By Conrad Kullmann, MD at FAR UVC AFRICA In today’s climate and this century’s most widespread global pandemic, the need for ground-breaking sanitation solutions has never been more critical. At the forefront of modern-day hygiene and sanitation is human safe far-UVC technology. While much of the world’s focus has turned towards the introduction and distribution of vaccines, […]
Category Archives: South Africa News
South Africa News
South Africa’s cloud market is showing good signs of growth and development as enterprise customers begin to take serious notice of multicloud and its benefits. As a result, it is imperative to develop and maintain a robust mutlicloud strategy that meets continuously evolving business demands. Andrew Cruise, managing director, Routed, a neutral cloud infrastructure provider, […]
The 2021 edition of REN21’s Renewables in Cities Global Status Report, shows that one billion people live in cities with a renewable energy target or policy. The number of cities that have enforced partial or complete bans on fossil fuels jumped fivefold in 2020. With a special focus on Sub-Saharan Africa, the report shows that despite many challenges, […]
Leading digital fintech enablement provider, Ukheshe Technologies, together with Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, have developed South Africa’s very first WhatsApp payment gateway for use by Telkom, one of the country’s largest mobile operators. In addition to being South Africa’s first digital […]
AURA, South Africa’s leading security and medical response platform, has announced its imminent expansion into Kenya which will be led by its new General Manager, Hilary Itela. Partnering with KK Security, owned by GardaWorld, Aura will offer its emergency and medical response services in Nairobi and Mombasa. Warren Myers, CEO, AURA says that the intention is to address the […]
There has been a permanent change in the way that people shop and, in turn, the way that businesses need to operate. In the absence of brick-and-mortar stores being open during the lockdown, as well as a general fear of crowded malls when things were able to re-open, South Africa’s ecommerce sector exploded. According to […]
Panel of 25 economists unanimously predict the SARB will hold the repo rate Just over a quarter (28%) expect a rate hike this year 92% say South Africa is at risk of a sovereign debt crisis Unemployment rate to increase slightly by July The South African Reserve Bank (SARB) is set to hold the repo […]
Small and Medium-sized Enterprises (SMEs) have long been hailed as the lifeblood of the economy. Now, in the wake of the COVID-19 crisis, they are critical for its recovery. Not only do they contribute 35-50% of national GDP globally, they also drive over two-thirds of new job creation[i]. Ultimately, the more SMEs succeed, the better our […]
Leading South African digital fintech enablement provider, Ukheshe Technologies has confirmed it is expanding its operations internationally. Having established itself as a formidable payment technology specialist within the B2B sector, the company has set its sights on the Middle East, Europe and Asia Pacific. The move comes on the back of several successful high-profile projects and partnerships […]
By Prenisha Govender, Associate, Tax, and Angelo Tzarevski, Senior Associate, Competition & Antitrust, Baker McKenzie Johannesburg The South African Government recently approved a tax on South Africa’s exported chrome, although the tax percentage and further details are still to be announced. The ferrochrome ore industry has been severely threatened in recent years, mostly due to […]
Over 1,200 delegates virtually convened for the 3-Day summit on ‘A Resilient Africa – Forging Solutions for the Impact Economy’ Sankalp Forum, an initiative of Intellecap hosted its 8th Edition of the Sankalp Africa Summit, in a virtual format, from the 2nd to 4th March 2021, one of Africa’s largest inclusive networking platform focusing on […]
The Covid-19 pandemic has provided the ideal opportunity for leaders to step up and move people forward to a preferred future despite global crises. However, according to the 2020 Edelman Trust Barometer, trust levels are hovering at all-time lows, with only the business community regarded as both ethical and competent. Consequently, whether they like it […]
By Caitlin Naidoo, Centurion Law Group In January 2021, WhatsApp announced that it would be altering its privacy terms to share data with Facebook causing panic among WhatsApp users. Users that want to continue using WhatsApp’s services have no choice but to agree to these new privacy terms. WhatsApp is a messaging platform used globally as […]
Debt repayment to funders in excess of R1 billion Reduction of R129.8m in finance costs 7m raised from disposal of portion of Equites and Phuthuma Nathi stakes 4m raised from disposal of portion of Life Healthcare stake Improved debt and liquidity ratios Brimstone’s shareholding in Oceana Group increased to 25.01% [Cape Town, 3 March 2021] […]
Business, Main, South Africa News
The top 5 reasons why investing in Ireland makes sense for African businesses
By Daireann Gibson, Managing Partner at Gibson & Associates Solicitors Ireland is becoming an increasingly popular destination for individuals from across Africa who are looking to move abroad. South Africa in particular has seen 3,000 immigrants choose Ireland as their new home, and for investors in particular, Ireland provides a wealth of opportunities. The relationship […]
Fintech, South Africa News
Immense impact of 4IR technologies on African economies to be addressed through South African lawyer’s World Economic Forum’s Centre for the Fourth Industrial Revolution fellowship
Ashlin Perumall, Senior Associate at Baker McKenzie in Johannesburg, South Africa, has taken up the role of Fellow at the World Economic Forum’s (WEF) Centre for the Fourth Industrial Revolution (C4IR) in San Francisco. As part of his C4IR Fellowship, Perumall has joined the blockchain and digital currency working group, working on the legal and […]
South Africa News, Startups
Cape Town/Stockholm Connect Launches to Unlock Trade and Innovation Opportunities
The Silicon Cape Initiative, in partnership with Wesgro, the City of Cape Town, Invest Cape Town, The Loudhailer, Business Sweden and the Embassy of Sweden, recently came together to launch Cape Town/Stockholm Connect. The Connect platform will bring together companies, developers, customers, investors, entrepreneurs, and institutions from across Cape Town and Stockholm via a series of […]
By: Andrea Tucker, Director at MortgageMe We get it. The thought of paying off a house every month for the next 20 to 30 years isn’t exactly thrilling. But if managed carefully, you can use your bond to your advantage and build a nest egg of savings for life’s little and not-so-little emergencies. The why […]
Celebrity influencer marketing is nothing new for big name brands: who could forget Cell-C’s adverts featuring Trevor Noah; or Tendai ‘The Beast’ Mtawarira shaving with a BIC razor; and more recently, Bouwer Bosch ‘skoffeling’ for King Price. “Having the famous and influential as ambassadors of your brand is a great way to build exposure, especially […]
As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies. 2020 saw HAVAÍC’s portfolio companies grow their revenue by a staggering 93%, and in the coming months, Ian Lessem, Managing Partner at HAVAÍC, believes the economic, […]
Fintech, South Africa News
Telephonic payment solution helps companies deal with Covid-19 challenges
VerPay enables verbal commerce as businesses adapt to serve their customers in contactless ways The novel Coronavirus has necessitated the need for a sharp step change across nearly every facet of daily life; which has, in turn, rendered the payments landscape ripe for innovation. “The pandemic has forced us all to do business in new ways, and […]
Creating a memorable customer experience is fast becoming a top priority for businesses – and for good reason, says Reynhardt Uys, Chief Experience Officer, Immersion Group. He notes that customers no longer base their loyalty on price or product alone. Instead, they stay and spend, with companies based on the overall experience they receive. “Quite […]