Category Archives: South Africa News

South Africa News

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical […]

Modernising and regulating SA’s payments industry

In the second half of 2022, the South African Reserve Bank (SARB) announced it has its sights set on stricter regulations for the South African payments ecosystem “to ensure financial stability in a world of increasingly innovative and disruptive technology”. Though some new fintech players winced at the thought, it is a necessary move if […]

Strategies for water efficiency and continuity in South Africa

Loadshedding in South Africa has become the norm and will continue for at least two more years but another problem has arisen due to these prolonged blackouts and that is an interruption in water supply. When the stages of loadshedding are higher (stage 6 and 8) and there is no electricity for four hours or […]

How South African small businesses and traders can up their game for financial success

Cape Town Aerial After Sunset

The better financially educated business owners are, the stronger the foundation of their business will be. Financial literacy has been proven to not only affect both saving and investment behaviour, but also debt management and borrowing practices. Financially savvy traders and SMEs are more likely to accumulate wealth, get better returns on investments, and cover emergency expenses. […]

New outlook on skills development can solve CTO headaches and fast-track coding careers in 2023

By Jessica Hawkey, Managing Director at redAcademy As 2023 begins in full swing, we can all be forgiven for feeling as though we have been on a seemingly endless roller coaster during the past year. However, despite the surprises and shocks, one thing remained consistent throughout 2022 and is predicted to be one of the […]

Simple Ways to Support Digital Learning and Help Build SA’s Digital Future

Education in the online space was brought into sharp focus during the COVID-19 pandemic and the COVID-19 and barriers to participation in education in South Africa, 2020 report released by Statistics South Africa showed the scale of the challenge in that only 11.7% of schools offered remote learning options, nationally. Most households did not have […]

How South African businesses can start the financial year digitally secure

With phishing, ransomware and other cyberattacks on the rise in South Africa, appropriately budgeting for cybersecurity is a must, as the benefits of having strong measures in place far outweigh the assumed expense of digital security, says Steve Flynn, Sales and Marketing Director at ESET Southern Africa. With a shortage of experienced cybersecurity personnel in South […]

Locally manufactured energy saving product

By Nonhlanhla Ntuli  Eskom recently announced the implementation of stage six loadshedding and the National Energy Regulator of SA approved an 18.65% tariff hike by Eskom for the 2023/24 financial year. This as government has pleaded with consumers to reduce their electricity consumption.  According to the EskomSePush app, the struggling power utility implemented 3 776 hours […]

From failing at university to scaling SA’s top venture builder in four years – these two young entrepreneurs are on a mission to help 1-million people build good tech

One of the most hotly debated topics in African innovation is South Africa’s claim to be the “Tech Capital” of the continent. Home to more than 490 startups and a combined US$1-billion (or R17.6-billion) in funding[1], South Africa is an undisputed leader on the continent. But in 2023, that reputation is slipping, as Nigeria takes […]

Fedhealth to offer genetic testing to improve members’ health

Fedhealth partners with Intelligene to offer personalised genetic testing for its members A new partnership between Fedhealth Medical Scheme and medical bio-tech company Intelligene offers exciting opportunities for genetic testing to improve the efficiency of medication, mitigate health risks by identifying possible future illnesses, and even optimise an individual’s lifestyle by pinpointing the nutrition and […]

Why it’s a good time for South African investors to address concentration risk

With the US dollar having pulled back from the highs seen in the second half of 2022, this is an opportune time for South African investors to address domestic concentration risk if they have been overly exposed to local assets, according to investment advisory and wealth management firm GraySwan. Aggressive interest rate hikes by the […]

Blockchain Africa Conference 2023: Gearing African businesses to compete in the global marketplace

Ettienne Reinecke Dimension Datas Group Chief Technology Officer says Blockchain has gone from strength to strength

The adoption of blockchain technology has gained traction in South Africa, Kenya, Nigeria and Ghana – resulting in more efficient and lower-cost cross-border payments to facilitate African businesses conducting trade abroad1. This shift can be attributed to an increase in global ratification of the technology where approximately 44% of the top 100 public companies2, including […]

