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South African Blueberry Farmers Aim to Bounce Back After Challenging 2022 Export Season
South Africa's blueberry season is set to begin in a few months, and farmers are determined to bounce back after a challenging 2022. The previous export season was hit by a two-week strike at Transnet ports during the peak export period of November, causing delays in getting blueberries to market and impacting pricing and quality
The Return of the Nokia 3310: A Nostalgic Throwback with Modern Upgrades
Nokia, the legendary mobile phone brand, has reintroduced the iconic Nokia 3310 model with a few retouches. The device features a custom-designed user interface, a polarized curved screen window, and an extended battery life that users adored in the original version. The phone is available in four colors, including warm red, yellow with a gloss
Shell to Continue Aviation Fuel Supply in South Africa as BP Exits
As BP exits its aviation activities in South Africa, Shell has affirmed its commitment to continue providing aviation fuel in the country. Shell Downstream South Africa confirmed its plans to continue its aviation fuel operations at airports in South Africa, stating that there is no change to its local operating model. This comes after BP
BMW unveils new emblem, celebrates 50 years in South Africa
German-headquartered carmaker BMW has unveiled a new logo in South Africa to mark its 50-year celebrations. The luxury automaker has released a new logo and it is a brand new Ndebele art-inspired marketing BMW South Africa emblem. To mark this milestone, BMW released the emblem that is inspired by a work of art crafted by
South African Mining Stocks and Rand Strengthened by Weaker Dollar and Positive Demand Outlook
On Tuesday, the South African mining industry experienced an increase in stock prices due to a weaker dollar and greater risk appetite among investors. Additionally, the local currency, the rand, also strengthened. While the buyout of Silicon Valley Bank calmed investors, gold remained an attractive safe-haven asset, and the positive demand outlook for other metals
RCL Foods reaches deal with Danish company AP Moller
RCL Foods has secured a massive deal as it will sell its frozen logistics business Vector Logistics for a whopping R1,25 billion. The company will sell to Denmark-based company, AP Moller Capital as BusinessTech Africa understands – the deal is subject to several approvals. Owned by Remgro, RCL Foods has confirmed the news and AP
Platinum Group Metals (PGMs) to contribute significantly to the South African economy
Platinum Group Metals (PGMs) have the potential to add up to one million more jobs in South Africa and contribute up to R8 trillion more to the country’s economy. The combination of hydrogen and fuel cell technology is the key to unlocking this potential. As natural gas is displaced by green hydrogen, and fuel cell
ACSA aims to complete OR Tambo cargo terminal expansion in the next few years
The Airports Company South Africa (ACSA) is working to expand the cargo terminal at the OR Tambo International Airport (ORTIA) within the next five years. This expansion is necessary due to the current constraints of the cargo terminal, and ACSA Cluster 1 Regional GM, Jabulani Khambule, noted these details during a briefing on March 28.
Slight upswing for salaries in February
Latest BankservAfrica salary data suggests job market is stabilising Take-home pay tracked in the BankservAfrica Take-home Index (BTPI) showed a slight recovery in February 2023. The latest data on the number of salaries paid during the month also suggests the local job market is stabilising. “The average nominal take-home pay rose to R15 186 in February,
Shoprite launches standalone clothing store in Cape Town
South African retailer Shoprite has unveiled a stand alone clothing store in Cape Town and this was announced on Thursday. The country’s biggest grocery retailer store is called UNIQ, the first branded shop will be situated at Canal Walk Shopping Centre. Including this store, the JSE-listed company is scheduled to open a total of eight
Viewing AI as a platform to Adopt rather than a technology
When it comes to organising and spreading knowledge, AI may do for humanity what the printing press and the internet did for us. It's a huge step forward in our progress. I never considered AI to be a medium, but consider this description from Dictionary.com: "an intervening substance or agency for transmitting or producing an
How Can Order Management Systems Make Use of Modern Technology?
In the future of order management systems, the asset management sector is expected to witness a sustained emphasis on automation and digitization. This might involve employing artificial intelligence and machine learning to increase the efficiency and accuracy of trade execution, as well as incorporating blockchain technology to boost transparency and security. Furthermore, there is a
How Technology Allows CPGs to Achieve More With Less
When I ask CPG executives what their most pressing problem is right now, they always reply the same thing: doing more with less. Budgets have been cut, teams have decreased, and growth is becoming more difficult to come by – especially as the economic future grows increasingly unclear. Yet, customer preferences and requirements are evolving
Utilizing Technology in Business to Get Insights and Develop Strategy
Corporate executives are always seeking for new ways to analyse and evaluate their expansion initiatives. As the global economy evolves, business executives must comprehend how their initiatives will impact their company's future performance. In this post, I will look at how company leaders may analyse and evaluate their development plans, such as assessing market trends,
ChatGPT, Emerging Technologies, and the Future of Hr Department
There is little doubt that numerous disruptive technologies have had a significant influence on all of our lives, drastically altering the way we live and work. In fact, the rate of change—the rate at which new technical discoveries emerge—seems to have accelerated during the last decade. AI In HR Some years ago, I found myself
These are South Africa's wealthiest cities and suburbs
South African cities continue to dominate Africa's top ten wealthiest cities in terms of resident dollar millionaires. According to the Africa Wealth Report for 2023, released by Henley & Partners in collaboration with New World Wealth, Johannesburg has the most dollar millionaires in Africa, with 14,600, followed by Cairo in Egypt with 7,400, Cape Town
South Africa is cracking down on businesses with 'hidden' owners
According to the Financial Intelligence Centre (FIC), improvements to the country's beneficial ownership system would increase corporate transparency, making them less appealing to criminals. During a partnership session with the UN's Southern Africa Office of Drugs and Crime, FIC Director Xolisile Khanyile talked on tools and procedures to acquire beneficial ownership data during investigations into
South Africa's businesses that have been worst hit by liquidations
So far this year, almost 240 South African firms have been liquidated. According to new Statistics South Africa statistics, 243 enterprises were dissolved between the beginning of January 2023 and the end of February 2023. There were 162 liquidations in February alone, which was 1.3% higher than the previous year (160). Stats SA also stated
South Africa's government introduces new minimum service levels for mobile networks and Internet service providers
The newest modifications to the End-user and Subscriber Charter laws, which establish the level of service South Africans could expect from cell carriers and other electronic service providers, have been gazetted by the Independent Communications Authority of South Africa (Icasa). According to Icasa, the modifications aim to improve the country's supply of excellent electronic communication
Warning about load shedding: South Africa is set for a chilly, gloomy winter
According to Alan Winde, premier of the Western Cape province, a delay in completing repairs at Eskom's lone nuclear power unit is concerning as South Africa enters winter, when electricity consumption increases. Construction on the Koeberg facility north of Cape Town has stagnated and is running weeks behind schedule, contributing to energy shortages that have