Africa
Digital Gold – Not Popular with the IMF
Zimbabwe has released a gold-backed digital currency for peer-to-peer and peer-to-business transactions as well as to act as a store of value as the country’s currency continues to lose ground…
Read MoreUsing Ecommerce Mobile Apps to Stock Corner Shops in Africa
Corner shops, otherwise known as Tuck shops or Spaza shops in SA, depend on being restocked either by the owner going to the wholesaler, or a community system for delivery…
Read MoreTo Celebrate Africa Day (25 May), a Survey of Africa’s Youth
The Ichikowitz Foundation’s Youth Survey published on Africa Day reports that nearly half (46%) of the continent’s young people have never heard about the African Continental Free Trade Area (AfCFTA).…
Read MoreThe EU’s European Development Fund (EDF)
We are informed that the EU’s EDF is keen to fund South African SME businesses in various sectors, including the digital economy. EFSA has been approached asking if we know…
Read MoreAfrica’s Ports – the 10 Best, According to the World Bank
SA was the only African country to rank among the Top 20 countries on the World Bank’s Logistics Performance Index, which is dominated by European countries, the US and China.…
Read MoreWither SAPO? The Continuing Saga of the SA Post Office
The SA Post Office was placed under provisional liquidation on February 9 after a court application by a creditor owed for rent. The Post Office’s most recent available financial statements…
Read MoreThe Southern Africa Customs Union (SACU) Adopts AEO
Accredited traders in Botswana, Eswatini, Lesotho, Namibia and SA will benefit from lower trade costs and quicker turn-around times for imports and exports, because of a Mutual Recognition Arrangement signed…
Read MoreMozambique Conformity Assessment Programme (CAP) – What it is and can you help?
The Mozambique government has published plans to introduce a new Conformity Assessment Programme. If this works as advertised, the importing of the goods that are listed in the CAP could…
Read MoreThe East African Community (EAC) Studies How Businesses are Approaching the AfCFTA – Striving For a Borderless EAC
ECA has committed to create a borderless region, with its own currency (although this is proving a tough nut to crack as we retorted last month). In order to assist,…
Read MoreAfrica Poses a Challenge to Multinationals Trying to be Compliant
The US applies stringent rules to multinational companies which do business within its territory under the Sarbanes-Oxley Act of 2002. This Act applies extra-territorially to companies, requiring them to provide evidence…
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