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The Importance of e-Wallets in Online Gaming

Mobile wallet
Mobile wallet. Denys Prykhodov / Shutterstock.com

Online gambling must keep up with current trends to satisfy their casino members and attract new ones.

The best online casinos do this by offering the best games equipped with updated technology, competitions and free bonuses for new and existing members. However, they also attract customers with multiple payment methods.

The more payment methods they can cater to, the more gamblers they will satisfy and appeal to. One of the ways they do this is through offering e-wallet payment options.

What Is an e-Wallet?

Once upon a time, before the internet, we used bank accounts to store our money and savings. Obviously, this still happens today but technological advances and the introduction of cryptocurrency has changed that. Now we can be our very own bank manager with a crypto e-wallet or use other websites offering e-wallets. These are a type of electronic bank account and are not necessarily restricted one country. Just like a regular bank account, they can be used to make electronic payments, deposits and money can be sent to other e-wallet accounts.

Do Most Online Casinos Use Them?

The best online casinos will offer players e-wallet depositing and withdrawing options. For example, InTouch Games own online platforms such as mFortune Casino and offer their online gamers the chance to use PayPal, probably the world’s most well-known e-wallet and alternative banking option. Some video games also offer their gamers the chance to make in-game purchases using e-wallet payment methods as well.

What Are There Benefits in Online Casinos?

So, why do online casinos need to adopt e-wallets? What benefit does it serve to them?

Really, the benefit of accepting e-wallets on their platform has no significant advantage to the casino directly, but benefits their players, which comes back to promoting the online casino.

The benefits of e-wallets for players are:

  • Convenient payment options
  • Enhanced security – but not always. Getting a reliable and secure e-wallet requires research
  • Cheaper (in some scenarios). Crypto wallets are decentralised and make transactions cheaper for everyone.
  • Quicker transactions compared to traditional banking methods. This is especially the case when it comes to withdrawals. Conventional banks may take multiple working days to process your withdrawal, but an e-wallet can execute your transaction almost instantly.
  • It helps gamblers keep track of their play by using an e-wallet dedicated to their gambling, thus contributing to gambling awareness and keeping people gambling safely.

It has been found that millennials and younger gamblers prefer to own e-wallets over cash and bank cards. On the whole, this means if online casinos can cater to the generations who are more likely to enjoy their games, they can increase their members and grow their business.

An online casino that offers e-wallet payments may appeal to a wider market and benefit significantly. Considering online gaming and online gambling is a crowded industry, small inclusions like these can make a significant difference for gamers.

Sasol and Mozambican Government Collaborate to Help Create Jobs

Sasol and Mozambican Government collaborate to help create jobs
Sasol and Mozambican Government collaborate to help create jobs

Sasol has reaffirmed its partnership with the Government of Mozambique to deliver on its socio-economic development strategy focusing on the creation of self-employment opportunities for local nationals.

In 2017, Sasol committed to contributing towards the training and development of Mozambicans nationals through an all-inclusive bursary, artisans and learnership programmes focusing on economic growth stimulation, community transformation and the creation of meaningful job opportunities and careers in Mozambique.

According to the World Bank’s Mozambique Jobs Diagnostic findings report for 2018 “good jobs” in the country “are not expanding fast enough to absorb the growing, better-educated labour force”.

The report reflects that “unless this changes, poverty reduction will be slow and the ‘demographic dividend’ will be squandered”.

The report summary also states that “jobs can be improved through linkages in the labour, product and capital markets”.

However, “whether in self-employment or in wage jobs, better jobs require capital, technology, market access, scale and agglomeration economies,” it adds.

As a means to respond to the report and to help increase the pipeline of skilled professionals in the country, enabling industrial growth and socio-economic development, Sasol handed-over the second batch of 40 tool kits for startup businesses to the Ministry of Labour, Honourable Dr. Vitória Diogo.

The first batch of tool kits was delivered last year (2018).

Sasol is confident that the tool kits will go a long way in supporting the Government’s efforts to enable self-employment opportunities.

Sasol and Mozambican Government collaborate to help create jobs
Sasol and Mozambican Government collaborate to help create jobs

Other Sasol Mozambique Programmes:

In 2019, Sasol held a soil turning event for the construction of the Inhassoro Training Centre (ITC). Through this programme, Sasol has been providing world-class technical training to Mozambican nationals, equipping them with critical skills in the disciplines of: civil Engineering, Scaffolding, Welding, Boiler-making, Pipefitting and other specialised construction trades including Industrial mechanical, Industrial electrical and Production.

