Volkswagen’s expansion in Sub-Sahara Africa gathers momentum with the signing of a Memorandum of Understanding with the Ethiopian Government

Ethiopia is the third country in Sub-Sahara Africa to sign a Memorandum of Understanding with Volkswagen in the last six months Volkswagen to work together with the Ethiopian Government to set up an automotive industry in the country Four key pillars identified as important for the development of the Ethiopian automotive industry Addis Ababa / Uitenhage – Volkswagen has signed a Memorandum of Understanding (MoU) with the Government of Ethiopia to collaborate and deliver a joint vision for the development of an automotive industry in the country. The MoU was…

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Predictions 2019: South Africa’s Shift to a Cashless Environment Will Impact Payment Fraud Defences

Just over a year ago, I wrote on the FICO Blog that “2018 will be the beginning of the end for physical credit cards. However, their functionality will become even more omnipresent in our lives as more cards migrate to consumers’ mobile phones.” In fact, that prediction came true. After some initial hesitance, it’s been interesting to note that more and more South Africans are going digital and adopting mobile payments. The shift to a cashless environment has been largely pushed by the introduction of app-based payment services such as…

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Trends driving on-pack promotions

Mintel revealed six key consumer trends that will impact global markets in in 2019 and beyond. In its report, Mintel states that the global consumer landscape will evolve as never before, driven by themes of privacy, individuality, wellness, convenience and connectivity. Total wellbeing Consumers are treating their bodies like an ecosystem and seeking solutions that complement their personal health and evolving needs. Challenge accepted There’s a growing momentum to take on new challenges, which is driving consumers to reach new heights and uncover new passions. Rethink plastic While not inherently…

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Future thinking translates into energy efficiency

Electric cars, light bulbs communicating, fuel-efficient heavy-duty vehicles all have moved from drawing board to market. “Transport is one of the largest causes of greenhouse gas emissions, particularly in South Africa, which has a high ratio of cars, taxis, buses and trains all using fossil fuels,” says Barry Bredenkamp, General Manager Energy Efficiency for the South African National Energy Development Institute (SANEDI). “Green fuels are being developed for diesel consumers, particularly buses and electric cars are moving from drawing boards to parking lots. Electric vehicles make sense economically, again when…

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TRANSNET NATIONAL PORTS AUTHORITY APPOINTS BIDFREIGHT PORT OPERATIONS (PTY) LTD AS TERMINAL OPERATOR OF SHEDS 10 AND 11 AT THE MULTI-PURPOSE TERMINAL FACILITY AT THE PORT OF PORT ELIZABETH

Transnet National Ports Authority (TNPA) has concluded an agreement with Bidfreight Port Operations (Pty) Ltd (BPO) for the design, development, financing, construction, operation, maintenance and transfer of a Multi-Purpose Terminal at Sheds 10 and 11 in the Port of Port Elizabeth, following an open tender process. “We are extremely excited that the agreement with BPO has been concluded and that we can welcome a world-class independent operator to the Port of Port Elizabeth,” said Nozipho Mdawe, Chief Operating Officer of TNPA. She added that the development would optimise the use…

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