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Uber mulls new South African services as it expands African footprint 

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Uber mulls new South African services as it expands African footprint

By: Irma Venter     19th August 2016 There is “huge scope” for Uber to grow in South Africa, says Uber sub-Saharan Africa GM Alon Lits. “My wife and I have one car. I Uber to work every morning and I always drive past all of these cars in traffic with single occupants. I want each and every one of these drivers to switch to Uber.” 

Businesses face disruptive forces

     27th July 2016 • The effects of globalization, digitalization and technological disruption pose fundamental challenges to many businesses • The emergence of industry 4.0 could result in higher risk of large-scale losses • Corporates operating in Africa have a particular role in embracing and responding to new... 

Autonomous cars could change face of motor insurance industry

By: Irma Venter     8th July 2016 The motor insurance industry faces radical restructuring as a result of the advent of autonomous cars. A research report released by Swiss Re and HERE in April, called ‘The Future of Motor Insurance’, calculated that autonomous driving (AD) technologies, such as lane departure warning, blind-spot... 

SA Businesses Urged To Manage Risks Associated With Service Delivery Protests

     4th July 2016 With local government elections scheduled to take place later this year, civil tensions have already begun to escalate and increased service delivery protests seem imminent. While strike action may, at times, be helpful in effecting positive change, the nature of these protests can turn violent... 

Sapvia, German solar association formalise PV cooperation

By: Creamer Media Reporter      1st July 2016 The South African Photovoltaic Industry Association (Sapvia) and German solar association Bundesverband Solarwirtschaft (BSW-Solar) have teamed up to support the development of the nascent rooftop photovoltaic (PV) market segment in South Africa. The agreement, formally signed in Munich, would... 

Insurance industry faces radical restructuring due to autonomous cars

By: Irma Venter     20th June 2016 The motor insurance industry faces radical restructuring as a result of the advent of autonomous cars. A research report released by Swiss Re and HERE in April, called ‘The Future of Motor Insurance’, calculated that autonomous driving (AD) technologies, such as lane departure warning, blind-spot... 

The ‘P’ in PIIGS

By: Riaan de Lange     20th May 2016 It is late in the afternoon on International Workers Day as our family enjoy refreshments in a town on the eastern side of the Algarve, the southernmost region of continental Portugal, about 25 km west of the Spanish border. We are at a street café, in the most glorious of sunshine, with a slight... 

Weak rand poses real threat for the insurance industry

     12th May 2016 The South African insurance industry needs innovative solutions to counteract the negative impact of the dramatic depreciation in the value of the rand since December 2015. A sustained weak currency poses the real threat to catapult the well-established successful South African insurance industry... 

Fortinet Launches Worldwide Network Security Academy to Create Global Pipeline of Cybersecurity Talent

     29th March 2016 Fortinet the global leader in high-performance cyber security solutions, today introduced the Fortinet Network Security Academy (FNSA). The FNSA is designed to develop and train action-oriented cybersecurity experts to manage new and advanced threats on the horizon.  • The Academy is designed to... 

Africa M&A remains buoyant, says Standard Bank

By: Anine Kilian     11th March 2016 Africa’s mergers and acquisitions (M&A) landscape remains buoyant, says Standard Bank, which expects to see more opportunities than ever before in 2016.   The bank noted this week that global M&A activity had been very high in 2015, almost eclipsing the previous record levels set in 2007. The... 

Five SA sectors that should be using Big Data

     7th March 2016 As corporates increasingly harness the power of Big Data analytics to improve productivity, gain market share and a competitive edge, there are sectors that are lagging behind by not fully capitalising on data to produce actionable insights. According to Yudhvir Seetharam, Head of Analytics for... 

Affordability and function key in buying a new car

     19th February 2016 While a first car might mean freedom for both a newly licensed child and the taxi-operating parents, Japanese motor vehicle manufacturer Datsun believes that parents should consider the vehicle’s form, function and affordability before over hastily purchasing. Datsun South Africa GM Des Fenner... 

