Mastercard launches biometric card technology in South Africa

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April 20, 2017

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Mastercard has launched a new biometric card that combines chip technology with fingerprints to verify the cardholder’s identity for in-store purchases. South Africa is the first market to test the technology, with two separate trials recently concluded with Pick n Pay and Absa Bank, a subsidiary of Barclays Africa. The new card builds on fingerprint

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Liquidation of SaXum granted

The Johannesburg High Court has placed SaXum Insurance under final liquidation following an urgent application by the Registrar of Short-term Insurance on 12 October. In launching the application the Registrar... Read more →

SA and Italy talk business

The third edition of the South Africa Italy Summit, hosted by The European House – Ambrosetti was held in Johannesburg on 18th and 19th October. The Summit brought together over... Read more →

North Africa

The success of engineering projects is shaped with risk resolution in mind

Managing risk and promoting safety is paramount in engineering practice. Alvin Dye, Regional Construction Head at Marsh Africa’s construction division explains how successful projects are not selected but shaped with…

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Gilbert Flepp Chubb appointed to the role of Head of Construction Powergen and Cyber Risk for Africa

Chubb  announced the appointment of Gilbert Flepp, formerly Cyber Risks Manager (First Party) for Continental Europe, to the role of Head of Construction, Powergen and Cyber Risk for Africa, as…

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Routes Africa forum aims to improve African air connectivity

An event dedicated to the development of the African aviation industry will take place next month in Tenerife (26-28 June) to encourage the launch of new air services to, from…

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Southern Africa

Prepare for rain and floods

Western Cape residents should be preparing for rainy weather and possible flooding this winter. This news comes as the region faces a devastating drought with dam levels currently at an…

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FSB fines Assupol R500 000 for Long-term Insurance Act contravention

The Financial Services Board (FSB) has fined long-term insurer Assupol for failing to inform policyholders who’s claims were rejected between 20 June 2012 and 13 July 2015 of their right…

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Surprise – you have to pay my tax!

With South African Revenue Service’s (Sars) fiscal year having come to an end on 31 March, many executives and tax advisers will have been working hard to ensure their companies…

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East Africa

Economic growth in East Africa remains strong despite drought

In ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report, Economic Insight: Africa Q1 2017 , produced by partner and forecaster Oxford Economics, the accountancy and finance…

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Sanlam raises East African presence

The Sanlam Group, through its subsidiary Sanlam Emerging Markets (SEM), has reached an agreement with PineBridge Investments – a leading global multi-asset class asset manager – to acquire PineBridge’s majority…

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Ctrack partners with Malawi’s UGI

United General Insurance Company Limited (UGI), one of Malawi’s leading short-term insurance companies, has partnered with global vehicle tracking services company Ctrack, part of Inseego Corp., to provide insurance telematics…

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West Africa

The success of engineering projects is shaped with risk resolution in mind

Managing risk and promoting safety is paramount in engineering practice. Alvin Dye, Regional Construction Head at Marsh Africa’s construction division explains how successful projects are not selected but shaped with…

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Gilbert Flepp Chubb appointed to the role of Head of Construction Powergen and Cyber Risk for Africa

Chubb  announced the appointment of Gilbert Flepp, formerly Cyber Risks Manager (First Party) for Continental Europe, to the role of Head of Construction, Powergen and Cyber Risk for Africa, as…

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Routes Africa forum aims to improve African air connectivity

An event dedicated to the development of the African aviation industry will take place next month in Tenerife (26-28 June) to encourage the launch of new air services to, from…

0 comments

Business

The Indaba and alt-mining indaba

By Sven Hugo Today, decision makers from the international mining industry continued to network, pitch and deliver the latest from their respective sectors within the goliath that is global mining,…

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MTN Zakhele on the payment of cash to shareholders who elected the cash option

By Sydney Mhlarhi, director of Tamela, advisors to MTN Zakhele. A communications campaign was launched in advance of the unwind of MN Zakhele requesting that MTN Zakhele shareholders update and…

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Unsocial media: jealousy of online friends leaves people feeling down, Kaspersky Lab study reveals

Social media started life as a way of staying in touch with friends and sharing happy memories. However, the results of the latest global study from Kaspersky Lab indicate that…

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Lifestyle & Travel

Why you should be uncomfortable as a manager

By Mark Beets, GM: Business Development, Entelect I built an oscilloscope the other day. I’m not sure what I’m going to do with it but the point is that I…

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Keep employees happy

2016 was, by all accounts, a difficult year and while the holiday season may have achieved some repair to the morale of staff around the country, it is essential that…

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9 out of 10 people will not have a car for a day

Can you imagine a day without a car? The reality is 9 out of 10 people run the risk of being vehicle-less because they don’t have a car rental option…

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