Cybersecurity budgets: The delicate balance of spending money to save money

Cybersecurity budgets: The delicate balance of spending money to save money

JOHANNESBURG (Capital Markets in Africa) – Allocating sufficient budget to cyber threats can be a complex issue that requires the cooperation and coordination of all executives within an organisation. When a company’s financial and reputational welfare is at stake, it pays to effectively calculate the priority such risks should be awarded during budgeting, says Ryan Mer CEO at eftsure Africa, a Know Your Payee™ (KYP) platform provider. For CFOs, it’s not a question of whether…

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China: Risk of macro fallout will see policy err on side of caution

China: Risk of macro fallout will see policy err on side of caution

LAGOS (Capital Markets in Africa): Our house view is that recent bank failures are largely contained and in and of themselves do not represent a systemic threat. But market repricing and a shifting economic environment in the US/EU, alongside the PBOC’s surprise RRR cut, have led some to (once again) question China’s recovery and any associated contagion risk from tighter US and global financial conditions. This is so despite the recent contrast between US and…

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Today’s main economic and political developments across the continent

Today’s main economic and political developments across the continent

LAGOS (Capital Markets in Africa): Zambia’s new dawn has given way to a chilly and overcast day. The country has effectively been in debt restructuring talks since 2020, and even the Hichilema administration, with the backing of business and multilaterals, has been able to make real inroads in this regard. The next two weeks will bring some clarity regarding the state of affairs and the way forward. In neighbouring Angola, the central bank has cut…

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Investment: East African Survey Deep Dives into Challenges and Opportunities

Investment: East African Survey Deep Dives into Challenges and Opportunities

NAIROBI (Capital Markets in Africa) — The lack of access to investors, the reliance on international VCs and global recessions trends are perceived as threats by respectively 59%, 56% and 55% of respondents; 28% of respondents indicated that covid 19 had slowed down investment across the East African start-up landscape, making it the biggest impacting factor over the last twelve months; 54% of seed businesses rely on family and friends to provide funding; 74% of…

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The Misplaced Fury around Sound: Time to Put the Record Straight – NJ Ayuk

The Misplaced Fury around Sound: Time to Put the Record Straight – NJ Ayuk

Climate activists are making more than noise about 3D seismic studies being used to delineate oil and gas reserves offshore Africa. They’ve proceeded with legal action that may force Shell Plc to pull the plug permanently on its search for hydrocarbons along South Africa’s Wild Coast, the country’s poorest province. Seismic surveys use sound waves to help oil and gas companies build an image of hydrocarbon deposits buried deep underground. They are considered a fast…

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Canon to spotlight sustainability activists and forward-thinking organisations

Canon to spotlight sustainability activists and forward-thinking organisations

DUBAI, United Arab Emirates, February 13, 2023/ — Canon EMEA, the world’s leading imaging company, is partnering with1 sustainability focused award programme the Global Good Awards for the fourth year running. Alongside the annual Canon Young Champion of the Year category, Canon has introduced a new education focused award category, which will recognise organisations that have rolled out Canon’s Young People Programme. Entries for the Canon Young Champion and Education category open today. The Canon…

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