South Africa Archives - Page 17 of 30

28Apr

By Africa BusinessNo Comments

Tech

Top Tech African Entities Collaborate to Boost Digital Transformation for 2021 and Beyond

“To inspire people, don’t show them your super powers. Show them theirs -” Alexander den Heijer. Africa Tech Week advocates are setting out to do just that. The event is the golden opportunity to showcase what’s hot in tech on the African continent - a platform to demonstrate to the rest of the world Africa’s super powers. Welcome to the ‘new frontier,’ Africa Tech Week, created in Africa, for Africans, by Africans. The event is taking place on the 5th and 6th of May, and we are expecting an excess of 3000 attendees. Everyone is aware that Africa has faced challenges, and it is together that we can solve them. Africa is a hotbed of potential in terms of measuring and testing concepts and ideas. What we lack in capital, we make up for in passion, resilience and a ‘can do’ attitude. Africa T...

28Apr

By Shahina ParvinNo Comments

Some Archaeology Discoveries In Africa

2-Million-Year-Old Stone Tools Discovered: How Were Humans Back Then? Ancient Artifacts and findings in Kalahari. Archaeologists discover new site in East Africa. Medieval Beads: The Truth behind the African Trade Routes. The Oldest Bedding Found in South Africa. South African 'lost city' found using laser technology. The 2021 year. 2-Million-Year-Old Stone Tools Discovered: How Were Humans Back Then? The Olduvai Gorge / Oldupai Gorge in Tanzania has always been one of the most important paleoanthropological sites all around the world. It has given such proofs that paves the understanding of early human evolution. It is because many groups of scientists have been finding hundreds of fossilized bones and stone tools in this area which are from millions of years ago. Ewass Oldupa, the w...

23Apr

By Africa BusinessNo Comments

African News, Business, South Africa News

Baker McKenzie named the Most Responsive International Law Firm in South Africa and 10 other jurisdictions

The Firm has also been recognized in 15 transactional and advisory practice areas across Asia and the Middle East and Africa region. The In-House Community (IHC) 2021 has awarded Baker McKenzie the "Most Responsive International Firm of the Year" in 11 jurisdictions, including in South Africa. The other jurisdictions were China, Hong Kong, India, Malaysia, the Philippines, Singapore, South Korea, Thailand, United Arab Emirates and Vietnam. The Firm was also awarded "Firm of the Year" in 15 practice areas across Asia, United Arab Emirates and South Africa. South Africa won 'Firm of the Year’ for its Antitrust / Competition, Compliance/Regulatory, and Litigation and Dispute Resolution practices. Bruce Schubach, Baker McKenzie’s Head of Operations for Africa, said, “Over the challenges of th...

23Apr

By Africa BusinessNo Comments

Rwanda News, South Africa News, Startups

Africa as a Driver of Technovation

Sustainable digital transformation, applied in the context of startups, tech hubs and big business is what will define Africa as the “new frontier,” enabling actionable inspiration far beyond the continent. Founded in Africa, by Africans, for Africans, the most important tech event of the year, Africa Tech Week 2021, is set to be a platform and springboard for like-minded individuals and thought leaders can catapult themselves into a successful space. A space where digital change and evolution is quite possible. In the words of Elon Musk, the great industry disrupter, “Some people don't like change, but you need to embrace change if the alternative is disaster.” The poll data from Africa Tech Week 2020 showed that out of the 904 registrants that attended the event, only 42.6 were confident...

21Apr

By Africa BusinessNo Comments

South Africa News

IITPSA responds to government policies for digital development in SA

The Institute of Information Technology Professionals South Africa (IITPSA) has welcomed the government’s commitment to strengthening its digital capacity and moving the country into the 4th Industrial Revolution, but has questioned the need for the government to create a new SOE, and the implementation model and costs associated with some of its plans. Responding to the Department of Communications and Digital Technologies’ draft national data and cloud policy, which outlines plans to develop a State Digital Infrastructure Company (SDIC) and High-Performance Computing and Data Processing Centre (HPCDPC), members of the IITPSA Board said this was further evidence of the government’s commitment to digital progress. The plans aim to consolidate excess capacity of publicly funded data centres...

