Can the Green Revolution Reduce Poverty and Food Insecurity in Sub-Saharan Africa?
The Green Revolution brought about a great increase in crop yields in some countries in the Global South. Hybridised seeds produced more grains per plant and were more responsive to fertiliser and irrigation. But the effects of this “revolution” were famously uneven, the farming environment in sub-Saharan Africa wasn’t as well suited to the technologies […]
South African Airways has Reached the End of the Line for Receiving State Funds
Government told the airline’s rescue team that it was unable to provide funding to keep the carrier afloat any further. While the airline has not yet folded, the rescue team continues to evaluate options and impacts on the carrier. For nearly 10 years, SAA has not turned a profit and has relied on bailouts from […]
Nigeria’s Uber for Trucks Provides Relief During Lockdown
Transporting goods quickly and cheaply is vital for trade, but it’s a struggle in many African nations. Now a startup is hoping to change that. In 2017, Obi Ozor and fellow Nigerian Ife Oyedele II launched digital platform Kobo360. A self-styled “Uber (UBER) for trucks,” it connects truck owners and drivers with cargo companies, aiming […]
Building a Recession-resilient Portfolio in Africa
Last week, The World Bank said that Africa is headed towards its first recession in 25 years. These gloomy figures can largely be attributed to disrupted value chains, reduction in FDI and remittances, and direct hits to sectors such as tourism and oil. While no industry can truly be recession-proof, tech-enabled sectors may be more […]
EY, SAP, And Qualtrics Collaborate To Bring Resources To Governments Around The World To Help In The Fight Against COVID-19
Custom COVID-19 solutions help governments stay connected to their citizens and employees, use data to make quick decisions, and better manage the flow of information and resources JOHANNESBURG, South Africa – April 17th, 2020, -/African Media Agency (AMA)/- EY, SAP, and Qualtrics have announced a collaboration to provide resources to governments around the world as they […]
Bill & Melinda Gates Foundation Expands Commitment To Global Covid-19 Response
Calls For International Collaboration To Protect People Everywhere From The Virus Additional funding brings foundation commitment to more than $250 million to support development of diagnostics, therapeutics, and vaccines; help strengthen African and South Asian health systems; and help mitigate the social and economic impacts of the virus The Bill & Melinda Gates Foundation today […]
COVID-19: Insights on African Tourism Impact
The shock of the coronavirus for the global economy and financial markets is without a doubt a unique event, the economic disruption is enormous on both supply and on the demand side. The impact on the markets, and in particular on the global market is unprecedented in recent history. With the Tourism industry heavily affected, Destinations […]
Why Cashflow Relief Is A Better Solution Compared To A Term Extension For Customers Impacted By Covid-19
While the country continues to observe the national lockdown, credit active consumers whose income has been negatively impacted by COVID-19 will be exploring various measures to ensure that they can stay up to date on repayments for personal loans, overdrafts, credit cards, vehicle finance and home loans. In March, FNB announced its cashflow relief measures […]
How SMEs Can Access Relief Packages
According to a recent survey done by Retail Capital, 69,8% of local small and medium enterprises (SMEs) are closed as a result of the national lockdown, with 85% reporting a decreased turnover. As such, the South African Government, big businesses and civil society have recognised the impact that COVID-19 is having on local small businesses […]
How Businesses Can Unleash The Power Of Human-Machine Collaboration
While much of the public discourse surrounding artificial intelligence (AI) focusses on dire predictions about robots stealing jobs, a growing number of future-minded business leaders are embracing an altogether more optimistic and empowering narrative. “Visionary leaders realise our future is not about people versus machines at all, but about how human collaboration and decision-making can […]
