Category Archives: South Africa News

South Africa News

SA entrepreneurs must leverage business growth through application of locally produced, world-class tech solutions or risk being left behind in fast-paced digital landscape

While South African entrepreneurs continue to battle less-than-ideal operating conditions for their businesses in our country, one solution remains prevalent: the integration of locally produced, technical solutions, with the power to provide our hard-working entrepreneurs with monthly cost savings, improved operational efficiencies and an increase in opportunities for growth.

Unleashing Africa’s potential: A vision for innovation and entrepreneurship

SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities.

BCX Releases Digital Innovation Index Report 2023. Offering Strategic Insights for South African Businesses

This comprehensive report aims to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa. This report stands as a beacon for businesses seeking to navigate the evolving realm of digital transformation in South Africa.

Tough economic headwinds provide exciting opportunities for agile, customer-centric fintechs

By offering personalised experiences and innovative solutions, fintechs can navigate the evolving tech and business landscape, transforming the way money is stored, used, and moved in South Africa. Amid challenging economic headwinds, South African fintechs have the potential to excel by prioritising customer-centric approaches and strategic partnerships, while embracing digitisation and regulatory changes. Andy Jury, CEO of Mukuru shares insights into the fintech trends for 2024, while looking at where we are now.

The biggest workplace design trends shaping Western Cape offices

In recent years, the focus on employee experience in the workplace has surged. By 2022, recognition of its significance peaked. In 2023, leading companies are transforming the role of experience into real action – and creating workspaces that employees enjoy says Tango Matoti, Head of Workplace Strategy and Design at Tétris Design and Build South Africa.  “How businesses […]

Analyze Consulting Secures 50% Stake in LeadMe to Enhance Leadership Development

The significance of leadership development cannot be overstated, especially when considering statistics from the World Economic Forum, which anticipates that 50% of all employees will require reskilling by 2025, with leadership being one of the top skills in demand. Furthermore, organisations with leadership development programs are reported to be 86% more capable of responding to adversity.

Understanding generative AI and its impact on payment fraud in South Africa

The accessibility of generative AI tools has lowered the barriers for would-be criminals, while the transition to hybrid work models and geographically dispersed teams has expanded the attack surfaces they can exploit. In this context, the overlap of AI technology and the interests of financial leaders becomes increasingly significant, says Ryan Mer, CEO of eftsure Africa, a Know Your Payee (KYP) platform provider.

South Africans play a greater role in becoming scam victims than they care to admit

The South African fraud landscape is becoming increasingly risky as fraudsters and scammers look to target individuals with highly sophisticated scams in an environment where it is becoming increasingly difficult for lawmakers and authorities to bring these criminals to justice.

Putting people first: The power of being a purpose-led organisation

Companies are shifting away from viewing success only through a financial lens, by taking on a more progressive, people-centred and purpose-led approach to business. Savina Harrilall, Chief People Officer at Mukuru, shares insight on how to recognise and develop the unique talents of each employee that creates value beyond profits. By embracing diversity, connecting with communities and fostering strong leadership to empower employees, South African businesses are able to make a positive impact.

By partnering with data specialists Insight Consulting to unleash the power of Qlik, Galito’s flame-grilled its legacy reporting and turned its data into a strategic business asset

This case study, with insights from Samuel Diedericks, Head of Finance at Galito’s, focuses on unlocking the power of Data and how Galito’s transformed its business operations and turned its data into a strategic business asset with Insight Consulting and Qlik.

Crisis to Empowerment: Navigating Climate Challenges with Sustainable Energy Solutions

With the recent unprecedented changes in climate (with extreme weather events becoming more frequent and intense; the recent flooding in New York city, followed by the devastating storms and floods in the Western Cape) and as the climate continues to change, the infrastructure that we have long depended on is showing signs of strain. On that, it’s now more important than ever for South Africans to be choosing solar energy, being a clean and renewable source, as it not only reduces our dependence on fossil fuels but also ensures that we leave a healthier planet for future generations.

Bridging the gap: Using a multi-faceted approach to combatting financial inequality

To address the rampant inequality in many African economies today, companies are demonstrating a customer-centric approach that drives formal financial and economic inclusion. In this article, Mukuru CEO, Andy Jury, shares a multi-faceted approach to addressing barriers to formalisation and how to create a more inclusive and equitable landscape in South Africa – offering accessible, low cost remittance services and digital solutions while maintaining a physical presence.

Leveraging unified commerce solutions for customer-centric retail success

In the dynamic world of retail, understanding the evolving nature of the consumer journey is paramount. With increasing technological advancements and rising customer expectations, retailers need to be agile and responsive, ensuring their customers can seamlessly navigate an unlimited array of shopping experiences. To cater to this demand, unified commerce platforms are stepping up, offering […]

Central bank digital currencies: What they mean for financial inclusion and private sector banks

Three pilots, one fully launched digital currency in Africa The world’s central banks understand that the future of money is digital. As payments shift online, the use of cash declines and the fortunes of crypto assets rise and fall, central bankers realise that their ability to command the use of money in their economies could […]