Shaping tomorrow’s innovation: Collaborating with the right VC partner

20Apr

By Africa BusinessNo Comments

Startups

Shaping tomorrow’s innovation: Collaborating with the right VC partner

Early-stage African tech investor HAVAÍC says aligning to startup founders’ interests, allowing management to maintain their independence, leveraging off smart capital and working together towards a mutually favourable exit is the foundation for successful collaboration between Venture Capital (VC) investors and startups. Ian Lessem, Managing Partner at HAVAÍC, notes that for African startups with international ambitions, partnering with professional investment managers with proven expertise, well established networks, and experience in scaling businesses both locally and abroad are non-negotiable. “We focus on bringing about strategic value in the companies we invest. Our approach is very much about solving backwards from the end goals and carefully considering what foundations need to be...

16Apr

By Africa BusinessNo Comments

South Africa News

SA shoppers are online. Retailers need to meet them with an exceptional experience

Consumers are embracing the e-commerce experience in growing numbers and corporate South Africa is taking serious notice, according to Geoff Hardy, Head of Digital, Immersion Group, a global team of experience design experts. Across the globe online sales have surged, while locally online transactions on Black Friday alone grew by more than 60%, and a recent study released by Mastercard found that 68% of South Africans are shopping more online since the beginning of last year. “The Covid-19 pandemic undoubtedly accelerated prevailing trends as well as consumer behaviour and preferences by as much as a decade. This extraordinary industry-wide transformation is a forecast of the future of South African retail,” notes Hardy. He says a solid digital footprint and strategy have become non-negot...

16Apr

By Baker McKenzieNo Comments

Botswana News, Egypt News, Main, Mauritius News, Morocco News, South Africa News

Competition law in post-pandemic Africa a key driver for market participation, consumer protection and fair practices

With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction. According to Lerisha Naidu, Partner in Baker McKenzie’s Competition & Antitrust Practice in Johannesburg, “These efforts were aimed at curbing the persistence of unjustified price hikes, anticompetitive cooperation between competitors and other harmful business practices that sought to undermine competition. In addition to the urgent responses to the unprecedented impacts of the global COVID-19 c...

14Apr

By Africa BusinessNo Comments

South Africa News

How positive debt can help SA’s SMEs grow

Regardless of the size of your company or how great your product maybe, at some point, every business will need more finance than they have immediately available. When this happens, accessing additional funding will help to give your company the fuel it needs to grow. It may seem counterintuitive, but Trevor Gosling, Co-founder, and CEO of Lulalend – financing partner to South Africa’s small- to medium enterprises (SMEs) - explains that fast access to capital plays an important part in any business growth strategy. Gosling says that there is often a misconception that all debt is bad or that it is only used by struggling companies. “In fact, the opposite is often the reason why some of the world’s largest companies, including the likes of Apple and Coca-Cola, routinely seek capital infusi...

13Apr

By Africa BusinessNo Comments

Africa Travel, African News, Mozambique News, South Africa News, travel

Air France extends its operations in Africa as it launches a new route to Maputo and increases frequency

Air France announces today that it will be expanding its operations on the African continent with increased frequency of flights between Paris-Charles de Gaulle and Johannesburg, and a brand-new route to Maputo, Mozambique from 20 June 2021. The flight to Maputo will be a continuation of the Johannesburg flight. Wouter Vermeulen, General Manager Southern Africa Air France-KLM, affirms that Air France remains strongly committed to Africa as a strategic asset in their global network. “Air France is very pleased to announce that we will increase our flights to Johannesburg again and add Maputo to our network starting from June. In recent years, Mozambique has emerged as an important business destination, due to its rich natural energy reserves. We will connect Maputo to all major cities i...