South Africa: Latest News
Peter Pedroncelli, 7:44 am AFKI Original
Internet penetration continues to be a challenge in Africa, but there are success stories throughout the continent, with the number of internet users growing consistently. East Africa is a positive story within this context, with a few countries from this region appearing in the list, while the continent’s biggest economy, as well as the most developed economy, feature prominently on the list. Here are the 12 African nations with the highest number of internet users.
Peter Pedroncelli, 5:44 am
The London Stock Exchange has committed to raising capital for Kenya’s energy industry, with the first ever memorandum of understanding signed between the London bourse and the East African government. The agreement was signed by Charles Keter, Kenyan cabinet secretary for energy and petroleum, and Nikhil Rathi, chief executive officer, London Stock Exchange plc. The memorandum sets out the commitment from both sides regarding the raising of funds to benefit the country’s energy industry, through public market equity and debt listings.
Staff, 10:58 am
Columinate has revealed the results of its sixth annual Internet Banking SITEisfaction survey,showing Capitec to be the new king in the digital banking category, ousting FNB.Capitec also picked up top honors in the Mobile Banking category,but FNB beat the newcomer in the Internet Banking category by a fraction of a percentage point.Columinate’s SITEisfaction survey is a measure of customer satisfaction with digital banking.Standard Bank replicated 2016’s results,scoring 70/100 for a second year.
Staff, 8:17 am
Several industries are adopting digital technologies to survive in the digital world, but one industry has lagged in that adaptation and that’s the small medium enterprise market in South Africa. The SME market is not harnessing technology to grow their small business and is ignoring the benefits of using technology to become digital entrepreneurs. Digital technology is becoming increasingly less expensive and most platforms offer a no-cost or free solutions to enable your business to flourish.
Peter Pedroncelli, 8:25 am AFKI Original
Tech companies continue to inspire Africa and Africans through their unique service offering to the continent and the way in which they enhance people’s lives. From renewable energy to telecoms and other tech firms, African consumers are benefiting from a growing tech sector throughout Africa, and certain companies are making waves as inspirational businesses contributing to better lives for the people they serve. Here are 12 tech and telecoms companies that continue to inspire Africa.
Peter Pedroncelli, 9:53 am
The nSight1 is the first privately owned nanosatellite which was designed and built in South Africa due for release into orbit from the International Space Station. On Thursday, May 25, the South African nanosatellite will be injected into low-Earth, subject to International Space Station operations, for a mission that will last between 30 to 60 days as the space station orbits the Earth, making history as a result. As part of the group of 28 nanosatellites from a total of 23 different countries that were launched from Cape Canaveral in Florida on 18 April, 2017, the nSight1 was transported to the International Space Station on a Cygnus cargo spacecraft, United Launch Alliance Atlas V rocket.
Peter Pedroncelli, 4:25 am
Nigeria’s Godwin Benson was selected as the winner of the Royal Academy of Engineering Africa Prize for Engineering Innovation at an event held in Nairobi on Tuesday night. The education innovator was chosen from a final shortlist of four top candidates from the African continent, beating South African Andre Nel, Ugandan Hindu Nabulumba and Kenya’s Kelvin Gacheru to the first prize. The 27-year-old Nigerian designed the Tuteria online platform, which links students to qualified tutors in their area and within their budgets, enabling cost-effective education through innovation.
Ann Brown, 1:00 am AFKI Original
Siyabonga Beyile gives his mom the credit for inspiring the name of his business, The Threaded Man. The South African business started as a blog and evolved into an online mens fashion destination and consultancy. “She used to call me ‘Umfana Othungiweyo’ in Zulu which translates to ‘The Threaded Man,'” Beyile told AFKINsider. “It is the concept that you are not just ‘threaded’ through the clothes you wear but also how you carry yourself.” Major brands such as H&M reach out to Beyile for advice on how to market to the African millennial.
Peter Pedroncelli, 11:10 am AFKI Original
South African professionals are increasingly interested in being involved with the tech sector in the country, as there is a great deal of demand for quality skills that can help in boosting top companies. Universum Global conducts an annual employer attractiveness survey, which focuses on young professionals and their workplace preferences, comprising of responses from 46,891 students and 22,321 professionals from across South Africa. Here are the 10 most attractive tech employers for professionals in South Africa.
Peter Pedroncelli, 4:51 am
U.S. software giant Microsoft has announced plans to open two new cloud data centers in South Africa, in order to provide Microsoft Cloud services for the African market from centers based on the continent. These hyperscale data centers will be built in Cape Town and Johannesburg, representing a strategic advantage for Microsoft, as they will be the only top-tier cloud provider with a data center presence in Africa. With availability of cloud services expected in 2018, the services that will be delivered via the two South African data centers will include Microsoft Azure, Office 365, and Dynamics 365.
- Real Estate