AfricaBusiness.com - Page 12 of 219

29Jul

By Africa BusinessNo Comments

Business, South Africa News, Zambia News

Millennials will drive the growth of insurance in Africa

The insurance industry in Africa is undergoing significant transformation, marked by evolving consumer needs, technological advancements, and shifting demographics. Among the most influential demographic groups driving this change is the Millennials generation, born between 1982 and 1994. According to market research firm, IMARC Group, the African insurance industry is expected to grow by 6.3% between 2024 and 2032, after reaching US$ 87.4 billion by 2023. “The Millennials have a big role to play in Africa’s insurance growth, as they begin to build families and acquire property,” says Mulenga Kashiwa, technical underwriting senior manager at Hollard International. He explains, “Millennials in Africa are now in their 30s to early 40s, a phase often associated with significant life changes...

29Jul

By Africa BusinessNo Comments

South Africa News

Ackerley Sports Group to Invest in South African Rugby

By Veselina Dzhingarova The South African Rugby Union (SARU) and Ackerley Sports Group (ASG) have announced their intention to form a partnership to enhance South African rugby across all levels. This agreement aims to bolster the professional game and expand the revenue streams for both the Springboks and SARU's commercial ventures. New Commercial Rights Corporation According to Rugby365, the agreement, currently under negotiation and awaiting approval from SARU members, will involve ASG investing in a new Commercial Rights Corporation (CRC). This entity will manage all current and future revenue-generating assets of the Springboks and SARU. SARU will maintain majority ownership of the CRC, while ASG will hold a significant minority stake. Ted Ackerley, Co-Founder of Ackerley Spor...

25Jul

By Africa BusinessNo Comments

African News

Oppenheimers’ South African Future Trust awards R3 million to SA’s top entrepreneurs

2024 SAFT Summit Announced for 24 and 25 October Six of the country’s most exciting entrepreneurial ventures have been recognised at the 2024 South African Future Trust Awards, with each category winner receiving a grand prize valued at R500 000. The South African Future Trust (SAFT) Awards are a launchpad for innovative ideas, offer recognition for the tough entrepreneurial grind and celebrate the power of entrepreneurship to change lives in South Africa’s challenging economy. Each winner’s prize consists of a cash injection of R250 000 and an individually tailored support package of R250 000. The founders of proactive healthcare platform Engage Mx were the winners in the ‘Tech Entrepreneur’ category. Engage Mx is an intelligent platform that recalls patients to their doctor for screen...

25Jul

By Africa BusinessNo Comments

South Africa News, Tech

POS versus POS: Selecting the right solution is far more complex than chasing the cheapest

By Peter Ludi, Business Development Executive at redPanda Software A point of sale, commonly referred to as POS, is a vital cornerstone of any retail business, regardless of whether it sells products or services. However, a misunderstanding of the definition of POS sees many small and medium-sized retailers fall into the trap of buying a payment acceptance terminal as opposed to investing in a platform that will future-proof the business and open a host of growth and sales opportunities. Let’s start with a summarised definition of POS. At its simplest, it is the place where a transaction is executed. This can be in-person or online on various channels along the customer journey. A POS is a vital part of the customer journey as it is the crescendo of what has come prior to that point. No...

25Jul

By Africa BusinessNo Comments

South Africa News

Industry-led tech solution designed to bring SA’s minibus taxis into the digital age

The Wealth On Wheels (WOW) initiative was launched at the recent Southern African National Transport Conference (SATC) in Pretoria. This initiative, led by the Eastern Cape Transport Tertiary Cooperative Limited (ECTTC) - the business arm of the South African National Taxi Council (SANTACO), in partnership with Ecentric Payment Systems and FORUS Digital, aims to revolutionise the local minibus taxi industry. The initiative seeks to use innovative technologies such as digital cash payments and blockchain to help minibus owners enhance operations and maximise their revenue, while creating a safer and more secure environment for the travelling public. The WOW platform will introduce digital cash payments, advanced fleet and vehicle management systems with GPS, camera monitoring, fuel rebates,...

