South Africa News Archives - Page 32 of 72

21Mar

By Africa BusinessNo Comments

South Africa News, Tech

TransUnion South Africa battling to retrieve personal records after hack

On 17 March, ITWeb reported that credit bureau, TransUnion South Africa, is currently in an ongoing battle with a hacker group that is demanding a $15 million (R223 million) ransom over four terabytes of compromised data. The hacker group, going by the name N4aughtysecTU, which claims to hail from Brazil, is alleging it breached TransUnion South Africa and accessed 54 million personal records of South Africans. Speaking to ITWeb via Telegam, the hacker group claims the information it is in possession of includes anything from credit scores, banking details and ID numbers. TransUnion South Africa has issued a statement confirming that a criminal third-party obtained access to an isolated South African server, through misuse of an authorised client’s credentials. “This alarming news is fu...

15Mar

By Gabbi Brondani RegoNo Comments

Real Estate, South Africa News

Zero – R100 Million in One Year: A New Industry is Born

In the space of a single year, targeted social media advertising has helped South Africa’s estate agents notch up hundreds of millions of Rands in residential sales – with numbers set to increase tenfold in the next few years. This social media boom has changed the way the South African property industry finds leads and concludes deals, while creating an entirely new revenue stream – and dragged it into the 21st Century. With the global uptick in ecommerce adoption over the last two years has come an exponential rise in social media advertising, with brands targeting millions of users on the platforms they spend hours on, each day. This shift to the online advertising world has proven to be a challenge for some sectors as marketers have struggled to get to grips with the complexity of Fac...

Going Greener for Workforce Health and Wellness

3Mar

By Amber SamboNo Comments

Business, Main, South Africa News

Going Greener for Workforce Health and Wellness

By: Amber Sambo, Social Media Manager and Content Creator at Decusatio As the climate-change discussion peaks and people gain more knowledge, there is increasing pressure on employers to not only protect the planet but to also ensure that the health and wellness needs of their workforces are met by providing environmentally healthy workspaces for them. Here's why and how adopting greener and more sustainable approaches can improve the health and overall well-being of your workforce. The why Sustainable workspaces are healthy workspaces with optimum air temperatures, humidity levels, noise levels and enhanced air quality can help improve the physical and mental health of your employees. Improving the environments of workforces has proven to substantially increase productivity and the ...

3Mar

By Africa BusinessNo Comments

Real Estate, South Africa News

Property scams continue to rise at alarming rates

Investing in property is one of the biggest financial decisions a person is likely to make. New and increasingly sophisticated scams and incidence of fraud are on the rise and affect developers, buyers, sellers, estate agents, conveyancing attorneys, and other property professionals. “As property transactions typically involve substantial sums of money, they are a natural target for fraudsters. Tactics range from impersonating estate agents to intercepting emails with instructions on where to make payment for transactions as well as notices of change of banking details instruction, says Ryan Mer, CEO, eftsure Africa, a Know Your Payee™ (KYP) platform provider. While organisations like the South African Banking Risk Information Centre (SABRIC) have long warned consumers about vari...

3Mar

By Prenisha MartinNo Comments

South Africa News

Developments in the South African automotive industry creating optimism for manufacturing sector

By Prenisha Martin, Advanced Associate, Tax Practice, Baker McKenzie Johannesburg The amended Automotive Production Development Programme (APDP) regulations, legislated in Schedule No.3 of the Customs and Excise Act, were released by the South African Revenue Service (SARS) just over a year ago, on 5 February 2021. The APDP is essentially South Africa’s long-term masterplan to grow the automotive industry. The production incentive scheme is aimed at creating an environment that enables registered light motor vehicle manufacturers to significantly grow production volumes and component manufacturers to substantially grow value addition in South Africa. Over the course of the last year, automotive manufacturers in South Africa have adopted a proactive approach to the new APDP regulations by...

28Feb

By Africa BusinessNo Comments

South Africa News

Budget’s focus on taxpayer relief bodes well for bill payments

South African’s can say thank you to the Minister of Finance for providing some tax relief during his maiden Budget speech that will put money back into their pockets – something that bodes well for economic activity and the bill payments sector. In the 2022 Budget Speech, delivered by Finance Minister Enoch Godongwana on Wednesday, South Africa’s economic growth estimates sat at 4.8% and the real GDP growth of 2.1% is projected for 2022. These estimates reflect how the country has weathered global developments and South Africa’s own unique challenges, said Minister Godongwana. Yet Treasury remains focused on measures to offer South Africans some economic relief, and the budget includes R5.2 billion in tax relief to help support the economic recovery, provide some respite from fuel tax i...

28Feb

By Paul TomNo Comments

South Africa News

Tips for Successful Homeschooling in Africa

In many African nations, homeschooling is becoming a popular choice for both nationals and ex-pats. It guarantees the quality of education and allows parents to guide the curriculum. If you’re considering homeschooling your children, be sure to keep these tips in mind. Find Out the Rules for Homeschooling in Your Country While homeschooling is legal and appreciated in South Africa and most other African nations, you should always check the educational requirements and guidelines where you live. The Department of Education is the best starting point. If your child is currently attending a public or private school, request their educational records and a final grade report. This will help you determine the appropriate place to start with your own curriculum. Choose the Right Curricu...

24Feb

By Africa BusinessNo Comments

South Africa News

How 3 draws per week makes the French Lotto that more appealing

Did you know the French Lotto draw happens three times a week? That's one more than most major lotteries around the world and yet another opportunity in a seven-day period to win big. It happens on Mondays, Wednesdays and Saturdays, giving those who enter a chance to triumph at the start, in the middle and toward the end of the week. That's some superb frequency, indeed. Because there are 3 draws per week, it effectively means the tier one prize grows 50 percent quicker than lotteries that only happen twice per week. It also ostensibly translates to fewer rollovers for each jackpot. This graph is a great indicator of how frequently the French Lotto was won between February 2021 and the same month in 2022. Besides the near 30 rollovers required before the jackpot was won in December 202...

Paramount Group Recognised As Top Employer For Third Consecutive Year

16Feb

By Africa BusinessNo Comments

Business, South Africa News

Paramount Group Recognised As Top Employer For Third Consecutive Year

Aerospace and Technology Company Awarded 2022 Top Employers Institute Accolade For Setting Exemplary Standards In People Practices Johannesburg, South Africa, February 15th, 2022 - The Top Employers Institute has announced its Top Employers around the world in 2022 and for the third consecutive year, the global aerospace and technology company, Paramount Group, has been recognised as a Top Employer in the South African marketplace. The Top Employers Institute, the global authority on promoting and recognising excellence in ‘People Practices’, certifies organisations based on the participation and results of their HR Best Practices Survey. The survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Well-being and Dive...

2Feb

By Africa BusinessNo Comments

South Africa News

AURA launch inaugural crime trend report to better understand and prevent SA’s high crime rate

AURA, South Africa’s leading security and medical response marketplace has released its inaugural Crime Trend Report, providing new and unique insight into South Africa’s crime stats in key categories from armed robberies to attempted hijackings and gender-based violence. The report gathered data over the past year from AURA’s nationwide network of over 250 private security and medical companies comprising thousands of response vehicles and over 300,000 active users. By having a clear and accurate picture of the threats South Africans face technology can then be used to combat, and even prevent crime, says AURA CEO Warren Myers. “With these powerful data sets, which are being refined and improved daily, we are beginning to really understand how to apply technology to make our country...