The Easter weekend and upcoming school and public holidays are an important trading season for retailers, but they also often see crimes against retail businesses soar...
It has been a year of reckoning: a year that lit a fire beneath online payments in South Africa, transforming e-commerce while creating immense economic pressure...
Karen Nadasen 22 Dec 2020
Despite Covid-19 creating so much existential risk and uncertainty, or perhaps because of it, management accountants are well positioned to differentiate themselves and help their organisations prepare for an uncertain future as lockdowns are lifted...
Andrew Harding & Sara Bux 27 May 2020
"Uncertainty is the new normal for today's business leaders, especially in the technology world where evolution - and even reinvention - is expected on a daily basis"...
With South Africa predominantly a cash-driven country, cash logistics is without a doubt a main artery of our economy...
CoGTA Minister Zweli Mkhize says a number of investigations have been launched with the aim of bringing those responsible for unlawfully investing municipal funds with VBS, to book...
Tiso Blackstar Group has clarified its position, that it is in fact performing well and ahead of expectations, following what it calls misleading reporting by Independent Media...
The need for African banks to innovate at a quicker pace and access new customer segments is behind the increasing number of financial institutions partnering with or investing in fintech startups...
Tom Jackson 13 Apr 2018
SAP Business One partner, Bluekey Seidor, has introduced a software solution tailored for the medical distribution industry...
It's fantastic that you know creatively where you want to take your company, but a cash flow forecast will make sure you've always got the funds to get you there...
Boris Dzhingarov, Issued by Monetary Library 3 Nov 2016
The Internet of Things (IoT ) will change the African landscape of data communications...
South Africa's mining industry is still wallowing in the doldrums, with 2016 pegged as another difficult year...
Ericsson, Grundfos have established a partnership to provide water ATMs that dispenses water and supports sustainable water management...
Ingenico Group deploys a cashless revenue collection solution in Kenya...
To counter the growing unemployment and slow growth of the South African economy, Awethu Project has launched a new initiative, calling South Africa's young entrepreneurs to apply to participate in its 22-week business incubator programme...
Faith Ngwenya, acting CEO of the South African Institute of Professional Accountants (SAIPA), says that three common challenges undermine the viability of small and medium enterprises...
In a few short weeks, another year will draw to a close and thousands of South Africans will begin setting off for holiday destinations around the country. For franchise owners, especially those in the fast food business, their busiest and most lucrative time of the year awaits...
Retailers want banks to share the pain of the congestion, costs and risk of crime associated with grant payouts, writes Zeenat Moorad...
South Africa has an ever-increasing number of shopping malls. While they offer consumers convenience and retailers good volumes of foot traffic, safety risks are a significant concern that need to be carefully managed and can be mitigated by using the right tools...
Grant Dunnington 14 Aug 2015
With an increasing number of South African investors and their advisers looking offshore for investment opportunities, one sector to consider is global banks...
Lisa Haakman 15 Jul 2015
Most banks feel it is important to find ways to give small and medium enterprises (SMEs) access to finance to increase the positive effect they have on the national economy...
Businesses should make use of new and advanced solutions to protect themselves when handling cash as they are increasingly exposed to risks, leading to the need for comprehensive insurance cover...
Kabir Dhupelia 15 May 2015
A survey among 79 banks from around the world has has indicated that a user-centric approach which allows executives to choose their own device is fundamental to a bank's success in mobile corporate banking services...
Seed Academy, the school for entrepreneurs has broadened its training offering from a focus on startups to developing entrepreneurs of small and micro businesses...
The Competition Commission has approved with conditions the intermediate merger whereby Fidelity Cash Solutions and Fidelity Security Services intend to acquire several businesses from Protea Coin Group...
With the festive season approaching, fast food franchise owners should consider marketing special offers and promotions to encourage sales...
National government has restored the powers of the Limpopo provincial government following a successful intervention to get that province back to good financial standing.
SMEs that are able to offer their clients more favourable credit payment terms are gaining a competitive edge within their industry, while those struggling to grow in the current economic environment need to employ financial solutions that are more resourceful.
