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Protecting IP and Secret Data in the Age of AI
For South Africans, the promise of artificial intelligence (AI) in their everyday lives is a source of near-continuous hype. But for the enterprises implementing AI solutions, there are some important considerations around their intellectual property (IP) and secret data. And with more than 70% of southern Africa’s CEOs making generative AI a top investment priority,
How Small and Medium Businesses Can Thrive in the Digital Age
In today's rapidly evolving business landscape, small and medium enterprises (SMEs) are finding themselves on increasingly equal footing with larger organizations, thanks in large part to advancements in technology. The accessibility of enterprise-grade software and the ability to manage complex business processes are no longer limited to corporate giants. As SMEs harness the power of
Understanding Administration Fees and Employee Benefits in Group Retirement Schemes
Joining a group retirement scheme as part of your employee benefits package is an essential step towards securing your financial future. However, before your contributions are invested, various deductions, including administration fees, are made to cover the costs associated with managing retirement funds. Understanding administration fees and other aspects of employee benefits is crucial for
Treasury and pension funds are racing to meet the three-pot system deadline
The National Treasury has acknowledged that the upcoming changes to the retirement system, which will allow members to access one third of their pension funds before retirement, may encounter initial challenges that need to be addressed post the 1st of September implementation date. During a comprehensive two-hour workshop focused on the introduction of the "two-pot
Key things you need to consider before committing to any form of credit
Unlocking opportunities through access to credit, such as starting a side business, home renovations, or furthering education, is a common aspiration for many. However, the increasing cost of credit, driven by high interest rates, poses challenges in today's economy. In light of this, consumers are urged to arm themselves with essential knowledge before committing to
Finalto South Africa Offers FSCA-Approved Regulatory Umbrella
In the wake of stringent penalties imposed by the Financial Sector Conduct Authority (FSCA) on financial institutions, Finalto South Africa, a leading fintech and liquidity solutions provider, has positioned itself as a beacon of regulatory compliance, offering a FSCA-approved umbrella to local Financial Services Providers (FSPs). Since the launch of its ODP Liquidity Solution in
NCT South Africa Welcomes New Trustees to Drive Growth and Transformation
In a significant move to chart the course for its future growth and impact, the National Children’s Theatre of South Africa (NCT) has appointed a cadre of esteemed trustees, blending local and global expertise to guide the organization into its next phase. The newly announced trustees comprise Ron Kunene, Mpho Mosimane, Makhaola Ndebele, and Andrea
Tarsus Distribution Partners with iiDENTIFii to Revolutionize Identity Verification in SA
Tarsus Distribution, a prominent provider of integrated information and communications technology (ICT) solutions in Africa, has recently inked a distribution agreement with iiDENTIFii, an innovative biometric technology firm based in Cape Town. This collaboration heralds a new era in identity verification solutions on the African continent. The partnership between Tarsus Distribution and iiDENTIFii signifies a
What to expect after the bitcoin halving in April
As the fourth bitcoin halving approaches in just a few weeks, cryptocurrency investors are turning to past halving events to gauge their potential impact on the price. Every four years, the pace at which new bitcoins enter circulation is halved. This is a deliberate measure to curb inflationary pressures that could arise from rapidly releasing
Retailers can capitalize on the 7.2% surge by riding the online shopping wave
The rapid surge in online shopping across diverse demographics presents a compelling opportunity for adaptable retailers to venture into new markets, foster customer loyalty, and amplify their revenues. However, this trend also signifies heightened competition from retail establishments beyond their conventional catchment areas. That’s according to Steven Heilbron, CEO of Capital Connect, who says that online
globalCom launches RAPID CCaaS® for uninterrupted indoor communications in a crisis
globalCom Africa, an innovative communication solutions provider, has introduced its latest cutting-edge offering: RAPID CCaaS® (Crisis Communication as a Service). RAPID CCaaS® stands out as a groundbreaking subscription-based managed service, equipped with the technological prowess necessary to maintain in-building communications, particularly crucial during times of crisis, serving as the nerve center of any organization. David
Africa Code Week and Partners Equip 17 million Youth with Digital Skills
Since its inception in 2015, SAP Africa Code Week (ACW), in collaboration with UNESCO, the Association for the Development of Education in Africa (ADEA), and Irish Aid, has made significant strides in empowering youth across 54 countries. The latest impact results reveal that the initiative has successfully reached 17 million young individuals. Moreover, ACW has
Versofy SOLAR brightens South African entrepreneurship
In many business origin tales, there's the iconic moment of inspiration jotted down on a napkin, or the perfect elevator pitch catching the ear of the right person at the right time. Yet, alongside these legendary successes lie the untold stories of the great ideas that stumbled along the way, the countless hours of cold-calling,
Telkom enriches packages with Prime Video promotions across its portfolio
Telkom's unwavering dedication to delivering outstanding products and services introduces exciting new opportunities for its customers. Starting March 28, Telkom, renowned as South Africa's premier network for value, proudly announced its collaboration with Amazon to provide Prime Video and Prime Video Mobile Edition to its clientele. Under this initiative, customers who opt for a new
Experian Report: SA Businesses Resilient Despite Economic Challenges
Experian's Business Debt Index (BDI) shows South African businesses' resilience amid tough economic conditions. The latest report indicates a slight uptick in Q4, with the index rising from 0.148 to 0.364. This suggests both economic resilience and businesses' ability to manage creditors despite a challenging growth environment. “What has contributed towards improving business health is
Kazang takes the lead in digital transformation in Southern Africa's informal market
Southern Africa’s informal trading market has seen an exponential rise in digital transactions since the lockdowns of the COVID-19 pandemic, with merchants embracing digital payments and acceptance as a means of embracing efficiencies, serving their customers, and growing their businesses. This, in turn, has helped to drive financial inclusion and access to key products and
Are telecom companies window-dressing with certification to avoid thorough audits?
The time has come for South African telecommunication companies to face greater scrutiny. With data prices higher in South Africa than in many other African states, these companies should be more accountable to their customers. Yet this is not happening. It has become clear that some companies prefer vendors to stay in the system despite
AI’s power in redefining cross-border payments in a connected world
As transactions in the global economy continue to cross geographical boundaries, there’s a growing need for tech that guarantees efficient, secure and cost-effective exchanges. Today, the adoption of digital technology is no longer a question of who utilises what, but a reality across the entire fintech spectrum, with around 73% of global banking transactions taking place through
Insights from the BDO Techtonic States Study
In an era of unprecedented uncertainty, the headwinds facing businesses are stronger than ever. Businesses find themselves navigating a complex landscape, where economic shifts and geopolitical challenges loom large on the horizon. In such turbulent times, the key question is not whether change will occur, but rather how effectively leaders can prepare for and adapt
Gartner: Cybersecurity needs Identity & Access Management
According to Gartner, organisations should entrench identity management as part of their cybersecurity foundation. Specifically, security teams can work with identity and access management (IAM) practitioners to invest in IAM programs and create an identity fabric for their organisations. By using an identity platform and developing good IAM hygiene, organisations can counter serious security risks