As festive spending peaks, young South Africans are increasingly at risk of cybercrime, often falling for unsafe links and scams while shopping online. This is according to Cybercrime expert Craig Pedersen, who warns that no one is too smart to be scammed, as fraudsters use tactics like SIM swaps, phishing links, and deepfake technology to steal personal information.

In Africa, the 2021 Africa Cyberthreat Assessment Report estimated the financial impact of cybercrime in the region exceeded $4 billion US dollars, representing approximately 10 percent of Africa's total GDP. The challenge has only grown in volume, impact, and complexity since then.

Cybercrime expert Craig Pedersen spoke to our reporter Lebogang Mabange.

As festive spending peaks, young South Africans are increasingly at risk of cybercrime, often falling for unsafe links and scams while shopping online. This is according to Cybercrime expert Craig Pedersen, who warns that no one is too smart to be scammed, as fraudsters use tactics like SIM swaps, phishing links, and deepfake technology to steal personal information.
In Africa, the 2021 Africa Cyberthreat Assessment Report estimated the financial impact of cybercrime in the region exceeded $4 billion US dollars, representing approximately 10 percent of Africa's total GDP. The challenge has only grown in volume, impact, and complexity since then.
Cybercrime expert Craig Pedersen spoke to our reporter Lebogang Mabange.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Consumers are increasingly at risk of cybercrime and scams while shopping online over the festive seasons 

Chief Executive Officer (CEO) of the South African Chamber of Commerce and Industry (SACCI) Alan Mokoki says South African business leaders have not been able to take advantage of the opportunities that exist on the Continent.

This comes as the government is trying to deepen trade relations with other countries in Africa to maximise the opportunities that will be presented by the African Continental Free Trade Agreement which will see the removal of expensive tariffs and open access to the bigger African market.

 Speaking to Channel Africa's reporter, Dimakatso Leshoro Mokoki says local business leaders need to change their mindset to not only export finished products but to see the African Continent for what it is and explore growth opportunities.

Chief Executive Officer (CEO) of the South African Chamber of Commerce and Industry (SACCI) Alan Mokoki says South African business leaders have not been able to take advantage of the opportunities that exist on the Continent.
This comes as the government is trying to deepen trade relations with other countries in Africa to maximise the opportunities that will be presented by the African Continental Free Trade Agreement which will see the removal of expensive tariffs and open access to the bigger African market.
&nbsp;Speaking to Channel Africa's reporter, Dimakatso Leshoro Mokoki says local business leaders need to change their mindset to not only export finished products but to see the African Continent for what it is and explore growth opportunities.

SACCI's CEO says local business leaders need to explore the African continent for growth opportunities  

 WhatsApp has made workplace communication convenient but the platform's casual nature can lead to significant legal and professional risks as lines usually get blurred.  Messages sent on WhatsApp, whether in professional groups or private conversations, can result in dismissal or even criminal charges if they violate workplace standards.

Thami Ngubeni spoke to a Senior Legal Advisor at Strata-G Labour Solutions, Justin Hattingh

&nbsp;WhatsApp has made workplace communication convenient but the platform's casual nature can lead to significant legal and professional risks as lines usually get blurred. &nbsp;Messages sent on WhatsApp, whether in professional groups or private conversations, can result in dismissal or even criminal charges if they violate workplace standards.
Thami Ngubeni spoke to a Senior Legal Advisor at Strata-G Labour Solutions, Justin Hattingh

WhatsApp communication in the workplace might result in dismissal or even criminal charges if users violate workplace standards

Consumers across the world are being warned to prioritise what is important and avoid splurging this festive season, so to avoid beginning the new year defined by 'worry'.

The number of financially distressed households has more than doubled in recent years. According to Salem Nyati, Consumer Financial Education Specialist at Momentum Group, financial literacy is a skill that can help improve financial outcomes.

 Thami Ngubeni spoke to Salem Nyati, Consumer Financial Education Specialist at Momentum Group...

Consumers across the world are being warned to prioritise what is important and avoid splurging this festive season, so to avoid beginning the new year defined by 'worry'.
The number of financially distressed households has more than doubled in recent years. According to Salem Nyati, Consumer Financial Education Specialist at Momentum Group, financial literacy is a skill that can help improve financial outcomes.
&nbsp;Thami Ngubeni spoke to Salem Nyati, Consumer Financial Education Specialist at Momentum Group...

Consumers are increasingly at risk of cybercrime and scams while shopping online over the festive seasons

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