South African Business Archives - Page 7 of 7

10Jan

By Africa BusinessNo Comments

Fintech, South Africa News

Fighting Fraud in 2021

The COVID-19 pandemic has had a drastic impact not only on people’s health and wellbeing, but on that of businesses too. This was especially poignant for many companies that had to venture into the online world for the first time. Unsurprisingly, the uncertainty that coincided with the sudden digital migration created the perfect opportunity for fraudsters looking to capitalise on the confusion. In fact, South Africa has the third most cyber victims worldwide, losing R2.2 billion a year, with low investment in cybersecurity and immature cybercrime legislation making the country the ideal target.[i] So, what can companies do to ensure that their business is safe from cyber-fraud in 2021? “The first step towards insulating your business from cyber-crime and fraud is to make sure you’re using...

South Africa on a clear path to benefit from trade in manufactured goods with other African countries

18Oct

By Virusha SubbanNo Comments

South Africa News

South Africa on a clear path to benefit from trade in manufactured goods with other African countries

By Virusha Subban, Partner Specialising in Customs and Trade, Baker McKenzie Johannesburg President Cyril Ramaphosa outlined the country’s Economic Recovery Plan on Thursday 15 October 202o, during which he explained that South Africa imported goods (excluding oil) are worth around ZAR1.1 trillion annually, and that if just 10% of these were manufactured locally, the country would add 2% to its Gross Domestic Product (GDP). Further he said that the rest of Africa currently imported ZAR 2.9 trillion in manufactured goods from outside the continent, and if South Africa could supply 2% of those goods to its African peers, it would add 1.2% to its GDP. The African Continental Free Trade Agreement (AfCFTA), which entered into force on 30 May 2019, will streamline intra-African trade in manufac...

15Oct

By Giorgi MikhelidzeNo Comments

Fintech, Forex

Why is the fintech industry flourishing in Africa in 2020?

South Africa is moving very fast in the direction of the FinTech industry. The country is very determined not to be behind the whole show. They are also relaxing the regulations in order to help the flourishing of the FinTech industry. How South African FinTech development is transforming the foreign exchange landscape In South Africa, several years ago, almost all the Forex market trades were held by telecommunication. Today everything has transformed and 75% of trades are done online. Expanding the culture of financial technology was always important for the SA. Most of the people who are finding themselves in a good financial situation are involved in trading. FX platform development in SA is also helping the economy. The government is supporting the FinTech development in the country b...

Why South Africans Are Setting Up Business in Dubai

29Jan

By Decisive ZoneNo Comments

South Africa News, Startups

Why South Africans Are Setting Up Business in Dubai

The UAE serves as a key location for investors from South Africa. Whether it’s through Dubai mainland or a Dubai free zone, South Africans continue to reach out to UAE business setup advisors and Dubai business setup consultants for their company setup needs. It is estimated that 60,000 to 80,000 South Africans reside in the Emirates, and many iconic South African brands, such as Mediclinic, Nando’s, Standard Bank, Nedbank, Barloworld Logistics, Dimension Data, and SA Airways have established their presence locally. Government Incentives New business setup in Dubai and UAE by South Africans continues to be an important reciprocal strategy for people of both nations. The federal government has encouraged continued confidence shown in the economy and its potential wi...

How can barcodes help your small business? The Benefits explored:

25Nov

By Nicole FerrarNo Comments

Business, South Africa News

How can barcodes help your small business? The Benefits explored:

When you think of barcodes, the first thing that springs to mind is probably shopping at a big supermarket. I bet you didn’t know that barcodes can actually be an invaluable asset to any business, big or small? This is because, while huge warehouse establishments have successfully implemented barcoding systems for years, it was only recently that this technology became a feasible option for businesses on the smaller side. Nowadays it doesn’t matter what the size of your business is, a barcoding system improves precision and makes inventory management systems more efficient and speedier. Buying barcodes in South Africa has never been easier! Here are 5 benefits of introducing a barcode scanning system into your small business and exactly how it can help you thrive. 5 benefits of a barcodin...

10Oct

By Africa BusinessNo Comments

African News, South Africa News

EIGHT OUT OF TEN COMPANIES STEP ON TO THE CLOUD

Johannesburg, South Africa: 11:30am 10 October 2012 – Nearly 80 per cent of organisations either use Cloud computing in their business or are planning to do so over the next 12 months, an audience of South African business executives heard today. Visitors to the Cloud and Virtualization Africa Summit attended a workshop by KeyedIn® Solutions, the global SaaS (Software as a Service) solutions provider and consulting organization that has recently established an office in Johannesburg. The workshop ‘Cloud Computing and the Changes to the Way we see Technology’ was presented by Patrick Coulbourne, VP Channels and Ecosystems and Hugh Muller, Director of Channels and Ecosystems, Africa. Patrick Coulbourne, who has more than 18 years’ experience in the technology space, told his audi...

20Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

Explore business process outsourcing in the South African context and climate at CEM Africa Summit

Explore business process outsourcing in the South African context (Microsoft Word) The anticipated Customer Experience Management Africa Summit will be held in Cape Town from 2 to 3 August 2012. The event will bring together Africa’s industry leaders, and provide a unique platform to build relationships, share ideas and most importantly, to do business. The summit is produced by international business-to-business conferencing company, Kinetic Events. The South African government, together with combination of resources with other South African business advisory and support groups, is committed to actively promoting South Africa as a business process outsourcing destination of choice within the customer service industry. Industry executives and professionals are seeking advic...