Archive | August, 2016

ANC-economy

Investors urged to understand South Africa’s balance of power shift

Experts have this week urged investors and wealth managers -local and international – to better understand South Africa’s current political changes in order to be able to make wise decisions about the economy. Speaking in Cape Town (South Africa) this week, Carol Axten, CEO of WellsFaber, said it was absolutely critical that wealth managers and […]

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internet africa

Why internet growth in Africa is still slow

Despite a multitude of completed and work-in-progress mega projects meant to make the internet accessible to all Africans, it has been found that the internet sector in Africa has been growing at a very slow rate. A study released this week in the Tanzanian capital Dar-es-Salaam by the African Peering and Interconnection Forum (AfPIF) has […]

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women in business

South Africa’s gender gap in entrepreneurship declining

Gender gap in entrepreneurship in South Africa is said to be on the decline as more women are going into formerly male-dominated industries such as engineering. Additionally, sectors where female entrepreneurs have already established a sizeable presence, such as tourism, education and the beauty industry, continue to be well-represented in the company’s investments into women-owned […]

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Banking-Fraud-pic-1

Online Fingerprint Verification helps reduce banking fraud, identity theft

One of the South African leading banks, First National Bank (FNB), said this week that the Online Fingerprint Verification (OFV) as a form of identification has the potential to reduce identity fraud and fraudulent financial transactions. The Johannesburg-based bank, which also has a presence in some African countries, believes that the practice is a powerful […]

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