South Africa: Latest News
Staff, 10:44 am
Retrenchment, recession and reduced spending – signs of an economy under pressure, but, it would seem from research that SA companies are fighting back! Local ICT managed services provider Integr8 says there is clear evidence of growth across multiple sectors, based on increased investment in mobile commerce technologies. Frost & Sullivan’s analysis of the retail sector notes that cloud-based services, managed services and cellular connectivity will represent the baseline of IT spend in retail.
Staff, 7:58 am
Is tech killing indigenous African languages? Prof. Leketi Makalela of the Wits School of Education talks back. Discussions on the status of African languages portray a dim view. For centuries, African languages have been under threat as one conqueror after another has imposed their preferred language on various nations on the continent. Subsequently, African languages have low status in our institutions and continue to be marginalized in all spheres of power, including government quarters.
Staff, 7:26 am
The Kalahari is a semi-arid sandy savanna that stretches across huge areas of Botswana, South Africa, and Namibia. It is home to a wide variety of large mammals including giraffes, ostriches, gnus, and various species of gazelle. Food resources constantly change in the savanna as rainfall changes, from grazing pressure and as bush fires spread across the land. Enter Nicolas Rey at the Ecole Polytechnique Federale de Lausanne who have trained a machine-vision drones to do the job instead.
Staff, 7:16 am
Led by serial entrepreneur Jorn Lyseggen, Meltwater Entrepreneurial School of Technology (MEST), is a Pan-African entrepreneurial training program, seed fund, and incubator that was created for the purpose of realizing talent and merging it with opportunity. MEST has been the backbone of a number of world-class African tech and software companies. Leading the pack with inspiring examples of African startup exits such as medical claim handling company ClaimSync and mobile chat app Saya Mobile.
Peter Pedroncelli, 6:35 pm
Aaron Fu was recently appointed as the new managing director of Meltwater Entrepreneurial School of Technology, a training program, seed fund and Africa’s largest tech incubator based in Ghana. The incubator has links throughout Africa, and since launching in 2008 it has already invested over $20 million in African startups. Over 350 individual entrepreneurs have graduated from the training program and over 30 tech startups have been launched thanks to its support.
Peter Pedroncelli, 6:40 am
South Africa’s fintech adoption rate is expected to experience a surge in the near future, with the country’s uptake of fintech services set to be greater than the global average. Africa’s most industrialised economy is forecast to enjoy a future fintech adoption rate of around 71 percent in the coming years, which is far higher than the average global growth rate of 52 percent, according to global accounting and consulting firm Ernst and Young.
Peter Pedroncelli, 6:38 pm AFKI Original
The World Bank Group is committed to supporting the growth of Africa’s digital economy through XL Africa, a business acceleration initiative that is providing a raft of benefits for the 20 most promising startups in sub-Saharan Africa. These African digital entrepreneurs have an opportunity to be mentored by various global specialists, increase their visibility on the continent and receive access to corporate partners and investors.
Peter Pedroncelli, 7:37 am
Somalia’s first innovation tech hub is set to open in Mogadishu this September, supporting the growth of tech startups in the country. The tech hub based in the country’s capital will be called iRise Hub, and will provide a co-working space, as well as research, incubation, and acceleration services for new startups. While connecting, collaborating and sharing ideas, Somali entrepreneurs at iRise Hub will aim to further develop the tech sector in the country.
Peter Pedroncelli, 4:45 am
The new dotAfrica internet domain continues to attract interest, with thousands registrations taking place for the top-level domain. The dotAfrica top-level internet domain attracted over 8,000 registrations since its launch in July this year, displaying a popularity for the domain among businesses, organisations and individuals, with brands such as banks and media companies ensuring that they captured a domain for themselves.
Peter Pedroncelli, 6:15 am
The Johannesburg Stock Exchange is set to welcome a new tech listing in October, with data technology company 4Sight Holdings joining the South African bourse next month. The development represents the first new tech listing on the Johannesburg Stock Exchange in almost three years, with 4Sight Holdings listing on the JSE’s Alternative Exchange – AltX. The last JSE tech listing was Cartrack in 2014.
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