Used-car market rises while new-car sales decline

     19th February 2016 Sales data released by South African automotive industry information provider the National Association of Automobile Manufacturers of South Africa (Naamsa), has noted that while new-vehicle sales have declined by 6.9% since January 2015, data from vehicle finance and insurance provider Wesbank... 

Zimbabwe set to be region’s diamond hub – report

By: African News Agency      13th January 2016 Zimbabwe is inviting consultants to help establish its own diamond bourse with the aim of becoming a regional diamond trading hub which is expected to attract traders from around the world, a report said on Wednesday. According to Zimbabwe’s state-owned newspaper, The Herald, the diamond bourse,... 

Grain body says South Africa may need to import 5 Mt of maize

By: Reuters     6th January 2016 South Africa may need to import as much as 5-million tonnes of maize this year, roughly half of its requirements, because of its worst drought in three decades, the country's largest producer group said on Wednesday. The drought in the continent's biggest maize producer has been exacerbated by an... 

Regular inspections, monitoring a must to improve turbine efficiency

By: Nadine James     27th November 2015 Systematic independent technical inspections and independent real-time, around-the-clock condition monitoring of wind turbines, which are rarely done in South Africa, will improve their operational efficiency, maintenance and life span, advocates Cape Town-based renewable-energy consultant... 

Financial sector gears up for Twin Peaks implementation next year

By: Natasha Odendaal     26th November 2015 As Parliament mulls the new regulatory framework to govern South Africa’s financial industry, the sector is preparing for its promulgation; however, it will require a complete “rethink” of the way regulators guide financial institutions. The tabling of the Financial Sector Regulation (FSR) Bill... 

Latest Kinsey Report highlights some alarmingly high auto-parts prices

By: Irma Venter     13th November 2015 South African motoring guru Malcolm Kinsey in October released his twenty-sixth Kinsey Report. This report compares prices of the most common automotive parts that may require replacement on a vehicle. The 2015 Kinsey Report covers 74 vehicles in nine categories – the same number of vehicles as... 

Some parts prices ‘alarmingly high’, rand not always to blame – Kinsey report 

By: Irma Venter     23rd October 2015 South African motoring guru Malcolm Kinsey in October released his twenty-sixth Kinsey Report. This report compares prices of the most common automotive parts that may require replacement on a vehicle. The 2015 Kinsey Report covers 74 vehicles in nine categories – the same number of vehicles as... 

Who will pay for SA nuclear accidents, asks Japanese expert 

By: News24Wire      23rd September 2015 Who pays in the event of a nuclear accident? This was the hypothetical question asked by a Japanese nuclear expert who was delivering a lecture on nuclear energy policy issues in the post-Fukushima nuclear accident era. Former vice chair of the Japan Atomic Energy Commission, Dr Tatsujiro Suzuki,... 

Bt Helps Global Financial Industry Keep Data Secure With New Ethical Hacking Service

     16th September 2015 BT today announced the global launch of “BT Assure Ethical Hacking for Finance”, a new security service designed to test the exposure of financial services organisations to cyber-attacks. The wealth of valuable and sensitive personal data held by financial organisations, such as retail and... 

Electrical installations must be performed by registered contractors, says electrical solutions company

     11th September 2015 It is critical for any electrician performing electrical installations, whether at home or at the workplace, to possess appropriate qualifications and also to be a registered electrical contractor, says electrical solutions company Magnet training manager Johan Roets. “The onus is on the user of... 

Industry body sees uptake in registered gas practitioners

By: Dylan Slater     28th August 2015 There has been significant uptake in the registration of gas practitioners who want to ensure that their gas systems and connections are safe to use, perform according to regulated methods and adhere to a high quality of work and record-keeping, says gas authorisation organisation the South... 

Save the date: A-OSH EXPO 2016 is the definitive exhibition for occupational health & safety suppliers

     24th August 2015 There was a marked increase in the number of visitors at A-OSH Expo 2015. With 28% more people attending the exhibition, the stage is set for Africa’s leading occupational health and safety exhibition to bring the latest products and services to a discerning audience of industry professionals who... 

Unlocking Untapped Insurance Markets through Telemarketing

     31st July 2015 Insurance companies are increasingly under pressure to reinvent their sales and distribution models and find innovative ways of reaching new customers.  In a tough economic environment product providers are faced with challenges that include budgetary constraints, regulatory complexity and... 

