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Weekend warrior workouts: here’s how to make the most of them

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Most of us know we need to exercise more. Yet finding the time to work out is often easier said than done. For most, the only time we have to exercise is on the weekends.

The good news is that so-called “weekend warriors” (people who only work out two days a week) can still appreciate the health benefits that come from regular exercise, even if their workouts are only crammed in on the weekend. But it’s important to make sure you’re doing the right type of exercises to get the most benefits from these training sessions.

Cardio or resistance exercise?

There are two main types of exercise everyone should aim to do.

The first is cardio, which of course refers to aerobic exercises – such as walking, jogging or cycling. Cardio is great for preventing and even treating a number of chronic health conditions, such as hypertension, type 2 diabetes and cardiovascular disease.

The second is resistance exercise, which involves any activity where the body or a particular muscle group is required to act against an external force – such as weightlifting or pilates. Resistance exercise is good for bone health, and can improve muscle strength, size or endurance. It also slows the rate of bone and muscle loss during ageing. Resistance exercise can also be great for controlling body weightblood pressure and type 2 diabetes.

Since both of these types of exercise have different benefits, it’s important to do a combination of both for good health and fitness. But with only so much time on the weekend, the idea of squeezing both in can seem a bit daunting.

For cardio exercise, HIIT (high-intensity interval training) is particularly well suited to weekend warrior exercisers. HIIT produces similar benefits to cardiovascular health as a 30-minute jog – but in a much shorter time. Studies have shown doing four to seven bouts of intense exercise for one minute, followed by 60-75 seconds of rest, can improve fitness and wellbeing. So in theory, as little as eight minutes of HIIT could be beneficial to your cardiovascular health.

But to get the most benefit out of your session, it’s important to perform your HIIT alongside resistance exercise.

There are a two main types of resistance exercises. The first type are multi-joint exercises (such as squats or a bench press), which are effective for increasing strength. Single-joint exercises (such as a bicep curl) are more effective when trying to increase the size of a particular muscle group.

The exercises you do will largely depend on your goals. If fat loss is your aim, then multi-joint exercises may be best as they burn more calories because they use more muscles.

Squats are a great multi-joint exercise. antoniodiaz/Shutterstock

Similarly, exercise order is important. If increasing muscle size is your goal, then performing single-joint exercises prior to multi-joint exercises which use similar muscle groups could hamper your progress. If you want to build strength, the order of your exercises does not seem to matter.

For general health and fitness, combining upper and lower body exercises targeting the major muscle groups (chest, shoulders, back, hips, legs, arms and core) is best. For each muscle group, aim to do eight to 12 repetitions of an exercise for between one and three sets, resting for two to three minutes between sets and exercises. You should aim to be lifting a weight that is challenging (but not too challenging) for the target repetition range.

If you want to save even more time in the gym, try “supersets”. Perform a chosen exercise for eight to 12 repetitions, then go straight into your second exercise. Rest for one to two minutes after, before repeating for your remaining sets. This method works best when the two exercises target different muscle groups.

Designing your workout

How you structure your weekend workouts will largely come down to your preference, your goals and how much time you have. Regardless of what you do, make sure to include a good dynamic warm-up to avoid injury.

If your focus is to improve or maintain your general health and fitness, then mix it up. You might want to include HIIT training for cardio followed by a mixture of resistance exercises focusing on the upper body on your first day. The next day you may wish to begin with some low-impact continuous cardio (such as a bike ride) followed by some lower body resistance exercises. Each week try to introduce some new exercises or swap the exercises each week – such as using different variations of a squat (such as barbell squats one week then sumo squats the next).

If you find it hard to fit everything into one session then spread it out over the day. Try going for a walk, jog or bike ride in the morning then focus on resistance exercises later in the day. It’s important to find something that works for you and fits in with your lifestyle in order to make these workouts become a lifelong habit.

For losing fat, HIIT has been suggested as the magic bullet. But remember that increasing your muscle mass leads to a higher resting metabolic rate, meaning you burn more calories at rest. So be sure to include large multi-joint exercises which target more muscle, such as the squat or bench press to enhance fat loss.

