South Africa

South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game. The Western Cape offers beaches, lush winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain.
Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
February 27, 2019  |  B2B Payments

The South African economy has struggled in the last decade. Gross domestic product (GDP) growth has failed to surpass 4 percent, with unemployment hovering above...

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Global Leaders Want Global Oversight Of Big Tech
Global Leaders Want Global Oversight Of Big Tech
January 24, 2019  |  Regulation

World leaders from countries including Japan, South Africa, China, and Germany said there should be global oversight of the technology industry, underscoring the interest internationally...

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Late Payments Help Sink UK SME Confidence
Late Payments Help Sink UK SME Confidence
November 27, 2018  |  B2B Payments

In the U.K., the twin barrels of Brexit and late payments have helped erode confidence in growth prospects, according to Dun & Bradstreet. Elsewhere, Australian...

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South Africa Government Losing Billions To Trade Mis-Invoicing
South Africa Government Losing Billions To Trade Mis-Invoicing
November 21, 2018  |  B2B Payments

Analysts estimate the South African government has lost a total of about $37 billion as a result of misinvoicing in its global trade operations. Reports...

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Naspers Invests $300M In South Africa Startups
Naspers Invests $300M In South Africa Startups
October 30, 2018  |  Investments

Naspers has announced that it has created an R1.4bn ($300 million) startup fund to boost the technology sector in South Africa. Naspers Foundry, which will...

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In Africa, Yoco Powers SMES Beyond Cash-Based Commerce
In Africa, Yoco Powers SMES Beyond Cash-Based Commerce
September 11, 2018  |  Point of Sale

In Africa, small to mid-sized enterprises are an engine of the overall economy. As noted on the International Trade Centre’s website, more than 70 percent...

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Bitcoin Daily: South Africa Mulls Crypto Tax, Opera Unveils Crypto Wallet For Desktop
Bitcoin Daily: South Africa Mulls Crypto Tax, Opera Unveils Crypto Wallet For Desktop
August 09, 2018  |  Bitcoin

Romir Research Holding found that 44 percent of Russians know about virtual money and only 31 percent have an idea of what digital currency is,...

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TransferTo Teams Up With Stellar; Bunq Unveils Payment Link Service
TransferTo Teams Up With Stellar; Bunq Unveils Payment Link Service
July 25, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes TransferTo‘s tie-up with Stellar Development Foundation for cross-border facilitation services. In...

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Liberty CEO: Customers Untouched By Recent Cyberattack
Liberty CEO: Customers Untouched By Recent Cyberattack
June 18, 2018  |  Safety and Security

Liberty Holdings’ CEO said its customers have not suffered any financial losses so far after the company was hit with a cyberattack over the weekend....

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