25Jul

By Africa BusinessNo Comments

Tech

NielsenIQ integrates Consumer Panel and Retail measurement data into its NIQ Discover platform – providing clients with a powerful connected user experience

NielsenIQ has integrated consumer panel and retail measurement data into NIQ Discover – enhancing the cloud-based platform’s ability to help brands and retailers differentiate and succeed in a competitive market. High quality consumer panel data brought to life through on-demand technology now live in all 23 NIQ panel markets across North America, Europe, Asia, Pacific, South Africa and Latin America NielsenIQ (NIQ) announced the integration of Consumer Panel and Retail measurement data into its NIQ Discover platform, providing retailers and brands the Full View™ on a single platform. NIQ Discover enhances the client experience by leveraging a new cloud-based architecture and aggregation engine that provides faster data access and greater user flexibility. NIQ's Discover platform fo...

25Jul

By Africa BusinessNo Comments

Events, Mauritius News

Mauritius is the mission of the documentary

In 2019, Mauritius witnessed one of the biggest international acts, Major Lazer, to ever perform on the island. This is the story of the people who made it possible, an insider’s view of the challenges faced to put Mauritius on the international music map. The footage captured looks at everything from the conception of the event down to the production of the event as well as unexpected challenges along the way. Unknowingly, this would be the last blockbuster event before the pandemic. This is their story. Mauritius was the mission, music was the weapon. About Adrenaline Factory Founded in 2015, Adrenaline Factory is a Communications Agency offering 360-degree marketing, branding & communication strategies and implementation services as well as events management services. A sh...

Closing SA’s IT skills gap and reducing off-shore investment ‘requires a shift in thinking’

25Jul

By Africa BusinessNo Comments

South Africa News

Closing SA’s IT skills gap and reducing off-shore investment ‘requires a shift in thinking’

redAcademy MD Jessica Hawkey is driven by a passion to drive positive impact in SA CAPE TOWN – Honoured as Top Tech Innovator at the 2024 Wired4Women awards, redAcademy founder and MD Jessica Hawkey is driven by an unrelenting drive to work towards closing the skills gap in South Africa. In doing this, she hopes to play a part in shifting the scales in the highly imbalanced ecosystem of off-shoring work, essentially taking billions of rands out of the economy so desperately in need of growth impetus. Change requires a shift in thinking, but she says this shift is already occurring. Hawkey founded redAcademy to create a skilled pipeline of IT talent for businesses, trained specifically for unique needs within businesses. The young people are work ready in a year because of a carefully cur...

24Jul

By Africa BusinessNo Comments

South Africa News, Tech

Security, Ethics and Opportunity – AI in South Africa

Jacques du Bruyn, Managing Director at Flume Digital Marketing Don’t panic – AI isn’t coming for your job. What it is doing is delivering new opportunities, creating new jobs and making work simpler for millions of people. Like the viral quote from Joanna Maciejewska about wanting AI to do the laundry and dishes so she can work on art, rather than having it create art and writing so she can do the housework – which has been interpreted many ways – the opportunity can work both ways. Take the Gap You can work hard to understand how AI operates and get to the front of the Prompt Engineer queue, capitalising on an opportunity to be the person who is able to prompt AI to deliver the specific result – an image, music, video, research or copy – that a client needs. You can also use AI to del...

A global blueprint for good news and constructive journalism – South Africa leading with passion and purpose

24Jul

By Africa BusinessNo Comments

South Africa News

A global blueprint for good news and constructive journalism – South Africa leading with passion and purpose

By: Brent Lindeque Newsrooms worldwide are battling. Publications are closing down. Online platforms are becoming “noisy” with irrelevant adverts or almost entirely inaccessible because of paywalls. Readership is dropping. But why? Well, there are many reasons, but the two that stood out at the Deutsche Welle Global Media Forum (DW Media Forum) were a growing despondency to the barrage of negative news that feels almost relentless and a breakdown of trust between readers and brands. Over 1,500 participants and over 140 speakers from more than 120 countries around the world recently gathered in Bonn, Germany, to attend the conference. This event, which serves as a crucial platform for networking, knowledge exchange, and collaboration, covered a wide range of topics, including journali...