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The SARB announced its decision to keep the repo rate steady at 8.25%, Rynhardt de Lange of Mi Law Legal unpacks the implications for debt-strained South Africans, noting the dual impact of stable borrowing costs and ongoing economic pressures. The South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) has announced its decision to keep …
Applying for credit can be a daunting experience, especially when you consider the anxiety one feels of potentially being turned down. However, understanding the process can ease your worries. As a registered credit provider, WesBank can help you navigate the steps involved in applying for vehicle finance to enhance the chances of your application being …
LG Electronics (LG) (www.LG.com) has announced its new campaign of short videos under the “Life's Good” brand slogan, titled Get More Care, following the success of previous themes “Get More Love” and “Get More Magic”, aimed at highlighting how LG products enable small gestures of love and care among family members so that they can enjoy true “Life's Good” moments amidst unforgettable experiences.
Throughout the video series, LG will showcase those sometimes unnoticed loving moments experienced in the home while shining a subtle light on how its products enhance everyday lives through the brand's innovative technology intricately interwoven into its customers' everyday lives, by chasing their vicarious football dreams, or simply following their favourite teams in 4K clarity.
A key highlight of the campaign is the immersive family viewing experience provided by LG's groundbreaking OLED screens – such as the LG Signature OLED M3 4K Smart TV, offering a portal to new universes. With unparalleled picture quality and vivid colours, and sound refinements of α9 AI Processor 4K Gen6, LG OLED screens transform an otherwise ordinary viewing into an unforgettable experience of resplendent immersion, bringing families closer together.
Additionally, the campaign will showcase the convenience of LG's WebOS, a smart platform that offers seamless access to a wide range of entertainment options and smart home features. Whether it's finding the perfect movie or the latest TV shows for family night, explore a vast array of content with built-in streaming services such as Netflix, Prime Video, Disney+, YouTube, and Apple TV+. LG's intuitive WebOS interface also means receiving personalised sports updates and tailored content recommendations is as easy as accessing further built-in apps like Music and Sports, making family time entertainment effortless and enjoyable.
The cutting-edge InstaView knock-knock feature is another standout in the campaign, perfect for revealing those sometimes-hidden signs of love. This technology, available on LG's latest refrigerators, allows users to see inside with a simple knock, making meal preparation more interactive and fun. Families can easily decide what to cook from the fridge without opening a door.
“We are excited to introduce ‘Get More Care' as our new brand campaign,” said Elena Yiallouris, Corporate & PR Marketing Specialist at LG Electronics South Africa. “Through these heartwarming short films, we aim to show how our products make everyday moments more special and meaningful. At LG, we believe that technology should enhance the way we care for each other, and this campaign perfectly encapsulates LG's ‘Life's Good' vision.”
LG's commitment to human-centered innovation and user-centric design is at the forefront of this campaign, demonstrating how the company's products contribute to a more connected and caring lifestyle. By showcasing the practical benefits and emotional value of LG's technology, “Get More Care” aims to resonate with families across the region.
The four-episode Get More Care video campaign, which launches in July, showcases fun and touching stories in the home, and ties in effortlessly with LG's brand direction and visual identity, while maintaining and reiterating the brand's core values of ‘Uncompromised Customer Experience', ‘Human-centered Innovation', and ‘Warmth to Power a Smile'.
To learn more about LG's campaign, please visit: https://apo-opa.co/3W3dRHK.
Distributed by APO Group on behalf of LG Electronics.
About LG Electronics, Inc.:
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 74,000. LG's four companies - Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions - combined for global revenue of over KRW 84 trillion in 2023. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.
PalmPay (www.PalmPay.com), a leading Africa-focused fintech platform, has been included in the 2024 edition of CNBC and Statista's prestigious list of the “Top 250 Fintech Companies in the World.” This recognition underscores PalmPay's rapid growth and significant contributions to advancing financial inclusion.
The CNBC/Statista list honours fintech pioneers significantly transforming the financial services industry through technology. More than 2000 companies were evaluated globally based on general and sector-specific KPIs to determine the final selection. In 2024, some of the most influential fintechs in the world were included in the list, including Alipay, Nubank, Monzo, and Revolut. Six other African firms made the list: Flutterwave (Nigeria/US) – Payments; Kuda (Nigeria/UK) – Neobanking; MTN (South Africa) – Payments; Piggyvest (Nigeria) – Financial planning; and Yoco (South Africa) – Payments.
PalmPay has developed an integrated platform that caters to consumers and businesses in the African market. The startup, which has been operating since 2019, pioneered a unique model in Nigeria that provides financial services such as money transfers, bill payment, credit services and savings via a one-stop-shop fintech ‘superapp' and mobile money agents.
