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How Tech Businesses Can Empower South African Entrepreneurs

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Telkom Pledges R10-Million to Help Rebuild SMEs After #SAUnrest

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Social Media Adoption Helps SMBs Power Africa’s Economic Growth, via Study

Sourced from MSU Today /* custom css */ .tdi_4_55b.td-a-rec-img{ text-align: left; }.tdi_4_55b.td-a-rec-img img{ margin: 0 auto 0 0; } A study conducted by Genesis Analytics in eight African countries – Senegal, Côte d’Ivoire, the DRC, South Africa, Nigeria, Ghana, Mauritius, and Kenya – reveals that social media platforms help accelerate economic growth and opportunity across the continent. The African continent is heavily reliant on its small and medium-sized enterprises and businesses (SMEs & SMBs), which are the backbone of the economy. As many countries across the continent have embarked on their digital transformation, the research shows that digital platforms can play a key role in the continent’s development. /* custom css */ .tdi_3_0f0.td-a-rec-img{ text-align: left; }.tdi_3_0...

Why SMEs in South Africa Benefit from Alternative FinTech

Image sourced from Cape Business News. /* custom css */ .tdi_4_c3c.td-a-rec-img{ text-align: left; }.tdi_4_c3c.td-a-rec-img img{ margin: 0 auto 0 0; } Data and automation are rapidly changing the lending game in South Africa. The country is seeing the emergence of an agile new class of fintech that uses proprietary data and algorithms to vet loan applications within minutes so that retailers can access working capital they need to grow and thrive. This is according to Steven Heilbron, CEO of the Connect Group. “Alternative, technology-powered financing solutions are disrupting South Africa’s commercial lending market, especially the retail space and in the process, it is helping thousands of SMEs to navigate the threats and opportunities of a volatile economic landscape during the pandemic...

Standard Bank Partners with Microsoft to Boost Innovation and Drive Growth in Africa

Image sourced from Regent Lighting. /* custom css */ .tdi_4_3c0.td-a-rec-img{ text-align: left; }.tdi_4_3c0.td-a-rec-img img{ margin: 0 auto 0 0; } Yesterday, Standard Bank and Microsoft announced a strategic partnership to accelerate the digital transformation of Africa’s largest financial institution and further drive the continent’s growth. The Bank’s growing investment in the Microsoft Cloud will enable the innovation, efficiencies, and resilience required to respond to market dynamics and customer needs. This partnership builds on the 30-year relationship between the two companies and involves migrating workloads, applications, and platforms to Microsoft Azure to drive organisational efficiencies, as well as workforce collaboration with Azure, PowerApps, Workplace Analytics and Micros...