Budget 2021 from an outside-in perspective

It’s not all doom and gloom but government needs to get on with the job, writes David Rees, senior emerging markets economist at global asset manager Schroders. South Africa’s Finance Minister, Tito Mboweni, delivered an upbeat budget to parliament on...

Australia passes law that platforms must pay for news

The Australian parliament has passed the News Media and Digital Platforms Mandatory Bargaining Code that addresses the bargaining power imbalance between publishers and digital platforms. The code was developed after extensive analysis from the Australian Competition...

Boomers and retirees embrace cryptocurrencies

Baby boomers and Gen X are investing in bitcoin and other cryptocurrencies. The observation from Nigel Green, chief executive and founder of deVere Group, comes from a global poll of clients aged over 55 found that 70% of those surveyed are already invested in digital...

Telco banking rides digitalisation wave

Telcos are the new banks, as telecom service providers in Europe and the US continue venturing into the financial sector. Though mature telco banking endeavors are rare, some operators have identified banking as an opportune avenue for diversification, with differing...

Standard Bank turns to blockchain for cross-border trade processes

Standard Bank Group has partnered with Hedera Hashgraph, an enterprise-grade distributed public ledger, and joined the Hedera Governing Council. Standard Bank will establish the continent’s first Hedera network node, which is set to solve some of the sore points...

Lessons learnt from a year of Covid-19

Kathy Gibson reports – The last year has brought more change than people could have anticipated, and some valuable lessons have been learnt. As we approach one year since the World Health Organisation (WHO) declared the novel coronavirus a pandemic, Jeetu Patel,...