Tag Archives: South Africa

Tech tipping point

New technology often seems fantastic on paper yet has little impact in the life of the average person. A new tipping solution for fuel pump attendants, however, does both. When asked to fill up a fuel tank as motorists do in the movies, few South Africans would know what to do beyond pulling their tank […]

DevConf is back with a bang

DevConf, an exclusive conference dedicated to South African developers returns in April 2022.  The much-anticipated return of DevConf, an exclusive conference dedicated to South African developers, means that once again software developers can gather in-person to network, and be inspired by a range of topics applicable to software development. Run as a virtual event in 2020, DevConf’s founders are […]

Peach Payments expands into Mauritius, serves as key event sponsor at Africa FinTech Festival

Peach Payments is pleased to announce that it has set up an office in Mauritius recently in pursuit of its pan-African expansion strategy. As a FinTech start-up that was set up in South Africa in 2012 and expanded into Kenya in 2018, the company is set to make a significant contribution to the pan-African FinTech landscape […]

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 […]

Startup Genome, City of Cape Town, WESGRO and Silicon Cape Publish 2021 Global Startup Ecosystem Report

Cape Town is featured in the world’s preeminent report on advancing startup ecosystems – ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups […]

How to avoid falling victim to rising vehicle scams

South Africa’s biggest banks are warning customers about a marked increase in vehicle purchase scams. Criminals place adverts for fake vehicles online at hugely discounted prices to lure in buyers hunting for a great bargain. Sameer Kumandan, Managing Director of SearchWorks, an innovative platform which allows consumers to perform live, accurate vehicle searches and valuations as well […]

Safe disposal of asbestos is vital to protect people and the environment

South Africa’s incidence of mesothelioma, a type of cancer that occurs in the thin layer of tissue that covers most of your internal organs, is ranked among the highest in the world. This cancer stems from over a century of asbestos mining and production. Since the 1930s, medical science has recognized the potential dangers of […]

HelloChoice: South African Agri-FinTech Start-Up Secures Major Standard Bank Investment

Leading South African founded and owned Agri-FinTech start-up HelloChoice has announced the finalisation of a major investment from Standard Bank, solidifying its market leading position as the premiere digital fresh produce and agricultural marketplace. HelloChoice is a proudly South African success story, founded in 2018 by Grant Jacobs and Graeme Jarvie, who had a vision to […]

South African Spending: How to keep the country saving

Did you know that the country’s national savings rate jumped from 14.2% in December 2020 to 18% in the first quarter of this year – the highest it has been since 2010 [i]? According to the South African Reserve Bank, this is a reflection of household spending patterns amid the uncertainty around the COVID-19 pandemic. Hennie Blignaut, […]

Low interest rates fueling property buying boom: Finder.com’s economist panel

59% of panellists say the property buying boom will last for at least another year 54% say the boom is negatively impacting the rental market 97% say the SARB will hold the repo rate this week South Africa’s property buying boom isn’t going to slow down anytime soon, according to Finder.com’s SARB repo rate forecast […]

Modernisation means more than simple mechanisation – it means people

By Arjen de Bruin, MD at OIM Consulting The latest figures from Statistics South Africa have revealed that in July 2021, there was a 10.3% year on year increase in mining production, which it has attributed to higher commodity prices and the recovery in the global economy. And while the sector appears to be on […]

Remote work a win for SA ICT professionals

The Covid-19 pandemic brought with it some unexpected benefits for the South African ICT sector, including increased productivity and the potential for employers to reduce their operating costs. This is one of the findings in the first South African ICT Skills Survey to be carried out since the start of the Covid-19 pandemic by Wits […]

Fewer barriers, more opportunities: University of the People is disrupting the traditional higher educational model in South Africa

By: Shai Reshef, President of the University of the People (UoPeople)   University of the People (UoPeople) launched an Education Revolution in 2009 that has exploded in recent years to become the fastest-growing online university in the world. UoPeople’s innovative tuition-free model of higher education is quickly gaining momentum among South African students looking at cost-effective ways […]

Innovative Ideas for a Smart Stellenbosch: Nominations open for the second annual #IdeasForChange Challenge

With steady population growth and rapid urbanisation in the Cape Winelands expected to put severe pressure on the district’s public services[i], Stellenbosch Network has opened nominations for its second annual #IdeasForChange Challenge. In doing so, the organisation invites all people living, working or studying in Stellenbosch and surrounds to submit their innovative ideas towards making Stellenbosch a […]

Collaborating for the benefit of employee mental health

Sir Ian Cheshire Chair, The Global Business Collaboration for Better Workplace Mental Health Before the Covid 19 pandemic hit, mental health was already an issue on the rise around the world, with an estimated 13% of the global population, just short of 1 billion people suffering from some kind of mental illness. In South Africa, according to statistics […]

Vaccine production in Africa key to pandemic-proofing the Continent

The unprecedented speed of development of the Covid-19 vaccines can be attributed to multiple factors including record levels of international collaboration and swift action on the part of many governments and regulatory bodies to provide a conducive framework.    As every nation across the globe faced impending economic doom, massive cross-sector funding materialised, allowing large-scale […]

Your immediate response to prevent banking fraud

If you are like any normal South Africa, you approach intersections labelled high crime or high smash and grab zone with an overabundance of caution and the same applies to any intersection where there are a lot of people loitering around your vehicle. The last thing you want is to become a victim of a crime of opportunity, Close […]

Tech Tools Could Streamline SA’s Vaccine Rollout

Did you know that over three billion messages related to COVID-19 have been sent by governments, non-profits and international organisations to citizens via official WhatsApp chatbots[i]? The South African government was one of the first to harness the power of the platform to share correct, up-to-date COVID-19 information from the National Department of Health, but […]

Energy storage manufacturer expands its operations in Africa

Tesvolt partners with Solarworld Africa Wittenberg, Cape Town, São Paulo, 07/09/2021 – Tesvolt, a manufacturer of battery storage systems for commercial and industrial use, has posted strong growth in the first half of 2021. Alongside high demand for intelligent energy storage systems in Germany, international business is a key engine for growth. Over 40% of […]

Is Johannesburg The City of “AI” Gold?

Recently announced research by the AI Media Group, Cape Town, South Africa, points towards Johannesburg fast becoming the continents Artificial Intelligence (AI) Tech Capital of Africa Launched in early 2018 the AI Media Group set out to create a new hybrid analysis, trade & advisory operation to build one of the largest communities of technology practitioners […]

Fintech Startup SOL announces rebrand with exciting new virtual card offering

SOL unveils virtual card and new brand as it redefines the customer experience SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together with an extensive rebrand and renewed corporate vision. Following a name change to SOLmate, the fintech has launched a new, innovative virtual card […]

Brimstone Posts Solid Interim Results

Group profit before tax up 540% to R430.2 million Earnings per share up 232% to 97.9 cents Headline earnings per share up 230% to 100.8 cents Finance costs down by R151.9 million (58%) Debt reduction of more than R900 million from disposal of the remaining Life Healthcare shares Repurchase of 5.7 million “N” ordinary shares […]