TEDxCapeTown is seeking a diverse range of speakers, across sectors from business, technology, science, the arts and more, to open the discussion and share ‘Ideas worth Spreading’.
Already in its sixth year, TEDxCapeTown 2016 will aim to highlight various perspectives and is seeking a diverse range of speakers to open the discussion and share ‘Ideas worth Spreading’. As a non-profit organisation, TEDxCapeTown continues to challenge perceptions and engage its audience in worthwhile and forward-thinking conversations.
The main event takes place on Saturday, 15 October 2016 at Ratanga Junction. 2016 audience members will also have a chance to engage with past speakers in the week leading up to the main event. Tickets will be on sale from 19 July 2016.
This year, TEDxCapeTown 2016 is ‘Here/Hear to listen’. Perspective—you have yours and I have mine. To understand one another, I will have to leave my “here” to curiously step into your “there”. In doing this, I broaden my view and I grow.
Standard Bank’s mobile traffic grows 100% a year
Standard Bank has seen its mobile traffic growing 100% a year as customers embrace more convenient and efficient solutions for their banking needs.
During 2015, the bank saw 825 million financial transactions worth R430 billion processed through the banking app. As a consequence of this, branch transactional volumes have declined and ATM and branch transactions now make up less than 5% of total banking transactions.
Peter Schlebusch, Standard Bank’s Chief Executive for Personal & Business Banking says: “The vast bulk of Standard Bank’s Personal & Business Banking strategy to 2020 is about how we can use digital capabilities to deliver an even better customer experience. This entails putting customers in control, providing more convenience, and extracting key customer insights from our rich data so that the bank becomes more proactive, relevant and easy to use.”
Successful subsequent closings for African private equity fund, Metier Capital Growth Fund II | Metier
Metier Capital Growth Fund II completed further closings to June 2016, raising in excess of R2.5 billion, with further commitments expected by final closing.
The fund is the successor fund to the Capital Growth Fund of 2006/7 which invested in eight portfolio companies, the majority in value now realised.
The fund will focus on private equity investment in buy out and growth capital transactions in South, Southern and Sub-Saharan Africa. Investments are targeted in sectors set to benefit from demographic trends such as population growth and increased urbanisation, and the accompanying consumer spend from the emerging middle class. The fund will also target investments in sectors which are advantageously exposed to increasing intra-regional and international trade, and also where strong management teams are able to lead regional expansion of their businesses. The fund strategy targets exposure of 50% to Sub-Saharan Africa, excluding South Africa.
The fund has already concluded four investments in the retail, out of home dining, healthcare and industrial services sectors.
The fund was invested in by both international and South African based investors including significant commitments from international developmental finance investors who were motivated by the Metier team’s focus and track record on development impact while targeting top quartile private equity performance and outperformance of public market benchmarks.