Business
Fast Company Showcasing innovative businesses that are changing their industries. Providing you with listings of businesses, business tips and recommended business resources.Swipe for in-flight refreshments thanks to FlySafair
Local airline company FlySafair will now offer card payments for refreshments on all of its flights. The airline has officially launched AviaPay, a new mobile point of sale system which enables passengers to use their credit […]
Facebook is losing friends as Snapchat lures U.K. teens away
Facebook Inc. is losing its swagger with young users, who are increasingly migrating to rival platforms including Snap Inc.’s Snapchat, according to a new study. Seventy-one percent of U.K. social network users between 12 […]
Amazon buys Blink cameras
AMAZON.COM paid about $90million (R1.08billion) to acquire the maker of Blink home security cameras late last year, in a secret bet on the start-up’s energy efficient chips, people familiar with the matter said. The deal’s […]
Commodity traders feel techno impact
“CHOCFINGER” made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel. Ward blames the rise […]
Breaking: Bank of Baroda is leaving South Africa
The South African Reserve Bank (SARB) on Monday announced that Bank of Baroda had notified the Office of the Registrar of Banks of its exit from South Africa. The Registrar, which is part of […]
US share market: A correction or crash?
Global share markets last week recorded one of their biggest sell-off since the 2008 recession. In the US, the Dow Jones industrial index had lost 10.3% since the beginning of the current downward “correction” on […]
Uber, Bell Helicopter alliance to bring first air taxis by 2025
Helicopter, which has tied up with Uber Technologies Inc. to revolutionize mass transportation, expects to bring the first air-taxis under the partnership by the middle of next decade, according to an executive at the Textron […]
WhatsApp launches peer-to-peer payments in India
WhatsApp first announced the feature in April 2017, the company finally took the leap and launched the peer-to-peer payments service in beta in India, one of its most important markets. A select amount of users […]
10 things you should know about credit ratings
Just what are credit rating agencies? Credit rating is a process of assessing and scoring the creditworthiness of would-be borrowers, on a standardised basis, to help lenders to decide who to lend to and on what […]
Banks ban credit card cryptocurrency buys
Banks in Britain and the US have banned the use of credit cards to buy Bitcoin and other “cryptocurrencies”, fearing a plunge in their value will leave customers unable to repay their debts. Lloyds Banking […]
Samsung’s boss remains out of reach of the law
Samsung Electronics’ ailing chairperson, Lee Kun-hee, was named by South Korean police yesterday as a suspect in an 8.2billion won (R90.36million) tax evasion case that involved the use of bank accounts held by employees. A […]
20 richest people in Bitcoin and other cryptocurrencies
The cryptocurrency world offers investors to claim overnight fortune and fame. This is because the cryptocurrency value has been booming since its first inception. We take a look at nineteen of the richest people in […]
An investor’s best friend? Israel Diamond Exchange launches digital coins
Israel’s diamond exchange is turning to digital currencies to inject new life into a marketplace long ruled by cash and backroom handshakes, but it must first persuade traditionally conservative players that the technology can work. […]
Oil trades at lowest price in 2 weeks
OIL TRADED near its lowest closing price in two weeks as concerns about volatility in global markets offset a drop in US inventories. Futures in New York dropped 0.2percent after earlier gaining as much as […]
What every entrepreneur needs to know about going digital
This stood out at the third edition of the MTN Business Digital Entrepreneur Masterclass, which was recently held in Durban. This event showed entrepreneurs how they can grow their businesses by using smart, tailored solutions […]
Philip Morris bets big on a smoke-free future
After a decade of research, an investment exceeding $3 billion and hundreds of world-class scientists backing the research, PMI is making big strides towards a smoke-free future, starting with an innovative, science-driven new device called […]
Sustainable, not sexy
Poverty is on the rise in South Africa, a new report from Stats SA says. The proportion of people living below the poverty line declined from 66,6% in 2006 to 53,2% in 2011, but increased […]
“Have you just wasted the last 12 years of your life at school?”
This was the question I asked over 2 000 of South Africa’s top school graduates, as their keynote speaker at the Gibs Business School’s Annual Career Expo 2017. They quickly quietened down when I shared […]
Bumble Gets Down to Business
Last year, two people met cute the modern way. Ashley and Connor matched on Bumble, the dating app where people swipe through potential partners but only women are allowed to initiate a conversation. They started […]
Beyond Crowdfunding
In the spring of 2013, musician Jack Conte was frustrated with the challenge of supporting himself as a creative person in the internet age. Conte, who performs both solo and—with his wife, Nataly Dawn—as part […]
The job of an entrepreneur – Taming chaos
For the last five years, I have been a full-time entrepreneur, building a company which today, has over 400 people on the payroll. Prior to that, I had been an academic for 10 years, and […]
Getting Real About The Digital World
To compete in the digital world, large organisations need to review their digital transformation commitment, become more agile and get change ready. Agility and acceptance of perpetual change are the key to unlocking the next […]
Taking the pulse of the natural world
The rise of the Internet of Things and other mobile technologies offers humanity the opportunity to truly advance their efforts in preserving and saving the environment in more innovative and relevant ways. Humanity today finds […]
Keeping It Clean and Simple
Solar systems are one of the greatest inventions on the planet, converting sunlight into electricity without harming the environment. Jaco Venter is a CEO making moves to eradicate the use of and dependency on fossil […]
