SA companies need to take action after grey listing
Global money laundering and terrorist financing watchdog, the Financial Action Task Force (FATF), has placed South Africa on its so-called grey list. This adds South Africa to a group of jurisdiction under increased FATF monitoring, meaning the country has committed...
What are the grey listing implications for SA?
South Africa's grey listing by the Financial Action Task Force (FATF) has significant implications for its economic growth and global competitiveness, but moves are already being taken to satisfy the FATF. The Webber Wentzel finance team reflects on what comes next....
Business leaders not ready for a digital future
Many organisations are at serious risk of complacency, lacking the leadership required to grapple with the complexities of digital - especially in regard to their physical assets and infrastructure. Online surveys and in-depth interviews conducted by Aurecon with more...
Capital One hack ‘could be tip of the iceberg’
The data breach of US bank Capital One that this week exposed the personal data of over 100-million US customers may be only the start of a series of breach notifications from other organisations, potentially including UK-based telecoms carrier Vodafone, US-based...
Smartphone sales still sliding
Worldwide sales of smartphones to end users will total 1,5-billion units in 2019, a 2,5% decline year over year, according to Gartner. However, Gartner analysts expect smartphone sales to grow again in 2020, driven by broader availability of 5G models and the...
FNB revamps eBucks Rewards for business
FNB will be changing its eBucks Rewards programme for businesses from 1 September, saying it is simplifying the way FNB Business and RMB Private Bank Business customers qualify, get rewarded and move up tiers. Businesses will be required to meet a new set of criteria...
Financial malware on the increase
Kaspersky researchers have discovered 430 000 users faced malware aimed at stealing finances, cryptocurrencies and Web-money services in the first half of 2019 - 7% more than in the same period last year. Over a third (30,9%) of those affected are corporate users -...
Telkom switching customers on to wireless
With more than 96% of its prepaid fixed line customers upgraded to wireless, Telkom will discontinue its legacy copper-based fixed line prepaid service platform from 1 August. Telkom says its wireless service is more reliable than its copper-based technology and is...
Satellite solution revolutionises anti-poaching battle
Mobile satellite communications specialist, Inmarsat, has joined forces with environmental and health organisation Resolve to develop a revolutionary, satellite-enabled solution to safeguard endangered wildlife across the African continent. Resolve's Biodiversity and...
SA students off to coding ‘Grand Prix’ in Baku
Teen programmers from 86 countries, including South Africa, will compete for top honours at the 2019 International Olympiad in Informatics (IOI) being held in Baku, Azerbaijan from 4 to 11 August. Each country sends four high school learners to the international...
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