Investors from African diaspora count on a digital boost
New global research by mobile network operator World Mobile suggests that the increasing digitalisation of Africa is inspiring the continent's diaspora living in Europe to increase investment in their country of origin. The African diaspora, made up of individuals and...
Third-party risk management misses hurt
Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner. In a survey of 100 executive risk committee members in September 2022, 84% of respondents said...
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....
AMD expands telco products, support
AMD has announced it will be expanding support of its growing 5G partner ecosystem spanning from core to radio access networks (RAN) applications, delivering additional new test capabilities and unveiling new 5G products. The AMD wireless telecom partner ecosystem has...
Absa finances three wind energy projects
Absa acted as a mandated lead arranger and lender for three Red Rocket Energy renewable energy projects which reached financial close on 23 February 2023. The projects comprise of two 140MW wind farms, which will both be located in the Western Cape, and one 84MW wind...
Acer ranks among top female-friendly companies
Acer has been included in Forbes' list of the World's Top Women-Friendly Companies in 2022. Forbes co-operated with the market research institute Statista in conducting an anonymous survey of nearly 85 000 women working in multinational companies around the world. The...
Blue Label Telecoms increases revenue, profits
For the six months ended 30 November 2022, Blue Label Telecoms has reported revenue of R9,8-billion, with an increase in gross profit of 13% to R1,54-billion (2021: R1,36-billion). The core businesses of the Blue Label Group continued to generate further growth in...
In digital transformation, focus on people and let technology take care of itself
There is no longer any alternative to digital transformation. By Sarthak Rohal, vice-president: IT services at In2IT Technologies The last 10 years of IT have been about changing the way people work, and the next ten years will be about transforming the business, from...
Tech key in addressing SA literacy challenges
According to the Department of Higher Education and Training, literacy is and always will be a topic of conversation in South Africa, where 3,7-million people are illiterate. The reasons for these illiteracy rates are vast and range from the legacy of Apartheid to the...
Carbon capture, utilisation and storage are game-changers for Africa
It would be difficult to exaggerate the value that carbon capture, utilisation and storage (CCUS) technology offers Africa's oil and gas industry. By NJ Ayuk, chairman of the African Energy Chamber With oil and gas-producing countries facing tremendous pressure to...
Ricoh SA completes sustainable solar rollout
Ricoh South Africa has completed a major solar power installation at its new Regional Head Office in Equites Park in Meadowview Business Estate. The announcement coincides with Ricoh's global commitment to environmental, social and corporate governance (ESG) goals...