Protect against Business Email Compromise – or it may cost you dearly

Don’t let your business be punished for, and by cyber fraud  As the business landscape rapidly evolves, a general awareness of security vulnerabilities is no longer enough. Cyber fraud, data and payment breach risks need to be managed urgently and strategically with the right tools, says Ryan Mer, CEO at eftsure Africa, an automated Know Your […]

Tough times ahead as South Africans face financial crisis

Central Cape Town from Lions Head. January 2007. Author Andrew Massyn

Many South Africans face the prospect of a tough 2023. Inflation is the highest it has ever been, and the repo rate has steadily risen with more increases expected in the near future. Further stress is applied to the majority of consumers through (regular) significant increases in both petrol and diesel prices which not only […]

48HOURS launches free crisis diagnostic app

New online tool helps brands classify the scale of risk from a crisis within just three minutes Nothing tests an organisation quite like a crisis. In a global crisis management survey conducted by Deloitte, 34% of businesses that have already experienced a crisis say the most important lesson they’ve learned is to have better systems […]

Senzo Tsabedze’s 7 Things to expect in the Fleet Management sector in Africa in 2023

2022 was a progressive year in the fleet management industry worldwide with several companies regaining their usual momentum that was disturbed by COVID-19 from early 2020 into 2021. Today, we get an expert forecast on what we should expect to happen in the fleet management sector this year in Africa from Senzo Tsabedze. Senzo Tsabedze […]

Energy to shape the economic future of Africa’s automation and manufacturing industries

SA’s leading trade conference looks for real answers to hard questions from industry experts The importance of energy security in shaping South Africa’s economic future is a key focus at the Africa Automation and Technology Fair (AATF), the continent’s most comprehensive and focused automation platform. Taking place between 9-11 May 2023 at the Johannesburg Expo Centre […]

South African proptech leaders Flow secure $4.5 million in funding to enable the global property industry

South African proptech innovators Flow have secured $4.5million (+-R78 million) in funding at the conclusion of their pre-Series A investment round – the single largest investment in the country’s proptech sector at that stage and amongst the highest in African proptech funding history. The investment will see co-founders and co-CEOs Gil Sperling and Daniel Levy drive the […]

A new year’s resolution for SA’s energy crisis – and why international organisations hold the key to an accelerated Just Energy Transition

By Alana Kruger, Knowledge Transfer Manager for South Africa at Innovate UK KTN Global Alliance Africa. According to leading lifestyle magazines and spiritual gurus, 2023 is a year for self-reflection, intuition and analytical enlightenment. It also marks 16 years since South Africans first experienced loadshedding – an unwelcome and common occurrence that continues to this […]

The future of behavioural coaching – understanding what it can bring to the table

OIM Consulting MD Arjen de Bruin discusses the difference between behavioural coaching vs. training, unpacking the trends we can expect to see in 2023 It was former Colorado football coach Bill McCartney who said, “all coaching is, is taking a player where he can’t take himself.” And McCartney would know. In his 13-year tenure, he won just shy of 100 games, three […]

Fedhealth’s affordable new offering – a supercharged hospital plan for only R945 pm – caters for the young, healthy and digitally savvy

An exciting new solution from Fedhealth medical scheme offers the most affordable hospital plan on the market – ideal for young, healthy, digital natives. With annual inflation reaching a 13-year high in July 2022 (7.8%), budgeting for essential monthly expenses like groceries, transport and healthcare has become increasingly difficult – especially for younger people. Our […]

Using accurate forensic intelligence to combat serial and organised crime in South Africa

“When constructing any kind of civil or criminal case against an individual or corporation, it is imperative that all the evidence that is to be presented in a court of law be one hundred per cent accurate and verifiable,” says Sameer Kumandan, Managing Director of SearchWorks, South Africa’s largest and most innovative data aggregation platform. “False […]