Solar-geyser manufacturers taking steps to revive flagging sector 

By: Terence Creamer     30th July 2015 South Africa’s Solar Water Heating Manufacturers Cluster of South Africa (SWH-Mancosa) is taking active steps to reinvigorate the solar-geyser sector, which has been left in a “precarious” position following the termination of the Eskom rebate programme in April and delays to the introduction of... 

South African Aerospace Group supports the Square Kilometer Array (SKA) in achieving major milestone

     14th July 2015 Space Commercial Services Aerospace Group, a private South African company providing commercial satellite technology solutions, once again proved that it has world class capabilities, by delivering systems engineering services to the pre-construction phase of the Square Kilometer Array, the... 

Karl Juncker

By: Martin Zhuwakinyu     26th June 2015 Karl Juncker is MD of WEC Projects, a mechanical and process contractor focusing on water treatment, wastewater treatment, biogas-to-energy solutions, sludge treatment and beneficiation 

NDP to bolster private–public sector relations

By: Pimani Baloyi     26th June 2015 Government must make strides to start implementing the National Development Plan (NDP) to strengthen the relationship between the private and public sectors, says consulting engineering firm WSP Parsons Brinckerhoff MD Mathieu du Plooy. “We believe that once implementation of the NDP starts,... 

Top opportunities in Africa surround project ‘hotspots’ – researcher

By: Natalie Greve     23rd June 2015 Viable opportunities for South African companies in Africa were increasingly emerging around so-called development ‘hot spots’ that were anchored by a central megaproject that triggered demand in the local downstream and ancillary markets, the Gas Africa conference heard on Tuesday. “New... 

Leaking Street In Cape Town Cbd Sealed With A.B.E. Polyurea System

     12th June 2015 A.b.e. Construction Chemicals is supplying its VIP Polyurea waterproofing system for an extremely unusual application on one of the main arterials in the heart of the Cape Town CBD. a.b.e. is part of the Chryso Southern Africa Group. Noel Abendroth, a.b.e. Polyurea Performance Coatings Division... 

International trade-credit insurance group launches in South Africa

By: Anine Kilian     5th June 2015 Trade credit insurance company Euler Hermes officially launched its local operations and services for the South African market in Johannesburg, Gauteng, last month. Euler Hermes’ operations include a re-insurance agreement with insurance company Allianz Global Corporate & Speciality (AGCS) South... 

World Water Council and OECD call for global action on financing water infrastructure

     14th April 2015 The World Water Council and The Organisation for Economic Co-operation and Development are calling on policy makers and business leaders to address financing water infrastructure to provide water security for the demands of the global population and global economy. Financing and infrastructure... 

Imperial looks to adjust strategy

By: Natasha Odendaal     24th February 2015 JSE-listed Imperial is preparing to table its next three-year strategy to mitigate the changing context of the environment in which it trades. Speaking at a presentation of the group’s interim financial results, in Rosebank, on Tuesday, CEO Mark Lamberti said the volatile trading environment and... 

Imperial posts lower H1 earnings

By: Natasha Odendaal     24th February 2015 JSE-listed Imperial on Tuesday posted lower earnings for the first half of the 2015 financial year, on the back of a delayed impact of a weakening rand. The group’s headline earnings per share declined 9% to 759c, while earnings per share (EPS) fell 18% to 738c during the six months to December. 

Electronic signatures for original documents to improve insurance for mines

By: Schalk Burger     13th February 2015 The use of electronic signatures can be used to generate original documents in electronic form, which will improve insurance and reduce risks for mines, says digital signature company ARX Africa regional business manager Avi Rose. Mines, mine employees and mining services are distributed widely... 

Mining houses, other stakeholders in bid to mitigate high levels of indebtedness among workers

By: Zandile Mavuso     28th November 2014 About 6.72% of mineworkers in South Africa have been issued with emolument attachment orders (EAOs), which has resulted in a crisis of indebtedness in the mining sector – a crisis that some believe is one of the major underlying factors of the recent labour unrest and protracted strike action.... 

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