Of course, the more exercise you can squeeze in throughout your week, the more health benefits you’re likely to see. Just make sure that when you do your workouts, you only do as much as your body can handle to avoid injuries – and make sure you warm up sufficiently.

Authors: Michael Graham and  Jonathan Taylor

Source: Weekend warrior workouts: here’s how to make the most of them (theconversation.com)

The number of people in South Africa without a will is concerning, finds survey

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A recent client survey conducted by Discovery Life reveals that, while 98% of respondents believe that having a will is important, almost a third of the participants conceded that they do not have a will in place (31%). With 12 to 16 September being National Wills Week in South Africa, the time is now to get a will drafted, especially if you have loved ones who are dependent on you for income and other necessities.

Discovery Life surveyed clients aged between 35 and 65 years old, to better understand whether they believed wills were important, how many had one in place and whether these wills were up to date.

“One of the key reasons given by respondents in our survey, as to why they do not have a will in place, was the issue of not having the time to prepare one,” says Gareth Friedlander, Deputy CEO of Discovery Life. “Some respondents acknowledged that they were not sure how to go about drafting their last will and testament.”

While only 31% Discovery Life data clients do not have a will in place, this is still significantly lower than the macro view, where the Master of the High Court data reveals that more than 70% of working South Africans do not have a will. The fact that many people do not have documentation in place to distribute their wealth and belongings after they have passed on is very concerning.

“Our carefully considered view is that our clients demonstrate that they benefit from a higher level of financial literacy as they are being guided by our financial advisers – but this in itself highlights the importance of being better financially educated in order to manage your own wealth properly,” explains Friedlander.

When questioned regarding when their will had last been updated, a surprising 67% of respondents advised that they have not updated their will in the last 12 months. Nearly a quarter (23%) expressed that the last time they updated their will was more than five years ago – an alarming statistic as the will in place could be considerably outdated, possibly even leaving assets to people who have since passed or excluding people born after the will was last updated.

“Passing away without a will – which is also called ‘dying intestate’ – creates serious problems for your loved ones who are left behind,” adds Friedlander. “If there is no will in place, unfortunately the Intestate Succession Act ultimately decides the pecking order of who receives your assets.”

Friedlander cautions that the absence of a will or even an outdated will could leave the people who matter the most to you without the means to cope financially.

Dying intestate not only means that an individual’s assets could potentially be inherited by someone you hardly know, but there are additional lengthy challenges to consider. It causes additional confusion and unnecessary stress for loved ones, during a time when they are already grieving a terrible loss.

“Without a will, you cannot leave instruction on who will care for your minor children should both you and your spouse not be around to do so,” warns Friedlander. “More importantly, without a will, you cannot choose your own executor to wind up your estate, or set up a trust to receive assets or cash on behalf of your minor children. Cash will then end up going to the ‘Guardian’s Fund’.”

Proactive estate planning counters this by enabling your family to bypass time-consuming and expensive probate court proceedings, while simultaneously reducing family conflicts which often arise from estate disputes.

Friedlander advises individuals to update their wills at least once a year. There are also important life stages and events which may require that a will is updated more often than that. Examples of life changing events which require an extra urgent review of a last will and testament include getting married or entering a civil partnership, having a baby, purchasing a home, getting divorced, or if you have simply and unfortunately misplaced your original will.

The most important legacy an individual can leave for their loved ones, is an inheritance that is safeguarded from exorbitant administration fees or complicated processes, thereby ensuring that their legacy and their family’s inheritance is comprehensively protected.

“We call it Holistic Estate Planning,” says Friedlander. “Protecting your legacy ensures that legal costs and administration demands associated with wrapping up a life do not erode wealth for loved ones.”

Friedlander explains that The Discovery Estate Preserver (DEP) assists to cover the costs associated with winding up an estate after death including executor fees, testamentary trustee fees and property conveyancing fees. “Through the Discovery Estate Preserver, individuals have access to benefits such as our Liquidity Benefit which pays a lump sum to the beneficiary within 48 hours of a loved one’s death to assist in covering immediate expenses,” says Friedlander.

