Cryptocurrencies in South Africa: A Money Revolution?

16 Apr
Cryptocurrencies in South Africa a money

Cryptocurrencies had a rough beginning in their initial years. The crypto scams of 2018 brought in a lot of reluctance and scare amongst people. However, after Facebook announced the launch of its own crypto coin in 2019, people have started taking cryptocurrencies a lot more seriously. Are you interested in cryptocurrencies? Keep reading for more information about cryptocurrency trading and to know more about the revolution it might trigger!

Race for the crypto market in Africa

60% of the global mobile money pass through payment platforms based in and led by Africa. So, while investment interest in cryptocurrencies has increased, it has been accompanied by a race to capture the crypto market in Africa. Many large establishments have become a part of this which includes, the microblogging giant Twitter. Jack Dorsey, CEO of Twitter has announced his trip to Africa for exploring the crypto opportunities. The Crypto Finance Conference (CFC) was held in St Moritz this year.

Africa has also experienced issues created by crypto fraudsters, causing many Ugandans to lose their money from the OneCoin Ponzi scheme. However, it is important to keep in mind that there are fraudsters in every industry. One should not be blinded by negative impacts only. Cryptocurrencies are undoubtedly taking part in world-leading commercial projects and playing a role in offering brilliant opportunities for development. For example, about 4,400 refugee families in Uganda were given away $650 worth of crypto tokens for free in 2018 by decentralised payment network OmiseGO.

Predictions for 2020

Based on the past results, experts have analysed what can be expected from the crypto market in Africa in 2020. Dawie Roodt, the South African economist and bitcoin enthusiast, states that the hype of the past few years has slowed down, and things became quiet in 2019 on the private side in South Africa. However, it does not mean that South Africans are not interested. On the contrary, the South African Reserve Bank has seen a lot of progress. SARB may even be planning a regulatory sandbox that will allow private sector players to experiment with real ideas and real consumers under regulatory supervision. However, they are very cautious to take big steps in anything concerning cryptos. Roodt also says that the consumers have more power in their hands now due to the failure of the government in Zimbabwe and South Africa.

However, due to the COVID-19 outbreak, the economy has taken a blow and uncertainties are everywhere. So, it is not always wise to rely on predictions. Still, you need to know that digital money is the answer to this pandemic. Several recent determinations have been issued by the SARB that will prevent people from using cryptocurrencies for transferring money out of Africa. Apart from its proposed cryptocurrency sandbox, the SARB is also running Project Khokha to look into the use of decentralised ledger technology (DLT) in interbank settlements.

Global Crypto Hubs

Certain African governments like Seychelles are acting as global crypto hubs. Other examples are Zug in Switzerland, Offshore island states such as Gibraltar, Malta, Caymans and Jersey.

New Options for Consumers

Binance is the largest crypto trading platform in the world with more than a hundred coins. It is now looking to open offices from Cape Town which is great news for South Africans as they are offered the trading of all cryptocurrencies of Binance. This move will also open more choices for customers. The product offerings will no more be limited in cryptocurrencies but also stable coins, security tokens and all types of assets including real estate, gold and diamonds will be considered.

Africa’s view towards cryptocurrencies

Cryptocurrencies had entered the market in Africa as payment instruments. It was misunderstood and was not viewed as currencies. Now, people are showing more interest in not only cryptocurrencies but also digital money insurance. It is now only a matter of time before there are changes in the broad-based financial system.

Only time will tell if the financial system and the global economy will be completely revolutionised by crypto or only some incremental efficiencies will be offered to payment systems.

Internet Marketing: What Is It And How Can I Succeed At It? (Polokwane Business Advertising)

10 Mar
advertising space in Polokwane, Polokwane advertising, Polokwane business advertising, advertising in Polokwane, advertise business in Polokwane

We’ve all read articles online before, whether they were for information purposes or just entertainment. But did you know that almost every site you’ve read an article on is actually a web business? That’s right. Almost every site out there is making money via internet marketing, and we’ll tell you how you can do it too.

Requiring visitors to your website to register themselves can be dangerous. From an internet marketing standpoint you are losing potential customers with each hoop you demand visitors to jump through. Personal registration is a particularly high hoop and a lot of web surfers will run away rather than leaping for it. You can increase your visitor traffic by putting as much of your site outside registration restrictions as you possibly can.

