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Big growth in online shopping in SA

Online spending in South Africa is expected to reach R53bn by next year, from R37,1bn in the past 12 months, according to new research commissioned by PayPal and conducted by Ipsos. It’s the third time the companies have done the research

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Why tech companies are right to fight Trump

Few tech workers come from the seven countries affected by US President Donald Trump’s entry ban. But the 97 US companies, most of them from the tech sector, that lent their support to the State of Washington’s lawsuit aiming to block

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The tech billionaire backing Donald Trump

Peter Thiel is standing by Donald Trump, saying the Republican presidential candidate “gets the big things right” and that the US needs a political outsider to fix its systemic problems. The billionaire venture capitalist and Facebook board member

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The best tech businesses aren’t really tech

Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New

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Why e-commerce in SA is falling behind

By global standards, most South African consumers are making their purchases at brick-and-mortar stores, even as the online shopping sphere is poised for stunning growth. But it hasn’t been smooth sailing for the country’s still

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Q&A with Sequoia Capital’s Roelof Botha

There are a couple of South Africans who are making their mark across the world. One of them is Sequoia Capital partner Roelof Botha, who has become something of a Silicon Valley superstar. Forbes recently named this South African as one of the

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Make or break moment for Bitcoin

Digital cryptocurrency Bitcoin faces a key year ahead that could seal the fate of its long-term adoption, says South African-born Silicon Valley entrepreneur Vinny Lingham. Lingham first integrated Bitcoin payments into his US-based digital gift

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SA online spending to top R37bn

Digital payments business PayPal this week said it expects South Africans to spend more than R37bn online in 2016 as a high penetration of smartphones and cross-border shopping drive online spending. Mobile phones and tablets are expected

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Around the world in 80 payments

Ever since computers were first introduced into the retail banking system in the late 1950s, there has been the vision of a future world where cash is obsolete. The near death of personal cheques, increase in debit and credit card use, and innovations such as PayPal

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