By Francis Mayebe, Candidate Attorney, overseen by Virusha Subban, Partner and Head of Tax, Baker McKenzie Johannesburg Background Bilateral tax treaties are mainly based on the principle of reciprocity. Under this principle, one state negotiates better treaty terms with another in exchange for making a particular concession. As is clearly seen in most protocols, the […]
Category Archives: South Africa News
South Africa News
Carey van Vlaanderen, CEO of ESET South Africa shares critical safety tips when buying or selling on Facebook Marketplace and how to tell if you’re being scammed. Last year, Facebook Marketplace passed one billion global users. With this, it has become a giant in the consumer-to-consumer commerce space, allowing individual Facebook users to buy and sell seamlessly. Online […]
United National Conference on Trade and Development says Africa’s untapped export of $31 billion[1] can be achieved if Africa implements partial tariff liberalisation under the African Continental Free Trade Area (ACFTA) Agreement over the next five years. Currently, trade between African countries comprises 61% of processed and semi-processed goods. Infrastructure and the harmonisation of logistics will make the […]
With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change. Curbon’s unique offering gives shoppers the opportunity to take direct, meaningful climate action with every online purchase. Using data from the world’s leading climate […]
Sentech Africa Tech Week 2022 made its fourth consecutive appearance this year, providing a platform where 5,000 attendees came together – in person and virtually – to learn, be inspired, and meet those in the industry who are making a remarkable impact on solving Africa’s unique challenges. Held at the Cape Town International Convention Centre […]
South Africa News
Using the power of technology to assist in breaking the silence in South Africa’s gender-based violence crisis
In the fourth quarter of 2021, South Africa’s rape figures were up by 13.7%. There were 1300 more rapes compared to the same period in the previous year. 10818 rapes were reported in the first three months of 2022, with 4635 rapes taking place at the victim’s home, or that of the rapist. Attacks on women and […]
AI Expo Africa, the largest business-focused Artificial Intelligence (AI) & Intelligent Automation (IA) trade event in Africa and celebrates its 5th Anniversary Edition on 19-20 September in the Sandton Convention Centre, Johannesburg, South Africa. Uniting 100s of buyers, suppliers, investors, innovators, SMMEs and global tech brands in the region, AI Expo Africa focuses on real-world applications […]
South Africa News, Tech
Hybrid work: How to create a digital transformation strategy that actually works
The working world has changed drastically. Today, survey after survey shows workers want a hybrid work model. But what does the future workplace look like and how can organisations create a digital transformation journey that fits the new paradigm? Marilyn Moodley, Country Leader for South Africa and WECA (West, East, Central Africa) at digital transformation specialist SoftwareONE, says […]
South African taxpayers must realize that the time to regularise their cryptocurrency assets with the South African Revenue Service (SARS) has come, says Diane Seccombe, National Head of Taxation at Mazars. “While tax compliance in the crypto space has been a murky area until now, SARS and the South African Reserve Bank (SARB) have followed […]
Real Estate, South Africa News
Flow Brings Billboard Advertising into the Digital World for Estate Agents
Nowhere in the world has an SMME been able to access major billboards in prominent locations before – but local proptech innovators Flow have handed estate agencies and individual agents the opportunity to mix with major global FMCG brands in the Digital Out of Home (DOOH) space, at a fraction of the cost. Having embarked […]
By Nomvula Nyandeni, Business Development Lead at Pay@ Financial inclusion is a key enabler in reducing extreme poverty in Africa. It provides a step forward for consumers in underserved and unbanked markets across the continent, who previously had little or no access to useful, relevant, and affordable financial products that adequately meet their needs – these […]
By Virusha Subban, Partner and Head of Indirect Tax, Baker McKenzie Johannesburg The World Trade Organisation (WTO) announced in June an agreement to waive the intellectual property rights that usually apply in the manufacturing of vaccines, to assist the production of COVID-19 vaccines in developing countries. The measures were proposed to the WTO by the South African and […]
By Paula Mokwena, CEO & Head of Direct Investments, Fireball Capital South Africa is home to innovative technology companies that have developed solutions that are solving real global challenges. The country is well-established as one of the continent’s “big four” startup ecosystems, and leads the way for exits, with more than one-third of the acquisitions […]
Whether single by choice, or single by circumstance, it is clear that women are not waiting around to start climbing the property ladder. While the prospect of embarking on a home ownership journey with a single income may seem daunting – particularly in light of the recent interest rate spike – it is not an […]
Steve Flynn, Sales and Marketing Director of ESET South Africa, says South African small businesses are particularly vulnerable to cyberattacks. Why? Business owners aren’t taking the necessary precautions to protect their digital assets, often with dire financial consequences. Despite the significant risks, SMEs seem reluctant to take the same digital preventative measures to secure their IT infrastructure […]
By Arjen de Bruin, Managing Director at OIM Consulting Professional services and auditing network Deloitte has listed sliding productivity and spiralling costs as key issues facing the mining sector, dedicating an entire series in its resource centre to unpacking the factors that are driving productivity down while costs go up. While it lists several intrinsic and extrinsic […]
By Clinton Leask, Head of Digital at Pay@ Open banking, a relatively new concept in the field of financial technologies, is fast becoming a major source of innovation that is poised to reshape the banking industry – globally and in Africa. Open Banking is a capability that provides third-party service providers access to consented consumer banking, transaction […]
While record-low interest rate levels over the last two years helped give millions of new buyers a foothold in the South African residential property market, an upward trend in the rate, high annual inflation, record-high unemployment, an economy struggling to get back to pre-pandemic levels and the added strain of load shedding have seen the […]
By Arjen de Bruin, Managing Director at OIM Consulting It was the late Peter Drucker – one of the most revered thinkers on management and leadership – who succinctly said, “Culture eats strategy for breakfast.” Drucker, who maintained that business leaders need to wholeheartedly embrace a spirit of performance, was a strong proponent of the link between […]
Medicine, South Africa News, Startups, Tech
Now in South Africa, the AfyaRekod Universal Patient Portal is empowering patients to take charge of their healthcare
AfyaRekod has launched the fully automated Universal Patient Portal in South Africa and it is ready to change the face of patient care across the country, Africa, and the world. Using block-chain driven technology the Universal Patient Portal is a secure central, mobile platform where patients and the medical professionals treating them have real-time access […]
Johannesburg, 7 July 2022 – With the recent creation of The Travel Corporation (TTC) Tour Brands combined with the success of North America and Oceania, the departure of UK/Europe Managing Director, Donna Jeavons, opened up an opportunity for the world’s leading privately-owned travel company, to look at its UK, Europe, Ireland and South African offices. […]
By Clinton Leask, Head of Digital at Pay@ With 70% of sub-Saharan Africa under the age of 301 and the youngest population in the world, Africa is home to one of the most ambitious, highly motivated and vibrant youth populations in the world. Millennials, the largest living generation of today, together with Gen Z, are set […]