Commitment to ESG Reporting is Driving Change within Global Corporations, New Study Shows

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  • New case studies from the World Economic Forum offer first insights on how ESG reporting is driving effective transformation on global corporations’ sustainability efforts
  • They also show emerging risks for regulators as companies are still struggling with the confusing and disparate nature of the current ESG landscape
  • The number of companies reporting on the Stakeholder Capitalism Metrics doubled over the past reporting year, showing companies continue to prioritize ESG reporting despite recent geopolitical, pandemic and economic disruptions.

New case studies from the World Economic Forum show how comprehensive environmental, social and corporate governance (ESG) reporting has started to drive corporate transformation around the world, particularly in sustainability efforts and company culture.

Based on case studies from companies reporting on the Stakeholder Capitalism Metrics, the white paper found examples of specific strategy and operations changes as a result. These include initiatives such as new approaches to water management in real estate and implementing biodiversity strategies and targets.

The case studies also indicate that despite some progress, companies are still struggling with competing and disparate ESG frameworks around the world. As regulators begin to roll out mandatory ESG reporting across regions, alignment will be key to ensuring that the clarity and efficacy of ESG reporting continues to improve globally.

We’re happy that support continues to grow for this set of metrics even in the face of geopolitical challenges, the lingering global pandemic and economic disruptions of the past two years,” said Emily Bayley, Head of Private Sector Engagement, ESG, World Economic Forum. “As this growth continues and jurisdictions transition from voluntary to mandatory sustainability reporting standards, we hope these learnings can provide valuable insights for companies that are just getting started on sustainability reporting and those that have been doing it for years.”

ESG-Driven Corporate Impacts

The Stakeholder Capitalism Metrics Initiative case studies engaged a global set of companies to gather how, and if, their ESG reporting has informed corporate transformation both internally and externally.

Examples of these transformations include:

Ecopetrol

Stakeholders told Ecopetrol their report was too long – the Forum’s core metrics helped the company focus on reporting topics that are most material and will generate value.

HEINEKEN

The metrics go beyond ESG to capture commercial metrics on employment, economic contribution, investment and tax. This delivers “an annual dashboard of comparable data on both sustainability and prosperity that will provide us with a snapshot of how healthy our company is”.

JLL

The core metric on water consumption and withdrawal in water-stressed areas led the company to encourage its teams and clients to agree water management plans and targets. It may even influence where the company rents office space in the future.

Philips

Accurate reporting on the environmental and social impacts of its operations. For example, the metric on resource circularity points customers towards the most impactful products on the market and drives the company’s innovation agenda to design more sustainable solutions.

SABIC

Reporting on the Forum’s metrics has increased the value of transparency within the company, leading to conversations and progress on difficult issues.

Schneider Electric

The metric on land use and ecological sensitivity contributed to Schneider’s new approach to biodiversity, as it adapted its reporting and asked all sites to set specific biodiversity action plans.

ESG Regulatory Landscape

While progress has been made on the creation and implementation of meaningful and effective ESG disclosures globally, concerns remain about the disparate nature of the competing and complex ESG reporting mechanisms that exist today.

There are also concerns that as reporting becomes mandated there could be less transparency because people will not want to disclose more than they have to. As mandated ESG reporting becomes more widespread, both regulators and internal advocates should ensure corporations understand the full value of transparency on sustainability and other ESG issues.

Addressing this issue is particularly important as regulators in different regions begin to roll out their mandatory reporting requirements. Focus on a common set of comprehensive and material metrics will be important for both the efficacy and feasibility of ESG reporting in the coming months. As much as possible, the European Union, the US Securities and Exchange Commission (SEC) and the International Financial Reporting Standards (IFRS) Foundation should align their metrics to ensure companies are able to implement effective ESG reporting globally.

Stakeholder Capitalism Metrics Initiative

The World Economic Forum and the coalition of companies adopting the Stakeholder Capitalism Metrics, engaged with the preparatory working group and are continuing the dialogue with the International Sustainability Standards Board (ISSB) technical teams under the IFRS Foundation as they go through the standard-setting process. The metrics are expected to form part of the ISSB “exposure draft” next year on cross-thematic disclosures and metrics.