Gary Palmer 4 Sep 2013
South African based parking management company, Interpark, a member of the Excellerate Property Services group, is focused on increasing its footprint into the continent. Currently it has over 240 contracts across South Africa, Swaziland and Botswana, with its first site in Namibia due to commence in November 2013.
Electronics group Reunert will continue to focus on "rigorous cost control and act with prudence" over the next six months‚ it said on Tuesday (21 May) when its results for the six months to March were released.
The International Monetary Fund (IMF) Regional Technical Assistance Center for East Africa (East AFRITAC) has scaled up its support for member countries over the past year and continues to deliver capacity building that is relevant and effective.
The National Treasury has extended the benefits of its headquarter tax regime to companies listed on the Johannesburg Securities Exchange.
Linda Ensor 1 Mar 2013
Beyond 2020, trends predicted include non-cash payment methods and removing the circulation of cash (and as a result guns and crime) from society, thus fulfilling the talk about becoming a cashless society.
South African Airways (SAA) is testing the domestic debt market ahead of a planned bond issue to raise R1.5bn to ensure it has sufficient cash in the coming months while a task team devises a turnaround for the distressed carrier.
Nicky Smith 12 Feb 2013
CAPE TOWN: While inroads have been made in addressing some of the challenges facing the administration in Limpopo, more work still needs to be done to rectify the situation, says Finance Minister Pravin Gordhan.
Dennis Cruywagen 22 Nov 2012
Covering key matters at the 4th Annual AMC International Cash Handling & Security Forum 2012, Richard Phillips, MD of Cash Connect, focused on the pertinent topic of the importance of cash in the current South African economy.
African Accountants, CFOs and Financial Leaders will convene at the Sandton Convention Centre in Johannesburg on 16th October to discuss strategy and innovation and share knowledge on financial best practices.
Defence manufacturer, Denel, has initiated a realignment of companies in the group that will lead to savings, increased efficiencies and more effective corporate governance. The changes to Denel follow the appointment of Riaz Saloojee as new group CEO in November 2011.
On Tuesday 17 July 2012 and Wednesday, Melrose Arch will host the Bidvest company, Global Payment Technologies (GPT), in an open day to integrate 12 of its suppliers in an exhibit on the latest trends in cash processing. Recycling of cash in both bank branches and retail stores will demonstrate how cash utilisation and movement can be optimised.
SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.
SBV Services have expanded their cash centre services by opening new centres in the towns of Burgersfort and Louis Trichardt in the Limpopo province. The launch of the two centres is part of the organisation's growth strategy, which entails introducing new and upgrading existing cash centres in high cash demand areas.
Limpopo's liquidity and solvency challenge has been solved and payments to suppliers have begun returning to normal, while a number of provincial departments that were last year placed under administration have been able to reduce overspending, the National Treasury told Parliament on Wednesday.
As a significant banker across all three tiers of government, Absa is in the final stages of establishing a partnership with an important inter-governmental relations platform - the South African Cities Network.
ARB Holdings, South Africa's largest independent distributor of electrical products, on Thursday (9 February 2012) reported a 4% increase in headline earnings per share from 15.07 cents to 15.69 cents for the six months ended December.
Paying for parking at shopping centres has become the norm but, though the public has come to accept it as yet another grudge payment, little is known about how the fees are determined and why they even exist.
PRETORIA: While access to basic services is improving, many South Africans are still waiting for municipal services, Deputy Finance Minister Nhlanhla Nene said on Monday, 12 September 2011.
The Standard Bank Group, which operates as CfC Stanbic Bank in Kenya, plans to replicate its bulk mobile payments service in its Tanzanian and Ugandan markets.
Bronwen Rohland, Pick n Pay's new marketing director, is a formidable operator. Credited with managing the group's R500m SAP implementation and its evolving supply chain strategy, she will now direct her energy towards marketing.
Sasha Planting 1 Nov 2010
The Economist Group, owner of the weekly newspaper, The Economist, and a leading source of analysis on international business and world affairs, has opened its first commercial office in sub-Saharan Africa this week in Sandton, Johannesburg, South Africa.