South African Business
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South African Business is the guide to business and investment in South Africa. South African Business showcases business news and opportunities in South Africa. It is produced by Global Africa Network Media, a business-to-business print and digital media company based in Cape Town, South Africa.
South African Business
8h ago
The vast majority of goods are still transported by sea. According to SAPICS (The Professional Body for Supply Chain Management), sight is often lost, however, of how shipping disruptions have a far-reaching impact on global trade and supply chains, including inflation and food and energy security.
To survive and thrive in an environment marked by a host of problems in maritime trade, businesses must be able to identify the risks and have plans in place to mitigate them, SAPICS stresses.
In its first quarter report for 2024, the International Chamber of Commerce (ICC) International Maritime Bu ..read more
South African Business
23h ago
12th Edition of the Premier Banking Summit
Join us for a dynamic and insightful event, bringing together top minds in the industry to explore the latest trends and best practices. Connected Banking – Southern Africa is an unparalleled opportunity to connect with peers, engage with experts, and gain practical knowledge that can help you stay ahead in the fast-changing world of finance.
The summit unfolds as a stage for thought leaders, innovators, and visionaries to delve into the pulse of South Africa’s banking industry. We navigate the challenges and opportunities presented by the dynamic con ..read more
South African Business
23h ago
By John Young
In film, tourism and oil and gas the numbers are increasing. More film shoots, more tourists and more drilling for oil and gas are all positives for the balance sheet of the Western Cape. But when it comes to energy, transport and housing, the Western Cape Provincial Government and its municipalities are having to make up for reduced supply: less electricity from the national grid, fewer trains running and not enough houses to make up for the continued movement of people to the province.
Rather than sitting back and lamenting the situation, the provincial and municipal authoritie ..read more
South African Business
3d ago
In today’s rapidly evolving business landscape, supply chains are going through a remarkable transformation. No longer linear processes, they have become dynamic and interconnected ecosystems adapting to emerging technologies, market trends and global challenges.
SAPICS has been providing an exceptional platform for supply chain professionals to exchange knowledge and practical experiences at its world-class annual conference in South Africa for 46 years. Held for the second year in association with the Southern African Association of Freight Forwarders, SAAFF, the 46th Annual Conference promi ..read more
South African Business
3d ago
South African consumers’ views on environmental perceptions, preferences and attitudes towards print, paper and paper-based packaging have been included for the first time in an international survey, which showed that many are still confused about the relationship between farmed wood for papermaking and deforestation.
The responses of 10 000 people in 16 countries were documented by Two Sides in the biennial Trend Tracker Survey. While 71% of South African consumers agree that it is important to use paper products from sustainably managed forests, and 36% pay attention to forestry certificatio ..read more
South African Business
1w ago
Audit Technology in the spotlight
The Audit Tech Conference to be hosted on 22 & 23 May at the Indaba Hotel Fourways will seek to address the new dynamic agile technology auditing landscape within financial services.
Integration of latest technologies into audit processes has led to high quality audits, providing unrivaled insights and enhancing the way we look at risk, whilst reducing the margins of error in the current intense climate of regulatory and public intolerance towards audit failures.
As much as this technological revolution comes with opportunity it also brings with it more co ..read more
South African Business
1w ago
Non-bank financial sector vulnerabilities surface as financial conditions tighten
As trends and shifts in the financial sector increases, NBFIs have emerged as key players in the financial sector.
It is vitally important to understand and screen this expanding financial sector that comprises a line-up of institutions beyond banks.
Non-bank financial intermediaries including investment funds, pension funds, insurers, money market funds and credit providers, also play a key role in the global financial system by providing financial services and credit and thus supporting economic growth.
The gro ..read more
South African Business
1w ago
The modern industrial landscape is evolving rapidly. Downtimes, energy losses, quality and efficiency hurdles shouldn’t hinder your progress. SAKE Energy Solutions recognizes these challenges and are primed to address them.
Our team is ready to assist with cutting edge customised solutions, including and not limited to:
Operation and Management Systems
Machinery Protection Software
Machinery Monitor System (condition monitoring)
Energy Management System
Operator Training System
Compressor Control System
Real-time Database
Monitoring and Optimisation software
Batch Management System
Alarm Ma ..read more
South African Business
3w ago
Last week, a colossal mural of the Springboks was unveiled on the Park Central Lifestyle building along Blanckenberg Street, Bellville, as part of the City of Cape Town’s better. bellville. together. initiative. This larger-than-life artwork of our rugby heroes marks a significant moment not only for the local community but for the entire nation – a symbol of unity and pride that highlights the profound importance of the Springboks in South Africa, particularly following their recent triumph at the World Cup.
The better. bellville. together. initiative is a city-funded placemaking initiative ..read more
South African Business
3w ago
Limpopo Province continues to be one of the major recipients of tourism arrivals from South Africa’s core international markets given its broad tourism product offerings and appeal. Before the outbreak of the Covid-19 pandemic in 2020, Limpopo Province was the leading destination in terms of arrivals and spend in the domestic tourism space.
The most recent statistical release by Statistics South Africa shows that in 2020 the Eastern Cape received 18.2% and became the most-visited destination for overnight trips followed by Limpopo with 18.0%.
In 2021, the most-visited province was Limpopo ..read more