Announced at the World Economic Forum Sustainable Development Impact Meetings 2022, these case studies build on the earlier report to showcase progress on the commitment made by companies at the Annual Meeting in 2020. Since then, 186 global companies, with a combined market capitalization of over $6.5 trillion, have adopted the Stakeholder Capitalism Metrics. Of these, 126 companies have disclosed against the metrics in their mainstream reports for either one or two years.

Source:Commitment to ESG Reporting is Driving Change within Global Corporations, New Study Shows > Press releases | World Economic Forum (weforum.org)

The accounting industry is underperforming in digital transformation.

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While there is substantial room for growth in digital transformation in accountancy, the commitment to and advancement of it, is slow. This is according to insights from the South African Institute of Professional Accountants (SAIPA) 2021 Existing and Prospective Member Survey.

Modern technologies like Artificial Intelligence (AI), Big Data, and Robotic Process Automation (RPA) are not used, or are very rarely used, by as many as 51% of surveyed respondents. Barriers to digital technology adoption include budget restraints (36%), customers not liking change (21%), uncertainty around what is involved coupled with limited knowledge of the digital journey (15%) and limited professional resources (10%).

“The majority of respondents understand technological innovation to be imperative, but many Professional Accountants (SA) either don’t have or believe that their companies don’t demonstrate a forward-thinking approach to technology integration,” says Shahied Daniels, SAIPA Chief Executive.

SAIPA’s members include Professional Accountants (SA) in practice, in academia, and in corporate and public organisations. To bridge the digital divide in the accountancy profession, the institute has developed a Digital Hub, which has launched with its flagship resource: the Digi-Kit. This resource contains digital tools such as VoIP and cloud solutions and applications that lay the foundation for each member’s digital transformation journey.

“We want to encourage our members to rethink and redesign practices and service offerings with a focus on leveraging mobile connectivity, data analytics, cloud computing and incorporate these tools into their business models,” says Daniels.

Created in partnership with Vodacom Business and NtaNet Solutions (Pty) Ltd, the SAIPA Digi-Kit incorporates business-ready digital resources that will help members improve their own business model efficiencies, while strengthening their client relationships.

“Digital technologies fundamentally change the customer’s engagement and experiences, and are an enabler to drive organisational efficiencies and growth ambitions. Remaining adaptable to the ever-changing technology landscapes and going on a digital transformation journey ensures the successful navigation and sustainability of any profession,” says Furzana Sadiq, Director at NtaNet Solutions. 

On the importance of digital transformation, William Mzimba, Chief Officer of Vodacom Business, says technology is advancing at a rapid pace, with smart accounting software streamlining many traditional business tasks.

“While this is great for business – offering faster, more affordable outputs that are more accurate without the risk of human error – it means that accountants need to transform the way they work to continue to deliver value. Automation technology can produce raw data, but it’s the interpretation of that data and its application for business forecasting that brings real value.”

The Digital Hub and Digi-Kit is an enabler for Professional Accountants (SA) to leverage technology to deliver this value, so that they can take on a more advisory role for their clients by interpretating data-driven insights.

“Digital transformation is the most visible manifestation of a progressive organisation and profession. As symbols of business continuity and sustainability, it is critical for South African businesses, SMEs, and entrepreneurs to continuously evaluate their digitisation capabilities and adapt their strategies to realise growth opportunities,” says Daniels.

With the tools for digital transformation at their fingertips, Professional Accountants (SA) can easily transition away from the perceived traditional bookkeeper role to offer a strategic business advisory service that delivers insight and value to customers while ensuring business sustainability.

The Digi-Kit is the first of many digital-transformation resources SAIPA will launch on its Digital Hub. Affordable and efficient tools related to cybersecurity, hardware, and a digital marketplace for practice management will be added to the platform soon. For more information, visit www.digitalhub.saipa.co.za

About SAIPA

SAIPA is one of the largest and most digitally advanced professional accountancy organisations (PAOs) for professional accountants and business advisors in South Africa.

