Risk-based approach to money laundering
South African accountable institutions need to adopt a risk-based approach to manage money laundering and terrorist financing risks, warns PwC. This comes in the wake of proposed amendments to South Africa’s anti-money laundering law – the Financial Intelligence...Joburg still Africa’s most visited city
Johannesburg is set to be the most popular destination city in Africa for the second year running, followed by Cape Town, according to the 2014 MasterCard Global Destination Cities Index. Johannesburg expects 4,3-million international overnight visitors in 2014, a...SA set for 7% wage increase
South African employers are forecasting 7% pay rises for staff in 2015 – the same as they received in 2014. This is according to the latest Salary Trends survey by ECA International, which finds that local increases are among the top 20 highest in the survey....User trends drive digitalisation
Kathy Gibson reports from Ericsson Business Innovation Forum in Stockholm – Exciting new user trends in Africa are driving digitalisation, and making it a region with huge opportunities. The growth in smartphone usage is helping to put Internet access into the hands...Massive growth forecast for African mobile
The number of unique mobile subscribers in sub-Saharan Africa will pass the half-billion mark in 2020 as mobile services become increasingly affordable and accessible to millions of currently unconnected citizens across the region. According to “Mobile Economy 2014:...