Jun 26, 2015
South African and Argentinian palaeontologists have discovered a new early dinosaur from South Africa. The specimen was found in the late 1930s in the Zastron area of South Africa, about 30km from the Lesotho border. For a long time the remains of the dinosaur just languished on the shelves in the collections at the Evolutionary Science Institute (ESI) (then the Bernard Price Institute) in Johannesburg. A few years ago it was studied and considered to represent the remains of another South Africa dinosaur, Aardonyx.
Jun 25, 2015
South Africa’s start-up industry isn’t for the faint-hearted. According to a new survey by Ventureburn, employees and founders of start-ups are often paid below-market salaries, get close to zero benefits and are subject to high-pressure environments. Moreover, just 17% of start-ups are profitable, with only 3% making it to the sought-after venture capital investment stages.
Jun 24, 2015
South African businesses are wasting up to 20% of their telecommunications spend every year. This adds up to R20-billion – and means that for every R5 spent, R1 is being lost. These figures are according to a white paper, Wastage in South Africa’s Telecoms Sector, released by telecoms professional services firm Nebula. Nebula estimates that the telecommunications market in South Africa is worth around R200-billion – or equivalent to the government’s spend on education. Half of this is business spend – and one-fifth of this is wasted. There are a number of reasons for this, but key is that because of the complexities involved, many businesses are unwilling to take a closer look at inefficiencies and wastage in their own telecoms systems.
Jun 23, 2015
More than one-third of risk professionals throughout Africa, Europe and the Middle East have experienced a material or significantly disruptive loss relating to a data breach or security exploit in the past 24 months, with the average financial impact of these incidents in the region of $2,1-million. The most common EMEA cyber incident was an attack that caused disruption to business and IT operations, according to Aon Risk Solutions in a research report undertaken during March 2015.
