Monday, November 25African Digital Business Magazine

Tag: South Africa

18May By Africa BusinessNo Comments
South Africa News

Bank of Central African States and the African Energy Chamber to work together on solution for FOREX regulation for energy industry

The African Energy Chamber (AEC) (www.EnergyChamber.org), on Monday 17 May held a meeting with the Central Bank of Central African States (BEAC) to discuss the effects of BEAC’s in December 2018 adopted FX regulations, which are due to come into effect on the 1 January 2022. The meeting was in response to concerns by energy companies operating in the CEMAC region, that the new FOREX regulations will stifle investment, lead to a loss of jobs, increase operational cost, lead to additional and unnecessary bureaucracy and eventually render the regions energy industry uncompetitive compared to other regions globally. These concerns are even more pertinent today, given the added pressures and competition that the industry in the CEMEC region is facing in light of the global move towards e...
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18May By Africa BusinessNo Comments
Fintech, South Africa News

South Africa’s Leading Payment Aggregator and Secure Payment Solutions Provider Expands into Africa

With the African Continental Free Trade Agreement set to generate combined consumer and business spending of $6.7 trillion by 2030[i],  the continent requires payment platforms to cater for this growth. To this end, Pay@ - a leading South African payment aggregator and provider of secure payment solutions - will be expanding into several African countries and providing consumers and businesses alike with a variety of payment methods. The company’s CEO, Andrew Hardie says that Pay@ has deployed operations into Namibia, Botswana and Lesotho over the past few years but will now be adding Zambia, Mozambique and Angola to this list, with additional African countries in the pipeline. “We would like to build on the strength of our business in South Africa and grow out our offerings across the con...
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18May By Africa BusinessNo Comments
South Africa News

Total’s Mozambique LNG Project to take center stage at the France Africa Economic summit

As French and African leaders gather on May 18 in Paris for the France-Africa Summit, Mozambican leaders and Total have a brilliant opportunity to push for the resumption of LNG projects in Mozambique and get things going. Even if exploitation of natural resources is not particularly on the Summit's agenda, there will be no better chance for the gas-rich country to showcase its solutions and arrangements to the issues posed to its gas industry. Notably, as one of the delayed projects involves a consortium led by French supermajor Total, who on April 26 issued a force majeure declaration to its LNG project in the Cabo Delgado province due to the security situation at the moment. Total's force majeure declaration has sent the project into a delay, negatively impacting Mozambique&rsq...
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17May By Africa BusinessNo Comments
South Africa News

AUDA-NEPAD and Ecobank Group partnership moves to finance phase under the 100,000 MSMEs Initiative

The African Union Development Agency NEPAD (AUDA-NEPAD) (https://bit.ly/3w9P1aI) and the Ecobank Group (www.Ecobank.com) its strategic partner on the development of the 100,000 Micro, Small and Medium Enterprises (MSMEs) Initiative, are set to launch the financing component as from 27 May 2021. AUDA-NEPAD launched the 100,000 MSMEs Programme to accelerate African economic transformation, provide the needed skills, and build resilience against the economic shock triggered by the global pandemic. The ‘100 000 MSMEs’ initiative seeks to build the capacity of 1,000,000 enterprises in Africa through entrepreneurial and business training to improve access to finance and new markets while establishing networks for support and incubation to bolster their success. “Across ...
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17May By Africa BusinessNo Comments
South Africa News

Call For Entries: Rugby Africa’s Inaugural Media & Photography Awards

Rugby Africa (www.RugbyAfrique.com) presents the Inaugural Media & Photography Awards this season. According to Coralie van Den Berg, General Manager at Rugby Africa, two creatives, will have the opportunity to walk away with a whooping US$1500. For the love of the game, we are inviting submissions from Cape Town to Cairo and all the beautiful cities in between. As part of Rugby Africa's work to grow the culture of our sport across the continent, the criteria for media and photography will be cognizant of submissions that value the promotion and progression of the game as we love it, throughout the continent. Over the years, many moments have shaped the face of Rugby on the continent, and we would like to hear from the women and men, who have been there to capture them. As a show of...
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16May By Chido Pamela MafongoyaNo Comments
African News, Business, South Africa News

