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All posts tagged "South Africa"

  • The importance of digital finance for financial inclusion in South Africa

    The Banking Association of South Africa defines Financial Inclusion as a development that improves the “range, quality and availability of financial services and products focusing on the unserved, under-served and financially excluded. Principles of financial inclusion include: access, affordability, appropriateness, usage, quality, consumer financial education, innovation and diversification, and simplicity.” According to Bank SETA, 53% of the country’s adult population is unbanked. The reasons vary, including the fear of exploitation, an inability to access physical bank buildings, strict FICA requirements and the steep fees. But factors like the lack of trust in the traditional banking sector, concerns about safety and...

  • me&you mobile: SIM-only contracts are the future [SPONSORED]

    Selling SIM cards isn't a new, brave business venture. Hell, your local corner shop probably sells spade-loads of them, and perhaps even allows you to RICA them as well. But moving this business entirely online is an interesting step that me&you mobile has undertaken. The company, now just over a year old, believes that SIM-only contracts are the future for consumers. But how exactly does me&you describe itself? "me&you mobile is a month-to-month, SIM-only mobile network offering the lowest call rates on the market," company brand manager Dean Ormsby explains. Currently servicing around 15 000 customers, me&you buys voice and data from...

  • High IQ equals low piracy rate, study finds, but SA bucks trend

    A new study has found "strong support" that a high national IQ often results in low piracy rates. The study, titled 'Intelligence and Crime: A novel evidence for software piracy', used IQ and piracy data from 2011 for 102 countries. So what did the researchers find? "Our findings offer strong support for the assertion that intelligence is inversely related to the software piracy rates," read an excerpt of the paper. "After controlling for the potential effect of outlier nations in the sample, software piracy rate declines by about 5.3 percentage points if national IQ increases by 10 points." Who are these "outlier" nations though?...

  • Huawei P9, P9 Lite to double SA marketshare?

    Huawei has revealed some interesting numbers for its P9 and P9 Plus, announcing that the phones have sold 2.6-million units globally in its first six weeks. The Chinese manufacturer said this equated to a 130% increase over the P8 for the same period of time. The company added that its global marketshare was sitting at 8.5%, "supported by aggressive growth in the South African market". Charlene Munilal, the general manager for Huawei's Consumer Business Group in South Africa, said that sales of both the flagship and P9 Lite were ahead of expectations. Read more: Huawei P9 trio launched in SA, but more devices to come? "P9...

  • Dory finds top spot in SA cinema rankings [2016/06/20]

    Finding Dory, the sequel to 2003's hit Finding Nemo, has taken top spot over the weekend (17 to 19 June) in South African cinemas. It's managed to kick the WarCraft movie down a spot from first place last week. Besides Finding Dory, the top five movies this past week are mostly the same as before, with Now You See Me: The Second Act, Angry Birds, and The Conjuring 2 occupying positions in the top five. Last week's newcomer, The Nice Guys has entered at sixth position, while the once-titan X-Men: Apocalypse is now sitting in tenth place and edging its way off...

  • The Pretty Cities of Instagram: 10 picturesque portraits of Port Elizabeth

    As much as Instagram’s a great platform for cat pictures and brunches, it’s also rather great for couch travellers. Speaking of which, welcome to our new feature entitled Pretty Cities of Instagram, where each week, we’ll take a look at some of the best snaps of cities as seen from the lenses of Instagram users across the world. We're heading back to the coast this week to visit one of South Africa's oldest cities -- Port Elizabeth. Founded in 1820, The Bay, iBhayi or the Nelson Mandela Bay Metro is home to over a million of the friendliest people in...

  • Telkom teams up with Vumatel to expand fibre footprint

    In areas where Telkom connectivity is lacking, Vumatel has often stepped in to deliver the goods. Now, the fixed-line incumbent has announced a rather surprising partnership with the upstart service provider. Telkom's Openserve has announced that it would be "leveraging" Vumatel's open-access fibre network to launch products in over 20 new suburbs in Gauteng. Vumatel has made a name for itself by launching so-called fibrehoods, offering connectivity in selected suburbs across Johannesburg and Cape Town. "The fibre industry is highly competitive and we have seen an accelerated rollout of fibre networks across the country. While Openserve holds the lion share of the national fibre footprint --...

  • Twitter pans (then praises) Springboks after comeback against Ireland

    Even if you missed this weekend's second rugby test match between South Africa and Ireland, you probably heard disgruntled Springboks fans shouting at their televisions. Trailing 3-19 at half-time, the Springboks were (for probably the first time in living memory) booed off the hallowed Ellis Park turf in Johannesburg Saturday night. And it wasn't only the Johannesburg faithful who had a few things to say. Twitter came alive with the trending topic #SAvIRE (among others), and users couldn't resist airing their views of the Springboks' indifferent performance at half time: Abysmal first half. Loosies shocking again, front row destroyed. Back 3 pathetic....

