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The latest news on finance, industry trends, money, and more.

Strauss & Co Breaks SA Wine Record With 1821 Grand Constance Just Shy Of R1m

574 years of South African wine icons under the hammer with Strauss & Co Multiple records were smashed on the 14 September Strauss & Co Virtual Live Auction that featured 5 iconic single bottle lots of South African wines as part of the combined art and wine Impression / Expression catalogue. The marquee lot and …

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FD And Seedstars Team Up For The First FTxSDG Challenge

The Financial Times is partnering with Seedstars, a Swiss-based company that invests and supports startups from emerging markets, to host the first FTxSDG Challenge. The competition has been launched to empower promising, impact-driven startups and entrepreneurs with learning and funding opportunities. The call for applications is now live. The focus on the UN’s Sustainable Development Goals (SDGs)  …

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Stricter Reporting And Enforcement On Local Empowerment In Africa

By Ashleigh Hale, Co-head Corporate, and Lerato Thahane, Partner, Bowmans South Africa All indications are that more stringent reporting and enforcement of local empowerment requirements are on the way across much of Sub-Saharan Africa. On the face of it, this prospect might seem likely to pose further challenges for governments’ efforts to attract investors, but …

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How The Next Generation Are Making Money Online

Earning money online has never been more accessible and more diverse than today, especially now that almost everything can be done online. Most jobs that do not require physical labor can be done online in a more efficient, convenient, and profitable way. The next generation of SA workers is now made up of people who …

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Meeting The Challenges Of Disruption With Strategic FinOps

The headwinds and economic strain of the past 18 months have left many businesses with little option but to evaluate costs. However, a recent PwC report states that while 52 percent of companies plan to curb or defer investments, only 9 percent will make those cuts in digital transformation. “Clearly, effective processes, combined with strong risk discipline …

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Why Short-Term Insurance Is Not The Only Insurance SMEs Should Be Considering

Short-term insurance recently became one of the talking points of the July lootings after thousands of SMEs were affected by the riots, suffering loss and damage to assets. In the hopes of keeping these businesses afloat, the National Treasury announced that the South African Special Risks Insurance Association (Sasria) will be paying out R3.9 billion …

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Zanzibar Offers Investment Opportunities On Archipelago’s Smaller Islands

In a groundbreaking move to further attract foreign investors, the government opens up ten island paradises for holistic development projects  The Revolutionary Government of Zanzibar is opening up ten of the archipelago’s idyllic smaller islands for high-end investment and development opportunities.  The programme, which is being implemented by the Zanzibar Investment Promotion Authority (ZIPA), further …

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Is Your Business Still Connected To Your Customers In A Digital World?

By Sarthak Rohal, VP – IT services at AlphaCodes The way we communicate socially has changed, thanks to social media and mobile technology. For many, this has also translated to changes in the way we communicate professionally. Digital has removed the typical boundaries associated with geography and time zones, and people expect to be able …

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South African Women To Take Centre Stage At Upcoming Future Focussed Summit

SingularityU South Africa Summit in October set to host leading South African and global business women When the highly anticipated SingularityU South Africa Summit 2021 takes place online from 12 – 15 October, South Africa’s top female thought leaders across various industries are set to take centre stage. This future focussed summit aims to equip …

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Understanding The On-Demand Logistics Service Market In Africa

As an entrepreneur, it is important to look for new opportunities every now and then to grow your business.  Transporting goods from one place to another seems to be a strength in Africa, and it’s time to introduce an on-demand logistics service in the continent.  You’ll get to know the logistics market in Africa, trends …

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