South Africa: The Protection Of Personal Information Act (POPIA); Mandatory Appointment Of Information Officer – What You Need To Know

By Chido Pamela Mafongoya, Centurion Law Group With the Fourth Industrial Revolution at play and the increase of internet usage, the Protection of Personal Information Act 4 of 2013 (“POPIA”) was designed to ensure the protection of personal information when being processed. The main aim of the POPIA is to protect data subjects from security breaches, theft, and discrimination. The POPIA also aligns South Africa’s privacy laws with international standards and international best practices. In terms of POPIA, all organizations who process personal information are required to adopt measures to ensure the protection of personal information. It is mandatory for all data processors and responsible persons to comply with POPIA. The Act provides for a one-year transition period, allowing impac...
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14May By Africa BusinessNo Comments
South Africa News

Siemens, the German Government and the Solidarity Fund hand over a 100-bed modular hospital solution

Download logoA 100-bed modular solution donated to Cecilia Makiwane Hospital; The modular solution will be equipped with Siemens Healthineers medical technology; The modular hospital will be powered with a solar modular configuration to enable a decentralized and clean power supply. At a ribbon cutting ceremony, Siemens South Africa, the German Ministry of Economic Cooperation and Development and the Solidarity Fund officially handed over a separate 100-bed modular hospital solution to the Cecilia Makiwane Hospital in Mdantsane. This extension will help alleviate the negative impact caused by the coronavirus on the medical system and improve access to healthcare, even beyond the pandemic. "Jointly with Siemens, we are sending a strong signal today that our partner countries can rely on us...
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10May By Africa BusinessNo Comments
South Africa News

World Rugby and unions confirm men’s July test schedule

Twenty-five of the top 30 ranked unions to play tests in the July window; World champions South Africa and hosts Japan play first tests since Rugby World Cup 2019; The UK and Ireland set to host a number of nations, while New Zealand becomes Pacific hub; Samoa v Tonga play-off to deliver first qualifier for RWC 2023 in Oceania 1; Rugby World Cup 2023 qualifiers also to be played in Europe, Africa and South America. A strong revised programme of men’s test matches is set to take place in July after all unions and World Rugby agreed a revised schedule within the existing window. The revisions have been made recognising an ongoing and complex global COVID-19 picture while aiming to limit further impact.  The British and Irish Lions tour to South Africa headlines a busy July progra...
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10May By Africa BusinessNo Comments
South Africa News

Olympic excitement builds ahead of World Rugby Sevens Repechage draw

World Rugby Sevens Repechage (www.WorldRugby.org) draw to take place at 10:00 BST (GMT+1) on Tuesday, 11 May; Monaco set to host the final Tokyo 2020 Olympic qualification event on 19-20 June; 12 women’s teams and 10 men’s teams to compete for the final two women’s and one men’s places at the rescheduled Tokyo Olympics; Fans can follow the draw live on World Rugby digital and social media platforms here (https://bit.ly/3vU2gMz). The draw for the World Rugby Sevens Repechage, the final qualification event for the Olympic Games in Tokyo, will take place on Tuesday, 11 May at 10:00 BST (GMT+1) and will be streamed live on World Rugby’s digital platforms. The highly anticipated draw will be held at the Hotel Hermitage, Monaco in the presence of His Serene Hi...
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10May By Africa BusinessNo Comments
South Africa News

Team Qhubeka ASSOS and CORE advance to the next level in sports performance

Team Qhubeka ASSOS (www.TeamQhubeka.com) works with the Swiss CORE Body Temperature Monitoring technology to take training and racing performance to the next level.  As a team who has remained on the cutting-edge of technology, we are thrilled to announce our partnership with CORE Body Temperature Monitoring which will gives our athletes and coaches advanced performance insights. While heart rate monitors and power meters are commonplace, core body temperature is vital but has previously been difficult to capture. Our riders will use the CORE technology which incorporates an advanced sensor to capture accurate core body temperature data which can be used by the riders and our team’s performance coaches optimise training and enable to riders to compete at their best. Team P...
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