Author: Staff Writer
To improve the quality of general and specialised police investigations, the government will be establishing a Crime Detection University in Hammanskraal, north of Pretoria. This was announced by President Cyril Ramaphosa on Thursday evening when he took to the podium in Parliament to deliver the State of the Nation Address. He said his plans for investment and growth in South Africa would require a safe, stable and crime-free environment. “It is fundamental to the aspirations of all our people to live in security, peace and comfort,” the President said. He further said that police visibility, effective training and better resourcing…
The news has reached us that Billcrypt is reaching the final phase of his ICO, with which he intends to raise funds for an ambitious project that we are going to talk to today. We are going to try to explain carefully what they offer us, step by step, as to some extent it can be complicated. What problem existed? For Billcrypt there is a big problem of disconnection between several sectors that should be working together in the blockchain sector. Partly because we have companies that have detected a need for blockchain-based services, or simply at some point need…
Canadian entrepreneur, Mike Quinn, is all set to reveal what it takes to pioneer a tech start-up in Africa with the upcoming release of ‘Failing to Win’, a candid recollection of his time spent building Zoona, a billion-dollar company on a quest to create A Cashless Africa. “’Failing to Win’ is my honest glimpse inside the black box of pioneering a start-up in Africa and the journey I took towards connecting impact investors with purpose-driven African entrepreneurs,” says Quinn. “It’s been incredible to watch Africa’s tech start-up wave grow over the past couple of years, and I am hoping that my book can…
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…