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News

  • Here are this year’s MTN Women in ICT Partnership for Change Awards finalists

    Telco giant MTN has announced the nominees of this year's MTN Women in ICT – Partnership for Change Awards. The awards aim to recognise, honour and celebrate the contribution made by women professionals to the growth and development of the ICT sector in South Africa. The nominees were shortlisted by the award's adjudication panel in a process that was audited by accounting firm BDO. In a statement earlier this week, MTN SA executive for corporate affairs Jacqui O’Sullivan said MTN was pleased with the quality of entries received and grateful for the "sterling work" done by the adjudicators. Winners of the 2018 MTN Women...

  • ADB, FAO commit to raise $100m to boost agricultural sector in Africa

    The African Development Bank (ADB) and the UN's Food and Agriculture Organisation (FAO) have pledged to raise $100-million over five years to support joint activities aimed at promoting investment in Africa's agricultural sector. This after ADB president Akinwumi Adesina and FAO director general José Graziano da Silva yesterday (27 August) signed an agreement in Rome, Italy. The agreement will help enhance the quality and impact of investment in food security, nutrition, social protection, agriculture, forestry, fisheries and rural development. In a statement yesterday, the ADB stated that through the partnership the two organisations "envisage" a collaborative programme that will among other thing see more effective bank-financed investment operations,...

  • Winners of 2018 Resolution Social Venture Challenge announced

    Fifteen teams comprising 32 African social entrepreneurs have been selected as winners of the 2018 Resolution Social Venture Challenge. The challenge is an initiative of the Mastercard Foundation and The Resolution Project, a non-profit organisation which aims to foster youth leadership development through collaborative social entrepreneurship. A total of 30 teams of Mastercard Foundation Scholars gathered in Kigali, Rwanda to compete in the challenge, for a fellowship that includes seed funding, mentorship, and access to a network of innovators seeking global change through high impact community projects. The Resolution Social Venture Challenge winners will receive seed funding and mentorship to lead impactful projects in...

  • Meet the 2018 #InspiringFiftySA winners

    After months of collecting the stories of South African women at the forefront of some of the biggest impacts in the science, technology, engineering and mathematics (Stem) sector, the Netherlands Consulate General has announced this year’s #InspiringFiftySA winners. This year marks the second edition of the global initiative which welcomed 276 nominees at the closing of the nomination period on 9 July. In a statement today (1 August) Netherlands Consul General Bonnie Horbach said the judges had a hard time selecting the final 50 based on the high calibre of the nominees. "These groundbreaking women will not only be recognised in South Africa, but will form...

  • MTN Women in ICT awards to help close gender gap, recognise top achievers

    Telco giant MTN is looking to help close the gender gap and recognise top achievers with the third edition of its MTN Women in ICT Awards. Nominations close on 12 August. The awards, which are spread out across nine categories, will also aim to celebrate and acknowledge tech innovators and women entrepreneurs running ICT businesses. In a statement yesterday (25 July), MTN South Africa executive for corporate affairs Jacqui O'Sullivan said the telco believes that gender diversity is crucial to growth in the ICT sector and that the company is committed to help drive the change. The MTN Women in ICT awards aim to...

  • Deputy minister to launch domain name registration platform today

    Those who register South African companies can now register domain names at cost price through the Companies and Intellectual Properties Commission (CIPC), with the launch today of a new platform by Telecommunications and Postal Services Deputy Minister Stella Ndabeni-Abrahams. Ndabeni-Abrahams is due to launch the Domain Name Registration Platform (currently the service is available through the CIPC's eservices platform) at the Radisson Blue Gautrain Hotel in Johannesburg this morning. In a media statement the department said the .ZA Domain Name Authority (Zadna) and CIPC have collaborated to develop a system that integrates company registration and domain name registration. The partnership makes it easier and more convenient...

  • Is DPO PayGate now Southern Africa’s biggest payment services provider?

    Kenyan online payment services provider Direct Pay Online Group (DPO Group) has consolidated the six Southern African payments services startups it has acquired into one brand, DPO PayGate -- potentially creating Southern Africa's biggest payment services providers. As part of the brand consolidation, Virtual Card Services (VCS) South Africa, Namibia and Botswana, PayThru, PayGate and 3G Direct Pay will all be rolled up under the DPO PayGate brand. The consolidation makes DPO PayGate one of the biggest payment services providers in the Southern African region Between 2016 and 2017 the Nairobi-based company acquired PayGate, PayThru, VCS in South Africa, Namibia, and Botswana as well as SID Instant EFT. Commenting on...

  • Tsiba college makes 30 more scholarships available for business degree students

    Cape Town based Tsiba Education college has made 30 additional scholarships available to help what it says is the "critical" national shortage for funded spaces at South African universities. In a press release Tsiba Education said in the 14 years the college has offered its accredited BBA business degree, its graduate success rate has consistently remained double the national average with a 93% employment rate. The course is valued at R55 000 a year. Tsiba will open its doors in Pinelands, Cape Town from 23 to 26 January to offer 30 additional scholarships to students for its BBA business degree Tsiba Education said in the 14 years the college has...

  • ‘Entrepreneur prize not bankrolled by Angolan sovereign wealth fund’

    Swiss Angolan entrepreneur Jean-Claude Bastos de Morais says his Innovation Prize for Africa (IPA) has not received any donation from Angola's sovereign wealth fund which his company manages. The (IPA) is an annual competition which honours leading entrepreneurs and innovators on the continent and is run by the African Innovation Foundation. Angolan President João Lourenço last week sacked former president Eduardo dos Santos's son José Filomeno dos Santos as head of the sovereign wealth fund. Dos Santos junior has a close relationship with Bastos de Morais, whose company Quantum Global manages Angola's sovereign wealth fund. 'The IPA is not related nor receives donations from the Angolan sovereign wealth fund...

  • Here are the 10 easiest places in Africa to run a business reveals World Bank

    South Africa is now only the sixth easiest country in Africa to run a business -- behind star performer Mauritius -- and has slid eight places to 82 out of 190 countries, reveals the World Bank's latest Doing Business report. The report, released yesterday, puts South Africa now behind the island country, Rwanda, Morocco, Kenya (up from 92 last year, to 80th spot) and Botswana. Among fellow emerging economies India shot up 30 places, to 100th spot, Russia gained five places to 35 -- while Brazil slid two places to 125 and China remained at 78. In addition South Africa has slid in the...