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.
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.
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.
Google’s new submarine cable is now operational in Africa
A subsea cable owned by Google that promises to double the internet speeds for millions of people in Africa has arrived in Togo. This is the latest step in a long-term project to make internet access more affordable for people across the continent. According to a financial impact study completed by Africa Practice and Genesis Analytics, Equiano is predicted to result in quicker internet speeds, enhanced user experience, and lower internet rates.
Google’s Equiano cable to land in South Africa this June
Google will land its high-capacity Equiano submarine cable system at Melkbosstrand, north of Cape Town, in June. According to an assessment report commissioned by Google and conducted by Africa Practice, in collaboration with Genesis Analytics, the subsea cable will lower latency and almost triple internet speeds in SA and Namibia by 2025 – a boost that is predicted to create 180 000 jobs in SA, 1.6 million jobs in Nigeria and 21 000 jobs in Namibia in the forecast period.
Five things that are different about travel this summer
People are getting vaccinated in the millions in South Africa, and our international borders are slowly opening up, making it possible for more people to visit our country this festive season. But of course, things won’t look the same as they once did.
Four Covid-19 vaccine myths you shouldn’t believe
The issue of fake news and conspiracy theories about #covid19vaccines has been hanging around for nearly two years. Epidemiologist and head of the Health practice at Genesis Analytics, Dr Saul Johnson, sheds light on some of the most prominent myths doing the rounds at the moment.
African Banks Increasingly Embracing Cloud
Financial services in Africa such as banks and insurance firms are beginning to embrace cloud as they seek to modernize their solutions. Facing changing consumer expectations, emerging technologies, and alternative business models, banks need to start putting strategies in place now to help them prepare for this future.
Airbnb guests contributed billions to SA economy in 2020
In 2020, a ‘crisis year’ for tourism in South Africa, travel on Airbnb contributed more than R8 billion to the economy, supporting around 21,500 jobs according to a new report from independent consultancy Genesis Analytics, commissioned by Airbnb.
ChromeSA says imposition of export tax would be high risk
The imposition of a tax on the export of chrome ore would be high risk and the gain from such an intervention would likely be eroded fairly quickly by the high cost of electricity, which is the real problem.
Chrome SA’s Alistair McAdam and Paul Anderson of Genesis Analytics highlighted this summary when they spoke to Mining Weekly in a Zoom interview on Monday. Read here