By 2030, total installed PV capacity in South Africa is expected to reach 8,400 MW. However, if we want sustainable growth, we need to ensure that we develop and implement quality infrastructure for solar PV systems. “Embedding a culture of quality is vital if we want to unlock the huge economic potential of solar technologies”, […]
Category Archives: South Africa News
South Africa News
Faster economic growth requires determined implementation of policy reforms to promote confidence, investment, competitiveness, entrepreneurship and job creationi. This is according to the recently delivered Medium Term Budget Policy Statement. With this in mind, Matsi Modise, Chairperson of the South African Startup Act Steering Committee and Vice-Chairperson of SiMODiSA, together with Steering Committee members Tanya van […]
Last year saw the UK government call on all businesses to sign up to the globally recognised UN Race to Zero Climate Commitment, by pledging to go One Step Greener during COP26. With 45% of global greenhouse gas emissions coming from the way we make and use products and food, local business needs to start […]
According to a recent study by the Council for Scientific and Industrial Research (CSIR), transitioning to a more circular economy can create value across all sectors of the economy. The circular economy promotes sustainability, and the sector consists of businesses that focus on eliminating waste, leading to improved efficiency and greater profit margins. Sixty-five entrepreneurs will […]
The first half of 2021 saw the return, albeit slow, of employees to offices and the realisation for many that they craved interaction with their colleagues, to collaborate with, bounce ideas off or simply talk to. The surge of the COVID-19 Omicron variant towards the end of the year, however, resulted in many companies delaying […]
South Africa has been ranked as the 13th biggest carbon dioxide emitter in the world[1]. For the country to help bring global energy-related carbon dioxide emissions to net zero by 2050, it will need to cut its emissions by approximately 60% to 75%[2]. Not only will this benefit the planet, but the people of South […]
The bi-annual Global Retail Development Index (GRDI), which is a study of the global retailing landscape has revealed Africa is poised to move away from traditional retail models and become the fastest-growing, richest, and most sophisticated market in the world. Prashaen Reddy, a partner at management consulting firm Kearney says that this is thanks to the […]
Clay bricks are created using the same formula that has been used to build many famous structures. They are a long-lasting, visually beautiful construction material that works effectively over time. The final combination of raw materials provides clay brick its particular features, such as sturdiness, resilience, dimensional stability, and durability, as well as fire and […]
Employing over half the workforce, driving significant growth in the private sector, and representing some 98% of all businesses, SMEs are the lifeblood of the South African economy. Experts speculate that Digital Transformation, COVID-19 awareness, shifting supply-chain trends, and operational optimisations, are among the key areas where SMEs can drive improvements, and thrive in 2022. […]
By Catherine Wijnberg, CEO of Fetola South Africa needs entrepreneurs to reverse our shrinking economy and high unemployment rate. And while they face numerous barriers in almost every sector, there is one industry that offers them the key to success: The circular economy. Only about 1% of micro-enterprises[1] in South Africa, starting with one to five […]
The truth is, all businesses are at risk of being scammed at some point, and just one incident can cost a company millions of Rand. Ryan Mer, CEO, eftsure Africa, a Know Your Payee™ (KYP) platform provider, says that fraudsters are constantly finding new ways to exploit vulnerabilities and attack corporate payment systems and it’s […]
By Gil Sperling, Co-CEO & Co-Founder: Flow The US housing market suffered a seismic shock last week when leading property listings portal Zillow exited its iBuying business after a $1 billion loss over the course of three years – and there are lessons in the move for the South African market. iBuying has been a […]
Africa’s first digital in-store lay-by app is aiming to create financial inclusion throughout the continent – starting in South Africa. Local fintech startup LayUp is taking the lay-by process into the 21st century – for merchants and consumers – with a mobile app and rollout of a terminal app via payment & merchant solutions provider […]
By Darryl Bernstein, Partner and Head of the Dispute Resolution Practice at Baker McKenzie in Johannesburg As African businesses begin to recover and build the resilience needed to successfully navigate COVID-19 disruption, a focus on Environmental Social and Governance (ESG) strategies is proving to be essential for long-term success. In order to stay competitive, organisations […]
It is well-known that the Covid-pandemic has forced change in many industries and driven digitalisation at a pace faster than anyone could have anticipated, but it has happened at the cost of robust security and digital authentication. The ramifications of this could be felt soon as it becomes increasingly difficult to know whether the person […]
As the world moved indoors two years ago, the online payment space flourished. These are the biggest developments in 2021, and a brief look ahead. This year, South Africans embraced e-commerce, mobile commerce and digital payments like never before – all four major banks have seen massive increases in these payment methods since the start of the […]
Hanife Ymer, Head of Sustainability at JLL (Middle East and Africa) joined the Tétris Design and Build South Africa team at the Annual GBCSA Green Building Convention in Cape Town in November to give a talk on ‘How Sustainability is the Now, not the Later’. These are her thoughts. This year’s COP26 – the United […]
API platform connecting real estate agents and social media users leverages significant growth on the continent to target global property market Flow, a proptech startup that enables real estate agents and developers to seamlessly advertise properties on social media, has announced that following consolidated growth in South Africa the company is launching in Australia. Flow’s […]
International Fraud Awareness Week is taking place from 14-20 November, highlighting an increasing problem that organisations around the world are facing. According to the Association of Certified Fraud Examiners (ACFE), businesses lose around 5% of their annual revenue globally due to fraudulent behaviour, which experts estimate amounts to a total annual loss around the world […]
Heineken’s proposed R40.1 billion offer for Distell is the latest in a series of notable bids for large South African businesses. This follows DP World’s recent proposed R12.7 billion offer for Imperial Logistics and PepsiCo’s R26 billion acquisition of Pioneer Foods in 2020. A key driver for all three deals is using the local companies […]
Propelair®, the UK designer and manufacturer of the world’s lowest-water-flush toilet, is making big strides in South Africa as the country continues to urge organisations to conserve water and use it more efficiently, reduce carbon emissions and promote hygiene. Having launched in South Africa in 2019, Propelair has now entered into a distribution agreement with Amalooloo, […]
Last year’s edition of the Kearney Annual Global Cities report provided a revealing overview of urban centres amid the unprecedented public health catastrophe of the COVID-19 outbreak. A stark snapshot was painted of a volatile, increasingly fragmented environment characterized by fierce competition among cities for status, a situation acutely exacerbated by the coronavirus pandemic. “The […]