For the past 40 years, SAIPA has been a pioneer in the South African economy and accountancy profession, contributing to the advancement of the profession, influencing legislation, and constantly transforming to keep abreast of business, financial and social developments in the country and internationally.

SAIPA’s more than 15 000 members include qualified Professional Accountants (SA), Professional Accounting Technicians (SA), Professional Tax Technicians (SA), Professional Tax Specialists (SA), Professional Tax Practitioners (SA) and Professional Business Advisors (SA) in practice, commerce and industry, academia, and the public sector. SAIPA further collaborates with numerous schools, universities, and Accredited Training Centres (ATCs) to encourage students and trainees to become SAIPA members.

HUAWEI launches new HUAWEI nova 10 Series in SA

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The Huawei Consumer Business Group has announced the launch of the HUAWEI nova 10 Series: the HUAWEI nova 10 Pro and the HUAWEI nova 10. These two stylish flagship smartphones meet the contemporary, ever-evolving trends amongst the future-minded youth of today.

Reveal your beauty with the HUAWEI nova 10 Series

In the era of video-focused social networking, nova users have become more creative. By using excellent equipment, creatives can develop high-quality content to record and express themselves, sharing their amazing daily lives. The HUAWEI nova 10 Series inherits the excellent genetics of the previous generation, offering young people a better imaging and video experience.

The Multi-Vision Photography of the HUAWEI nova 10 Pro boasts the industry’s first 60MP Ultra-Wide Autofocus front camera, supporting 100-degree ultra-wide angle with a 1/2.61-inch sensor and supporting 4K quality, which offers excellent resolution and light sensitivity. Another industry first Portrait Close-up Camera supports 2X optical zoom and up to 5X digital zoom, bringing you an excellent close-up portrait experience, which expands what the human eye perceives. The newest update of the HUAWEI Multi-Vision Photography feature also comes with an AI feature, which can detect finer object edges.

The HUAWEI nova 10 Series’ chic and lightweight design

The HUAWEI nova 10 Series inherits a classic design, enhancing its original Star Orbit Ring features, which adds a shimmer to the design texture and a silkier touch. The HUAWEI nova 10 Pro comes with a thickness of 7.88mm and weighs 191g.The HUAWEI nova 10 is much thinner and lighter, with a thickness of 6.88mm and weighs 168g. Both models strike a balance between performance and stunning design.

Fast-charging speed powered by HUAWEI SuperCharge

As fast charging becomes increasingly in demand, the HUAWEI SuperCharge feature  is also upgraded. The HUAWEI nova 10 Pro supports the new-generation 100W HUAWEI SuperCharge, while adopting an industry leading fast charging solution comprising a combination of the brand-new charging pump and low-impedance technology. Coupled with HUAWEI’s unique intelligent temperature control technology, the phone brings users an exceptional charging experience. The HUAWEI nova 10 supports 66W HUAWEI SuperCharge, letting lets users fully charge the phone in just 38 minutes.

The powerful fast charging ability of the HUAWEI nova 10 Series greatly enhances charging efficiency – with both smartphones breaking the power consumption limits for instant charging.

The HUAWEI nova 10 Pro is equipped with a more power-efficient 4500mAh large battery capacity, while the HUAWEI nova 10 has a 4000mAH battery capacity.  Even in heavy use scenarios, the HUAWEI nova 10 Series assures users a worry-free experience.

Smoother than ever before:  heat dissipation, gaming, and faster downloading and ample storage

The HUAWEI nova 10 Pro features Ultra-Generation VC Liquid Cooling which brings heat dissipation with better speed and uniformity. It adopts an AI-powered temperature-sensing technology that detects hot spots on the surface of the phone and optimally redistributes the heat, bringing a cooler and smoother user experience.

For gaming enthusiasts, the HUAWEI nova 10 Series features the all-new Touch Turbo 2.0. Users can simply shake the phone to trigger any corresponding key operation, which effectively improves the user experience of mobile games.

