SAP Must Explain Why It Denied And Did Not Investigate Bribery Allegations In South Africa Back In February 2017

On 21 February 2017 iAfrikan reported that SAP South Africa's Managing Director, Lawrence Kandaswami, had been implicated in an alleged $38 Million bribery and kickback scandal involving South Africa's Department of Water and Sanitations. However, in communications with iAfrikan earlier in 2017 after the article was published, SAP unequivocally denied…

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ThisIsMe's Mark Chirnside Explains How They Reduce The Know Your Customer Process To 3 Minutes Using Technology

A South African FinTech company, ThisIsMe, has announced that it has reduced a financial compliance process known as Know Your Customer, down to three minutes. The process, which is part of South Africa's Financial Intelligence Centre Act (FICA), used to take anything from two days to two weeks to complete.…

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