Microsoft looks to fast-track youth entrepreneurship

Microsoft is expanding its partnership with the African Development Bank to support Africa’s youth entrepreneurs under the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative. Through its African Transformation Office (ATO), Microsoft will...

Banking-as-a-service revenue on the rise

A new study from Juniper Research has found the total BaaS (Banking-as-a-Service) platform revenue will exceed $38-billion by 2027, rising from $11-billion in 2022. The rapid growth of 240% will be driven by BaaS’ ability to deepen relationships between brands...

International tourism back to 60% of pre-pandemic levels

International tourism has continued to show strong signs of recovery, with arrivals reaching 57% of pre-pandemic levels in the first seven months of 2022. According to the latest UNWTO World Tourism Barometer, international tourist arrivals almost tripled in January...

Q4: What to expect in terms of liquidations and business rescue

Although consumers can expect some relief at the petrol pumps, our economy will take much longer to recover. Unfortunately, Covid-19 has left us with an economic crisis with inflation growing rapidly, rising interest rates and all-time high unemployment rates. This...

Views on corruption drive attitude to tax systems

Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study – Public Trust in Tax – by accountancy bodies ACCA and the International Federation of Accountants (IFAC). A survey of 5 900...

The metaverse will open up opportunities for Africa

The 77th session of the United Nations General Assembly (UNGA) was held this year as the world continues to see complex socio-economic issues, writes Balkissa Ide Siddo, public policy director, sub-Saharan Africa. Many economies are still reeling from the Covid-19...