Category Archives: South Africa News

South Africa News

Construction industry can provide a solid foundation for SA’s unemployed youth

Leading trade show hosts 25 free workshops to drive job creation For years, South Africa’s public and private sectors have talked about transformation as the key to unlocking economic growth and job creation. Yet in Q4 of 2021, national unemployment rose to 35.4%, with youth unemployment remaining at a dangerously high level of 66.5%[1]. Aubrey […]

Using powerful data to shut the door on SA’s biggest property scams

Fraud in the property sector has become alarmingly common in recent years. With substantial sums of money on the line, increasingly sophisticated scams have made easy targets of buyers and sellers, as well as various property practitioners like estate agents and conveyancers. But the tide is starting to turn as up-to-the-minute credible data makes it […]

People-first approach needed in AI era

 Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute […]

People-first approach needed in AI era

Automation, robotics and artificial intelligence can be a force for exceptional business progress, but could also cut jobs, impacting a multitude of workers and their families. Instead of cutting heads, organisations should be empowering employees with technology to become more valuable. This is according to Johan Steyn, technologist, management consultant, Chair of the Institute of […]

Counting the real cost of cash in South Africa

Cash is still king in South Africa. But according to Anton van der Merwe, COO of leading pan-African fintech enablement partner, Ukheshe Technologies,  its long reign is increasingly under threat as businesses and consumers begin counting the real, hidden costs behind cash transactions. Whether its via cash, credit card, QR, crypto, or a smartphone wallet, financial transactions […]

The rapid rate of competition law developments across Africa

By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]

City of Cape Town initiates support to growing ScreenTech sector

From laptops, televisions and navigation devices to cell phones, video games and smartwatches – screens of all shapes and sizes are fast becoming the preferred medium for people all over the world to acquire news, information, and knowledge; to entertain themselves; be productive; and connect. And as the tech capital of Africa, Cape Town is […]

South Africans invited to partner on sustainable plastic packaging solutions for online retail

Cheap, mouldable, and corrosion resistant; these qualities have made plastic a dependable packaging staple for the manufacture of consumer goods sold online. But in South Africa – where the total cost of plastic waste pollution exceeds R885 billion annually[1] – the search is on for new and innovative approaches to minimising how the material is used […]

The ergonomics of working from home: tips from the experts

One of the remnants from worldwide lockdowns is the switch to working from home or a hybrid of onsite and offsite working. If you’re still working in a makeshift space in your house – slouched on the couch, hunched over a laptop or commandeering your dining room table – you may be feeling the effects […]

Data security and privacy laws develop across Africa

Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]

Tailored Payment Solutions Unlock Growth for Unserved Segments in South Africa

By Barry Williams, Sales & Marketing Head and Clinton Leask, Business Development Lead at Pay@ In 2017, only 35 percent of the African population had access to banking services and this figure was projected to increase to 48 percent in 2022.1 The South African National Payments System (NPS) is regarded as world-class,2 as the banked population rose from […]

Startups can drive economic development in South Africa, but these are the tools they need

Adbot is empowering Pre-Seed and Seed startups to access new markets South Africa’s economy is driven by small businesses, which are expected to have created around 90% of all new jobs by 2030[1]. Many of these jobs are likely to be created by start-ups, new businesses that scale quickly and add significant economic value. But […]

How innovation in technology is outsmarting crime in South Africa

Warren Myers - AURA

Crime is growing more sophisticated – so too are the solutions to combat it In the current climate of hijackings, robberies and unlawful syndicates, it is hard to imagine a world where crime is drastically reduced, or even wiped out completely. However, according to Warren Myers, CEO of South Africa’s on-demand security and medical response […]

NFTs to revolutionise the way creatives can create an income in the digital world

Non-fungible tokens – or NFTs – could help South African creatives better control the rights to their intellectual property, give them access to a broader market and improve their earnings. This is according to John Singh, non-executive director of the Institute of Information Technology Professionals South Africa (IITPSA) and chair of the IITPSA Blockchain Special […]

When the bottom line is booming but the output is barely-there. Are mines missing a golden opportunity in this commodity cycle?

By Arjen de Bruin, Managing Director at OIM Consulting  We’ve heard rumblings about the world being on the precipice of a post-pandemic ‘roaring 20s’. And — at least in the case of the mining sector — there are certainly signs that point to this. For commodities, in particular, the boom is very much, well, booming. […]

The Great Resignation has landed on SA shores, businesses take heed

Ryan Silberman, Group CEO at Webfluential and YPO Africa member

Ryan Silberman, Group CEO at Webfluential and YPO Africa member examines what is driving SA’s wave of Covid-catalysed resignations – and how businesses need to adapt The Great Resignation, a term coined by psychologist Anthony Klotz, is a post-pandemic movement that saw a wave of resignations take hold across the United States (US) and other parts […]

Africa-focused Banking & Finance team from Baker McKenzie advised on one of Global Trade Review’s Best Deals 2022

Baker McKenzie’s Africa-focused Banking & Finance team advised on one of Global Trade Review’s (GTR) Best Deals 2022 . The team advised Aspen Pharmacare Holdings Limited and certain of its subsidiaries (Aspen Group) on this winning deal, which comprised a joint financing package for the amount of €600 million (around ZAR 10 billion) that was finalised by the […]

Is your building energy efficient? Tsebo Energy Management can give you the data you need to find out

The ongoing issues surrounding electricity supply in South Africa – not to mention climate-related discussions around the viability of the energy sector in general – has many businesses and building owners reconsidering whether those precious kWh units are going to waste unnecessarily. And just in case the obvious waste of money and energy that bad […]

Flow wins Best Late-Stage Startup at AfricArena Awards

Gil Sperling and Daniel Levy Flow

South African proptech leader Flow has won the Best Late-Stage Startup award at the 2022 AfricArena Summit, held in Johannesburg last week. The summit was a side event to the South African President Investment Conference and supported by the Technology Innovation Agency and VC firm Edge Growth. Over 140 in-person attendees and more than 1 […]

Landmark for renewable energy in SA, with grid-connected battery system in Ekurhuleni

Ekurhuleni Municipality has approved the connection of a large solar PV plant and battery system, marking a landmark moment in renewable energy projects in South Africa.   The PV and lithium-ion battery system will form one of South Africa’s largest microgrids: a 1.8 MW solar PV facility alongside a 2.9 MWh battery, whilst being grid-connected […]

Tony Houldsworth joins Omnisient Advisory Board

Technology industry veteran and Group President of Flooid – a leading unified commerce platform for the retail and hospitality sectors – joins Omnisient’s Advisory Board to support and accelerate international expansion plans.  Omnisient, Africa’s privacy compliant data collaboration platform, welcomes Tony Houldsworth as member of its Advisory Board.  Tony has consistently been at the forefront […]

Carry1st drives growth in Africa’s gaming industry, supported by AppsFlyer

Carry1st, one of Africa’s leading gaming publishers, has released new insights from its market data that highlight successes that have shaped its growth in the gaming sector. Since the launch of SpongeBob: Krusty Cook-Off in October 2021, the game has managed to acquire more than 2 million users, ranking in the Top 5 most downloaded […]