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Importance of insuring valuables
As an individual, there are certain items which mean dearly to you and you don’t ever want to lose. There are possessions you deeply cherish and have fond memories of or those that would be impossible to replace due to them not being available in the market or the cost of re-purchasing them. Certain types
How to manage and grow your money
Accumulating wealth is about more than just earning only money. While a large salary makes it easier to grow your money, it is still never a guarantee for financial security and freedom therefore it is very necessary to save and invest your hard-earned money consistently in order to sustain real financial progress and realise the
Benefits of investing at a young age
When you’re still young, saving and investing are the last things on your mind because of the feeling that one has the entire life ahead and plenty of time to manage finances. Before you let time consume you into thinking it’s too early to start saving, there are a few key reasons as to why
Zambia’s new president promises to rescue economy from ruin
The electoral commission announced on August 12 that Hichilema, a former executive at an accounting firm, had beaten President Edgar Lungu by more than one million votes. Soldiers were deployed on the streets of the capital Lusaka during the vote following sporadic outbursts of violence between members of opposing parties in the run up to
Asia’s wealthiest man is going green but still gets rich off oil
Along the Arabian Sea, the Indian city of Jamnagar is a money-making machine for Asia’s wealthiest man, Mukesh Ambani, processing crude oil into fuel, plastics and chemicals. It’s also where the billionaire is making his newest bet: a $10 billion investment in green energy. In a swath of arid land, to the city’s southwest, Ambani’s
If you are a Microsoft Azure customer, you might want to change your access keys
Researchers who discovered a massive flaw in the main databases stored in Microsoft’s Azure cloud platform have urged all users to change their digital access keys, not just the 3 300 it notified this week. Researchers at a cloud security company called Wiz discovered this month they could have gained access to the primary digital keys for most users
Tiger Brands is exiting Nigeria
Nigerian conglomerate UAC plc has signed an agreement to acquire the minority shares of its unlisted subsidiary UAC Foods from South Africa’s Tiger Brands next month, it said. The purchase is expected to be completed in September, UAC of Nigeria said in a filing published on the website of the Nigerian Exchange Group. UAC of
DiDi dethrones Uber and other ride apps with cheaper prices in South Africa
We tested DiDi, the latest ride-hailing app to launch in South Africa, and found it stacks up well to established players like Uber and Bolt. After initially rolling out in Gqeberha and Cape Town earlier this year, Didi launched in Gauteng on Monday, 23 August. After downloading the DiDi-Rider app from the Google Play Store
PepsiCo announces $1 Million safe water investment in Sub-Saharan Africa
The PepsiCo Foundation, the philanthropic arm of leading food and beverage company, PepsiCo, has launched a new $1 million program with leading NGO and long-term partner, WaterAid to bring safe water to families in Sub-Saharan Africa. This program comes at a critical time as the COVID-19 Delta variant threatens water-stressed communities that have little access to adequate hygiene and sanitation.
A basic guide to start investing – How to build wealth in Africa
Like most developing countries across the globe, a lot of countries in Africa are presenting a raft of exciting investment opportunities across a range of markets. To this end, new research from PwC projects that the value of traditional assets under management in 12 African markets peaked at around $1.098 trillion in 2020, up from a
Women in tech on the rise, but barriers persist
Despite concerted efforts to narrow the gender gap in Science, Technology, Engineering and Mathematics (STEM) education, major inequalities persist. According to UNESCO, women account for a mere 28% of those pursuing STEM careers in Sub-Saharan Africa, below the global average of 30%. On a positive note, South Africa is bucking the trend by producing more female
Tips for growing your career as a female founder
It has been a challenging year for all businesses, and with ongoing turbulence nationwide, it’s clear that the future will also involve challenges. Despite the setbacks, we’ve seen female business owners continuing to push our business community forward, champion women in the workplace, and so much more. I spoke with four inspirational women about starting
SAA starts flying — find out how much it will cost you to fly
South African Airways (SAA) will take to the skies again on 23 September 2021, operating flights from Johannesburg to Cape Town, Accra, Kinshasa, Harare, Lusaka, and Maputo. SAA acting CEO Thomas Kgokolo said they selected the routes where they have performed the best in the past to ensure they create a healthy cash flow. “Our
Land Bank seeks support for split to repay debt
South Africa’s largest lender to farmers is asking creditors to approve a split of its operations in two to help repay debt over the next five years and claw its way out of a default position. The state-owned Land & Agricultural Development Bank is proposing a reorganisation into a corporate and commercial business and a
Ten best airports in Africa 2021
Airports are a critical part of any country's economy. They are frequently the first impression that foreign nationals get when visiting a nation for the first time. As a result, every country has to ensure that their airport provides the best travel experience for all passengers and looks the part as it may be the
The importance of having multiple streams of income
Ithas been often stated that the best strategy for one to be successful is to have multiple streams of income and more people are now feeling the edge to expand their territory through their skills, experience or identifying a gap in the market to reach financial freedom. It is also very important to know that
Standard Bank launches LTE from R69 per month
Standard Bank launched fixed LTE broadband services for its clients on Wednesday, powered by the MTN network. “Fixed LTE allows for a data connection without the physical fibre infrastructure but still offers the benefit of a high-speed data connection,” said Lee Ramsden, the head of sales and distribution at Standard Bank Mobile. “It is important
Top 10 in-demand jobs in South Africa right now
It’s been almost 2 years since COVID hit South Africa and as a result majority of people were affected negatively as jobs and lives were lost. The South African government has identified jobs and skills that are in high demand across business sectors at a national level. As South Africa observes Workers’ Day on 1
Didi suspends plans for UK and Europe launch
Chinese Uber rival Didi Chuxing has reportedly suspended plans to launch in the UK and Europe, as the ride-hailing company faces pressure from authorities in its home market. The company’s plans to launch in the UK and Europe have been pushed back at least 12 months, and staff working on the launch have been told
Telkom launches eSIM support
Telkom Mobile launched eSIM support for its customers on Tuesday. For the launch phase, Telkom will only support eSIM enabled smartphones. eSIM is a digital Subscriber Identification Module (SIM) that is built into devices and cannot be removed. It will allow subscribers to activate a tariff plan from Telkom without having to use a physical