During a working visit to Zimbabwe, African Energy Chamber Executive Chairman NJ Ayuk met with H.E. President Emmerson Dambudzo Mnangagwa to discuss extensive investment opportunities across the country’s renewable, natural gas and mining sectors. Committed to driving attendance at the upcoming African Energy Week (AEW) 2021 interactive conference and exhibition taking place in Cape […]
Consumers head online for niche products, better service, and quick delivery South African consumers are heading online in greater numbers as the e-commerce shopping experience increasingly offers more choice and convenience than can be found at traditional big-brand, brick-and-mortar retailers, says Mike Farquharson, Managing Director of online courier aggregator Rush. Statista market and consumer data […]
African News, Botswana News
Engen’s footprint flourishing as company targets ambitious growth in Botswana
Engen continues to expand in Botswana and so spread its unique retail fuel and convenience customer experience across the country, with five new Engen Service Stations opening in the first half of 2021 and a further five in the pipeline. “As always, convenience and customer service are key determinants of our success and we are excited […]
Remote Medical International (RMI), a global leader in workplace health and safety services for Fortune 100 corporations and government services prime contractors, announced the launch of two new services RMI Access™ Telemedicine and Case Management to address health and safety challenges found in demanding industrial environments. These new services provide direct anytime, anywhere access to […]
Fraudsters do not discriminate. As we continually move towards the adoption of a digital and more importantly ‘touchless’ era, the platform for fraud increases. Fraud is a fraudster’s business and they often use the same business tactics we use in legitimate business, the difference being that they don’t have customers, they have victims. Thanks to […]
South Africa’s first tourism and hospitality industry Covid-19 workplace vaccination site will open at Sun City Resort’s Convention Centre, where the resort aims to vaccinate 7 500 people in three phases. “We will start with Sun City staff, service providers and concessionaires, before offering the vaccine to their family members, and finally, to all those […]
SITA takes the lead in deploying predictive data analytics for co-innovating with customer airlines and airports to reduce CO2 emissions and improve fuel savings. SITA, the global IT provider for the air transport industry, recently announced the acquisition of Safety Line S.A.S., the Paris based start-up specializing in digital solutions for aviation safety and efficiency. This acquisition […]
After months of searching, screening, and careful selection, the final five qualifying businesses for the next round of the AYO Scaling Africa Series have been selected. In partnership with the SA Innovation Summit, the series looks to assist tech entrepreneurs in taking their Series A businesses to the next level. These five finalists have been chosen […]
FDI, also known as foreign direct investment, has been virtually solely concentrated in Africa on the exploitation and export of natural resources for over a century. However, the momentum has changed after the turn of the 2000 and the tendency has finally changed in recent years. Global investors are more likely to visit Africa for […]
Baker McKenzie’s latest analysis of Refinitiv data shows that the value of mergers and acquisitions (M&A) in the first half 2021 (H1 2021) soared in South Africa, and that deal value also increased in Nigeria in the first six months of 2021, but Kenya experienced a slight decrease in both deal value and volume in […]
Business, South Africa News
Good customer retention tactics translate to brand loyalty and profitability for SMEs
There is a good reason why the saying goes “first impressions last” and this is particularly important for small businesses. Once they’ve connected with a new customer, businesses should focus on offering high-quality delivery over the long-term. It begins with a client’s first interaction with businesses or brands and continues throughout the lifetime of the […]
Following the Global Financial Crisis, the Legal Entity Identifier (LEI) code was created as a vital measure to improve the quality and accuracy of financial data systems to improve risk management in financial transactions. This is now a mandatory code that an entity needs to have in order to conduct business globally. Not having one […]
Tech
JetPack Aviation completes initial Speeder trials, proves capability, and begins accepting pre-orders
California-based JetPack Aviation announced on 14th July that it has completed flight testing with the first prototype – P1 – of its Speeder jet-powered, VTOL mobility platform. Trials concluded successfully in May. Flight testing began in December 2020, with two-axis tethers securing the platform, progressing through a single-axis tether and culminating in the aircraft flying […]
South Africa could face a dystopian technological future, unless moves are made to harness technology for societal good now. This is according to Johan Steyn, chair of the Institute of Information Technology Professionals South Africa (IITPSA) Special Interest Group on AI and Robotics (SIGAIR), who was speaking at the IITPSA Gauteng Chapter AGM this week. Steyn […]
by Pomy Ketema, Counsel, Baker McKenzie, New York African countries continue to face substantial financing gaps as they take on projects of all sizes in pursuit of development. To tackle the slowdown in foreign direct investment since the onset of the pandemic, some African countries are actively courting their diaspora and looking for pockets of […]
Schneider Electric’s EcoStruxure™ Platform Combined with AVEVA’s Digital Transformation Solutions Proven to Drive Industrial Sustainability Initiatives Mumbai, India – July 15, 2021 – Schneider Electric, the leader in the digital transformation of energy management and automation, and AVEVA, a global leader in industrial software, driving digital transformation and sustainability, announced today that their combined technology […]
In 2020, e-commerce in South Africa spiked by 66%, driven by COVID-19-induced lockdowns and a drop in brick-and-mortar retail sales[i]. This increase was accompanied by an upsurge in the use of instant Electronic Funds Transfer (EFT) payments. Towards the end of last year however, the SA Reserve Bank, Payment Association of South Africa (PASA), and […]
Hosted at African Energy Week 2021, the Ghana pavilion will drive a discussion on the value of Liquified Natural Gas as a power generation solution. The African Energy Chamber (AEC) is proud to announce that Ghana will be hosting a pavilion at African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th […]
The global pandemic has ushered in a new paradigm for the Retail Banking sector, one which demands quicker transformation to a customer-centric service that is digitised, personal and convenient. A recent Financial Industries panel discussion held by Kearney, a global consultancy, shed light on how the power of data, Application Programming Interfaces (APIs) and automation […]
Expected to deliver rural network coverage for up to 400 million of the unconnected over the next 3-5 years London, July 15, 2021 – Avanti Communications (“Avanti”), the leading provider of high throughput satellite capacity across EMEA, today announces a partnership with Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRA:0YA) (OTCQB: CBUTF), the Smart Off-Grid™ […]
South Africa is in the middle of one of the most tyring times in the country’s history. Unemployment was on the rise which will only worsen in the aftermath of the current situation. In addition, tensions are boiling over turning into violent acts and destruction which are currently disrupting society. This includes bank ATM’s and […]
In a move to promote development and end energy poverty by 2030, the African Energy Chamber has announced that it will encourage African countries to boycott companies that boycott African oil and gas. With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline […]