Non-fungible tokens – or NFTs – could help South African creatives better control the rights to their intellectual property, give them access to a broader market and improve their earnings. This is according to John Singh, non-executive director of the Institute of Information Technology Professionals South Africa (IITPSA) and chair of the IITPSA Blockchain Special […]
Category Archives: South Africa News
South Africa News
By Arjen de Bruin, Managing Director at OIM Consulting We’ve heard rumblings about the world being on the precipice of a post-pandemic ‘roaring 20s’. And — at least in the case of the mining sector — there are certainly signs that point to this. For commodities, in particular, the boom is very much, well, booming. […]
Ryan Silberman, Group CEO at Webfluential and YPO Africa member examines what is driving SA’s wave of Covid-catalysed resignations – and how businesses need to adapt The Great Resignation, a term coined by psychologist Anthony Klotz, is a post-pandemic movement that saw a wave of resignations take hold across the United States (US) and other parts […]
Baker McKenzie’s Africa-focused Banking & Finance team advised on one of Global Trade Review’s (GTR) Best Deals 2022 . The team advised Aspen Pharmacare Holdings Limited and certain of its subsidiaries (Aspen Group) on this winning deal, which comprised a joint financing package for the amount of €600 million (around ZAR 10 billion) that was finalised by the […]
The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily. And just in case the obvious waste of money and energy that bad […]
South African proptech leader Flow has won the Best Late-Stage Startup award at the 2022 AfricArena Summit, held in Johannesburg last week. The summit was a side event to the South African President Investment Conference and supported by the Technology Innovation Agency and VC firm Edge Growth. Over 140 in-person attendees and more than 1 […]
Ekurhuleni Municipality has approved the connection of a large solar PV plant and battery system, marking a landmark moment in renewable energy projects in South Africa. The PV and lithium-ion battery system will form one of South Africa’s largest microgrids: a 1.8 MW solar PV facility alongside a 2.9 MWh battery, whilst being grid-connected […]
Technology industry veteran and Group President of Flooid – a leading unified commerce platform for the retail and hospitality sectors – joins Omnisient’s Advisory Board to support and accelerate international expansion plans. Omnisient, Africa’s privacy compliant data collaboration platform, welcomes Tony Houldsworth as member of its Advisory Board. Tony has consistently been at the forefront […]
Business, South Africa News
Carry1st drives growth in Africa’s gaming industry, supported by AppsFlyer
Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlight successes that have shaped its growth in the gaming sector. Since the launch of SpongeBob: Krusty Cook-Off in October 2021, the game has managed to acquire more than 2 million users, ranking in the Top 5 most downloaded […]
By Jaco Frederik Möller, Solutions and DIMS Product Manager, Canon South Africa From Hello Fresh to the Spotify, subscription services are now so commonplace they’ve almost become the norm. Subscriptions started life in the media world, with newspaper and magazine subscriptions dating back centuries. But in the last ten years, the subscription business model has […]
By Gareth Price, Founder of Cloudworx and Investmint; 5 time Ironman finisher 10 years ago, I started a business. Or so I thought. What I did was I went to the shop and spent R4 000 on a printer and printed a few letterheads and business cards. And I declared myself self-employed. I was armed […]
On 17 March, ITWeb reported that credit bureau, TransUnion South Africa, is currently in an ongoing battle with a hacker group that is demanding a $15 million (R223 million) ransom over four terabytes of compromised data. The hacker group, going by the name N4aughtysecTU, which claims to hail from Brazil, is alleging it breached TransUnion […]
In the space of a single year, targeted social media advertising has helped South Africa’s estate agents notch up hundreds of millions of Rands in residential sales – with numbers set to increase tenfold in the next few years. This social media boom has changed the way the South African property industry finds leads and […]
By: Amber Sambo, Social Media Manager and Content Creator at Decusatio As the climate-change discussion peaks and people gain more knowledge, there is increasing pressure on employers to not only protect the planet but to also ensure that the health and wellness needs of their workforces are met by providing environmentally healthy workspaces for them. […]
Investing in property is one of the biggest financial decisions a person is likely to make. New and increasingly sophisticated scams and incidence of fraud are on the rise and affect developers, buyers, sellers, estate agents, conveyancing attorneys, and other property professionals. “As property transactions typically involve substantial sums of money, they are a natural […]
By Prenisha Martin, Advanced Associate, Tax Practice, Baker McKenzie Johannesburg The amended Automotive Production Development Programme (APDP) regulations, legislated in Schedule No.3 of the Customs and Excise Act, were released by the South African Revenue Service (SARS) just over a year ago, on 5 February 2021. The APDP is essentially South Africa’s long-term masterplan to […]
South African’s can say thank you to the Minister of Finance for providing some tax relief during his maiden Budget speech that will put money back into their pockets – something that bodes well for economic activity and the bill payments sector. In the 2022 Budget Speech, delivered by Finance Minister Enoch Godongwana on Wednesday, […]
In many African nations, homeschooling is becoming a popular choice for both nationals and ex-pats. It guarantees the quality of education and allows parents to guide the curriculum. If you’re considering homeschooling your children, be sure to keep these tips in mind. Find Out the Rules for Homeschooling in Your Country While homeschooling is legal […]
Did you know the French Lotto draw happens three times a week? That’s one more than most major lotteries around the world and yet another opportunity in a seven-day period to win big. It happens on Mondays, Wednesdays and Saturdays, giving those who enter a chance to triumph at the start, in the middle and […]
Aerospace and Technology Company Awarded 2022 Top Employers Institute Accolade For Setting Exemplary Standards In People Practices Johannesburg, South Africa, February 15th, 2022 – The Top Employers Institute has announced its Top Employers around the world in 2022 and for the third consecutive year, the global aerospace and technology company, Paramount Group, has been recognised as […]
AURA, South Africa’s leading security and medical response marketplace has released its inaugural Crime Trend Report, providing new and unique insight into South Africa’s crime stats in key categories from armed robberies to attempted hijackings and gender-based violence. The report gathered data over the past year from AURA’s nationwide network of over 250 private security […]
Abu Dhabi. United Arab Emirates. 25 January 2022 – Paramount Group, the global aerospace and technology company, announced today that it has appointed Steve Griessel as its Group Chief Executive Officer. South African-born Griessel, a global business executive who served as CEO of several companies in South Africa and the United States, including two public companies, brings more […]