South Africa Archives - Page 27 of 30

24Oct

By Africa BusinessNo Comments

African Mobile Banking sector shows great promise

By Thandisizwe Mgudlwa So James Alt, the risk advisory senior manager at Deloitte Cape Town believes that the big corporate companies utilise innovation to produce cutting edge solutions for new technologies in order to remain market leaders. Where development of these new technologies is outsourced to service organisations, corporates are faced with a set of risks associated with the outsourcing model that need to be managed. Global research confirms that the growth of the African mobile communications market and the continent’s reliance on mobile telephone technology has opened up a market for innovative entrepreneurs to develop applications and tools to improve the lives of people and help companies reach their target markets. At the forefront is the leading role Africa is t...

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...

22Oct

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

POWER-GEN Africa 2012 confirms further Keynote Speaker

Energy Conference & Exhibition focused on sub-Saharan Africa to provide Global Technology for Local Solutions 6-8 November 2012, Sandton Convention Centre, Johannesburg, RSA With under three weeks to go before the inaugural POWER-GEN Africa, it has been announced that the event has secured the participation of Engr. Reynolds Bekinbo Dagogo-Jack, Chairman of the Board of the Presidential Task Force on Power (PTFP) of Nigeria, to deliver an Opening Keynote address at the joint opening of POWER-GEN Africa and the co-located Renewable Energy World Africa on 6 November 2012. Engr. Reynolds Bekinbo Dagogo-Jack is the recently appointed Chairman of the Board of the Presidential Task Force on Power (PTFP), and a member of the Presidential Action Committee on Power (PACP). Prio...

21Oct

By Africa BusinessNo Comments

African News, South Africa News

Majority of Credit Active Consumers Don’t Know Their Credit Score

Personal finance and price comparison website, www.justmoney.co.za, found that the majority of respondents that participated in its poll in July 2012 did not know their credit score. Cape Town, South Africa, October 21, 2012 --(PR.com)-- The results of a poll conducted by Justmoney reveal that many consumers fail to realise the importance of knowing their credit score, also known as a credit record. Almost three quarters (73%) of people polled on Justmoney, South Africa’s online guide to money, said they did not know what their credit score was. The flash poll also revealed that only 18% knew their credit score, while 9% didn’t know what a credit score referred to. “Knowing your credit record is vital, as it is an indicator of your creditworthiness. Credit scores are used b...

20Oct

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

OPIC TO DEDICATE STAFF MEMBER FOR SOUTH AFRICA IN 2013

Will support implementation of US-Africa Clean Energy Finance Initiative JOHANNESBURG, South Africa – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, will dedicate a senior staff member for South Africa in 2013, aiming to leverage the country’s position as a business hub and strategic U.S. partner into new investment opportunities for American and African companies. In the past two years OPIC has made significant efforts to expand its work in Africa, resulting in an extraordinary 300 percent increase in the agency’s commitments to the region last year. Whereas Africa comprised only four percent of OPIC’s global portfolio of loans, guarantees and political risk insurance in 2001, today it stands at a full 22 percent...

18Oct

By Africa BusinessNo Comments

African News, South Africa News

New Hedge Fund Software Expands into the South African Market

TORONTO, Oct. 18, 2012 /PRNewswire/ - Canadian software vendor SGGG Portfolio Systems, SynOps Investment Operations and Deutsche Securities Johannesburg today announced the successful implementation of the SGGG Portfolio System across Deutsche's hedge fund client base in South Africa. Graeme Lappin Director of SynOps commented, "The SGGG system is ideal for the South African hedge fund industry. It is a front office portfolio management tool that integrates the trading, operations and management functions across the company, simply yet extremely effectively. The software has been designed specifically for hedge funds and small to medium sized asset managers, and is available with a highly attractive pricing and licensing structure. SGGG Portfolio Systems and SynOps have a partner...

18Oct

By Africa BusinessNo Comments

South Africa News

Amazon is doing it right

By Thandisizwe Mgudlwa Amazon the American multinational electronic commerce company is developing and is also creating opportunities for many others. And here at home, Amazon South Africa is growing fast, bringing some exciting career opportunities for both developers and skilled tech support staff. The Amazon offices in Cape Town are host to a development team that is focused on software development and technical support for Amazon, including Amazon Elastic Compute Cloud (Amazon EC2), and a support team for AWS users across the globe. The innovative, low-cost and scalable AWS infrastructure is matched by equally innovative support. AWS customers have access to a unique, automated support tool called AWS Trusted Advisor that diagnoses problems and suggests solutions in the ar...

17Oct

By Africa BusinessNo Comments

African News

Frost & Sullivan: Datatec Shows Remarkable Resilience in the Face of Tough Global Conditions

By Samantha James CAPE TOWN – 17 October 2012 - Datatec posted a strong set of interim results as a diversified business profile enabled it to achieve solid growth against the backdrop of a continually weakening global environment. In the six-month period ending August 2012, Datatec managed to grow its overall revenues to $2.62 billion up from $2.44 billion in the 2011 corresponding period. The group's increased exposure to resilient, emerging markets was pivotal in offsetting a marked slowdown, particularly in developed markets. Whilst growth slowed down in all regions, particularly in the second quarter, Latin America was the exception, continuing on a solid growth trajectory. "Faced with strong headwinds in the form of difficult global operating conditions, Datatec has bee...

17Oct

By Africa BusinessNo Comments

African News

Working as a Consultant When Retired

By David Kimberley Retirement doesn't necessarily have to be a function of age, but more a function of choice and capacity. People can choose to still work as long as they want to and are able to, in careers or professions of their choice. The more senior people get in their professions, the more experience they gain which makes them more valuable in their expertise when they are still able to practice their professions well. Many professionals in South Africa are now retired but can still continue being valuable in their professions or areas of expertise in a different career – consultants. This is what Retired Consultants is offering. Retired Consultants understands the value of retired professionals and what expertise they can offer. They know very well how these veterans...

16Oct

By Africa BusinessNo Comments

African News, South Africa News

China in South Africa: media responses to a developing relationship

Chinese Journal of Communication Volume 5, Issue 3, 2012 Special Issue: Media and the State: China and Beyond China in South Africa: media responses to a developing relationship DOI:10.1080/17544750.2012.701428 Herman Wassermana Abstract The formal invitation extended to South Africa by China late in 2010 to join the BRIC formation of emerging economies (Brazil, Russia, India, and China) may be seen as a confirmation of the growing economic ties between China and South Africa. The expanded trade between these two countries allows South Africa an opportunity to meet its development needs. For China, the interest in South Africa as an emerging market forms part of its growing interest in Africa for resources, markets, and diplomatic support. However, this involvement...