SMEs set to spend in 2018

A new update to the Worldwide Semiannual Small and Medium Business Spending Guide from International Data Corporation (IDC) forecasts total IT spending by small and medium-size businesses (SMBs) to be nearly $602-billion in 2018, an increase of 4,9% over 2017. With a...

SA lovers are big spenders

Sentimental spending by South Africans has increased by 50% since 2015, with the number of transactions up by 63% during the same period. The annual “Mastercard Love Index”, created by analysing credit, debit and prepaid transactions across the past three...

R200k boost for female STEM initiative

Female students who require financial support to start or further their studies in science, technology, engineering and mathematics (STEM) at tertiary institutions now have the opportunity to motivate to be beneficiaries of a crowdfunding initiative. This follows a...

SA fintech beats online fraud

As online fraud in South Africa escalates, buying and selling goods using online platforms places both buyers and sellers at risk. Jethro O’Brien, CEO and co-founder of TradeSafe.co.za, was duped while trying to buy car parts that had been advertised online...

The SME budget wish list

In the next few weeks, the Finance Minister’s Budget Speech for 2018/9 (21 February 2018) will outline the country’s economic growth strategy for the year to come. By Pieter Bensch, executive vice-president: Africa & Middle East at Sage SMEs, feeling...

African TMT ripe for investment

Continuing deal flow and increasing investment is predicted for in Africa’s flourishing telecom, media and technology (TMT) sector in 2018, against a backdrop of improving economic growth and increasingly stable currency outlook across key markets such as...