Category Archives: South Africa News

South Africa News

Inner cities are growth engines attracting young homebuyers

Inner city living is boosting the city residential property market and driving urban rejuvenation Inner cities. Love them or hate them, they play a crucial role in stimulating, supporting and enhancing a country’s economic growth. They are hubs for productivity, and due to the scale, diversity and density of activity, ideas and information flow freely, […]

To create a world class supply chain, the SA logistics industry needs better, faster KYC

Estimates suggest the logistics industry contributes around 10 to 12 percent towards South Africa’s GDP. But in order for the country to command a larger market share for its products on the global stage, supply chains need to be world class to ensure efficient delivery of goods. One way to increase efficiencies is by implementing KYC […]

New report unpacks principles necessary for gig work readiness in South Africa

Data released by Statistics South Africa in Q4 of 2021 showed that 45% of young people aged–34 years were not in employment, education or training. This means more than four in every 10 young males and females were unemployed and not receiving skills training. In 2022, predictions for the South African youth unemployment rate are […]

Smart minds look to smart solutions at Africa’s only dedicated Smart Cities Summit

Big industry players join forces to tackle urban decarbonization challenge   The world’s population is on a fast-track from rural to city living. With around 55% already residing in urban areas, this figure is expected to rise to 70% by mid-century. Cities may be the engines of growth and account for more than 80% of global […]

Northern Cape set to benefit as the ‘New Oil’, Copper, is set for steady climb as world economy pilots to green

Big Tree Copper chief executive Jan Nelson

Cape Town: Big Tree Copper chief executive Jan Nelson expects a steady climb in demand for the red metal over the next three decades. This, as the world has turned its full attention to sustainable energy and a greener economy.   It is likely the beginning of a super cycle. Investment bankers Goldman-Sachs already called copper […]

Putting the brakes on payment fraud at SA’s car dealerships

While every business, irrespective of size, is vulnerable to payment fraud worrying gaps in South African motor dealerships’ payment systems put the entire sector at risk. Ryan Mer, CEO at eftsure Africa,  a Know Your Payee™ (KYP) platform provider, says the most common thread in cases of fraud is the human element which can involve sophisticated […]

Diagnosing the mining death toll: The link between workplace culture and safety

At the end of 2021, it was reported that mine deaths in South Africa had risen for a second consecutive year, increasing by almost 44% from 2020. The sector, which employs more than 450,000 people, had experienced a promising decline in fatalities since 2007 (where its annual figures resided at the 200-person fatality mark) up […]

The Travel Corporation releases its first Impact Report with leading-edge sustainability initiatives (globally, and in SA & Africa)

Creating positive change through climate action, food waste reduction, supporting developing destinations, animal welfare and additional projects Trattoria Terra Madre, featured on select Insight Vacations’ Italian itineraries, is a farm-to-table experience in Alberobello, Italy, advancing sustainable food production. Insight Vacations offers a MAKE TRAVEL MATTER® Experience on 94% of itineraries. The Travel Corporation (TTC), one […]

What keeps SA’s top CIOs awake at night post-Covid

South Africa’s top professional CIOs are grappling with enabling new work models and ensuring the wellness of their teams in the post-Covid environment. This emerged during the first IITPSA Pr.CIO® round table – a forum for professional CIOs who hold the Pr.CIO® designation. The CIOs from leading enterprises said rolling out and managing IT infrastructure to enable […]

Construction industry can provide a solid foundation for SA’s unemployed youth

Leading trade show hosts 25 free workshops to drive job creation For years, South Africa’s public and private sectors have talked about transformation as the key to unlocking economic growth and job creation. Yet in Q4 of 2021, national unemployment rose to 35.4%, with youth unemployment remaining at a dangerously high level of 66.5%[1]. Aubrey […]

Using powerful data to shut the door on SA’s biggest property scams

Fraud in the property sector has become alarmingly common in recent years. With substantial sums of money on the line, increasingly sophisticated scams have made easy targets of buyers and sellers, as well as various property practitioners like estate agents and conveyancers. But the tide is starting to turn as up-to-the-minute credible data makes it […]

People-first approach needed in AI era

 Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute […]

People-first approach needed in AI era

Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute of […]

Counting the real cost of cash in South Africa

Cash is still king in South Africa. But according to Anton van der Merwe, COO of leading pan-African fintech enablement partner, Ukheshe Technologies,  its long reign is increasingly under threat as businesses and consumers begin counting the real, hidden costs behind cash transactions. Whether its via cash, credit card, QR, crypto, or a smartphone wallet, financial transactions […]

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]

City of Cape Town initiates support to growing ScreenTech sector

From laptops, televisions and navigation devices to cell phones, video games and smartwatches – screens of all shapes and sizes are fast becoming the preferred medium for people all over the world to acquire news, information, and knowledge; to entertain themselves; be productive; and connect. And as the tech capital of Africa, Cape Town is […]

South Africans invited to partner on sustainable plastic packaging solutions for online retail

Cheap, mouldable, and corrosion resistant; these qualities have made plastic a dependable packaging staple for the manufacture of consumer goods sold online. But in South Africa – where the total cost of plastic waste pollution exceeds R885 billion annually[1] – the search is on for new and innovative approaches to minimising how the material is used […]

The ergonomics of working from home: tips from the experts

One of the remnants from worldwide lockdowns is the switch to working from home or a hybrid of onsite and offsite working. If you’re still working in a makeshift space in your house – slouched on the couch, hunched over a laptop or commandeering your dining room table – you may be feeling the effects […]

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]

Tailored Payment Solutions Unlock Growth for Unserved Segments in South Africa

By Barry Williams, Sales & Marketing Head and Clinton Leask, Business Development Lead at Pay@ In 2017, only 35 percent of the African population had access to banking services and this figure was projected to increase to 48 percent in 2022.1 The South African National Payments System (NPS) is regarded as world-class,2 as the banked population rose from […]

Startups can drive economic development in South Africa, but these are the tools they need

Adbot is empowering Pre-Seed and Seed startups to access new markets South Africa’s economy is driven by small businesses, which are expected to have created around 90% of all new jobs by 2030[1]. Many of these jobs are likely to be created by start-ups, new businesses that scale quickly and add significant economic value. But […]

How innovation in technology is outsmarting crime in South Africa

Warren Myers - AURA

Crime is growing more sophisticated – so too are the solutions to combat it In the current climate of hijackings, robberies and unlawful syndicates, it is hard to imagine a world where crime is drastically reduced, or even wiped out completely. However, according to Warren Myers, CEO of South Africa’s on-demand security and medical response […]