For communication, the HUAWEI nova 10 Series supports Wi-Fi 6 Enhancement and 4K QAM modulation which brings faster upload and download speeds with a theoretical peak rate of up to 3.2Gbps, offering super-fast, smooth downloads and fast sharing.

Fortunately, this new HUAWEI series is fitted with 8 GB RAM plus 128 GB or 256 GB ROM large storage, so, there’s enough space for all your videos, images, and gaming. The awesome memory also means you can run more apps at the same time, without affecting the running speed

The powerful software and hardware capabilities of the HUAWEI nova 10 Series have set a new benchmark for the mobile photography experience for young, talented and curious creatives. If you’re looking for an impressive smartphone with all-round features, get the HUAWEI nova 10 Series from the HUAWEI online store or at selected retailers.

Mteto Nyati Joins Nedbank’s Board To Help With IT Strategy

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Mteto Nyati has been appointed as an independent non-executive director and Nedbank’s IT Committee member. His appointment is effective from 1 October 2022.

Investors were advised by Nedbank that Nyati’s appointment followed the group’s guidelines for the selection and appointment of directors.

Mteto serves as Telkom’s non-executive director and the chairman of Wazo Investments.

In 2004, he was selected as a Yale University World Fellow on Global Leadership.

“Mteto will strengthen the Boards’ ICT, digital, commercial, and strategic competence; we look forward to his participation,” said Mpho Makwana, chairman of the Nedbank Group, in welcoming Mteto to the Boards.

New Crypto Sustainability Coalition to Investigate Potential of Web3 Technologies in Fighting Climate Change

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  • Today the World Economic Forum launched a new coalition to investigate and highlight the potential of web3 technologies, such as crypto and blockchain, in accelerating action on climate change
  • Using blockchain tools, for example, can improve the transparency of the global carbon credits market while crypto-mining has potential to boost the business case for renewable microgrids through its decentralized, off-peak demand
  • The coalition, which features 30 organizations, aims to better inform governments on how they regulate web3 technologies and incentivize investment and research into their development
  • Read and learn more about the Sustainable Development Impact Meetings 2022

The World Economic Forum today launched the Crypto Sustainability Coalition, which will investigate how web3 and blockchain tools can be leveraged to achieve positive climate action.

Web3, which includes technologies like blockchains, cryptocurrencies, and NFTs, has become a catch-all term for the vision of a new, better internet. Members of the coalition will explore the potential positive impacts these technologies can bring to environmental and social agendas.

The coalition launch is timely as there is an urgent need to support the decarbonization of cryptocurrency and ensuring the industry is part of the climate solution. Furthermore, there needs to be regulatory clarity that promotes web3 innovation, protects consumers, and improves financial inclusion.

“I am excited about the work we are expecting from the Crypto Sustainability Coalition. An important and unique aspect of web3 is that it uses technology to support and reward direct community engagement and action. This means we can coordinate the work of many individuals directly with one another, enabling collective action without centralized control – a powerful accelerator for grass roots action,” said Brynly Llyr, Head of Blockchain and Digital Assets, World Economic Forum.

The Crypto Sustainability Coalition is a public-private initiative hosted by the World Economic Forum and comprises 30 partners. It is convening working groups to tackle three specific issues:

  • Energy usage – this working group will analyse the crypto industry’s consumption of energy and materials to build a clearer picture of its impacts on climate and nature.
  • Web3’s potential for climate action – this working group will investigate ways in which web3 innovations could tackle challenges facing the low-carbon transition at the pace required to hit the Paris Agreement’s targets. For example, the decentralized nature of crypto-mining and its ability to operate at off-peak times may provide a new business model for utilities and investors looking to develop renewable energy microgrids.
  • “On-chain” carbon credits – members of the coalition believe blockchain-based carbon credits could address current flaws in global carbon markets, including: the lack of transparency around carbon offsets for either providers or buyers; the failure of markets to remove carbon emissions at the scale and pace required; and the inability of millions of the world’s smallholder farmers, forest stewards and Indigenous communities to participate in or benefit from carbon credit markets.