  • WarCraft enters number one position for SA movie goers [2016/06/14]

    Over the past weekend (10 to 12 June), SA audiences clamoured to see the next video game to big screen adaptation, WarCraft. It just goes to show that the general public doesn't always listen to reviews. The top three spots this weekend were dominated by WarCraft, Now You See Me: The Second Act, and Angry Birds. Another newcomer this week is The Conjuring 2 sitting in fourth position. It looks like superhero movies are making way for newer titles. Captain America: Civil War is no longer in the top 10, with X-Men Apocalypse having slipped from first to fifth position. Alice Through the...

  • The Pretty Cities of Instagram: 7 great snaps of Bloemfontein

    As much as Instagram’s a great platform for cat pictures and brunches, it’s also rather great for couch travellers. Speaking of which, welcome to our new feature entitled Pretty Cities of Instagram where each week we’ll take a look at some of the best snaps of cities as seen from the lenses of Instagram users across the world. This week, we venture inland from the warm coastline of Durban, to the frigid golden countryside of the Free State, and its largest city, Bloemfontein. As South Africa's judicial capital city, Bloemfontein is rich in history and architectural heritage, but it's not known...

  • Don’t want to support Uber? Another cab service has (re)launched in SA

    Looking for an alternative to the likes of Uber and Unicab? Well, Taxify has become the latest smart cab service to launch in South Africa. Or is that "relaunch"? As the service already had a South African launch on February 1... Anyway, the Europe-based service, which relaunches on Friday 29 April, will be available in Johannesburg at first, the company announced in a press statement. As for platforms, Taxify is available on Android, iOS and Windows devices. How does the service differ from that of Uber's then? For starters, Taxify users can pay with cash (in addition to credit/debit cards), while users can also...

  • Twitter goes gaga for first Starbucks store in SA

    Depending on who you speak to, Starbucks is either the greatest gift America gave the world or muck masquerading as coffee. Anyway, the first store has finally launched in South Africa this morning at Rosebank Mall and everyone had something to say about it. Many were ecstatic, having queued for hours to be among the first in line.   Having my name spelled wrong on a Starbucks cup on home soil is a dream come true. #StarbucksSouthAfrica pic.twitter.com/5ah6SOHhA1 — Nicolaas vd Walt (@nicolaasvdw_) April 20, 2016 #StarbucksSouthAfrica #MeetMeAtStarbucks queuing since 12:30 this morning! pic.twitter.com/Zeu8Uv1fDn — Starbucks_SA (@Starbucks_SA) April 21, 2016 Talk about #FOMO. Fans have been waiting...

  • Vumatel gets big backing, to spend R3bn on home fibre

    Vumatel is one of the most prominent players in South Africa's fibre internet market. Now, it's received some significant financial muscle courtesy of a deal with Standard Bank. The service provider has announced a deal with the bank which is "likely to be one of the largest debt capital raising-based deals of its kind in the fibre-to-household industry", it said in a statement. The move comes after it launched its first residential fibre network to residents of Parkhurst, Johannesburg in August 2014. "Since its launch less than 18 months ago, Vumatel, as a supplier of high-speed fibre connectivity to homes, has become one of...

  • What can VR do for your business? Check out this Cape Town showcase

    Between the GearVR and Oculus Rift, it's clear that virtual reality (VR) is gradually becoming mainstream. And like any piece of tech, there's always one industry you can depend upon to get to the table first. Well, aside from the porn industry... We're talking about the advertising industry of course, and Cape Town is no exception as VR studio SenseVirtual hosts a showcase for businesses this week. Africa's Virtual Reality and 360 Video Showcase takes place on April 14 at Bandwidth Barn in Woodstock - so what can attendees expect? SenseVirtual founder Tyrone Rubin says that people will be able to view CG experiences and...

  • Uber basks in phenomenal SA growth

    On-demand driving service Uber has seen phenomenal growth since launching in South Africa in 2013. The Silicon Valley startup has been taking the world by storm since 2011, but its growth in South Africa has been faster than many other countries. This is according to Regional General Manager of Uber in Sub-Saharan Africa, Alon Lits. "In a short space of time, we're doing tens of thousands of trips per day, with thousands of drivers on our system. South Africa is a really great example of Uber’s growth in a marketplace. In 2014 we helped facilitate more than one million trips and doubled...