This dual approach of easy-to-use digital banking, combined with offline touchpoints for those without smartphones, has contributed to driving financial inclusion in a market where more than 40% of adults remain unbanked.
In 2023, PalmPay announced a major milestone of reaching 30 million registered users on its smartphone apps and 1.1 million businesses in its network of mobile money agents and retail merchants. A third of PalmPay customers report that the platform was their first-ever financial account.
PalmPay has quickly grown to become a market leader in Nigeria thanks to its user-friendly interface, reliable transactions, and focus on driving market share through fee-free transfers and promotions. PalmPay processes 15 million transactions on its consumer app daily and maintains a 99.5% transaction success rate.
To achieve this scale in a market where 10% transaction failure rates were common, the company built out its payment infrastructure, channel integrations and transaction routing systems. In addition to its consumer wallet, PalmPay offers services to businesses that leverage the PalmPay platform via its suite of POS machines, APIs and checkout solutions.
"It's an honour for PalmPay to be recognised by CNBC and Statista as one of the World's Top Fintech Companies," said Sofia Zab, Global CMO, "This recognition validates our unique approach to financial services and our commitment to driving financial inclusion. We are actively expanding PalmPay's reach and offerings, ensuring more people have access to essential financial services and promoting economic development in emerging markets"
PalmPay operates in several key markets across Africa, including Nigeria, Ghana and Tanzania, with plans to expand further in the region and other emerging markets. The company has global HQs in China and London.
For more information, visit www.PalmPay.com
Distributed by APO Group on behalf of PalmPay.
OMODA South Africa is delighted to announce an exciting new collaboration with highly acclaimed fashion brand Khosi Nkosi, a partnership that has given rise to a breath-taking series of vehicle-wrap designs to celebrate this innovative automaker’s first birthday in Mzansi. Founded in 2008 and known for its vibrant, contemporary designs that honour African heritage and …
South Africa’s tough economic conditions have left many consumers struggling to build emergency cash savings. According to Standard Bank data, more than half (52%) of entry level private banking clients have less than one month of their salary saved in immediately accessible cash savings available, to use in the event of unforeseen circumstances such as …
Whether for products such as wire fences and piping, pivot conveyors for irrigation or frames and gutters for greenhouses, the agricultural sector has traditionally bought and specified hot dip galvanizing as a preferred corrosion control mechanism. However, the Hot Dip Galvanizers Association of South Africa (HDGASA) needs to tackle a new set of challenges for …
Pretoria, South Africa – 15 July 2024: JLR has joined forces with global tyre manufacturer Pirelli in a global automotive industry-first commitment to use FSC-certified natural rubber tyres across its range of modern luxury vehicles. The luxury car manufacturer will be the first to adopt FSC-certified tyres at scale, transitioning all tyres from Pirelli across …
EcoFlow (www.EcoFlow.com/za) is pleased to announce its Annual Winter Sale, running from 15th July to 19th August. This year's sale features exclusive promotions on top-tier products, specially curated for those looking to prepare for energy interruption and the rising energy cost for a warm and load-shedding-free winter season.
The sale includes a wide array of products ranging from the best-selling portable power stations to the newly launched Alternator Charger. These deals include but are not limited to –
This dynamic duo, priced at R19,999 with a 32% discount, is perfect for providing whole-home backup power during winter load-shedding. The DELTA 2's powerful capacity combined with the efficiency of the 220W bifacial solar panels makes for an unbeatable combination.
For those seeking more versatile power solutions, this combo offers reliable performance and on-the-go power convenience. The RIVER 2 Max weighs only 6.1kg and is an ideal energy partner for users who fancy a winter outdoor escapade. The 160W Bifacial Portable Solar Panel ensures the RIVER 2 Max stays powered up and ready, wherever you are. This combo is available at R8,999 with a 40% discount during the winter sale.
The newly launched 800W Alternator Charger is a 3-in-1 charger, jump starter and battery maintainer. With demand for accessible energy and off-grid comfort across the RV, overlanding and van life communities, there is a need for unrestricted access to electricity that isn't dependent on fixed power locations or gas generators. The charger offers an exceptionally convenient and effective solution. During the winter sale, consumers can purchase the DELTA 2 Max along with the 800W Alternator Charger and receive an additional 220W solar panel at no extra cost.
EcoFlow is committed to delivering simple, flexible and reliable eco-friendly energy solutions. In face of rising energy costs and increased energy needs during winter, the seasonal sale provides a wonderful opportunity for people to integrate solar energy systems into their daily energy consumption routine.
The EcoFlow Annual Winter Sale kicks off on 15th July and runs until 19th August. Visit the EcoFlow South Africa website store (https://apo-opa.co/4cWYR5a) for more unbeatable savings and product details. For more information, please visit: https://za.EcoFlow.com/
Distributed by APO Group on behalf of EcoFlow.
