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New breed of leaders wanted throughout Africa to harness impact investment

The hunt for professionals who can successfully lead and grow companies with a dual mandate of economic and social returns is on throughout Africa

55 minutes ago

57 million riders, drivers affected by Uber breach

Global transportation technology company Uber Technologies has admitted it suffered a breach that saw hackers stealing the personal information of approximately 57 million customers and drivers

By Simon Campbell-Young 3 hours ago

Investors turn against fossil fuels at Paris climate summit

Major investors vowed Tuesday, 12 December, to move away from Earth-warming fossil fuels as world leaders met in Paris seeking to unlock new cash to save humanity from climate "doom"

3 hours ago

Blowing bubbles: Boom and bust from bulbs to Bitcoin

TOKYO, Japan: Virtual currency Bitcoin - or "digital gold" to its fans - has enjoyed a gravity-defying rise along with wild price swings, sparking fears it could be the latest financial market "bubble."

1 day ago

More than just beaches and sunshine, Mauritius is investment friendly too

Mauritius may be perceived as the island of sugar cane and beaches, but since independence in 1968, this African country has focused its attention on innovation and development to create an investor friendly environment

2 days ago

Judges for insurance journalism awards announced

Judges for the Pan African Re/Insurance Journalism Awards 2018 announced

1 day ago

Australia bourse to use blockchain in 'world-first'

SYDNEY, Australia: Australia's main stock exchange has said it will use blockchain, the technology behind cryptocurrency bitcoin, to process its equities transactions in a shift touted as a world-first for a major financial institution

2 days ago

The fate of sterling hinges on the upcoming Brexit discussions

Several major issues remain with the Brexit impasse, notably the Irish border, the rights of EU nationals living in the UK, and pension payments made by the UK to EU nationals

By Boris Dzhingarov, Issued by Monetary Library 1 day ago

Iemas cares about the communities in which we work and live

Iemas recognises that it functions within wider communities and that it is important to provide an opportunity for employees to partake in corporate social responsibility initiatives

Issued by Iemas Financial Services 1 day ago

More than 500 employees have left Sars this year

A total of 506 employees left the South African Revenue Service (Sars) this year, according to Finance Minister Malusi Gigaba.

By Linda Ensor 8 Dec 2017

What happens in a typical business day?

As a digital-first fintech company, we recently wondered what are some of the main business activities that play out in the time it takes us to process and approve a loan application?

By Trevor Gosling 8 Dec 2017

Bitcoin surges past $15,000 for first time as concerns mount

LONDON - Bitcoin ploughed past $15,000 to a fresh record on Thursday, triggering a warning the cryptocurrency was "like a charging train with no brakes" and prompting fresh concern about its looming launch on mainstream markets

8 Dec 2017

The future of financial infrastructure

Since blockchain technology emerged into the financial services industry, there has been no end to the transformations that it has made to our financial infrastructure

By Boris Dzhingarov, Issued by Monetary Library 8 Dec 2017

To save climate, stop investing in fossil fuels: economists

The development of oil, gas and coal energy must stop in order to avoid the worst ravages of global warming, 80 top economists said Thursday, 7 December, days ahead of a climate summit in Paris

8 Dec 2017

10 reasons why medical malpractice is threatening SA healthcare

According to an Econex survey commissioned by the Hospital Association of South Africa (Hasa) in 2015, there were just 60 doctors per 100,000 people in 2013; whereas the world average is 152

7 Dec 2017

Africa needs energy to grow

Africa's underdeveloped energy infrastructure and growing demand could be the catalyst to attract private sector investment and thereby actually fast-track energy development

7 Dec 2017

Namibia slams 'unjust' listing on EU tax haven blacklist

WINDHOEK - Namibia has criticised its listing on a new European Union blacklist of tax havens as unjust and biased, blaming the status on missing a deadline to comply

7 Dec 2017

Twin Peaks: Days of silo regulators are over

The days of silo regulators within the financial services sector are soon ending. Twin Peaks will see the establishment of a dedicated prudential regulatory authority in the South African Reserve Bank (SARB) and a new Financial Sector Conduct Authority (FSCA).

By Lesego Mafadza, Derek Vice, Finn Elliot and Nicky 6 Dec 2017

How a cleverly prepared contract can save millions

The recent matter of The Commissioner for SARS v Reunert Ltd highlights the importance of possessing an intimate understanding of contractual principles when drafting an agreement

By Christopher Renwick 6 Dec 2017

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International

BBM Messenger's Adam Pattison on chat, dark social and the new mobile economy

On his visit from London to South Africa for the MMA (Mobile Marketing Association) Forum in Johannesburg on 2 November and Mobile Monday in Cape Town on 6 November, Adam Pattison, vice president, Americas & EMEA at BBM Messenger, shared insights into chat or dark social and how this is shaping the mobile economy.

By Jessica Tennant 20 Nov 2017

Strengthening of trade, investment ties at Africa ASEAN Business Expo

A delegation from South Africa's Black Business Council recently held talks in Johannesburg with business leaders from Singapore and Malaysia on potential investment and bilateral trade.

16 Nov 2017

How fintech is breaking down barriers in the EU

When thinking about financial technologies, it is natural to assume the term stands for recent developments. Fintech, however, is not a newcomer, but has been a column of the financial industry for the past 60 years or so.

By Boris Dzhingarov, Issued by Monetary Library 15 Nov 2017

WeChat Pay arrives in Paris department stores

PARIS - Chinese tourists visiting Paris are now able to pay for their purchases in two of the city's famous department stores with their smartphones, thanks the adoption of the payment app of the popular Chinese social media network, WeChat.

9 Nov 2017

Redefine Properties to buy 25% stake in another Polish retail portfolio

Redefine Properties, the second largest SA-based property group, is due to expand its offshore property platform with another foray into Eastern Europe. It will acquire a 25% stake in a €1bn retail portfolio of 28 well-established assets in Poland.

By Alistair Anderson 7 Nov 2017

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