Author: Staff Writer
Cloud technology is a crucial enabler for Small and Medium Enterprises (SMEs), assisting them to bolster growth by enabling them to collaborate more efficiently with their partners and suppliers whilst increasing efficiency. One Linkage, a women-owned technology company, has recognised this, and is hosting an upcoming event on 25 May 2023 to delve into cloud technology and its potential to foster growth for SMEs participating in ESD programmes. With a keen focus on innovation and leveraging modern solutions, this event will provide a platform for corporates, ESD practitioners and consultants and incubators to explore the transformative power of cloud technology…
Phuthuma Nathi, the MultiChoice Broad-Based Black Economic Empowerment (BBBEE) share scheme, is looking for shareholders who have not received their dividends between 2006 and 2022. As one of the most successful BBBEE schemes in South Africa, with more than 78 000 Black shareholders, Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Despite our efforts to contact shareholders, there is still a significant number of shareholders who have not claimed their dividends. Some of the main reasons for unclaimed dividends are that shareholders forget to update their bank account and personal details, which…
The Wealth Today and Forensic Risk Alliance announce the Forensic & Restructuring (fore) Summit 2023, set to take place on Tuesday, June 6 in Dubai. The summit will delve into the rapidly evolving landscape of white-collar crimes, sanctions, and corruption, specifically focusing on the role of Big Data and Data Analytics in investigations and prosecution. The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have been leveraging data analytics to detect and prosecute these crimes, and the same proactive approach is expected from companies. The Summit will also explore emerging trends in corruption, including the impacts of…
Eskom notes with concern various social media posts claiming that the country will soon experience a blackout or collapse of the national electricity grid. Eskom refutes these claims and would like to assure South Africans that there are measures in place to avoid the collapse of the power system. Loadshedding is one of these mechanisms. The risk of a national blackout, while inherent to the operation of a large power system, has an extremely low likelihood of materialising given the implementation of a number of control measures, including loadshedding. The grid is by no means at a higher or imminent…
MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab. The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community. The new identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with open next-gen digital solutions through its two distinct businesses, Bayobab Fibre and Bayobab Communication Platforms. “Building the largest and most valuable platforms is part of our Ambition 2025 strategic priorities,” MTN Group CEO Ralph Mupita said. “The…
Born-in-SA insurtech platform Root has expanded into the UK and is enjoying promising growth in a receptive market. Root COO Charlotte Koep says the company’s first foray into global markets is proving encouraging “There is a real appetite across the UK insurance market for a platform like ours, which offers both the technical flexibility to support a myriad of product edge-cases and access to modern, accessible and embedded distribution possibilities – and at pace. “We’re establishing the business in the UK and building strong distribution partnerships. We find big organisations and we help them add value and create value –…
M-KOPA, an African Fintech platform that provides digital financial services to underbanked consumers, has secured $20 million in new funding. Since its inception in 2011, M-KOPA has provided over $1 billion in credit to more than 3 million customers, thereby avoiding 2.2 million tonnes of carbon emissions through clean energy products and allowing almost 2 million individuals to access high quality smartphones, positively impacting over 5.5 million lives on the continent. Having well-defined growth ambitions, M-KOPA has entrusted Standard Bank Group (through its subsidiaries, Stanbic Bank Kenya and Stanbic Bank Uganda) to act as mandated lead arrangers for two…
South African fintech specialist, e4, today announced its acquisition by a consortium of private equity investors, led by an independent private equity fund manager, Infinite Partners. The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion. e4 is a technology company that provides custom, innovative solutions and services, including software development and business automation. With a focus on software as a service (SaaS), e4 leverages its technology expertise to completely transform customer processes, positioning itself as a pioneer of digitalisation in South Africa. For over 20 years, e4 has been building on…
Newly launched Zarcare, an online healthcare platform, wants to provide patients with convenient access to top-notch healthcare services from the comfort of their own homes. Designed to help patients save time, money, and the hassle of in-person medical visits for non-emergency needs, this online healthcare platform offers the added convenience of online access to prescriptions, medical reports, and patient history. “It’s high time we remove the bandage from an unequal healthcare system in South Africa that isn’t adequately equipped to cater to every patient,” says Annie Gwerengwe, Managing Director of Zarcare. “We are on a mission to revolutionise the healthcare…
Woolworths, in partnership with DSV and Everlectric, is the first South African retailer to embark on an extensive rollout of electric panel vans (EVs) to deliver their customers’ online purchases. This move is part of the company’s commitment to reducing its carbon footprint and promoting sustainability in the retail industry. “Last year we announced our commitment to electric delivery vehicles, and we are delighted to now have nearly half our fleet powered by the sun. The new electric vehicles have been introduced on selected routes in Cape Town and Gauteng with further rollouts and extensions into KwaZulu Natal planned to…