business in South Africa Archives - Page 2 of 2

4May

By Africa BusinessNo Comments

South Africa News

SA can prevent payments fraud crippling businesses and local municipalities

Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider says technology can be a powerful tool against the fraud and corruption plunging South Africa’s municipalities and businesses into financial crisis. According to a recent report in News 24, a former OR Tambo District Municipality project accountant who defrauded the municipality out of R9.8 million was recently sentenced to 15 years in jail. She was the authorised officer responsible for processing claims from service providers and effecting payments to their bank accounts. Money was transferred to companies belonging to her former boyfriend and sister even though no services were rendered by said businesses. Another News 24 report details how nine people who allegedly defrauded the City of Tshwane out ...

27Jan

By Africa BusinessNo Comments

South Africa News

SA’s Transport sector in the age of Covid: A Roadmap to Economic Recovery

The South African transport sector entered the age of Covid already beset by several major challenges. Ageing infrastructure; a lack of impartial regulatory bodies; an unfriendly environment for private sector collaboration; over-reliance on roads for both public transport and freight; and a skewered subsidy model are a few of the structural obstacles that were present. Covid-19 has both highlighted and exacerbated these hurdles and must force the industry out of complacency. The challenges it faces must be viewed as opportunities with the problem areas providing a guide as to the solutions that can be delivered with maximum impact, where they’re most needed. A study conducted in partnership by Business for SA and global management consultancy firm, Kearney found that the already beleague...

8Nov

By Africa BusinessNo Comments

African News, South Africa News

Ireland’s Minister for Trade and Development Leads Enterprise Ireland Trade Mission to South Africa

On Sunday 10 November 2012, Ireland’s Minister for Trade and Development, Joe Costello TD, will lead an Enterprise Ireland trade mission with 37 companies to South Africa. The trade mission is being organised by Irish trade and technology agency, Enterprise Ireland in close cooperation with Ireland’s Department of Foreign Affairs and Trade and the Embassy of Ireland in Johannesburg. It is aimed at cementing the growing trade relations between the two countries and is part of a broad, long term strategy to further develop Irish trade links and partnerships not just in the South African market, but in the wider Sub-Saharan region. Last year Irish exports to South Africa increased to €944m and exports for 2012 are expected to continue this momentum. South Africa exports ...

22Oct

By Africa BusinessNo Comments

African News, South Africa News

South Africa hosts continent’s largest gathering of Ethernet Companies

MEF (Metro Ethernet Forum) and Metrofibrenetworkx bring Government, telcos, ISPs, Data Centres, Equipment Vendors and Enterprise together in bid to connect the country’s networks 22 October 2012 Johannesburg, Midrand, South Africa.The African continent’s most influential gathering of Ethernet related companies will converge on at the Axiz Workgroup Auditorium in Midrandfor the first ever seminar of its kind. Up to 400 companies are expected to attend the inaugural MEF’s(Metro Ethernet Forum) Ethernet Business Services Seminar that is being hosted by Metrofibrenetworx on Monday the 19th Nov (10:30am-2pm). The aim of the event is to bring together interested parties from across the industry to showcase how MEF standards will enable all companies in the Internet food chai...