Maintaining a popular business is about more than getting visitors to your site; you need to have them return again and again. So whatever type of web business you’re in, you need to be sure that you are constantly updating your content, even if it’s only a page or two on your website. Give people something to come back for.

Read trade magazines and newspapers to keep current on new trends and new technologies. You might be able to get a head start on a new trend if you read about it before others do. Don’t be the last person to know about something, read enough so you can be a pioneer.

Polokwane Business Advertising

To make more sales, you should target your customers carefully. Advertise products related to your website. Think about what kind of people would visit your website, and what kind of products they might be interested in. Choose products that you can actually sell and target your audience carefully when advertising.

See: Polokwane business advertising

If you regularly participate in blogs, your website will inevitably get more traffic. When you participate in blogs, you get more leads, add size and value to your website and increase your visibility on search engines. Blogging is a great way to get more visitors to your real estate advertising site.

More traffic might not be the key to higher affiliate profits. So many internet marketing strategies are obsessed with generating website traffic that it is easy to assume affiliate marketing is the same. It is not. Affiliate profits come from sales, not from traffic. A low-traffic website advertising affiliate products can still be profitable if it converts a high percentage of visitors into buyers.

Advertising first-time customer coupons or other benefits is a useful addition to your Internet marketing strategies. It will prompt people to interact with your website to check out what exclusive benefits they can capitalize on; even if they inevitably do not make a purchase on that visit, they have made initial contact with your brand and they may very well bookmark your page.

You don’t need to necessarily sell big-budget products or offer information that’s wholly unique from everything else out there. You just need to follow the proper marketing steps in order to turn your good ideas into marketable ideas. If you can follow the advice you read here, you can make it as a marketer.

4 Ways To Better Your Guesthouse

14 Feb
guesthouses in Secunda

Guesthouses and Bed & Breakfasts can be incredibly lucrative small companies if you impress your visitors and acquire loyal, returning consumers. Many visitors pick B&B’s due to their cosy and inviting feeling which is often lost on large hotels. If you feel your guest house could be cosier this winter season here are a few ideas on how to develop the homely feel which guests just can’t resist. Have a look here if you’re looking for great guesthouses in Secunda.

The Entrance

Impressions count, and if you’re not completely reserved a welcoming entryway hall and exterior can draw in last-minute consumers. If you have a sign always make certain it’s precise in displaying whether you have jobs or not. Passers-by are not likely to come in if you have your “no vacancies” sign displaying which could lose your prospective custom if you do in fact have jobs. Simply preserving the garden to ensure it’s neat and neat as this shows to your visitors that you take pride in your guesthouse and the interior is most likely to be as well-kept.

The Rooms

Fundamental tidiness might appear like a patronising idea for guest house owners, yet numerous hotels fall below an appropriate standard for visitors. Tidy, premium hotel bed linen is a requirement as convenience ought to be at the leading edge of your B&B’s objective. Never forget the small things which require cleaning, grime around skirting boards and architraves can be easily forgotten but quickly identified by your guests. Make certain everything’s beautiful and make a list if it helps you to bear in mind each and every single element of the room which needs cleaning. Include a touch of high-end to your B&B rooms by laying out dressing gowns, towels and slippers for your guests. Small gestures reveal your guests that you appreciate them staying and can make them feel extremely welcome.

The Service

Outstanding client service is important, especially in guest houses, little hotel and B&B s. Lots of guests choose these alternatives due to the fact that they take pleasure in the personal service and typically enjoy liaising with the little team of staff. Constantly reveal interest in your guests’ lives– you could ask them what they’ve been doing and what brings them to the location. Using traveller recommendations to them is a great touch as you’ll more than likely be well familiarized with the location– have maps available on request too. If you make your visitors feel comfortable they’re more likely to return in the future.

The Exposure

Online exposure for your new business is important. In order to continually increase your consumer numbers, you will require to make more people familiar with your brand-new guesthouse. Using social media to promote your company can truly assist to get the word out of your new, elegant B&B. Hosting competitions online can help to gain more fans and fans for your Twitter and Facebook profiles. As soon as you have a fan-base, engage with them to sustain their interest and post any news and events which are to take place at your guesthouse. Resolve your guests/potential customers personally to show you take terrific interest in your guests.