Navigating the impacts of the global pandemic has become the order of the day for the South African manufacturing sector, who demonstrated their resilience with a promising year-on year recovery of 87.9% in April. The spread of the coronavirus, recent violent protests and looting, and crippling power challenges have caused a slowdown of the sector’s […]
Category Archives: South Africa News
South Africa News
SOL unveils virtual card and new brand as it redefines the customer experience SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together with an extensive rebrand and renewed corporate vision. Following a name change to SOLmate, the fintech has launched a new, innovative virtual card […]
Group profit before tax up 540% to R430.2 million Earnings per share up 232% to 97.9 cents Headline earnings per share up 230% to 100.8 cents Finance costs down by R151.9 million (58%) Debt reduction of more than R900 million from disposal of the remaining Life Healthcare shares Repurchase of 5.7 million “N” ordinary shares […]
By Johan Botes, Partner and Head of the Employment & Compensation Practice at Baker McKenzie in Johannesburg Conservatively estimated, one in four women will experience sexual harassment in the workplace at some stage during their working lifespan. The personal toll on these women – and those around them who deal with the secondary effects – […]
The 4th Edition of Africa’s Largest Artificial Intelligence Trade Expo & Conference, AI Expo Africa, kicks off 7th September and will run as a 3 day ONLINE live event followed by 30 day On-demand show. Event organiser AI Media Group have seen record breaking interest from over 9000+ delegates from 73 countries this year all […]
The Protection of Personal Information Act, 2013 (POPIA) came into full effect from 1 July 2021. The Act is the comprehensive data protection legislation that obliges organisations to lawfully process the personal information of data subjects (both natural and juristic persons) by applying specific principles and conditions. But how will it affect the payments space […]
From Financial Access – to Financial Health By Sakhile Mabena, CEO, OFIN, a fintech startup specialising in Behavioural Data Analytics, Financial Process Automation, Behaviour-based Financing and SME Behaviour Nudges There is currently a revolution in the space of financial inclusion, with around 70% of people worldwide now having access to financial services, up from just […]
Youth Employment Service (YES), in collaboration with Metropolitan GetUp and Ford SA, has launched the Youth Content Collective (YCC) – a platform that connects talented black South African content creators with businesses, so that these young individuals can earn a meaningful living from their creative abilities. YCC launch: From left to right: James Boulton (Marketing […]
While legislation and the introduction of new regulations aim to combat fraud and corruption, South African businesses have the power to fight financial crimes by ensuring consistent Know Your Customer (KYC) procedures are in place. This is according to Sameer Kumandan, Managing Director of SearchWorks, South Africa’s largest innovative data aggregation platform. SearchWorks allows users to […]
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four exciting innovators are part of a global cohort of 18 organisations who will receive EUR 10 000 funding and business development support. Southern Africa’s HiiL Justice Accelerator programme is funded […]
Small businesses in South Africa should tap into existing business community, partner and supplier networks to help keep their heads above water in these tough times. It is only by finding creative ways to stand together and help one another that this vital sector of the South African economy, employing 9 out of 10 people, […]
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 […]
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 […]
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 […]
The recent cyber-attack on Transnet is a serious wakeup call and a reminder that, in the technology age, no company is safe from cyber criminals who are trying to disrupt operations or steal personal information. While Transnet was dealing with its cyberattack, Macsteel – one of South Africa’s largest steel suppliers – faced a similar […]
With an ambitious Gas Master Plan, progressive petroleum regulation, and a united stakeholder approach, H.E. Bruno Itoua is focused on making deals, and will promote a pan-African energy transition at African Energy Week in Cape Town. H.E. Bruno Jean Richard Itoua, Minister of Hydrocarbons for the Republic of the Congo has reiterated both his support […]
Even with a high banked population and a multitude of electronic payment options available, the average South African still use cash for daily purchases and payments with an estimated 78-80% of transactions being in cash. Anton van der Merwe, the recently-appointed COO of Ukheshe Technologies, a fintech enablement partner that works with financial institutions to […]
Global leader in business communications services Infobip (www.Infobip.com) announced today it will provide WhatsApp customer communication services and its Conversations CPaaS-based contact center solution to leading Senegal mobile operator Expresso. Mobile operators worldwide are increasingly adopting cloud-based customer communication solutions, in no small part driven by the COVID-19 pandemic which stressed the need to make […]
How can new digital ways of working in the healthcare sector improve outcomes for patients to increase global health equity in the COVID-19 era and beyond? And do we have reason to be optimistic? These were the questions tackled by a panel of globally recognised health-tech experts in a recent webinar for the African healthcare […]
Awarded Seal of Approval from AFSA We have never been as aware about allergens, bacteria, pollen and dust particles than right now, and with good reason. Many suffer from a blocked nose, red, watery eyes and sneezing, but it shouldn’t have to be that way. Daikin’s Air Purifiers minimise asthma and allergy symptoms by removing […]
Omnisient is a leading technology provider of a secure data collaboration platform that empowers organisations to derive deep insights from their data. The company helps organisations unlock growth opportunities and new audience segments without compromising the privacy of their customers. Omnisient’s recent recognition by the World Marketing Congress proves yet again that the African continent is producing […]
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. […]