Category Archives: South Africa News

South Africa News

Make your money work harder and smarter by using your home loan to save

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 Marketing: No Longer Just for Big Brands

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 […]

HAVAÍC expects bumper year for African tech startups

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, […]

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 […]

Avoiding common mistakes while crafting the ultimate customer experience

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 […]

R500k up for grabs in the 2021 Joburg Smart City Innovation Challenge

Are you a 4IR Start-up? Have you been in operation for 3-7 years? Are you a company developing Smart City technologies and/or innovative solutions? Do you have a pilot-ready solution for a challenge faced by our city? The City of Johannesburg’s Smart City Office, in collaboration with Tshimologong Innovation Precinct, invites you to submit proposals for […]

AURA builds world’s first WhatsApp security chatbot in partnership with Tracker

AURA, South Africa’s leading security and medical response platform has launched the world’s first WhatsApp security chatbot in partnership with Tracker, one of the country’s most trusted names in stolen vehicle recovery. Powered by AURA, Tracker’s unique Tracker CareGuard service offers rapid mobile emergency response anywhere, anytime within South Africa. The new cutting-edge solution enables subscribers to […]

IG South Africa’s Continued Commitment to Investment and Growth in South Africa

IG, a global leader in online trading, has had a long commitment to South Africa which is set to increase further. The company  has operated in South Africa for ten years playing a key role in the growth of online trading in this sophisticated and growing market. IG is committed to robust local governance, and […]

Deal making slows across Africa but post-pandemic opportunities look interesting

Africa-regions. Source: Wikipedia

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]

South Africa’s Pork Industry is Set for a Revolution

Pork producers in South Africa are forging ahead with innovation and optimism in uncertain times. The industry has changed drastically over the last few decades – with dietary concerns, disease outbreaks, climate change and other factors all playing a role. Brent Fairlie, CEO at one of South Africa’s largest pork producers, Lynca Meats, lets us […]

African dealmaking decreases, the Africa’s Free Trade Agreement expected to boost recovery

Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]

There is a third way to minimise COVID exposure –Let’s start using it

by FAR UVC AFRICA There is nothing normal about what some people are calling the “new normal“. Humans are gregarious. For millions of years, we have eaten together, celebrated together, and played together. It’s time to get back to that “old normal“. And there are certainly safe ways to go back there. The main way […]

SA’s Transport sector in the age of Covid: A Roadmap to Economic Recovery

The South African transport sector entered the age of Covid already beset by several major challenges. Ageing infrastructure; a lack of impartial regulatory bodies; an unfriendly environment for private sector collaboration; over-reliance on roads for both public transport and freight; and a skewered subsidy model are a few of the structural obstacles that were present. […]

Leading financial firms call on governments to step up action on climate risk reporting, boost adaptation finance

UNEP’s Adaptation Gap 2020 report released last week found that with annual adaptation costs in developing countries alone estimated to reach $130-300 billion per year by 2030, public and private finance for climate change adaptation must be stepped up urgently. Financial institutions have the power to direct investment and project finance to help the world […]

SMMEs primed for growth as economy slowly takes steps to recover

While South Africa’s economy took a series of blows over the last year, business owners remain confident that things will slowly start to stabilise in 2021. This was reaffirmed with South Africa’s SACCI business confidence index rising to 93.4 in November of 2020 from 92 in October, above pre-pandemic levels. According to Trevor Gosling, Co-founder […]

High-Impact Entrepreneurs Raise 4x Capital Year-On-Year

Endeavor empowers entrepreneurs for business growth Despite prolonged global market uncertainty, Endeavor South Africa has reported significant growth in their portfolio of disruptive tech businesses. The local chapter of the global non-profit organisation, which supports high-impact entrepreneurs in emerging markets, reported collective raises of R2bn in 2020 alone amongst the portfolio of 29 businesses, compared […]

The Role Of Painting Robots

For a long time, the most common form of industrial painting required the use of human specialist coating teams, and typically, these jobs included the painting of warehouses, machinery or automobiles. It is a large-scale process that demands high levels of safety measures and protective gear and is prone to errors that waste resources, time, […]

How to make your business more ‘circular’

Something is made, it’s used and then disposed of. Read that again. Something is made, it’s used and then disposed of. We go to all the effort of manufacturing objects, only to discard them as rubbish. Worse still, they end up as trash in landfill or incinerated. After some thought and repetition, the entire process […]

Fighting Fraud in 2021

Photo Credit: Tima Miroshnichenko (Pexels.com)

The COVID-19 pandemic has had a drastic impact not only on people’s health and wellbeing, but on that of businesses too. This was especially poignant for many companies that had to venture into the online world for the first time. Unsurprisingly, the uncertainty that coincided with the sudden digital migration created the perfect opportunity for […]

Development Trend of African Startups and Fintech

RF._.studio: Pexels

Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as […]

Environmental, Social and Governance takes centre stage in a post-pandemic Africa

By Wildu du Plessis, Head of Africa, Baker McKenzie As African businesses begin to recover and build the necessary resilience to successfully navigate COVID-19 disruption, a focus on Environmental Social and Governance (ESG) strategies is proving essential for long-term success. In order to stay competitive, organisations based in Africa are engaging meaningfully with ESG to […]

Commitment to sustainability opening doors to post-pandemic capital in Africa

City centre of Cape Town in South Africa. View from the nearby mountain Lion’s Head. Photo Credit Wikipedia

By Wildu du Plessis, Head of Africa, Baker McKenzie The industrials, manufacturing and transport (IMT) sector is being hit hard by COVID-19 disruption, but commitment to sustainability could very well lead the sector to recovery. This is according to Baker McKenzie’s report “Sustainable Success: Exploring environmental, social and governance priorities for industrials through COVID-19 and beyond” which […]