South Africa’s most exclusive bank accounts for the super rich – what they cost and what they offer
Top retail banks in South Africa all offer a top-tier account, reserved exclusively for the country’s wealthiest individuals. Source: BusinessTech
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South Africa’s ‘silicon valley’ has over 450 tech firms and employs more than 40,000 people
Cape Town has been ranked one of the world’s fastest-growing regions for foreign direct investment, according to a report from fDi Intelligence, a data division of the Financial Times group. Source: BusinessTech
You can now register for a Covid-19 vaccine through WhatsApp in South Africa – what you should know
The Department of Health has launched a Covid-19 vaccine registration portal available through WhatsApp and USSD in South Africa. Source: BusinessTech
Here’s what is boosting the rand right now – as it hits R14 to the dollar
The South African rand moved below R14 to the dollar on Monday morning (10 May), as it benefited from strong commodity prices, subdued US jobs data, and positive local news. Source: BusinessTech
South Africa to introduce new e-visas this year
The Department of Home Affairs plans to extend its e-visa programme to a number of countries in 2021 in a potential boost for the tourism industry. Source: BusinessTech
New Covid wave already hitting parts of Gauteng: experts
With daily new infections of Covid-19 rising in South Africa, medical experts are calling for increased vigilance and adherence to social distancing and mask wearing protocols to delay the third wave in the country. Source: BusinessTech
South Africa to ramp up local manufacturing of Covid-19 vaccines: Ramaphosa
President Cyril Ramaphosa says that South Africa plans to rapidly scale local production of its own Covid-19 vaccines if intellectual property rights are relaxed by international trade authorities. Source: BusinessTech
Competition Commission wants to investigate smaller ‘digital’ companies in South Africa
The Competition Commission plans to investigate the merger and acquisition of smaller digital companies in South Africa. Source: BusinessTech
Here’s how much the average taxpayer earns in Joburg, Cape Town and Durban
The South African Revenue Service (SARS) has published its tax statistics for the 2020 financial year, providing a breakdown of what the average taxpayer looks like in South Africa. Source: BusinessTech
Why you want to advertise online – And the best place to do it
Online advertising provides the best return on investment for companies in South Africa. Source: BusinessTech