The Protection of Personal Information Act, 2013 (POPIA) came into full effect from 1 July 2021. The Act is the comprehensive data protection legislation that obliges organisations to lawfully process the personal information of data subjects (both natural and juristic persons) by applying specific principles and conditions. But how will it affect the payments space […]
Tag Archives: South Africa
From Financial Access – to Financial Health By Sakhile Mabena, CEO, OFIN, a fintech startup specialising in Behavioural Data Analytics, Financial Process Automation, Behaviour-based Financing and SME Behaviour Nudges There is currently a revolution in the space of financial inclusion, with around 70% of people worldwide now having access to financial services, up from just […]
Youth Employment Service (YES), in collaboration with Metropolitan GetUp and Ford SA, has launched the Youth Content Collective (YCC) – a platform that connects talented black South African content creators with businesses, so that these young individuals can earn a meaningful living from their creative abilities. YCC launch: From left to right: James Boulton (Marketing […]
While legislation and the introduction of new regulations aim to combat fraud and corruption, South African businesses have the power to fight financial crimes by ensuring consistent Know Your Customer (KYC) procedures are in place. This is according to Sameer Kumandan, Managing Director of SearchWorks, South Africa’s largest innovative data aggregation platform. SearchWorks allows users to […]
We are all familiar with the saying in business that “cash is king” and, if that’s the case, then cash flow is the lifeblood of any business. For small or mid-size businesses, cash flow is a critical component of success. Profits are meaningless without it. The harsh reality is that SMEs who don’t exercise good cash flow […]
The recent cyber-attack on Transnet is a serious wakeup call and a reminder that, in the technology age, no company is safe from cyber criminals who are trying to disrupt operations or steal personal information. While Transnet was dealing with its cyberattack, Macsteel – one of South Africa’s largest steel suppliers – faced a similar […]
Mining is a hazardous occupation with elevated risks of injury, and the emphasis placed on health and safety has never been greater. G4S has a proud history of providing security at some of the world’s biggest mines. Our mining security solution has evolved over many years, from access control to a far more holistic approach. […]
Fraudsters do not discriminate. As we continually move towards the adoption of a digital and more importantly ‘touchless’ era, the platform for fraud increases. Fraud is a fraudster’s business and they often use the same business tactics we use in legitimate business, the difference being that they don’t have customers, they have victims. Thanks to […]
South Africa’s first tourism and hospitality industry Covid-19 workplace vaccination site will open at Sun City Resort’s Convention Centre, where the resort aims to vaccinate 7 500 people in three phases. “We will start with Sun City staff, service providers and concessionaires, before offering the vaccine to their family members, and finally, to all those […]
South Africa could face a dystopian technological future, unless moves are made to harness technology for societal good now. This is according to Johan Steyn, chair of the Institute of Information Technology Professionals South Africa (IITPSA) Special Interest Group on AI and Robotics (SIGAIR), who was speaking at the IITPSA Gauteng Chapter AGM this week. Steyn […]
South Africa is in the middle of one of the most tyring times in the country’s history. Unemployment was on the rise which will only worsen in the aftermath of the current situation. In addition, tensions are boiling over turning into violent acts and destruction which are currently disrupting society. This includes bank ATM’s and […]
A new paper on Cerebral Palsy, published in the South African Medical Journal, challenges commonly held views on the subject and suggests that the causes of this tragic condition may be far more complex and multi-faceted. Commonly held assumptions that CP arises as a direct result of preventable adverse events during childbirth inform the current […]
Virtual pitching event to occur on 13 July, register to attend The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year. With more than 200 applications from startups with high impact justice innovations, HiiL has selected […]
Finance Minister Tito Mboweni recently said that communities and businesses are becoming increasingly intolerant of municipalities that can neither deliver basic services nor conduct their administration effectively[i]. With lack of employee capacity being one of the root causes of poor service delivery[ii], Kyle Oosthuizen, Chief Operating Officer at Blue Robot, believes that chatbots could be a solution. […]
VerPay enables verbal commerce as businesses adapt to serve their customers in contactless ways As South Africa enters its third wave and lockdown restrictions tighten, certain businesses – such as those in hospitality – once again find themselves having to temporarily close their doors, while seeking alternative avenues to generate income, such as take-aways. “The […]
TinSky Connect (PTY) LTD today announced that it is now offering the Intelsat FlexMove managed service for ubiquitous, high-speed connectivity. With FlexMove, TinSky Connect’s customers can easily connect to the internet, private data networks and cloud services from virtually anywhere in the world, including while on-the-move, or on-the-pause at a temporary site. “With the Intelsat FlexMove service, […]
A new paper on Cerebral Palsy, published in the South African Medical Journal, challenges commonly held views on the subject and suggests that the causes of this tragic condition may be far more complex and multi-faceted. Commonly held assumptions that CP arises as a direct result of preventable adverse events during childbirth inform the current […]
Taking place in Cape Town, African Energy Week 2021 ensures Africa-focused events benefit African tourism and associated sectors. African concerts, sporting events, and even oil and gas events are beginning to take shape in 2021 after a significant period of inactivity due to COVID-19 restrictions. African cities including Cape Town in South Africa and Dakar […]
Mining has had a larger impact on shaping the South African economy than any other sector. It transformed a predominantly rural economy into an industrial one. It resulted in the development of Kimberley, Johannesburg, and other cities. It attracted massive amounts of foreign cash. It required the creation of stock exchanges, colleges, and other contemporary […]
The supply chain sector, and the adjacent global freight and transport spaces, are complex as well as crucial. A reliable supply chain prefigures a nation’s overall economic competitiveness and is a key enabler at the macro-economic level, as most other industries rely on the inflow of various goods. Since last year, the Covid-19 pandemic has […]
A concerning number of South African companies are not prepared for the inevitability of a cyberattack despite the significant financial and reputational risks, according to Ryan Mer, Managing Director, eftsure Africa, a Know Your Payee™ (KYP) platform provider. “Too few senior managers view cybersecurity as a business problem and not just a technology problem. The reality is cybersecurity […]
Following a pre-Series A round of USD 3 million, Webrock, the investment company that brought the number one digital health app in Brazil to South America, and Healthforce, a digital health company majority-owned by South Africa’s leading retail pharmacy chain Dis-Chem, will be taking the cutting-edge technology behind the second most downloaded doctor app in Europe, Doktor.se, to Africa. Doing […]