  • In 2017, Sasol pledged to support the Ministry of Labour’s efforts to further enhance the skills and capacity of its labour inspectors and last November, Sasol hosted the first group of labour inspectors at its Central Processing Facility (CPF) in Temane as part of this capacity-building programme.
  • In 2016, Sasol in collaboration with the Eduardo Mondlane University and other partners, developed and rolled out a first-of-its-kind Downstream Masters programme empowering students with essential skills to help enable Mozambique to effectively monetise its abundant hydrocarbon resources for the benefit of all its citizens. A total of 24 students were enrolled for the first intake of the programme. This year, Sasol South Africa hosted the second group of students in Secunda where they were exposed to best practices and were able to gain a different perspective of who Sasol is.
  • Sasol also started an internship programme, aimed at providing trainees with relevant hands-on work experience at an Oil and Gas facility. The programme caters for support functions such as Safety, Environment, Inter-community links, Supply chain, HR and Finance. To date, more than 30 trainees have benefitted from the programme.

South African Roads vs The Rest of The World

Daimler Trucks establishes global organization for highly automated driving
Daimler Trucks establishes global organization for highly automated driving

An estimated 1.25 million people died from road injuries in 2015 and 20-50 million people sustained serious injuries that are non-fatal from road traffic incidents.

These are stats according to the latest WHO report.

WHO has stated the following, “Over 90% of road traffic deaths occur in low-middle income countries, which account for 82% of the world’s population, but only 54% of the world’s registered vehicles”.

Top 15 Most Dangerous Roads in The World

The 9th biggest cause of deaths in the world is road injuries/crashes and if you didn’t think it could get any worse the biggest age group driving this is 15-29-year-olds. The biggest age group of road accident deaths are among people of the age 15-44 years.

When looking at road death rates in the world South Africa comes in at the 42nd highest country. The most dangerous roads in Africa are in Malawi with 35 deaths per 100 0000 people. Get an online and instant quick quote comparison comparing over 9 car insurance providers in South Africa for free:  

South African Roads

A frightening Global report was issued by WHO stating that South Africa has the most deaths associated with drinking and driving. Your blood alcohol limit may not be more than 0.05% and can stay in your system for up to 8 hours.

It was noted that Johannesburg has some of the most dangerous roads in the world and ranked as the 13th most likely road to die on. I would like to put this into perspective for you, Johannesburg’s roads are about 5 times more dangerous than the roads in New York. YES! 5 times more dangerous.

According to Arrive Alive, one of the leading causes of death on the roads in Johannesburg is due to drivers who refuse to wear their seatbelts.

Driver demerit system

According to the proposed demerit system, drunk driving and speeding have the highest penalties. You can get 6 demerits for drunk driving, and for your license to be suspended it takes only 13 or more points.

The whole aim behind the proposed demerit system isn’t to give drivers more fines or replace them but to take irresponsible drivers off of the road… that’s if we don’t have a bribery issue.

 

 

Afrihost Introduces Pure Fibre with no Limits

Afrihost Pure Fibre
Afrihost Pure Fibre

Afrihost announced on Tuesday it was relaunching its fibre product as Pure Fibre – a simple, powerful fibre solution that does everything and doesn’t break the bank.

“The best part about Pure Fibre is that it is uncapped, unshaped, unthrottled and unmetered,” Gian Visser, Afrihost CEO, said.

“That means there are no thresholds, no hidden terms and the performance of the product will never change according to how much you use.”

The specials went live today.

The Internet Service Provider is offering customers that orders its fibre through (or migrates to it) up to R5,000 in value when they sign up for Pure Fibre.

“Customers who signup will receive a new Wi-Fi router, free activation and installation, plus up to 2 months FREE,” the company said.

It added that customers who migrate from another ISP to Pure Fibre, they’ll receive a new Wi-Fi router (if needed), free migration and up to 3 months FREE!

“There’s no trade-off. You get one premium product at one great price,” said Visser.

“No more having to choose whether you compromise on great quality or great price – you get both!”

Eskom’s Group Treasurer to Leave in August

Eskom
Eskom

Eskom’s Group Treasurer will leave the power utility at the end of August.

In a statement on Monday, Eskom announced the resignation of Andre Pillay, who has been with the utility since 2011 when he was appointed as Senior Manager for Funding Execution in the Eskom Treasury department.

He was subsequently promoted to General Manager (Group Treasurer) in September 2016.

