South Africa

22
December
South africa : Digitalization readiness key to unlocking SME growth potential says new Mastercard white paper
South africa : Digitalization readiness key to unlocking SME growth potential says new Mastercard white paper

Overall, 64% of South African SMEs say they believe e-commerce will have a positive impact on their business.The findings also indicate that South Africa, by far, is the leader in digitalization acro...

07
December
South Africa : Reinfection from Omicron three times higher than for any previous variant
South Africa : Reinfection from Omicron three times higher than for any previous variant

The risk of reinfection from the Omicron coronavirus variant is three times higher than for any previous variant, according to a South African study of infections since the start of the pandemic.The f...

07
December
South African cannabis company lists on German Stock Exchange
South African cannabis company lists on German Stock Exchange

JSE-Listed investment holding company Labat Africa has listed its shares as a dual listing on the Frankfurt Stock Exchange (FSE).Labat listed on the Johannesburg Stock Exchange in 1996, repositioned a...

07
December
South Africa : Here are your chances of employment in South Africa – based on your level of education
South Africa : Here are your chances of employment in South Africa – based on your level of education

South Africa’s unemployment rate reached 34.9% in Q3 2021 – the highest figure on record as continued lockdown restrictions, load shedding and the July riots all impacted jobs in the country.While the...

07
December
South Africa : The job types surviving South Africa’s lockdown
South Africa : The job types surviving South Africa’s lockdown

Statistics South Africa published its latest Quarterly Labour Force Survey (QLFS) this week, showing that the country’s unemployment rate increased to a record-high of 34.9% in the third quarter of 20...

07
December
5 important things happening in South Africa today
5 important things happening in South Africa today

Here’s what is happening in and affecting South Africa today:Coronavirus: In South Africa, there have been 11,125 new cases of Covid-19, taking the total reported to 3,031,694. Deaths have reached 89,...

10
October
South Africa : Eskom extends stage 2 load shedding – here is the new schedule
South Africa : Eskom extends stage 2 load shedding – here is the new schedule

Eskom has announced that stage 2 load shedding will be extended until 05h00 on Thursday (14 October) to replenish emergency generation reserves.The power cuts are also necessary to address other addit...

09
October
South Africa : World Bank on South Africa’s plans to support the unemployed – including a R350 job-seekers grant
South Africa : World Bank on South Africa’s plans to support the unemployed – including a R350 job-seekers grant

The World Bank said South Africa, which ranks among the world’s top 10 spenders on social assistance, could consider a range of reforms to its R156 billion ($15 billion) annual welfare program to make...

09
October
South Africa : A low-cost airline has just launched a flight subscription service in South Africa
South Africa : A low-cost airline has just launched a flight subscription service in South Africa

Low-cost domestic airline Flysafair has launched a new monthly subscription service – ‘the FlyMore Club’.Aimed at business travellers, people in long-distance relationships, commuters, people with hol...

09
October
South Africa will need to consider mandatory vaccinations and incentives in the coming months: business group
South Africa will need to consider mandatory vaccinations and incentives in the coming months: business group

South Africa’s first ‘Vooma Vaccination’ weekend set an ambitious target of vaccinating 500,000 people, and while it only achieved around 350,000 jabs, it represented a significant increase for weeken...

09
October
South Africa’s troubled sugar industry in talks with government over potential biofuel subsidy
South Africa’s troubled sugar industry in talks with government over potential biofuel subsidy

South Africa’s sugar industry is in talks with the government over a potential subsidy that could see it convert more than a third of its annual output into biofuel, according to a group representing...

30
September
SOUTH AFRICA:New Zealand exploring the possibility of issuing a digital currency
SOUTH AFRICA:New Zealand exploring the possibility of issuing a digital currency

New Zealand’s central bank is exploring the possibility of issuing a digital currency, saying the benefits it would bring include its potential use as a monetary policy tool.“Trends in cash use and in...


Dr Thabi Leoka has worked as an economist in various financi...
22 September 2021
South Africa’s economy is a Fiat Uno trying to be a Ferrari: economist
South Africa,
Social entrepreneurship,

South Africa needs to introduce fundamental economic reform policies and focus on getting the basic right, says Dr Thabi Leoka, founder of economic consulting and advisory company Naha Investments.Spe...



Subash Sharma is head of digital channels for Absa Retail an...
19 August 2021
South Africa : Absa’s Subash Sharma on how banking innovations are helping customers through the pandemic
South Africa,
Bank & Finance, Information technology,

Subash Sharma is head of digital channels for Absa Retail and Business Banking, responsible for developing and executing the digital strategy at the bank.Sharma is a member of the extended leadership...



 Soumya Swaminathan, the World Health Organisation’s ch...
21 June 2021
South Africa : Don’t count on needing a Covid booster shot, WHO scientist says
South Africa,
Health,

As some governments and pharmaceutical officials prepare for Covid booster shots targeting more-infectious virus variants, health authorities say it’s too early to tell if they will be required.“We do...



...
10 May 2021
Afrique du sud : Government is looking at the ‘next frontier’ of BEE in South Africa – what you should know
South Africa,
Bank & Finance, Industry,

At the start of the month, Trade, Industry and Competition minister Ebrahim Patel hosted a media briefing on worker empowerment in South Africa. The majority of the briefing focused on empowerment thr...