South Africa Archives - Page 5 of 30

SAFPS to launch a ground-breaking platform to combat fraud

10May

By Africa BusinessNo Comments

South Africa News, Tech

SAFPS to launch a ground-breaking platform to combat fraud

Traditionally, South Africa has been a popular country among fraudsters looking for every opportunity to try and find their next victim. Statistics from the Southern African Fraud Prevention Service (SAFPS) point out that there was a 600% increase in incidents reported by their members in 2022 when compared to 2018. "The Southern African Fraud Prevention Service (SAFPS), in its role as the South African custodian of fraud prevention, has decided to take decisive action to tackle the problem that scams are posing to our economy. Over the years, the SAFPS has rolled out several important communication campaigns that aimed to educate South Africans about the various frauds and scams they can become victims of. However, the challenge is that reporting a scam – while important – is a reactive ...

Innovation and investment: Key to the growth of the African transport and logistics sectors

6May

By Africa BusinessNo Comments

South Africa News

Innovation and investment: Key to the growth of the African transport and logistics sectors

Transport Evolution Africa Forum & Expo to address key challenges, opportunities and solutions for the improvement of ports, rails and roads in Africa The transport industry in Africa has evolved in recent years due to advancements in technology, changes in trade patterns, and through the emergence of new players in the market. Whilst the industry still faces challenges – infrastructure deficiences, insufficient investment, and inadequate regulatory frameworks – transport remains a critical driver of economic growth in Africa, contributing 6.5% to South Africa’s GDP alone in 2022.[1] Addressing the challenges, opportunities and innovative solutions for the transport sector across Africa is this year’s Transport Evolution Africa Forum & Expo, taking place from 20-22 September 202...

The Future of African Tech: 7 Key Takeaways from Sentech Africa Tech Week

6May

By Africa BusinessNo Comments

Events, Tech

The Future of African Tech: 7 Key Takeaways from Sentech Africa Tech Week

An inside look into Africa’s biggest tech conference Sentech Africa Tech Week 2023 welcomed over 400 guests to the Century City Conference Centre in the host city, City of Cape Town, for another exciting chapter in the continent’s innovation conversation. Those guests were treated to deep thoughts on the solutions to Africa’s many problems from 60 expert speakers who shared knowledge and insights from their specific domains. Getting in tune “I’m a musician because of the computer. I love the engineering that goes into it and that’s why I had to go back to my community to teach the kids and help them understand the world that I love, so that they can have the same or better success,” said musician, tech CEO and innovator will.i.am in conversation with Leanne Manas in the continent’s ...

24Apr

By Africa BusinessNo Comments

South Africa News

Convergence of cyber and physical security presents new challenges: New approaches needed to tackle cyber and physical security holistically

By Richard Frost, Head of Product: Cybersecurity at Armata With South Africa being the sixth most targeted country worldwide regarding cyber attacks, it’s no surprise that organisations have to put numerous steps in place to protect their networks and data. This is all the more crucial in a world where we have legislation such as GDPR and PoPI that dictate how people’s data can be stored, used and transmitted, with harsh financial penalties for those found in contravention. More companies are investing in network and data security solutions and being proactive in preventing breaches by carrying out active threat hunting, while there’s also a growing effort to separate Information Technology from Operational Technology as an additional security measure. With more investment into network ...

Air France Unveils New Business Class Cabin On Flights Between Paris and Johannesburg

3Apr

By Africa BusinessNo Comments

South Africa News

Air France Unveils New Business Class Cabin On Flights Between Paris and Johannesburg

Air France has unveiled its new long-haul Business cabin, elegantly reasserting the French-style art of travel. Constantly striving to offer the highest level of comfort, the airline’s completely redesigned iconic seat features even more enveloping curves and extra comfort. Air France is introducing a new standard dedicated to this travel cabin. Progressively rolled out on 12 Boeing 777-300s, the new cabin will serve South African travellers flying Air France between Paris and Johannesburg. With attentive service, gourmet cuisine designed by French Michelin- starred chefs, a carefully selected wine and champagne list and a wide selection of in-flight entertainment, the journey can begin. A PRESERVED SPACE The 48 spacious seats in the cabin are based on the 3 “F”s: Full Flat...

