Category Archives: South Africa News

South Africa News

Another data breach rocks South Africa as details of 1.4 million South Africans gets leaked

We are currently living in a world that is being driven by technology. It is very rare to find any aspect of our daily lives that is not impacted by technology. Since Government imposed the National Lockdown – which aims to mitigate the worst effects of the Covid-19 Pandemic – there has been a significant […]

PLATFORM BANKING AND OPEN BANKING: why it’s the next big thing for banks and their customers

Incumbent banks are starting to look to “platform banking” to stay relevant and loved by customers. But what is platform banking in the first place? And why is it a good thing for society? Anthony de Gray Birch, co-founder and Chief Operating Officer (COO) of Direct Transact, South Africa’s biggest banking enabler of the past […]

Startup Genome, City of Cape Town, WESGRO and Silicon Cape Publish 2021 Global Startup Ecosystem Report

Cape Town is featured in the world’s preeminent report on advancing startup ecosystems – ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups […]

How to avoid falling victim to rising vehicle scams

South Africa’s biggest banks are warning customers about a marked increase in vehicle purchase scams. Criminals place adverts for fake vehicles online at hugely discounted prices to lure in buyers hunting for a great bargain. Sameer Kumandan, Managing Director of SearchWorks, an innovative platform which allows consumers to perform live, accurate vehicle searches and valuations as well […]

Safe disposal of asbestos is vital to protect people and the environment

South Africa’s incidence of mesothelioma, a type of cancer that occurs in the thin layer of tissue that covers most of your internal organs, is ranked among the highest in the world. This cancer stems from over a century of asbestos mining and production. Since the 1930s, medical science has recognized the potential dangers of […]

HelloChoice: South African Agri-FinTech Start-Up Secures Major Standard Bank Investment

Leading South African founded and owned Agri-FinTech start-up HelloChoice has announced the finalisation of a major investment from Standard Bank, solidifying its market leading position as the premiere digital fresh produce and agricultural marketplace. HelloChoice is a proudly South African success story, founded in 2018 by Grant Jacobs and Graeme Jarvie, who had a vision to […]

South African Spending: How to keep the country saving

Did you know that the country’s national savings rate jumped from 14.2% in December 2020 to 18% in the first quarter of this year – the highest it has been since 2010 [i]? According to the South African Reserve Bank, this is a reflection of household spending patterns amid the uncertainty around the COVID-19 pandemic. Hennie Blignaut, […]

Low interest rates fueling property buying boom: Finder.com’s economist panel

59% of panellists say the property buying boom will last for at least another year 54% say the boom is negatively impacting the rental market 97% say the SARB will hold the repo rate this week South Africa’s property buying boom isn’t going to slow down anytime soon, according to Finder.com’s SARB repo rate forecast […]

Modernisation means more than simple mechanisation – it means people

By Arjen de Bruin, MD at OIM Consulting The latest figures from Statistics South Africa have revealed that in July 2021, there was a 10.3% year on year increase in mining production, which it has attributed to higher commodity prices and the recovery in the global economy. And while the sector appears to be on […]

South African Rand Falls – What Will Be in the Future?

Riots and stringent COVID-19 regulations caused significant damage to the South African economy at the start of the third quarter, according to new data released on Wednesday.   More than 300 people were killed and hundreds of businesses were robbed as some of the worst violence seen in South Africa since the end of apartheid […]