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SMME's on the Internet
South Africa is about to reach a crucial moment in the evolution of the Internet. Not only is Internet access becoming more affordable, it is also becoming more accessible as people from a variety of economic backgrounds are increasingly accessing the Internet using their mobile phones.
“This will have a profound effect on how businesses provide information and services to a growing online savvy user base,” says Arthur Goldstuck, MD of World Wide Worx.
Goldstuck, principal analyst for the annual SME Survey in South Africa, points to a coming watershed that will make it all the more crucial for small and medium enterprises (SMEs) to have an effective online presence.
“More than ever, the sustainability and competitiveness of SMEs in South Africa has become a critical component in an economy struggling to create jobs,” says Goldstuck. “It is therefore vital to determine those factors that will ensure that SMEs are able to make an effective contribution to job creation, while ensuring their own survival and prosperity.”
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Near field communications
While technology see considerable milestone every all so often making it easier for people to carry funds without it being in hard cold cash, is something that a lot of banks have been trying to do. With South Africa’s pioneering of the pay-as-you-go system on cellphones, the system has emerged as a leader in digital payments by those customers who are on the move. This development has now seen that introduction of the "Tap-and-go" system. This system uses a technology called near-field communications (NFC) to make a transaction with a smartphone. So, instead of swiping a credit card, one merely has to touch the phone to an NFC reader.
To speak to us about this and more about new advances of us being part of the cashless society, we are joined by editor of stuff magazine, Toby Shapshack.
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Near field communications
While technology see considerable milestone every all so often making it easier for people to carry funds without it being in hard cold cash, is something that a lot of banks have been trying to do. With South Africa’s pioneering of the pay-as-you-go system on cellphones, the system has emerged as a leader in digital payments by those customers who are on the move. This development has now seen that introduction of the "Tap-and-go" system. This system uses a technology called near-field communications (NFC) to make a transaction with a smartphone. So, instead of swiping a credit card, one merely has to touch the phone to an NFC reader.
To speak to us about this and more about new advances of us being part of the cashless society, we are joined by editor of stuff magazine, Toby Shapshack.
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Dowloading not Copyright infringingment
One in three people in Switzerland download unauthorized music, movies and games from the Internet and since last year the government has been wondering what to do about it. This week their response was published and it was crystal clear. Not only will downloading for personal use stay completely legal, but the copyright holders won’t suffer because of it, since people eventually spend the money saved on entertainment products. What about here in SA? What are the laws pertaining to downloads here?
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Facebook to list its stocks
As the 2011 calendar year winds down, Facebook is said to now be making concrete steps toward its planned initial public offering. The Wall Street Journal on Monday afternoon published a report stating that Facebook plans to publicly list its shares on the stock market in Spring 2012, specifically looking at “dates between April 2012 and June 2012.” Facebook’s CFO David Ebersman is currently in talks with investment banks angling to underwrite the IPO, but the company has not entered into any mandates yet, according to the WSJ. The IPO will reportedly value the company at more than $100 billion.
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