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BMW Investing in the Future of South African EV Development
Midrand – 3 December 2024: BMW South Africa today hosted a media briefing to showcase some of the new models in their line-up for 2025 and to provide a context to their ongoing investment in the Auto manufacturing industry in the country. The new Automotive Production and Development Programme (APDP)Phase2 white paper, introduced in August
Visa Hosts Successful Demo Day for Second Cohort of Africa Fintech Accelerator
Visa, a global leader in digital payments, announced today the successful conclusion of the Demo Day for the second cohort of the Visa Africa Fintech Accelerator program. This exclusive event took place on December 2nd in Cape Town, South Africa, and provided a platform for 23 innovative fintech startups to present their groundbreaking solutions to
Navigating South Africa’s Auto Insurance Gaps
Business Tech Africa Spoke to Schalk Fischer, Insurance Vertical Sales Leader at TransUnion Africa about the findings of the newly released South Africa Insurance Trends Survey and the Key take-aways for the insurance industry: "South Africa’s vehicle insurance landscape is in a state of flux, reflecting broader shifts in consumer behaviour, financial pressures, and technological
Transit hubs: the new gateway to luxury
As the lines between business and leisure blur, the travel sector is adapting to meet the expectations of a new generation of travellers. The growing emphasis on convenience, luxury, and cultural immersion is transforming transit hubs into destinations in their own right. Global focus on Traveler Wellness Globally, the demand for convenience is reshaping travel
Breaking News today – Tuesday 3 December 2024
Business & Tech News Copper Prices Stabilise on China Data: Copper futures stabilized at around $4.08 per pound in early trade this morning (3 Dec) driven by expectations that there may be fresh stimulus packages announced by Beijing during its key political meetings this month. Chinese authorities skipped the usual readout of their regular November
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How Will Global Mining Investors Take Africa Seriously When African Leaders do not?
The African Critical Minerals Summit opened at the Sandton Convention Centre this morning (2 Dec), reflecting perhaps why mining in African is at a crossroad that might just decide the future of the continent as a whole. Africa sits at a junction where it holds a large portion of the mineral resources that are key
SAMA Discusses SA Healthcare Revolution Through AI
JOHANNESBURG, 30 November 2024 – The South African Medical Association (SAMA) is leading the discussion around harnessing the transformative potential of artificial intelligence (AI) and technology in bridging the access gap in healthcare for millions of underserved South Africans. In a two-day pioneering event titled “Roundtable on AI for the Health of the Nation” held at
eGroupX Launches to Transform Financial and Telco services.
Johannesburg, 30 November 2024: A new player has entered the South African financial and telecommunications sector: eGroupX, a fintech and connectivity group launched to make financial and telco services more accessible and affordable for millions of people who remain underserved. eGroupX brings together a network of successful financial and connectivity businesses to create a comprehensive ecosystem
Breaking News today – Monday 2 December 2024
Business & Tech News BRICS Tariff Threat by Trump: US President-elect Donald Trump has announced that he will impose 100% import tariffs on any BRICS members should they create a rival currency to the US dollar as the basis for Global trade. The currency has been discussed at the most recent BRICS summit in Russia,
TikTok Ad Awards 2024: South African brands shine among regional winners
Last week, the inaugural TikTok Ad Awards 2024 ceremony took place in Dubai, at Upside, marking a significant first for the region. The event celebrated standout brands and agencies across the METAP region, encompassing North and South Africa, the UAE, Saudi Arabia, Qatar, Egypt, Turkey and Pakistan that are setting the standard for creative, high-performing
Black Friday Revenue and Volume Tracker Day-4 Update
Black Friday Revenue and Volume Tracker Day-3 Update Day-4 of the Black Friday week, Gave the week its biggest single day of value yet, with a total of just over R900 million processed via the Eccentric payment channels. Thursdays (28 Nov) total, was up by 6% on that of Wednesday which had also seen an
10 Transformative Insights from Henkel SA’s Inaugural Sustainability Indaba
Following Henkel South Africa's recent inaugural Sustainability Indaba, it’s clear that the commitment to a sustainable future has never been stronger. This landmark event brought together industry leaders, Henkel team members, and sustainability experts to raise awareness on one of the most pressing issues of our time: building a business and a world that serves
Standard Bank Delivers Enhanced Value With 2025 Pricing And Product Updates
Standard Bank has unveiled its 2025 pricing guide, prioritising customer value through competitive pricing and free value-added services. In light of the current economic climate, the bank has minimised fee increases while maintaining stability across several key accounts. For 2025, transactional accounts such as the Sum1 account (R0) and the revamped AchievaTM account (R115) remain unchanged,
Tetra Pak® and Cycliq introduce Africa’s first recycled polyAl-based E-pallet
In a landmark development for the African logistics sector, food processing and packaging solutions company Tetra Pak and Cycliq, a South African plastics injection moulding company, specialising in high-quality plastic pallet solutions have launched the continent's first locally manufactured E-pallet, a modular and eco-friendly innovation set to redefine pallet usage across industries. This breakthrough solution
Nutanix Reports First Quarter Fiscal 2025 Financial Results
Nutanix, a leader in hybrid multicloud computing, has announced its financial results for its first quarter ended October 31, 2024. “During our first quarter we delivered outperformance across our guided metrics,” said Rajiv Ramaswami, President and CEO of Nutanix. “We also continued to bring innovations to the market supporting our vision of becoming the leading platform for
Vodacom Business unveils new cybersecurity report to empower organisations
Vodacom Business has released its cybersecurity report titled Cybersecurity as an Imperative for Growth. The research, commissioned in partnership with Omdia, offers insights into the state of cybersecurity in South Africa, the importance of security frameworks in digital resilience and the latest attack methods adopted by cyber attackers. Joined by industry stakeholders and cybersecurity experts, Vodacom
Takealot opens Distribution Centre in Durban
Takealot, one of South Africa’s leading online retailers, is proud to announce the opening of its Distribution Centre (DC) in Durban. Located within The Brickworks Industrial Park, this cutting-edge facility officially became operational on 20 September 2024, and underscores Takealot’s deep commitment to enhancing its service delivery across KwaZulu-Natal, ensuring faster, more efficient fulfilment for
New Managed-Service Solution bridging South Africa’s IT skills gap
With South Africa facing an IT skills shortage crunch, with businesses opting to hire from a limited pool of experienced developers or outsource their development needs to remote developers internationally at high costs, an innovative model of skills-integration-as-a-service (SIaaS) in the software development industry is busy shaping up to redefine how companies can on-board junior
Brands want your data – How to Monetise your Audience
Retail media networks are a collection of digital channels, like websites or apps, that are offered by a retailer to third-party brands for advertising purposes. They are a type of advertising that uses a retailer’s digital platforms, like websites, apps, or in-store screens, to display ads to shoppers, and these formats are booming worldwide. Walmart