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Fintech enablement offers micro merchants’ path to business growth
With an estimated 150,000 micro merchants* in townships, peri urban areas and rural areas, digitalizing small and informal merchants could create significant economic spinoffs for underserved and excluded communities across the nation. Generating R178 billion in annual sales, these merchants serve around 80% of the population. That’s the word from Martin Wright, CEO of Kazang,
Microsoft ERP Catalyst Fund a Game Changer
Kevin Pentecost (Microsoft) and Stuart Scanlon (Epic ERP) at a recent Microsoft product event held at Pablo Clark Racing in Kyalami, Johannesburg Discuss Business Central as a solution for Mid enterprises
Astron Energy Undertakes Major Rebranding of Over 800 Caltex Stations
South Africa’s second-largest petroleum network, Astron Energy, is embarking on a significant rebranding project that will transform over 800 Caltex-branded service stations in South Africa and Botswana. “This rebrand from Caltex to Astron Energy represents the most substantial change in the South African fuel industry in three decades,” Astron’s Communications Manager, Suzanne Pullinger, told Daily
Google Translate Expands to 243 Languages, Enhancing Global Communication
Have you ever been in a foreign country, unable to understand a single word, or struggled with a menu in a foreign restaurant, only to end up with a mystery dish? Google’s latest update to Translate might be the perfect solution for global travellers. With this update, Google Translate now supports an additional 110 languages,
Birdnest Secures Funding for Expansion and Growth in Proptech Industry
Egyptian proptech startup Birdnest has successfully secured an undisclosed amount of funding to expand into new markets and enhance its existing operations in Egypt. The pre-Series A funding round attracted contributions from Beltone Venture Capital and CI Venture Capital, among other investors. While the exact amount raised has not been disclosed, the investment was made
Nigeria’s Kano ascends into the top 1,000 startup cities in the world
For the first time this year, Kano has ascended into the top 1,000 startup cities worldwide. Renowned as the commercial hub of northern Nigeria, the city has experienced a significant rise in startup activities over the past four years, thanks to pioneering tech entrepreneurs and a thriving tech community. Back in 2016, four young individuals
Practical ways to maximise your solar panel performance in winter
As South Africans transition into the colder months, so too do their energy needs and consumption patterns – as well as their solar panel efficiency. “The change in weather, specifically the length of day in winter versus summer, has a direct impact on your solar performance,” says Ross Mains-Sheard, Co-Founder and CEO of Versofy SOLAR.
Lenovo Accelerates Smarter AI for All with New AI Solutions that Save Energy
Today, Lenovo unveiled new comprehensive enterprise AI solutions designed to help any company develop and deploy AI with turnkey services, business-ready vertical solutions and energy-efficient innovations designed to accelerate the practical application of AI. To address AI applications of all types, the expansion includes new comprehensive services powered by NVIDIA through the Lenovo AI Center
An upskilling approach that changes the mindset from a job to a career
Impact hiring is an effective way for companies to show their commitment to positively influencing employment in their communities, and even far beyond their own communities, through business process outsourcing (BPO). Socially responsible outsourcing strategies can make an economic impact in under-resourced communities, particularly in emerging markets that have untapped talent pools. However, there is
Tips for growing ecommerce business owners
In the hierarchy of factors that make ecommerce businesses appealing to consumers, stock availability ranks among the highest. The Online Retail in South Africa 2024 report, a study by World Wide Worx in partnership with Mastercard, Peach Payments and Ask Afrika, shows that 54.8% of South African consumers place a premium on items being in stock
Beyond the bottom line: The unseen costs of ransomware
Ransomware has dominated the headlines for the past two years. As a result, most are well aware that successful attacks can be – and often are – financially devastating for businesses. Typically, these conversations centre around the monetary cost of ransom, and whether it is a worthwhile expense for businesses to shell out. As ransomware
Sungrow Smart Energy Solutions and First Class Aftersales Service Empower South Africans
As South Africa prepares for the rigours of winter, including potential load shedding and blackouts, Sungrow reaffirms its commitment to providing reliable and sustainable energy solutions accompanied by first-class aftersales service. With a proven lineup of products already trusted in the market, Sungrow stands ready to support households across the country in achieving energy independence.
5 THINGS TEMU CAN TEACH E-COMMERCE BUSINESSES
Temu’s disruptive marketing strategy is loud, and it is captivating consumers. These insights and digital marketing techniques from a digital marketing expert will help your business navigate its e-commerce journey. Temu’s arrival in the South African digital arena at the end of January has certainly stirred things up, ramping up ad prices, causing bidding wars, and flooding
Reaping what we sow: Unlocking opportunities for youth in agribusiness
In the past, the agricultural sector may have been accused of not proactively positioning itself as ‘youth-friendly’, failing to present accessible and rewarding career opportunities for most young people. However, this is now changing, as new opportunities within the sector emerge, driven by the advent of technology. This is the view of Mandla Mpofu, Managing
Check Point SecureAcademy and Falcon Business Institute announce cybersecurity collaboration
Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading AI-powered, cloud-delivered cybersecurity platform provider, is pleased to announce a significant partnership with Falcon Business Institute. This collaboration underscores Check Point SecureAcademy’s commitment to advancing cybersecurity education worldwide. As the digital landscape evolves, the demand for skilled cybersecurity professionals continues to exceed supply, with a global shortfall
Standard Bank records an increase in consumers using balloon payments in the last 5 years
A third of Standard Bank’s customers looking to buy a car have opted to include the maximum balloon payment in the past 12 months as South Africans continue to struggle with affordability as a result of high interest rates. “Given the current cost of living crisis, and the 15-year high interest rates in South Africa,
Mama Money partners with Paymentology and Access Bank to launch new WhatsApp-powered Bank Card
Paymentology Expands in Africa New partnership with Mama-Money announced Global issuer processor Paymentology is actively advancing its goal to grow its business in Africa and deepen its African roots with a new partnership announced this week. According to Jeff Parker, Paymentology’s CEO, "Africa holds a special place in Paymentology's heart, as it's where our journey began. We
Why hybrid manufacturing CFOs are increasingly expected to operationalise
The role of the Chief Financial Officer (CFO) in the manufacturing sector is undergoing a significant transformation. Traditionally seen as the gatekeepers of financial integrity and corporate compliance, CFOs in manufacturing are now finding themselves leading digital transformation initiatives. This shift towards a hybrid role that encompasses both financial stewardship and operational leadership is not
Surge in Mobile Money Subscribers in Kenya: New Report Highlights Growth
A recent report from the Communications Authority of Kenya (CA) reveals a significant increase in mobile money subscribers in the country. The third-quarter sector statistics report for the financial year 2023/2024 shows that the number of subscribers on mobile money platforms has grown to 38.7 million, achieving a penetration rate of 75%. This surge is
Mark Zuckerberg Envisions a Diverse AI Future, Criticizes "One True AI" Approach
In a recent interview, Meta CEO Mark Zuckerberg expressed his belief that the future of artificial intelligence (AI) will not be dominated by a single entity. He emphasized the importance of open-source AI tools to democratize technology, contrasting Meta's approach with unnamed competitors whom he accused of trying to create a monopolistic "one true AI."