The utility said Pillay’s contribution to the successful execution of treasury mandate has been immeasurable adding that it appreciates the role he played in ensuring that Eskom’s funding plans were successfully executed year after year.

The utility has asked Pillay to stay on so as to facilitate a seamless transition.

“We are cognisant of how critical the group treasurer role is for Eskom and have requested that Andre remain in the position for the next two months to ensure a seamless transition and business continuity through the handover process. Andre’s replacement will be announced in due course. We believe that treasury operations will continue with ease with the support of the current treasury leadership,” said Eskom’s Chief Financial Officer Calib Cassim.

Meanwhile, Chief Executive Officer (CEO) Phakamani Hadebe — who was appointed to the top post in January last year — is expected to leave the utility at the end of this month, after utility announced his resignation in May.

Last month, government announced that it will soon announce the appointment of a new CEO following the stepping down of Hadebe.

In his State of the Nation Address (SONA) last month, President Cyril Ramaphosa said a Special Appropriation Bill aimed at allocating financial support to Eskom which will be tabled soon. – SAnews.gov.za

 

ENSafrica report Shows Tender Irregularities at EOH

EOH CEO
EOH CEO

An ENSafrica report has revealed evidence of a number of governance failings and wrongdoing at EOH.

Following submission of a forensic report and its recommendations to the board of directors of EOH, the company said its board has assessed the findings of the ENSafrica report and has prepared an interim update on the forensic investigation

The report by the law firm unearthed wrongdoings including unsubstantiated payments, tender irregularities and other unethical business practices.

The wrongdoings are primarily limited to the public sector business centralised in EOH Mthombo and to a limited number of EOH employees, the company said.

Suspicious transactions of R1.2 billion have been identified and are being investigated by ENSafrica, said EOH.

“The exact nature of each of these transactions has not as yet been verified and may relate to legitimate transactions, theft or bribery and corruption payments.”

“ENSafrica will provide the company with bi-monthly updates which will, in turn, inform areas for further investigation and remedial work. EOH will continue to assess the financial impact of the findings.”

South
South African rand. Inked Pixels / Shutterstock.com

The interim ENSafrica report has discovered:

  • Identification of multiple points of failure in governance and oversight mechanisms, inadequate and ineffective controls and appropriate systems thus creating an enabling environment for wrongdoing.
  • Opaque Delegation of Authority (DOA) with significant responsibilities granted to a few
    executives.
  • EOH employees conspiring with two preferred suppliers / partners to facilitate artificial /
    inflated software licence sales.
  • Tender irregularities.
  • Systemic use of connected middle-men recognised and used as introducers and sales agents.
  • Enterprise Development (“ED”) subcontractors used on projects and payments made to such suppliers, where it is questionable whether bona fide work was done by the said suppliers.
  • Inappropriate gifting, sponsorships and donations.
  • Payments of R1.2bn (including VAT) to approximately 78 supplier entities are being
    investigated to determine whether appropriate work was done for services rendered. It is worth noting that 84% of the payments were made to 20 entities. These payments were largely related to contracts entered into during 2014 and 2017. The majority of these contracts have been completed.

EOH said it has reported the concerns and the details of the parties implicated in the irregularities to the Directorate for Priority Crimes Investigation or Hawks.

The company has also terminated the employment relationship with individuals who have been directly implicated in the identified wrongdoing.

The suspicious transactions arising from the investigation have been reported to the Financial Intelligence Centre.

“EOH is committed to ensuring that all perpetrators of wrongdoing are brought to justice. EOH has instructed ENS to initiate criminal charges and lodge civil claims to recover losses, as appropriate,” the company said.

“The EOH board will act decisively in respect of any further wrongdoing that is identified during the ongoing investigation, in line with its zero tolerance on corruption policy.”

Tech Firm EOH Loses Two CEOs of Subsidiaries

EOH
EOH. Image source-TrendSpace

Troubled JSE-listed technology group EOH has lost two CEOs of its subsidiaries, Nextec and ICT business.

The company announced on Monday that Zunaid Mayet, executive director and CEO of EOH subsidiary Nextec,  has resigned as the CEO of Nextec and from the EOH Holdings board and various other EOH subsidiary boards.

His resignation is with effect from 12 July 2019.

Mayet has been at EOH for 10 years and a member of the board for the last two years.

He has been involved in driving the new strategy which included the creation of Nextec.

