Author: Staff Writer
Leading beauty and personal care company Avon will partner with Forbes’ Woman Africa Leading Women Summit to participate in this year’s commemoration of International Women’s Day, which will be hosted on March 06 at the Inkosi Albert Luthuli ICC complex in Durban. Avon will join other companies and organisations that have been part of this initiative. Avon will use the event to avail its ubiquitous digital platforms to give women an opportunity to document and share with the world their experiences, success and challenges in line with the 2020 Avon global theme for International Women’s Day, which is HerStory. The…
Cape-based property investment specialist Flyt Property Investment has launched Africa’s first property-backed security token. The Flyt token (FLYT), which resides on the Ethereum blockchain, allows investors to subscribe for, redeem and transfer shares in the Flyt Hospitality Fund, a South African Section 12J fund investing in hospitality property and apart-hotels. One Flyt token is equivalent to one share (which is currently valued at R100) in the Flyt Hospitality Fund. The breakthrough in fund technology has been developed in conjunction with Swiss-based financial technology supplier Bakari. “South Africa has a developed, forward-looking financial sector and it is not surprising to see…
Konga Travel and Tours, a 21st-century lifestyle travel booking agency, has rolled out a special promo offering prospective customers a chance to travel in style with a chauffeur-driven ride to the airport in a Rolls Royce. The promo, which kicks off on Monday, February 10, will run until Tuesday, March 31st, 2020. Equally important, prospective travelers can book their discounted flights online at travel.konga.com or offline in any Konga Travel retail store nationwide. Intending flyers who book their flights during the promo period stand a chance to be selected for the special treatment in the Rolls Royce. Apart from being…
Volkswagen was the biggest winner at the fifth annual Cars.co.za Consumer Awards held at Kyalami Grand Prix Circuit on 6 February. Widely regarded as South Africa’s most definitive automotive awards programme, the Cars.co.za Consumer Awards, which are exclusively supported by WesBank, South Africa’s largest vehicle finance provider, have become a highlight in the automotive calendar since the inaugural event in 2016. The wins at the Consumer Awards come after a record-breaking 2019 where the Volkswagen brand achieved a 20.4% passenger market share, the highest in 23 years, and the manufacturing plant in Uitenhage achieved an all-time record for production in…
Avon Justine kicked off cancer awareness month by recognising Dr Lillian Dube’s efforts to raise awareness of breast cancer in South Africa. The gesture is the first in a series of events that Avon Justine will be hosting in line with its breast cancer promise which outlines the importance of ensuring that all women in the country know about breast cancer and understand their screening options. A global breast cancer study by Avon in numerous countries, including South Africa reported that only 2 out of 5 women know the early signs of breast cancer. “This indicates that there is still…
Dot, an India-based offline-to-online (O2O) commerce and FinTech startup, announced on Thursday it has raised $8 million (R119 million) initial seed funding from Prosus-owned PayU. PayU, an online payments service provider in India and 17 other high-growth markets across the world, also announced recently the creation of a new digital lending leader in India. For more read: Prosus’ PayU To Invest R2.8bn In A New Credit Business In India These transactions reinforce Prosus’s long-term commitment to India, having invested close to $5 billion in its Indian operations and partner companies over the past five years. In addition to the investments…
The South African Revenue Service (SARS) has embarked on a journey that will see it embrace technological advancement. In a statement issued at the weekend, SARS said in the foreseeable future, its work will be informed by data-driven insights, self-learning computers, artificial intelligence and interconnectivity of people and devices. The revenue service is now also embarking on a recruitment drive to get skilled personnel that will help it fulfil its tech revolution goals. “SARS’ workforce will be empowered to optimally function within this exciting changed and changing world of work,” the revenue collector said. SARS Commissioner Edward Kieswetter said SARS…
The Hawks in Port Shepstone, KwaZulu-Natal on Tuesday arrested three suspects on the N2 after they were found in possession of reportedly stolen cellphone network batteries. The arrests were made by the Hawks Serious Organised Crime Investigation and Port Shepstone K9. In a statement, spokesperson Andrea Naicker said the Hawks pounced on the three after receiving information of a van travelling on the N2 to Port Shepstone loaded with a number of cellphone tower batteries. “The Hawks together with the Port Shepstone K9 and LCRC immediately responded to the information and the bakkie in question was located around the Hibberdene…
Karpowership, one of the world’s largest powership firms, has submitted a plan to South Africa to provide “several” ships capable of plugging a severe power shortage in the country, Reuters reports. Karpowership has submitted a proposal, its global sales director Patrick O’Driscoll told Reuters on the sidelines of the African Mining Indaba. O’Driscoll suggested its plan could be cheap compared to the diesel-fired peaking power stations Eskom regularly uses to keep the lights on. Karpowership is the only owner, operator and builder of the first Powership (floating power plant) fleet in the world. Since 2010, 22 Powerships have been completed with total installed…
Cisco has today announced the appointment of Reem Asaad as its new vice president for its Middle East and Africa region. With over two decades of experience across industries including technology, financial services, customer experience, Asaad’s role will focus on strengthening collaborations with governments, customers and partners, underpinned by Cisco’s portfolio of advanced solutions to accelerate their digitization agendas. “Reem has a wealth of experience in business leadership and strong understanding of the digital transformation landscape. I am confident of Reem’s ability to empower our workforce and help regional businesses address their challenges,” said Wendy Mars, president of Cisco’s Europe,…