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Genesis in the news

NEWS & INSIGHTS

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    Learning network takes on HIV challenge in Republic of Congo

    The South-South Learning Network (SSLN) was launched in Brazzaville this month. The Republic of Congo joins the HIV/AIDS prevention network of 15 African countries who have teamed up to pool their knowledge.

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    Genesis study on ECD in Burundi selected for top UNICEF award

    Each year, the Best of UNICEF Research competition is run to showcase quality research with a high potential for impact to benefit children. Our Human Development team are very proud to have been selected as one of the 12 studies selected in 2022.

    The study, an Investment Case for Early Childhood Development in Burundi, saw the Human Development team undertaking a comprehensive cost-benefit analysis into the long-term costs and benefits of scaling up services for young children.

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    Cable theft costs SA R47 billion a year – charge thieves with treason

    The South African Government has proposed a six-month ban on the export of copper waste, and scrap and semi-finished metals to halt the damage caused to the economy and public infrastructure.

    Genesis Analytics conducted research on government’s behalf to determine the cost of cable theft to the economy.

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    UK’s Climate Finance Accelerator launches in Egypt to support low-carbon projects

    The Climate Finance Accelerator (CFA), a technical assistance programme funded by the UK government, will support promising low-carbon projects in Egypt and connect them with investors. Applications for the four-year programme will open next month, with each accelerator cycle for the selected project developers lasting six to nine months.

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    Google’s giant Equiano Internet cable has landed in South Africa

    Google’s Equiano Subsea Cable, which seeks to connect Europe to Africa via the ocean, made its final stop on Monday, landing in Melkbosstrand, Western Cape, South Africa.

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    Government’s new plan to crack down on copper theft in South Africa

    The Department of Trade, Industry and Competition (DTIC) has gazetted its draft policy proposals to regulate and restrict the trade of scrap metal in South Africa for public comment. Citing research from the Trade and Industrial Policy Strategies and Genesis Analytics, DTIC said copper theft from the country’s rail network and electricity grids carries an annual economic cost exceeding R45 billion in 2020/2021.

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    Google submarine cable lands in Namibia

    TELECOM Namibia and the Paratus Group announced that the Equiano (Google) submarine cable, which is expected to have a direct impact on connectivity and internet speed in the country, has landed in Swakopmund.

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    Benefits of Central Bank Digital Currencies for African Countries

    Genesis has been doing some fascinating work in the Central Bank Digital Currency (CBDC) space and the blog sets out our argument for why central banks in developing countries should explore CBDC. Financial Services Strategy partner Bavani Naidoo explores the benefits here.

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      Why Ethiopia’s local fintechs are worried

      When Ethiopia’s prime minister, Abiy Ahmed, came into power in 2018, his administration’s move to liberalise sectors which had remained closed for over a century, was initially met with optimism. One of the biggest moves was in ending the monopoly of the telecom sector, which saw the Kenyan telcom giant, Safaricom, awarded Ethiopia’s first ever private telecom license for a whopping $850 million last year. Is this a good thing?

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      Mark is now partner in our Centre of Digital Excellence

      Congratulations to Mark Schoeman who was made a partner at Genesis Analytics. Mark has been at Genesis for more than six years and started in Financial Services before branching out to set up the Centre of Digital Excellence. On hand to congratulate him were seven of the 13 partners who are in Joburg.

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      Google's Equiano subsea cable has landed in Lagos

      The state-of-the-art Equiano subsea cable has landed in Lagos, Nigeria. Next stop is Namibia.

      The Google cable, which starts in Portugal and runs more than 12,000km along the West Coast of Africa, first landed in Lomé, Togo. From Nigeria it will run to Swakopmund in Namibia and Rupert’s Bay at Saint Helena before landing at Melkbosstrand in South Africa. The cable will establish a valuable new high-capacity connection between the African continent and Europe.

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      Unclaimed pension benefits increased to over R47bn

      The Financial Sector Conduct Authority's (FSCA) published the Financial Sector Outlook Study 2022 in which it details progress made in finding people with unclaimed monies in pension funds and guardian funds. The study, done by Genesis Analytics in partnership with the FSCA, reviewed the South African financial landscape and describes the financial industries regulated by the authority. 

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