The Crypto Sustainability Coalition will investigate, collate and highlight industry standards, best practices and examples of tangible action that attest to how web3 technologies can support communities most vulnerable to the impacts of climate change. The coalition’s wider aim is to foster a broad education campaign on what web3’s potential and capacity look like, to better inform governments on how they regulate these technologies and incentivize investment and research into their development.

The coalition’s partners include Accenture, Avalanche, Avatree, CC Token, Circle, Climate Collective, Crypto Council for Innovation, Emerge, Energy Web Foundation, eToro, EY, Flowcarbon, Heifer International, KlimaDAO, Lukka, NEAR Foundation, PlanetWatch, Plastiks, Rainforest Partnership, Recykal, ReSeed, Ripple, Solana, Stellar Development Foundation, STEWARD, Sustainable Bitcoin Standard, The Global Brain, Toucan Protocol and University of Lisbon.

The new coalition is part of the Crypto Impact and Sustainability Accelerator (CISA), a grant-funded initiative launched by the Forum in January 2022 with a mission to encourage a greater understanding of the environmental, social and governance (ESG) impacts of crypto technologies.

For more information on the Crypto Sustainability Coalition and how to join, contact [email protected]

Source: New Crypto Sustainability Coalition to Investigate Potential of Web3 Technologies in Fighting Climate Change > Press releases | World Economic Forum (weforum.org)

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Tips on how to help innovative ideas get wings – from universities to businesses

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Slowed economic growth and high unemployment almost seem the norm across Sub-Saharan Africa. There are many factors that has caused this including varying skills levels, low levels of digital literacy and ageing infrastructure. Not to mention the constantly changing technologies that affect the work we do, and how we do it.

Despite these barriers, the private sector is driving economic growth through several innovation strategies. New business areas are being created to compete locally as well as globally. For example, local small and medium sized enterprises (SME) initiatives have seen technology centric start-ups develop new products that have significant impact in local markets. Unsurprisingly, since the pandemic, innovation using advanced technologies has become a top priority in several private sector arenas, including SMEs, to create new markets and products.

Globally, there are huge leaps being made in technological innovation and adaptation. These latest developments have been grouped under the umbrella of the Fourth Industrial Revolution.

The key question is how to develop entrepreneurial capabilities for the transfer of these technological innovations to entrepreneurs who can put them into use. This question is important because the entities that develop the basic technology and those that can put it into use are different.

So, how the transfer of technology happens matters.

Several variables – and actions – have to occur for such transfer to happen. They include a concerted effort to share knowledge, skills, technologies or methods to a wider range of potential users who can further develop and exploit the technology.

The transfer of technology doesn’t happen in isolation. In the main, there are three actors involved in the process. They are universities, governments and entrepreneurs.

Our research study looked at how the uptake towards innovation can be supported. We unpacked the ecosystems that can support technology transfer. At the core are certain innovation mechanisms. These can act as a launchpad for technological innovation.

Supporting the ecosystem

Technological innovation has experienced exponential growth, drawing further attention on ways to use the opportunities they bring with them. South Africa itself is seeking

strategies to support the entrepreneurial ecosystem, with universities playing an important role in skills development, research, intellectual property (IP) protection, licensing and spin-offs.

The reason for these specific kinds of strategic activities is that they produce tangible value. This includes research outputs, business spin-offs, new products, and even optimising value chains through data creation and associated businesses.

This is not only within enterprises, but also in higher education environments. Not surprisingly, strategic activities have been a focal point in technikons and universities, among others. This is because they are tasked with delivering skilled graduates especially since

skill shortages hamper the ability of entrepreneurs to identify technology application potentials and effectively prototype towards viable ventures.

Also, part of the issue of innovation development is

insufficient policy coherence and coordination, weak partnerships between actors and a lack of technical and soft skills continue to impede technology transfer.

Our study found that there are various mechanisms in South Africa that drive innovation outputs by universities as well as in the private sector. We found that these spaces are no longer limited to more elite areas or academic institutions.

We used technology readiness levels to determine what kind of support is needed to ensure the innovation is realised. Technology readiness level is a useful tool to guide decisions, actions and requirements of ventures. It can help determine where an entrepreneur, business, product or service concept is in its lifecycle.