In order to ensure a smooth transition, the company said Mayet will assist with the handover of Nextec by 31 October 2019. He thereafter intends embarking on a new entrepreneurial venture.

Rob Godlonton has also resigned as executive director and CEO of EOH’s ICT business.

He has resigned from his role as CEO of the ICT business and various EOH subsidiary boards with effect from 12 July 2019.

Godlonton has been at EOH for over 11 years and has been leading the EOH ICT business in South Africa.

In order to ensure a smooth transition, he will assist with the handover of the ICT business by 31 October 2019.

Pumeza Bam has also resigned as a non-executive director from the EOH Holdings board and various other EOH subsidiary boards and trusts with effect from 12 July 2019.

She served EOH as an executive director for 7 years and most recently as a non-executive director for the past two years.

“The board wishes to thank Pumeza, Zunaid and Rob for their commitment and contribution to EOH,” the company said.

EOH Group CEO, Stephen van Coller and Group Financial Director, Megan Pydigadu will assume a caretaking leadership role for the ICT and Nextec business units on an interim basis.

“They will ensure that staff remain engaged and that seamless, high quality client delivery continues,” the company said.

South Africa’s Thryve Sets Up Shop In Canada

Elevated view of downtown Toronto.
Elevated view of downtown Toronto. Domenic Gareri / Shutterstock.com

Thryve, South African-based provider of insurance, risk and governance technology solutions, has set up shop in Toronto, Canada.

The new office is aimed at tapping the fast-emerging and growing digital Canadian market.

Thryve is a leading South African company with international partners, providing cloud-based insurance administration, risk management systems and CRM systems to a blue-chip client profile of large South African corporates and insurance intermediaries.

Thryve already operates offices in Johannesburg, as well as in London.

The expansion into Canada comes at a time when that country’s technology ambitions are booming. Canadian businesses have been quietly yet prolifically transforming to make use of digital technologies. The demand for technology skills reflects this demand: according to the CBRE’s Scoring Tech Talent Report, Toronto has created more technology jobs in 2018 than San Francisco and Washington combined.

“The technology sector in Canada is growing at an incredible rate,” said Neer Rama, Force Solutions Product Manager at Thryve.

“We believe that this is the right time to enter the market and offer our cutting edge risk and insurance solutions to a wider audience.”

As part of establishing itself in the market, Thryve is narrowing its offerings for Canada. There will be a major focus on the insurance industry, such as bringing the powerful Salesforce for Insurance CRM to the market.

Another emphasis will be on wholesale solutions for Mutual Insurance companies, as well as tailoring Thryve’s services to meet the different demands in Canada’s diverse insurance environment.

Canada’s appetite for digital services is both large and demanding. Only the best are able to serve such a globally-leading, technology-fueled country.

As it opens its first office in the dynamic North American market, thryve is confident that it will become a valuable and sought-after partner for Canadian businesses

3 SA Innovators Among the Top 11 Picked for Pan-African Accelerator

Startup
Starup. Rawpixel.com / Shutterstock.com

Startupbootcamp (SBC) AfriTech today announced the eleven best tech startups (three of whom are from South Africa) selected to be the latest cohort in the globally renowned, multi-corporate backed accelerator programme.

SBC AfriTech is the African leg of a global family of industry-focused accelerators and this is the third year that it will be held on the continent.

The top 11 startups chosen for the SBC AfriTech 2019 cohort are:

  • Databotics (South Africa) incorporates Robotics Process Automation, giving customers a streamlined solution geared towards generating value for their client base with the least amount of operational effort.
  • Rentoza (South Africa) leverages the sharing economy to enable businesses and individuals to list their lazy assets whilst giving customers access to these via a low-cost rental model backed by insurance underwritten by Old Mutual Insure.
  • Snapslip Holdings (South Africa) is a digital receipting and analytics application that takes data from each receipt and produces spend, trend and predictive analytics for retailers, banks insurance companies and manufacturers to increase their revenue streams.
  • Asilimia (Kenya) digitises payments for small businesses to enable them to access formal financial services.
  • Weego (Morocco) is a user-based transport app that helps communities in emergent and developing countries commute, with real-time updates of bus, train and metro arrivals.
  • HouseAfrica Blockchain (Nigeria) enables all Africans to participate in the real estate investment marketplace. In addition to solving housing deficits, it allows users to profit from sales, rentals or capital appreciation.
  • Curacel Systems (Nigeria) provides intelligent fraud detection and claim fast-tracking technology for African health insurers.
  • Yobante Express (Senegal) connects drivers with users, allowing anyone who owns a means of transportation to make money when providing shipping services.
  • Cinnamon Clubs (Uganda) improves the management efficiencies of social savings clubs through automated bookkeeping, ensuring accuracy, integrity and transparency of club financial activities to members.
  •  Survey54 (United Kingdom) has created a mobile-first platform that uses channels such as voice, bots and SMS to collect data on emerging markets and create unique and robust consumer insights. 
  • YouFarm (Zimbabwe) is a crowdfunding platform that provides farmers with collateral-free finance by getting people to invest in crops and livestock, enabling them to share the profits with the farmers when the produce goes to market. It gives people who don’t own land the opportunity to earn money and participate in the agricultural value chain.                                                                   

