Oct 5, 2015
The nearly hour-long grounding of 150 United Airlines planes earlier this year – which resulted in an estimated loss of $3 555 000 (R35,55-million), a share price fall of nearly 4% and other business impacts to scheduling, ecosystem delays and brand impact –...
Sep 18, 2015
Online shopping is rapidly growing within South Africa. Although highly convenient, when buying or selling goods, there is a disparity in the order in who acts first; does the seller wait to receive funds from the buyer before shipping the goods or does the buyer ask...
Sep 7, 2015
E-commerce stats from Statista.com show that 40% of worldwide internet users have at some time or another bought products or goods online via desktop, mobile, tablet or other online devices. This amounts to more than 1-billion online buyers, and this number is...
Aug 20, 2015
Escrow, a service whereby a third party holds money in an account on behalf of transacting parties until conditions are fulfilled, is not a new concept. In fact, there are numerous escrow companies in operation in South Africa and across the globe. However, no one has...
Jul 10, 2015
Software escrow agreements can play a major role in developing a business environment in which South African SMMEs can flourish. This is because an escrow arrangement governing the source code developed and maintained by the SMME essentially nullifies tender...
