African SMEs
Vodacom & Accenture Join Forces for Bespoke Cybersecurity
South African telco Vodacom and Ireland-based IT services company Accenture have partnered to launch Vodacom Managed Security services through Vodacom Business. The partnership was publically announced yesterday via press release. Vodacom Managed Security services is a new solution that creates custom cybersecurity modules for small businesses in South Africa. According to Vodacom, South Africa has among the most cybercrime incidents in the world and a lack of sufficient investment in cybersecurity has led to this crisis. This is particularly true for small- and medium-sized enterprises (SMEs) that simply don’t have the same human capital, technology assets, and financial resources as larger businesses. Vodacom Business and Accenture have launched the Vodacom Managed Security Services to o...
Mastercard & Meta Join Forces to Support SMEs in Africa
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What SMEs Should Know About Ransomware
Image sourced from Feed Navigator. Ransomware attacks are on the rise and malicious cybercriminals are always fine-tuning their strategies. Business leaders need to realise that their tactics include disrupting critical business operations across all industry verticals and businesses of all sizes, including small to midsize enterprises (SMEs). With most of the recent headline-making ransomware attacks against larger organisations who are likely to be more financially capable of meeting exceeding large ransom demands, the findings around the targeting of smaller businesses with fewer resources raise the question as to why ransomware operators are going after SMEs in the first place. The frequency and severity of successful ransomware attacks have a tremendous impact on victim organisations ...
3 Important Reasons for African SMEs to Revise their Business Models Post-COVID
Image sourced from CodeXtra Trends, /* custom css */ .tdi_4_3b6.td-a-rec-img{ text-align: left; }.tdi_4_3b6.td-a-rec-img img{ margin: 0 auto 0 0; } For every company, innovation is tremendously important, but in many cases, innovation is only associated with new products or technical renewals. However, business model innovations can be significantly more profitable, and current pandemic-driven changes in customer behaviour and technological innovations have created a window of opportunity for companies to explore new business models. Every company has a business model, but at times, this must change to ensure the company’s ongoing success and ultimately, its survival. /* custom css */ .tdi_3_a9d.td-a-rec-img{ text-align: left; }.tdi_3_a9d.td-a-rec-img img{ margin: 0 auto 0 0; } Even minor ...
Why Reimagined IT Strategies are Mission Critical for SMEs
Image sourced from IT Web Small and medium enterprises (SMEs) have been severely affected by the pandemic – many of which are struggling to ensure continuity, let alone achieve sustained growth. However, the news is not all negative. We have also seen countless examples of entrepreneurs rising to the challenge and tackling the unexpected head-on. SMEs who move quickly to take advantage of new technology business models are not only keeping afloat but are actually thriving. According to an article by the World Economic Forum (WEF), SMEs make up 90% of formal businesses in South Africa. These businesses contribute 34% to the country’s GDP and employ up to 60% of the labour force. For this reason, it is crucial that these small businesses continue to embrace technology and digital solutions i...
