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The Fight Against Illegal Money Flows
The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog. It sets international standards with the aim of preventing these illegal activities and the subsequent harm they cause to society The Dreaded “Grey List” Countries that are under increased monitoring by the FATF are actively working with the organization to
Uber Clarifies Vehicle Age Policy for ZA Drivers
Recent media coverage regarding a three-year vehicle age policy for drivers on Uber in South Africa has caused some confusion due to its inaccuracy. Uber would like to take this opportunity to clarify the policy that came into effect in 2022. While some have understood the policy to mean that all drivers on the platform
bpSA redefines convenience to meet customer needs with new retail initiatives
bp Southern Africa (bpSA) has announced three initiatives in response to market demands – a revamped store design and offer, an inhouse loyalty programme as well as a low carbon battery rental service. “Our investment in new convenience offerings, in the year bpSA celebrates 100 years of doing business in South Africa, is testament to our
Telkom Foundation brings the Lightbulb Edtech platform to support Grade 12 learners
Telkom Foundation is proud to announce an empowering initiative aimed at providing support for Grade 12 mathematics learners in Ga-Maake Village. The event, which took place at the Community Hall on 26 July 2024, is set to benefit as many as 180 mathematics students from seven surrounding schools. “This initiative, led by the Telkom Foundation
FedEx delivers on skill development to help bridge Africa’s gender gap
When FedEx joined hands with She Code Africa (SCA), the two organizations shared a vision to empower and uplift women in the male-dominated science, technology engineering and mathematics (STEM) fields of practice. Together the organizations developed the SCA Academy Program to offer more than just theoretical knowledge. The boot-camp program was presented in a hybrid
Netflix Reinforces Commitment to Family-Friendly Content and Safety Measures
At a recent 'Netflix for Families' event, Netflix reaffirmed its dedication to providing advanced features and diverse content designed to create a delightful and secure viewing experience for families. The event was attended by local child experts, policymakers, parenting bloggers, NGOs, government stakeholders, and representatives of civil society. Recognizing the diverse needs of families, Netflix
New research suggests Africa’s Green Economy could create more than 3 million direct jobs by 2030
Shortlist and FSD Africa, with analysis from the Boston Consulting Group, today published "Forecasting Green Jobs in Africa," a first of its kind report that forecasts the new direct job creation potential of 12 “green” sub-sectors by 2030. The report predicts the creation of up to 3.3 million new direct green jobs across the continent
Spot Money Launches New MVNO Venture
The South African mobile banking company that provides bank accounts, debit and credit cards using an app in association with Bidvest Bank, Spot Money has launched a new Mobile Virtual Network Operator (MVNO). This new MVNO was created by Spot Money founders Sean and Don Bergsma and Andre Hugo in an effort to offer innovative
TCL offering the Best TV viewing distance
Have you ever felt stress in your eyes after hours of watching TV and tried to find the cause? If yes, the answer is simple: you’re not watching TV at the best TV viewing distance. Every 1 in 5 people suffers from weak eyesight and watching television the wrong way has a significant part to
Discovery Drops Pick n Pay For Checkers
In a surprise move, that is bound to have an impact on retail group Pick n Pay, Discovery Vitality, the benefits club of the Discovery Group announced yesterday, that it would be dropping the food retailer as one of their Healthy-Food partners and will be replacing them with Checkers and Checkers Sixty60. Pick n Pay
Breaking News Today – 2nd August 2024
Nigeria Protests Erupt: People poured onto the streets across Nigeria on Thursday protesting the most severe cost-of-living crisis and widespread corruption in Nigeria. Nigerian Police and Security forces reportedly fired tear gas and live bullets to disperse protesters that gathered a few kilometres from the Presidential Villa as well as in Kano, Bauchi and Borno
How digital twin technology can be used in smart manufacturing
The manufacturing industry is constantly evolving, driven by rapid technological advancements, shifting market demands, and global trends. While much of the spotlight is on artificial intelligence (AI), other innovative technologies like digital twins are playing a crucial role in revolutionising the manufacturing sector. Digital twin technology, which creates virtual replicas of physical systems, enables manufacturers
Google demonstrates how AI can help businesses thrive
Google has reaffirmed its commitment to making AI helpful for businesses at the AI in Action event hosted in CapeTown. The event was aimed at educating businesses about the usefulness and benefits of adopting Gemini, Google’s most sophisticated AI model, to scale-up their operations in a constantly evolving landscape. Business owners now have the opportunity to engage
Vehicle Sales and business confidence Improves
South Africa, 1 August 2024: The Automotive Business Council said that they welcomed uptick in the July 2024 new vehicle sales figures and that this could be and indicator of a turning point for an improved second half of the year performance. The domestic new vehicle sales in July 2024, was at 44,229 units, an
MUT Appoints Professor Nokuthula Sibiya as New Vice-Chancellor
Mangosuthu University of Technology (MUT) has officially announced the historic appointment of Professor Nokuthula Sibiya as the new Vice-Chancellor, the first woman to hold this esteemed position in the institution's 45-year history. This ground-breaking appointment comes at a pivotal moment as MUT embarks on a new era of academic excellence, innovation, and community engagement. Professor
Heritage Can Drive Economic Growth in Africa
In 1972, One Hundred and Ninety Three countries signed an historic United Nations agreement on world heritage sites. The Agreement gave the United Nations Educational, Scientific and Cultural Organization (UNESCO) the mandate to preserve places across the globe that are revered for their “outstanding universal value.” Examples in Africa are: Table Mountain in South Africa,
Women, younger South Africans feel most financial stress: DebtBusters reveal
South Africans’ levels of financial stress have remained high for the past three years, affecting their home and work lives as well as their health. Younger people and those with less income are the most anxious, with particularly women carrying the burden of financial stress. Older people and those in the higher income bands are
What Happens When The Insurer And Policyholder Disagree On Settling?
Like any other litigant, there are many factors that an insurer considers in deciding whether to litigate or settle a matter. However, there may be an instance whereby an insurer decides to settle a claim whereas a policyholder believes that they are not legally liable, and therefore, the claim should not be settled. Unless properly
MTN in Nigeria closes stores
In an unfortunate turn of events, MTN has decided to temporarily close all their stores in Nigeria due to an outrage that took place in Lagos. On Tuesday, MTN Nigeria wrote on X, formerly known as Twitter, that on the 30th of July all stores will not be operating because of vandalism attacks caused by
Climate Change Act Has Become a Reality
The legislation that is designed to define, manage, monitor, and implement the country’s climate change, South Africa’s new Climate Change Act has officially passed. The strategic approach for improvement on climate resilience and sustainability in South Africa is important, as it involves investing into renewable energy sources, coming up with solutions for nature like reforestation