Microlenders in South Africa play a crucial role in financial inclusion, offering small loans to individuals and businesses who lack access to traditional financial services. However, they face increasing regulatory scrutiny under both the Financial Intelligence Centre Act (FICA) and the National Credit Act (NCA). This article explores the compliance challenges microlenders face and the role of technology in helping them meet regulatory requirements while continuing to support underserved communities.
South African security teams are potentially facing a ticking time bomb
As Windows 10 approaches its end of support in 2025, South African security teams are facing a critical challenge. Legacy technology, outdated servers, and unpatched systems present a ticking time bomb for cybersecurity risks. This article explores the importance of upgrading systems, patching vulnerabilities, and implementing proactive security measures to safeguard businesses from emerging cyber threats.
Microsoft Unveils Exciting New AI Features for Copilot and Azure AI Foundry
Microsoft announces a series of new updates for Copilot and Azure AI Foundry, including enhanced memory, action-taking capabilities, deep research, and advanced agent development tools, rolling out in the coming weeks.
Hotel Development in Africa Surges, Led by Egypt and Marriott
Africa’s hotel development is booming, driven by Egypt’s leadership and Marriott’s major growth. With 577 hotels and over 100,000 rooms in the pipeline, the continent sees strong growth in both North and Sub-Saharan Africa, with a focus on resorts and a shift toward franchise models.
The Chartered Institute of Marketing and the Tanzania Marketing Science Association Announce Partnership
The Chartered Institute of Marketing (CIM) and the Tanzania Marketing Science Association (TMSA) have formed a partnership to advance the marketing profession in Tanzania and the UK. This collaboration aims to provide marketers with access to development opportunities, align qualifications, and promote excellence in the field.
Benin and Senegal Experience Highest Growth in African Internet Resilience: Internet Society Pulse Country Report 2024
The article highlights the significant improvements in internet resilience in West Africa, particularly in Benin and Senegal, as reported by the Internet Society’s Pulse Country Report for 2024. These countries have made substantial strides in enhancing their digital infrastructure, security, and market readiness. It also discusses the broader implications for internet access, performance, and the growing role of local content hosting, which enhances the overall resilience and cost-efficiency of the region’s internet services.
Driving Economic Transformation: The Role of ICT in Empowering Emerging Markets
Explore how ICT is transforming emerging markets by boosting economic growth, innovation, and sustainable development. Learn from Algeria’s AfTIAS 2.0 program and discover ICT’s impact across sectors like agriculture, finance, and health in Africa.
Kenya’s Payments Evolution: What banks and fintechs can learn from M-Pesa and mobile operators
The article examines Kenya’s evolving payment ecosystem, highlighting the impact of M-Pesa and mobile operators on the financial landscape. It explores how banks and fintechs can learn from M-Pesa’s success in driving innovation and customer engagement, while also addressing the rising competition and evolving digital banking trends.
Crypto Scams and Hacks: A Growing Threat to Investors
A recent study reveals that 83% of crypto investors have been scammed or hacked, highlighting the increasing threats in the cryptocurrency space. The research uncovers the most common types of scams and the financial impact on investors.
Maksym Krippa Expands into Residential Real Estate with DIM Group Partnership
Maksym Krippa partners with DIM Group to expand into Ukraine’s residential real estate market, supporting large-scale housing projects and setting new standards in Kyiv’s property sector.