Small and medium retailers stand to benefit from a growing trend among South African consumers to support local brands and stores. This trend is unfolding at two layers—a preference for goods and products that are locally manufactured and proudly South African and growing enthusiasm to support stores owned and run within the community. That’s according...
Month: <span>September 2024</span>
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Netflix plans to broadcast NFL games on Christmas Day
Netflix co-chief executive Greg Peters has hinted at the streaming service’s approach to its upcoming National Football League (NFL) Christmas Day game broadcasts, saying it plans to approach the games differently to other rights holders. The streaming giant agreed a deal with the league in March to show at least one live game on Christmas Day globally...
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Is Cybersecurity Broken? Digital crime continues to grow while companies keep spending heavily on security
Companies are spending large amounts on cybersecurity, yet cyber threats continue to persist and thrive. Security executives are under tremendous pressure, and companies are questioning the wisdom of their security budgets. These views are still at the fringe of a US$800 billion industry that prefers to drum up the inevitability of cybersecurity purchases. Investing in security...
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National Bank of Malawi secures US$100 million cash injection from Afreximbank to support trade finance
In a move set to significantly boost trade financing in Malawi, African Export-Import Bank (Afreximbank) has signed a landmark US$100-million Trade Finance Facilitation Facility (AFTRAF) agreement with National Bank of Malawi (NBM) Plc, the country’s largest bank by assets. Representing the largest AFTRAF facility ever to be extended by Afreximbank in Malawi, the US$100-million AFTRAF...
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USHER and Tyla joins COKE STUDIO 2024 Lineup to Bring Exclusive Experiences to music fans
COKE STUDIO 2024 unveiled exciting new additions to this year’s lineup, welcoming global music superstars, USHER and Tyla. Marking another milestone for COKE STUDIO™, Coca-Cola’s premier global music platform, USHER and Tyla are joining this season alongside several incredible artists including Karol G, NewJeans and Peggy Gou, delivering exclusive musical experiences to fans around the...
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Government of National Unity (GNU) welcomes repo rate cut
Government has welcomed the announcement by the South African Reserve Bank to cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also drop to 11.50%. Government Communication and Information System (GCIS) Acting Director-General, Nomonde Mnukwa, said the cut will come as a relief for cash strapped...
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Africa Women Innovation and Entrepreneurship Forum (AWIEF) announces Finalists for the 2024 AWIEF Awards
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) announced the finalists for the prestigious 2024 AWIEF Awards, set to recognise and celebrate the achievements of Africa’s women entrepreneurs and business leaders. The awards, held annually as part of the AWIEF conference, honour the impact of women entrepreneurs in driving innovation, promoting gender equality, and contributing to...
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OPINION | Trauma and Triggers Between Nine to Five writes Alvin Govender
The past few years have seen a massive turnaround in the awareness of mental health conditions and how they affect us in the workplace. Phrases like trigger warning, PTSD, and workplace toxicity are becoming commonplace and a wider acceptance of the importance of nurturing mental health has been found. The key to building positive and inclusive workspaces that feed resilient...
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Standard Bank one of the world’s ‘best companies’ says Time Magazine
Standard Bank Group has received kudos from two renowned American magazines for its performance and culture, it announced in a media statement on Tuesday. TIME Magazine recognised South Africa’s largest bank by assets as one of its world’s best companies, while it was named as one of Newsweek’s world’s most trustworthy companies. “These accolades from...
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The costs of cyberattacks: How one breach can sink a business
In today’s interconnected world, cyberattacks are more frequent and more dangerous than ever before. Businesses, regardless of size or industry, are prime targets for cybercriminals. These attacks can cause widespread damage and create long-lasting consequences. Kaspersky dives into the impact of cyberattacks on business and reveals the key losses that an unprotected business can suffer....