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Stats SA – Census 2022 Release Concerns Persist
Stats SA provided a further update on the very late release dates for the 2022 census figures. Now, more than 2-years after the completion of the study. Stats SA have still not released all the data and have now made the decision not to release 5 large segments of the census data due to irregularities
Breaking News today – 22 August 2024
Business & Tech News Qatar Buys SA Airlink Stake: Qatar Airways has purchased a 25% stake in South African regional carrier Airlink, marking a significant expansion of its operations in Africa. The investment aims to strengthen the existing code-sharing partnership between the two airlines and boost Qatar Airways' presence across the continent. Badr Mohammed Al-Meer,
Advent International to invest in SYSPRO
Advent International (“Advent”), one of the world’s largest and most experienced private equity investors, today announced that it has entered into a definitive agreement to invest and acquire a majority ownership stake in SYSPRO, a leading global ERP software provider for the manufacturing and distribution industries. Founded in 1978, SYSPRO currently employs around 400 people globally
African Growth Threatened by Cyber Security Deficiency
The combined Gross Domestic Product (GDP) of the African continent has increased more than fivefold over the past 20-years. Much of this has been driven by improvement in internet connectivity in supporting a massive growth in the digital economy. With an estimated 60% of Africans or 700 million people remaining unconnected projections are for massive
Debt Review: The good, the bad, and the ugly
Debt review can be a lifesaver for those drowning in debt, but it's not a one-size-fits-all solution and it isn’t a decision that should be entered into lightly. Approach it cautiously and understand the implications fully, advises Atlas Finance Risk Director, Niresh Gopichand. “Understanding debt review and loan consolidation is important. For many, a consolidation
Solar Mining Services acquires majority stake in ProBlast BS
Solar Industries, a global leader in the design, development, manufacture, and application of energetic materials, is pleased to announce that its South African subsidiary, Solar Mining Services, has acquired a majority stake in ProBlast BS . Established in South Africa in 2015, Solar Mining Services offers world-class capabilities in bulk emulsion explosives, accessories, and delivery
Business School – Customer Experience(CX) Mapping
If you are a business Entrepreneur or a business owner and are not paying attention to your customer experience and their experience needs and pains, you may just be missing a key ingredient to building a successful business. In today’s digitised world one would think that Customer Experience or CX, should be handled competently and
Breaking News today – 21 August 2024
Business & Tech News Gana Refinery Project Breaks Ground: Yesterday saw Ghanaian President Nana Akufo-Addo, attending a ground-breaking ceremony, at the construction site of a 300,000 barrel-per-day oil refinery, in the south-western city of Jomoro, that will turn the West African country into the region's petroleum producing hub. Ghana, became an oil producer in 2010
4th Annual Mpumalanga Tourism Expo: Here is what to expect
As we approach the official Mpumalanga Tourism Expo event, the Mpumalanga Tourism department recently gave an idea of what the annual event will be looking like, and Business Tech Africa was in attendance at the official media launch and received all the relevant information. Taking place in Mbombela, Mpumalanga, the 4th Annual Mpumalanga Tourism Expo
City of Cape Town’s R460 Million Job Investment
The City of Cape Town Expanded Public Works Programme (EPWP) continues to act as a vehicle for jobseekers in Cape Town to develop skills in the current financial year and has committed to increasing the focus on training and skills development. According to the City of Cape Town management, over R460 million is being invested
Experience the Future of Energy and Control with TCL Smart Home Solution
In a world increasingly driven by technology, TCL remains committed to one core mission: bringing joy and simplicity to users through thoughtful innovation. This philosophy is the cornerstone of TCL's Smart Home solution, where technology isn’t just advanced—it’s purposeful and intuitive, designed to enhance everyday living. TCL's Smart Home solution represents the future of energy
Financial Literacy – Rethink-Rands Launch
20 August 2024, Johannesburg: PrimeStars a leading youth development and education organisation focused on supporting public schools across South Africa, today announced the launch of an exciting new community empowerment and educational program named Rethink-Rands, hosted by the Johannesburg Stock Exchange. According to Martin Sweet, MD of Primestars, 75% of take-home pay South Africans earn
Nedbank Pitch & Polish entrepreneurs narrowed down to 16 to compete for R1 million prize
After a record 1 400 entries were received for the 2024 Nedbank Pitch & Polish Entrepreneurial Competition, 16 entrepreneurs have been shortlisted for a shot at securing a business upliftment prize worth R1 million. As in previous years, there is a broad mix of business types among the entries, including innovative tech start-ups, salons specialising in the treatment
SAS and Commonwealth Secretariat to foster AI skills in small states
The Commonwealth Secretariat and data and AI leader SAS will collaborate to build a more diverse, global AI workforce by bringing AI software and computing resources to Commonwealth countries. A donation of SAS software, computing capacity and training, with a combined value of US$10 million, includes AI capabilities and content that will not only help higher education
Scammers turn to phone calls as banks clamp down on fraud
The banking industry has noted an increase in clients who have been duped by fraudsters posing as bank officials, tax officials or investment companies. In response, Standard Bank has now invested in new technology to caution and protect vulnerable consumers. Data from the South African Banking Risk Information Centre (Sabric) shows that vishing (where scammers
Uncertainty rises as the local agriculture sector faces increased risks
In recent years, the global agriculture industry has faced significant supply chain challenges. From geopolitical upheavals to the far-reaching impacts of the climate crisis, maintaining stability has become a hard task. South Africa has not been immune to these hurdles – with the added pressure of having to navigate a number of unique challenges such as loadshedding and infrastructure limitations. These disruptions have driven up costs
How African Women are Redefining Entrepreneurship and Building a Brighter Future
The statistics are compelling: Africa has the highest proportion of female entrepreneurs globally, and the numbers in South Africa are a testament to this dynamic change. The entrepreneurship rate for women on the continent has increased to 25.9%, with 1 in 4 women running their own businesses. Africa's high number of women entrepreneurs is deeply rooted in economic necessity,
Breaking News today – 20 August 2024
Business & Tech News Central Bank Reopens: Libya's central bank has resumed operations following the release of a bank official who had been abducted from his home on Sunday. CBL confirmed the release of Musaab Muslamm, head of the bank's information technology department, who was taken by an "unidentified party." It said Mr Msallem had
Business School – The Power of Inversion Thinking:
First of all, what is inversion thinking? It’s a problem-solving technique where you tackle problems backward. Instead of focusing on success, you identify what leads to failure and avoid those actions. This leads to a faster & easier decision-making process. The Stoics had an exercise called “premeditatio malorum” that applied this model The goal was
Waza Wins Expansion Funding
Waza CEO Maxwell Obi & CTO Emmanuel Igbodudu Waza, is a payment and liquidity service Fin-tech platform that has recently raised $8 million in seed money, claims to make it easier for African businesses and traders to manage and pay their suppliers globally. The company is targeting a large $7 trillion payment market that has the potential of