Air France announces today that it will be expanding its operations on the African continent with increased frequency of flights between Paris-Charles de Gaulle and Johannesburg, and a brand-new route to Maputo, Mozambique from 20 June 2021. The flight to Maputo will be a continuation of the Johannesburg flight. Wouter Vermeulen, General Manager Southern Africa Air France-KLM, affirms that Air France remains strongly committed to […]
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank Group (IsDB) and the Republic of Cameroon have signed on April 12, 2021 two agreements in a virtual signing ceremony between H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development (IsDB Governor) and Eng. Hani Salem Sonbol, CEO, […]
South Africa’s only option for addressing poverty and poor economic growth is to embrace 4IR technologies such as automation and Artificial Intelligence, to make the country more competitive. This is according to Prof. Tshilidzi Marwala, Vice-Chancellor and Principal at the University of Johannesburg and author of Closing the Gap: The Fourth Industrial Revolution in Africa, […]
Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully pioneering and proving […]
Overview The Financial Sector Conduct Authority (FSCA) is the regulatory body in South Africa that oversees a variety of financial activities, including the provision of online trading solutions and services. It is a reputable and strict entity. Amidst the list of brokers that have applied for regulation through the FSCA, the following five have been […]
Pan-African communications and marketing agency headlines Rotary Africa Centennial event to shine a spotlight on African excellence globally Luminaries such as Bill Gates, Dr Nkosana Moyo and Gcina Mhlophe to address influential Rotary Africa Centennial Celebration Change makers and thought leaders from across Africa will converge virtually this month as Rotary Africa celebrates 100 years […]
Ismail Ahmed will seek to commit $500 million of his own wealth and investments over the next 10 years to Somaliland-focused development programmes. Sahamiye Foundation will aim to double Somaliland’s literacy rate to 90% by 2023. A team led by WorldRemit founder Ismail Ahmed has today launched Sahamiye Foundation, a philanthropic organisation focused on using […]
The technology group Wärtsilä has signed a long-term Optimised Maintenance agreement covering power plants in three locations owned by Paras Energy, a 100 percent privately-owned Nigerian energy provider. The aim of the agreement is to ensure the plants’ continued high levels of availability, reliability and efficiency, while providing important cost predictability for future budgeting purposes. […]
By Prenisha Govender, Associate and Keketso Kgomosotho, Candidate Attorney, Tax Practice, Baker McKenzie Johannesburg. The growing popularity of cryptocurrencies worldwide, which is increasingly leading to its stronger footing in international business, has awakened tax authorities everywhere to a possible new revenue stream from unreported gains. Over recent years, we’ve seen a marked increase in crackdowns […]
Reducing the cost of supplies, inventory or business operations is common practice amongst many small business owners. Not preserving enough cash could land a business in deep waters and in need of a lifeline. For business owners, curbing your expenditure is a practical way to improve your cash flow without incurring risk to your business. […]