South Africans can now Scan to Pay with Crypto

Scan to Pay, powered by Ukheshe, is the largest QR ecosystem in South Africa and is used by more than 600,000 vendors, 14 banks and fintech companies and 94 payment service providers. Now, this new partnership will seamlessly introduce more crypto payment options to mainstream South Africa through the Scan to Pay app.

Business Tourism in Africa as a Key Driver of Economic Growth

While Africa has long been celebrated for its natural beauty and cultural diversity, it’s now becoming a hotbed for international conferences, conventions and corporate gatherings. The statistics are compelling – a staggering 78.2% increase in tourism arrivals to South Africa in the first half of 2023 compared to the previous year, with business spending constituting 43% of the overall tourism contributions. Beyond economic statistics, this trend has far-reaching effects. It stimulates job creation, empowers local communities, and bolsters various sectors, from hospitality to transportation. In the article, Devi Paulsen-Abbott, Chairperson of the Association of African Exhibition Organisers, lists the key drivers behind this growth.

What Should You Know About The Forex Market?

The Forex market is acknowledged as a global and decentralized marketplace where you can buy as well as sell currencies. A participant involved in the Forex market ranges from individual retail traders and central banks to financial institutions. This market works 24 hours and five days per week. However, trading activities reach their peak at the time of overlapping hours in some significant financial centers like Tokyo, London, and New York.

Unlocking Socio-Economic Progress: Early-Stage VC in South Africa

The following article sheds light on the critical role that early-stage VC plays in unlocking South Africa’s socio-economic potential. It discusses the challenges, opportunities, and promising changes in the South African startup landscape. As the 2023 South African Innovation Summit approaches, this topic takes center stage, making it a timely and relevant discussion for your readers.

South Africa, as Africa’s third-largest and most diversified economy, holds tremendous potential for economic growth and social development. However, to fully harness this potential, we must address critical challenges such as power shortages and unemployment. The article discusses how a thriving startup ecosystem, as advocated by the South African Startup Act, can accelerate socio-economic development, competitiveness, and economic transformation.