WeWork, the leading global flexible space provider, today announced a franchise partnership with SiSebenza, a pan-African real estate investor, giving SiSebenza the exclusive right to operate WeWork’s existing locations in South Africa. The deal also grants SiSebenza exclusive rights to grow and operate the WeWork franchise in Ghana, Kenya, Mauritius and Nigeria. The franchise partnership […]
Category Archives: South Africa News
South Africa News
Business, South Africa News
Shopping for sustainability: online stores and e-commerce merchants answer growing consumer demand
While 92% of South Africans say sustainability is important to them, only 58% claim to live sustainably according to a 2022 study by global consumer insights agency InSites Consulting. It’s clear South Africans want to make a change; they just don’t know where to start. That’s where online retailers and e-commerce merchants come in, says Steffen Burrows, CURBON co-founder and director. The […]
Angola News, Ethiopia News, Ghana News, Kenya News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Senegal News, South Africa News, Startups, Zambia 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 […]
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 […]
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 […]
South Africa News
How South African small businesses and traders can up their game for financial success
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. […]
South Africa News, Tech
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 […]
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 […]
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 […]
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 […]
South Africa News, Startups
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 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 […]
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 […]
Fintech, Ghana News, Kenya News, Nigeria News, South Africa News
Blockchain Africa Conference 2023: Gearing African businesses to compete in the global marketplace
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 […]
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 […]
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 […]
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 […]
Business, South Africa News
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, Events, South Africa News
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 […]
Real Estate, South Africa News
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 […]
Energy, South Africa News
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 […]
Science, South Africa News
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 […]