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business news

5 Things Businesses should look out for Post Pandemic

The global COVID-19 pandemic has made its presence felt in South African retail and consumer-focused businesses, especially in tourism and hospitality, but the full impact on earnings, cash flow, and employment will last far longer than a three-week lockdown. With...

Crossgate enters Crossfin fold to take advantage of R1.3 trillion opportunity

African fintech holding company Crossfin has announced its acquisition of a majority stake in market-leading payments enablement company Crossgate. This follows the recent announcement of Crossfin’s partnership with Investec to identify early-stage fintech businesses and the establishment of a new...

Africa: Open for Investments

The future is bright for Angola’s economy and investment opportunities. Just recently, government leaders unanimously passed revisions to the country’s Private Investment Law, which supports Angola’s diversification efforts in job opportunities and trade. This is particularly helpful when there...

kulula.com steps up again to inspire start-ups with Primestars in 2018

South Africa’s low-cost carrier, kulula.com is proud to announce that it has for a fifth year in a row partnered with Primestars to launch their Step Up to a Start-Up campaign for 2018, together with South Africa's Minister of...

BRICS business leaders to gather in Sandton

More than 1000 delegates from Brazil, Russia, India, China and South Africa (BRICS) will gather at the Sandton Convention Centre in Johannesburg tomorrow, Wednesday, 25 July 2018 for the BRICS Business Forum which will takes place as part of...

Digitalisation – A true marriage of technology

Smaller channel businesses can improve their own internal processes thanks to digital transformation, but it is important to have a plan and start with communication warns Chris Daffy, CCO at MobileData, a South African technology service provider focused on...

Three ways for companies to unlearn the traditional workplace

The notion of what defines a workplace is evolving with the new millennium. For example, on any given day, a company can have less than 50% office utilisation, as employees may be offsite attending a client meeting, travelling, on...

Huawei reports revenue of US$60.8 billion in 2015

Huawei has revealed its financial results for 2015, reporting that its Carrier, Enterprise, and Consumer Business Groups (BGs) all achieved strong year-on-year growth. The three BGs generated US$60.8 billion in annual revenue worldwide, an increase of 37% YoY. Net...

Preparing for the threat of exponentially expanding data

At the turn of the previous century, fears ran rampant that PCs would fall victim to the fabled Y2K bug, plunging a very computer dependent world into instant chaos. That may have been a storm in a teacup, but...

Xiaomi hit by Court Injunction in Nigeria

According to a media statement released by mobile device brand mi-Fone, the Federal High Court in Lagos has issued an interim injunction against Xiaomi - a mobile phone manufacturer whose Mi branded mobile devices are currently on sale across...
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How Does the 2025 Budget Support Digital Transformation?

The 2025 National Budget Speech, delivered by Finance Minister Enoch Godongwana, marks a defining moment for South Africa’s economy....
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