Digital Transformation Archives - Page 2 of 4

10Oct

By Jana BothaNo Comments

Kenya News, Main, South Africa News, Startups

Africa: tax implications of digital transformation in the consumer goods and retail sector

By Jana Botha, Tax Consultant, and Prenisha Govender, Associate, Tax Practice, Baker McKenzie Johannesburg The pandemic-fuelled growth of the digital economy and unabated demand for online retail products across Africa have led to extensive disruption in the Consumer Goods and Retail Sector (CG&R) sector. Due to a growth in demand for online retail, CG&R companies in Africa have been rapidly adapting their digital operating models, and multinational e-commerce platforms operating in the region have attracted a record number of new customers. This digital transition, and resultant growth in the e-commerce sector, has tax implications for digital CG&R businesses operating in Africa. The OECD’s Pillar One and Two Multilateral international tax changes currently being implemente...

23Sep

By Africa BusinessNo Comments

Tech

UNGA 2021: UN Assistant Secretary-General Welcomes New Multilateral Organization Working to Reduce Global Digital Divide

Digital Cooperation Organization (DCO) convened Ministers and delegates from UN member states at UNGA side event to discuss ‘Shaping an Inclusive Digital Age.’ First event during UNGA held by seven-member global bloc spanning Africa, the Middle East and South Asia, 80% of whose 480 million population are under the age of 35. The Digital Cooperation Organization (DCO), a global multilateral body working to strengthen collaboration towards the sustainable and inclusive growth of the global digital economy, today held a high-level side event as part of the ongoing 76th UN General Assembly. Speakers at the virtual event included the UN Assistant Secretary-General and Officer-in-Charge of the Office of the UN Secretary-General’s Envoy on Technology, Maria-Francesca Spatolisano, DCO Chairpe...

22Sep

By Africa BusinessNo Comments

Business, Tech

Redefining digital transformation for the modern work environment

Kriya Govender, CEO of PRP Solutions “Digital transformation” has been a hot topic for company executives for a while, but it failed to gain traction in their businesses. However, since the onset of the COVID-19 pandemic last year, momentum has shifted with those still undecided about digital transformation and forced many organizations to accelerate their digital transformation strategy. Digital transformation can be daunting for organisations at the best of times. Over the years, it has become a business imperative as companies across most industry sectors, focus on delivering the most value for customers while optimising employee productivity and leveraging modern technologies to improve key business measurements and metrics required to do all this. There is no “one size fits all”...

15Jul

By Nirmala DsouzaNo Comments

Tech

Mining and Metals Companies Accelerate Focus on Sustainability

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 offerings are supporting the sustainability initiatives of mining companies in four key pillars: energy efficiency, yield improvement, low greenhouse emission technology adoption, and new green processes. Global decarbonization is heavily reliant on the sustainable production of minerals and commodities. A thriving and healthy mining and metals sector is crucial for ...

13Jul

By Africa BusinessNo Comments

Cameroon News, Events, Zambia News

Annual Investment Meeting Successfully Concluded AIM AFRICA Digital Edition

The event witnessed the participation of 101 expert speakers, 2092 participants from 99 countries, with 41 countries from Africa and over 47 global exhibitors. The Annual Investment Meeting successfully concluded AIM AFRICA Digital Edition which took place from the 29th – 30th of June 2021 via Events10x platform under the theme “Africa Unlocked: Innovation and Sustainability as the Drivers of Economic Growth”. The two-day virtual conference witnessed the participation of 101 expert speakers, 2092 participants from 99 countries, with 41 countries from Africa and over 47 global exhibitors. Top government officials and high-level dignitaries also joined AIM AFRICA and among them was H.E Sheikh Shakhboot Nahyan Al Nahyan - Cabinet Member and Minister of State in the Ministry of Foreign Affair...

1Jul

By Africa BusinessNo Comments

South Africa News, Startups

Top Tech Ideas for Accelerating Inclusive Economic Growth in the Township Economy Revealed and Rewarded

Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the U.S. Mission to South Africa hosted a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local businesses in the township economy. This was the third of four hackathons which form part of an initiative called Hackathons for South Africa: Digital Solutions for Real World Challenges. Finally, after much anticipation, the winning solution was announced on Sunday, the 27th of June. Walking away with the R25,000 grand prize was Team Basket. Outlining their idea, team leader Esihle Vellem said: “We help street vendors and spaza shops buy fresh produce from small-scale farmers and wholesalers by providing them with an online application and an instant delivery service. With t...

1Jul

By Africa BusinessNo Comments

Main, Tech

Digital transformation should be about the customer, not the technology

Digital transformation alongside automation enablers like artificial intelligence (AI) and Robotic Process Automation (RPA), coupled with the responsible utilisation of data assets will be determining business success factors over the next five years, according to Grant Phillips, Group CEO at e4. While the landscape will be enormously different in the coming years, Phillips says that the brands who will succeed the most are those that move beyond a fascination with the technology itself but to understand how it can address ever changing customer needs and expectations, remembering that winning will be defined by how the technology capability has delivered a world class user experience. “Looking forward, increasing digital interactions, engagement, digital delivery of services or products w...

2Jun

By Africa BusinessNo Comments

Events, South Africa News, Startups

Digital Solutions Sought to Accelerate Inclusive Economic Growth for Businesses in the Township Economy

The COVID-19 crisis and accompanying national lockdown had a dramatic effect on all businesses, but those operating in the township economy were hardest hit, with 67% being unable to operate at all under stricter lockdown levels and 75% reporting a reduction in their sales[i]. Now, with the rollout of the vaccine putting South Africa on a post-pandemic trajectory, revival of the township economy and inclusive economic growth for the businesses within it are vital for addressing fallouts from the pandemic such as unemployment, poverty, and food insecurity. Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the United States Embassy in South Africa will be hosting a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local bu...

14May

By Africa BusinessNo Comments

African News, Events, Tech

Africa as a magnet for investors | Africa Tech Week 2021

The much anticipated Africa Tech Week summit took place on the 5th and 6th of May. Joined by phenomenal speakers and acclaimed sponsors, the event took off to new heights. In a panel discussion by Marian Croak, vice president of engineering at Google, and Lindiwe Matali founder and CEO of Africa Teen Geeks, the importance of mentorship for young girls and women was highlighted. Marian serves as an excellent mentor and departed sterling advice on achieving your goals in manageable steps at a time. Yemi Keri, CEO of Heckerbella and co-founder of Rising Tide Africa spoke on the reasons investment in Africa is a golden opportunity. Since the continent has the most youthful population in the world, and this young group behaves as the early adopters of tech, it makes for incredibly fertile groun...

12May

By Africa BusinessNo Comments

South Africa News, Tech

The value of digital transformation for SMEs

Digital Transformation refers to the overall change of organisational activities aimed at leveraging opportunities created by digital technologies and data. This requires companies to profoundly transform their business models, infrastructure, processes and culture, in order to steer them toward finding new sources of customer value. The use of digital technologies has transformed commerce and how businesses interact with their customers. To adapt to this changing world, organisations must embrace digitisation. “For small businesses just getting started, there’s no value in setting up your business processes and transforming them later. You can futureproof your organisation from the get-go. Thinking, planning and building digitally sets you up to be agile, flexible and ready to grow,” say...