Media Contact:
Haochen Zhang
haochen.zhang@ecoflow.com
About EcoFlow:
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 3 million users in over 100 markets worldwide. For more information, visit: https://www.EcoFlow.com/au
The Jeep® Willys became iconic almost the moment they started production in the middle of World War II becoming indispensable for the military and then singlehandedly introducing the concept of Sports Utility Vehicles decades before the concept became fashionable. One South African fan spent his entire life yearning to have his own Willys. Vincent Koekemoer …
Mahindra has distinguished itself as one of only seven automotive brands that achieved Gold Status in the National Automobile Dealers Association (NADA) Dealer Satisfaction Index (DSI) Report. Every year, NADA and its research partner, Lightstone Auto, evaluate vehicle manufacturers’ relationships with their dealers. This is very often a reflection of the brand’s service levels to …
Marking the third wave of investment into public charging infrastructure, Audi South Africa is again playing a major role in continuing to prepare South Africa for a future of widescale electric mobility. Following extensive investments in 2022 and 2023 – during which time Audi and its strategic partners GridCars and Rubicon added more than 120 …
Stellantis South Africa has been awarded Most Improved in the National Automobile Dealers Association (NADA) Dealer Satisfaction Index (DSI) for having the most-improved relationship with their dealer network over the past 12 months. The award was received by Stellantis at a ceremony hosted by sponsors WesBank. The intensive DSI survey forms a vital link in …
The number of registered cars in South Africa has been on a steady increase for as long as the records show. According to the National Traffic Information System (NaTIS) data, South Africa had 11 760 886 registered self-propelled vehicles in January 2023. This is a sizable increase from the 9 600 412 vehicles recorded at …
JOHANNESBURG – Mitsubishi Motors South Africa has recorded another impressive performance in the latest National Automotive Dealer Association (NADA) Dealer Satisfaction Index, scoring a Gold status award for the fourth year in a row. The NADA Dealer Satisfaction Index has been measuring dealer’s satisfaction with their various OEM brands since 1996 with Lightstone responsible for …
When a production or manufacturing facility is built, everything is new and operating optimally. Over time, equipment deteriorates – or modifications are made with the best intentions, but not always with energy efficiency in mind. It is therefore good practice to do regular energy assessments to ensure for example that steam traps are working correctly, …
As South Africa commemorates Savings Month this month, the country’s financial landscape presents a unique opportunity for retail investors to bolster their savings. Interest rates continue to hover at elevated levels and the predictions are that there will only be gradual decreases in the latter part of the year. This means that Savings Month is …
OMODA & JAECOO are pleased to announce a new partnership with Absa, a collaboration aimed at providing South African new-car buyers with fuss-free vehicle finance solutions. At the start of June 2024, the fast-growing automotive marques – which are together known as Brand O&J – entered into a vehicle-finance alliance agreement with what is one …
Despite record-high interest rates, Standard Bank has noted a resurgence in first-time homebuyer activity in South Africa, potentially driven by expectations of imminent interest rate cuts. In May, nearly 50% of home loans registered by Standard Bank were taken by first-time buyers. This included all approved home loans where at least one applicant was purchasing …
The Collen Mashawana Foundation, in partnership with WesBank, today handed over a newly built house to the Bhengu family in Umlazi, KwaZulu-Natal, whose home was destroyed in the devastating 2019 floods. Ntombikayise Bhengu, a single mother and domestic worker, has been renting a one-room space in Umlazi Ward 84, forcing some of her children to …
The Merchantec CEO Confidence Index recorded a 13% increase in CEO confidence, rising to a score of 51.4. This improvement was driven by a 24% increase in the Consumer Staples sector and the recent absence of loadshedding. The Index has experienced notable fluctuations over the past few years. It started at 43.33 points in Q1 …
Savvy Saving Tips As SA’s Low Savings Rate Threatens Economic Stability. South Africa’s savings rate, at 16.3% (down from 25%-30%) affects financial stability and economic growth. Sebastien Alexanderson urges saving amidst economic challenges. Research from Investec and GIBS shows that South Africa has one of the lowest savings rates globally, currently at a staggering 16.3%. …
There is light at the end of the tunnel for South Africa’s railway network, according to Colossal Concrete Products, Southern Africa’s largest producer of precast concrete railway sleepers. Chief Executive Officer, Gwen Mahuma-Madida and Chief Operating Officer, Mmapitso Kiewiet – who both personify the pivotal role women play in the rail and infrastructure sectors – …
With yet another year-on-year decline in new vehicle sales, leading vehicle and asset finance house, WesBank, says affordability is the biggest factor limiting growth. This view is supported by the TransUnion SA Vehicle Pricing Index that showed that new vehicle prices rose 4,7% for the first quarter of 2024 compared to last year. The marginal …