On Monday, 12 August, they will return to Cape Town for the kick-off of the accelerator.

Over a three-month period, they will attend masterclasses, collaborate with corporate partners, and run pilots and proof-of-concepts in order to scale their companies.

The programme will culminate in a Demo Day on Thursday, 7 November when they will showcase their refined products to a network of investors, corporate partners and industry leaders.

Twenty-two startup teams were shortlisted from the 1,900 applications accumulated. They were flown to Cape Town to pitch their businesses over two days to some of the most progressive leaders in the African innovation space, including corporate sponsors, mentors and investors.

“This is the most diverse representation we have ever had with teams from seven different countries across the continent,” SBC AfriTech Programme Director, Nsovo Nkatingi, says.

“Our corporate partners are becoming more sophisticated in their selection process and we are very excited about the potential for commercial agreements with these startups.”

 

Huawei Wants to Make Digital Services Affordable, Accessible to all

Huawei
Huawei. Veja / Shutterstock.com

We are entering a digital, intelligent, and fully connected era where everything will be sensing, connected, and intelligent.

As part of its plans to respond to this technological revolution, Huawei wants to make digital services more affordable and equally accessible to all.

“Huawei has been creating value for its customers through innovation. We are doing everything we can to bridge the digital divide and meet the world’s needs for connectivity,” Liang Hua, Chairman of Huawei, said.

“We want to make digital services more affordable and equally accessible to all, and to do our part in contributing to social and economic development.”

On Friday, Huawei launched its 2018 Sustainability Report, which explains the company’s four strategies for sustainability: digital inclusion, security and trustworthiness, environmental protection, and a healthy and harmonious ecosystem.

A new generation of information and communication technologies like the Internet of Things, big data, and artificial intelligence are now the new engines of socioeconomic growth. They are also increasingly a part of our day-to-day lives.

Huawei, as a  global provider of ICT infrastructure and smart devices, believes that ICT is creating a better future for humanity, and will play a key role in achieving the UN’s Sustainable Development Goals (SDGs), said Hua.

Huawei has created a digital inclusion initiative called TECH4ALL, which involves efforts to spread connectivity, applications, and digital skills.

“It is helping to extend digital inclusion, and ultimately aims to bring the benefits of digital technologies to every person, home, and organization,” said Hua.

“We are committed to developing innovative technologies to deliver ubiquitous connectivity. Our mobile network base stations are lighter than ever. That has made it easier for our customers to quickly build new networks at lower costs, connecting 100 million rural residents and making connectivity for remote regions a reality.”

“We want to bring the benefits of digital technology to every person, home, and organization. To this end, we have launched a global digital inclusion initiative called TECH4ALL. For example, our RuralStar solution has connected 40 million rural residents as of the end of 2018.,” Kevin Tao, Board Member and Chairman of Sustainable Development Committee of Huawei, said.

Huawei
Huawei. : Allmy / Shutterstock.com

“We currently provide communications services to over three billion people around the world, and we are committed to supporting secure network operations worldwide.

“We honour this commitment no matter what. For example,” he said.

“In 2018, after a magnitude 7.7 earthquake hit Indonesia, Huawei was the first and the only vendor to the scene.”

Tao also announced Huawei’s new sustainability strategies, which include two major changes.

First, Huawei has expanded its strategy of bridging the digital divide into a digital inclusion strategy. Building on connectivity, the company is now also paying more attention to applications and skills.

Second, its strategy of supporting stable and secure network operations and protecting user privacy has been upgraded into the “security and trustworthiness” strategy.

Huawei incorporates sustainability in everything it does – in its innovation, value creation, and value sharing with its partners – so that it can deliver greater business value and social value. Looking forward, Huawei will work even harder and do its part in building a better, sustainable future.