Strategies for water efficiency and continuity in South Africa

27Feb

By Africa BusinessNo Comments

South Africa News

Strategies for water efficiency and continuity in South Africa

Loadshedding in South Africa has become the norm and will continue for at least two more years but another problem has arisen due to these prolonged blackouts and that is an interruption in water supply. When the stages of loadshedding are higher (stage 6 and 8) and there is no electricity for four hours or more the critical pipelines and water pump systems are interrupted. The reservoirs rely on a continuous flow of pumped water and when there is a prolonged period of no electricity at one time, as in 4 hours or more, the continuous flow is interrupted and the reservoirs are not able to fill up quickly enough. The worst affected areas are the high lying areas as their water needs to be pumped up hill. Gauteng is a case in point due to the high elevation difference between the Vaal dam ...

New outlook on skills development can solve CTO headaches and fast-track coding careers in 2023

23Feb

By Africa BusinessNo Comments

South Africa News, Tech

New outlook on skills development can solve CTO headaches and fast-track coding careers in 2023

By Jessica Hawkey, Managing Director at redAcademy As 2023 begins in full swing, we can all be forgiven for feeling as though we have been on a seemingly endless roller coaster during the past year. However, despite the surprises and shocks, one thing remained consistent throughout 2022 and is predicted to be one of the most pressing challenges in 2023, for C-suites trying to keep up with a rapidly digitizing world: there has been and will continue to be, a chronic IT skills shortage, especially a shortage of work-ready software developers. Of course, this is a tragedy because alongside the software skills shortage is a crippling unemployment rate, especially among young people, while from a business perspective, C-suites in general, and CTOs in particular, are being hamstrung in fulfil...

Tough times ahead as South Africans face financial crisis

25Jan

By Africa BusinessNo Comments

South Africa News

Tough times ahead as South Africans face financial crisis

Many South Africans face the prospect of a tough 2023. Inflation is the highest it has ever been, and the repo rate has steadily risen with more increases expected in the near future. Further stress is applied to the majority of consumers through (regular) significant increases in both petrol and diesel prices which not only impact car owners but also have a knock-on effect on the price of other items such as food and transport. “All of these increases have negated the financial relief initially offered by the rate reductions of 2020,” said Steyn. “Our concern is that South Africans are now feeling the brunt of these increases, with rising living costs eventually influencing the number of consumers forced to default on their debt payments. Increasing numbers of defaulters may in turn incr...

South African proptech leaders Flow secure $4.5 million in funding to enable the global property industry

19Jan

By Africa BusinessNo Comments

Real Estate, South Africa News

South African proptech leaders Flow secure $4.5 million in funding to enable the global property industry

South African proptech innovators Flow have secured $4.5million (+-R78 million) in funding at the conclusion of their pre-Series A investment round - the single largest investment in the country’s proptech sector at that stage and amongst the highest in African proptech funding history. The investment will see co-founders and co-CEOs Gil Sperling and Daniel Levy drive the business’s B2B growth strategy, integrating the power of the astute Flow social media-driven real estate marketing platform into existing international property portals and CRM platforms. Levy and Sperling previously founded adtech and performance marketing company Popimedia, the largest buyer of Facebook media inventory in Africa for some of the world’s biggest brands. Popimedia was acquired by global communications gro...

3Jan

By Africa BusinessNo Comments

Business, South Africa News

Resilient SMEs will thrive in 2023

By Garth Rossiter Chief Risk Officer, Lulalend The past year has not held much for the SME sector to celebrate, but I expect 2023 to be a year of growth and recovery. 2022 saw the end of COVID-19-related restrictions but, at the same time, we also experienced some of the worst levels of load shedding ever. It has been a very difficult year for a sector that is widely considered to be the engine driving the SA economy. It is the resilience of SME owners that kept the doors open and the tills ringing. Higher inflation and increasing interest rates also meant that it was becoming increasingly difficult to have any kind of disposable income with which to invest or grow a small business. This year, SMEs struggled to access the lifeblood that keeps them going – cash flow. This will be a dete...