important participant in the global economy

FDI, also known as foreign direct investment, has been virtually solely concentrated in Africa on the exploitation and export of natural resources for over a century. However, the momentum has changed after the turn of the 2000 and the tendency has finally changed in recent years. Global investors are more likely to visit Africa for […]

Deal value increases in South Africa and Nigeria in the first half of this year

Baker McKenzie’s latest analysis of Refinitiv data shows that the value of mergers and acquisitions (M&A) in the first half 2021 (H1 2021) soared in South Africa, and that deal value also increased in Nigeria in the first six months of 2021, but Kenya experienced a slight decrease in both deal value and volume in […]

Good customer retention tactics translate to brand loyalty and profitability for SMEs

There is a good reason why the saying goes “first impressions last” and this is particularly important for small businesses. Once they’ve connected with a new customer, businesses should focus on offering high-quality delivery over the long-term. It begins with a client’s first interaction with businesses or brands and continues throughout the lifetime of the […]

Reasons for getting LEI number

Following the Global Financial Crisis, the Legal Entity Identifier (LEI) code was created as a vital measure to improve the quality and accuracy of financial data systems to improve risk management in financial transactions. This is now a mandatory code that an entity needs to have in order to conduct business globally. Not having one […]