The foreign currency market may be speculated on legally and profitably in South Africa via the use of forex trading. Predicting price changes in currency pairings may be lucrative for South African Forex traders. The volatility of the foreign exchange market enables certain traders to make huge gains, with some even making millions of dollars. […]
Category Archives: South Africa News
South Africa News
AURA, the leading African-based security and medical response marketplace, has secured R62 million in a Series A funding round, which was led by MultiChoice Group (MCG), KLT Holdings and Buffet Investments. This positions AURA favourably for its global expansion plans. AURA is a marketplace that enables anyone to access the closest vetted private and public security and […]
In 2020 and 2021, the African continent spawned more unicorns than ever before with at least eight companies now being valued at more than one billion dollars by investors. To keep the momentum going in 2022, Pranary (formerly Startup Circles), will be kicking off its Business Growth Week from Monday, the 15th of November 2021. This is a free […]
For the past few weeks, Stellenbosch’s best and brightest minds have been pitching their novel ideas to turn Stellenbosch into a ‘Smarter City’ as part of the second annual #IdeasForChange Challenge. After much deliberation, the judges have announced their top three finalists who will now be entered into a poll on social media and vie […]
By Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Zareenah Rasool, Candidate Attorney, Competition & Antitrust Practice, Baker McKenzie Johannesburg The COMESA Competition Commission (Commission) published draft guidelines to the COMESA Competition Regulations, 2004 (Regulations) for public comment on 19 October 2021. The guidelines aim to provide clarity on the Commission’s policies and procedures, and to […]
Ben Gossage, is the Sales and Marketing Director, Canon Central and North Africa. For every business in every industry, the future is uncertain. At times like this it’s tempting to do nothing and wait for circumstances to become clearer. Tempting, but dangerous, because you need to explore new revenue opportunities, to widen your customer base […]
Acronis, the global leader in cyber protection, has released its annual Cyber Readiness Report, providing a comprehensive overview of the modern cybersecurity landscape and the key pain points faced by businesses and remote employees worldwide amid the global pandemic. Acronis’ research from last year revealed more than 80% of global companies admitted they were not prepared […]
South Africa’s 141,500 social entrepreneurs are both solving the country’s most pressing problems and contributing to the economy in the process, with the creation of nearly 600,000 jobs and an estimated 76,000 more by 2030[i]. Sadly, however, approximately 70% say they struggle to raise funding due to a lack of networks[ii] and40% don’t even know […]
Cape Town, South Africa: The Gaia Africa Climate Fund has been selected as one of five funds to be accelerated by the International Climate Finance Accelerator in Luxembourg (ICFA). Being selected by the ICFA entails that the Gaia Africa Climate Fund – which was launched in July 2021 – will benefit from a financial award, […]
Forex (foreign exchange) is undoubtedly something you’ve heard or read about, which shows how widespread its use has become. However, there are a large number of people who are curious but do not have a thorough grasp of how the South African financial market operates or just do not know where to begin. As commodities, […]