Using this information, the relevant skills and support can be channelled to get their idea either to minimum viable product, to IP/ copyright or to the development of an actual, scalable business.

By assessing the mechanisms in place based on technology readiness levels, we found that there are certain key practices that innovation mechanisms can fulfil to support entrepreneurs. These mechanisms can enhance the ability of entrepreneurs to seize opportunities attributed to the development of the new-generation technologies.

The key practices range from support to engage with these new technologies, to ensuring industry engagements for product with commercial and scalable potential.

This however, depends on expertise and the ability to provide the right advice and leverage the right technology for the right problem.

If well managed, these practices can accelerate the creation of entrepreneurial ventures. They can do this by ensuring a strong collaboration between universities and entrepreneurs on research and development.

This means that innovation spaces offer an early access point to technology innovation. These can emanate from academic research to accelerate the development of entrepreneurial ventures through an array of support resources and services.

So, what do the innovation mechanisms mean for “normal” business people?

If you are struggling to innovate, or at the very least create value from research and development activities, then this these mechanisms can:

  • act as a place to channel innovation through collaboration, upskilling, rapid prototyping and consulting services
  • can be integrated to bridge gaps like a lack of certain skills, or access to resources. It can also enable the pooling of resources within businesses.

From a university perspective, such mechanisms can be used to guide SMEs and entrepreneurs in a key aspect of innovation, technology transfer and specifically address a lack of necessary skills – both technical (ICT) and soft skills.

Conclusion

Our findings show that technology transfer continues to play a pivotal role where strategies to address disruptions of technology require coordinated activities. These mechanisms offer activities to support businesses to innovate. More importantly, they provide practical guidance on how to derive the value part of innovation. Technology transfer lies at the heart of this because it opens the door to IP, copyright or business spin-offs.

Technology transfer can also be integrated into larger institutions to channel innovation activities, pooling expertise from various departments.

Authors: Sean Kruger and Adriana Aletta Steyn

Source: https://theconversation.com/tips-on-how-to-help-innovative-ideas-get-wings-from-universities-to-businesses-187084

Check Point Software Launches Industry-Leading Security Operations Solutions and Services Suite with Prevention-First Approach

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New Check Point Horizon platform for XDR, MDR and Events leverages the company´s prevention-first approach to improve defenses across the network, cloud and endpoints, and prevent future cyberattacks

September 20th , 2022 Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, has announced the launch of Check Point Horizon – the industry-leading prevention-focused suite of security operations solutions and services that combines proactive management solutions for Managed Prevention and Response (MDR/MPR), Extended Prevention and Response (XDR/XPR) and Events. All powered at the click of a button and supported by the industry’s top analysts, research experts and innovative AI technology. 

The cyber threat landscape has never been more severe. Check Point’s Mid-Year Report recently revealed a 42% global increase in cyberattacks and ransomware is now the number one threat to businesses. Attacks are increasing all the time as security teams struggle to shut down breaches before damage spreads due to the distraction of endless alerts and false positives across multiple siloed tools and a narrow attack vector view that lacks context. The problem is made worse by a lack of cyber experience and the ongoing skills shortage. 

Against this backdrop, there is now a critical need for all organizations to have a security operations center (SOC), with 24/7 monitoring, response, and threat hunting capabilities. However, for the majority, running this kind of operation is too complex and expensive. Also, SOC provision up to now, does not match the scale of the challenge as the industry is only focused on detecting and responding to attacks rather than preventing them. 

Craig Robinson, Research Vice President for Security Services at IDC commented: “Many of the existing MDR solutions in the market today simply deal with detection and management of cyber incidents, but actually preventing incidents has largely been missing in the MDR arena, until now. Check Point Horizon’s strategy of going prevention-first is a game-changing feature addition in the crowded MDR market.”

Dan Wiley, Head of Threat Management and Chief Security Advisor at Check Point Software, said: “The secret sauce to Horizon is in its unique combination of preventative tools, the industry’s top analysts and research experts and innovative AI. Check Point Horizon is a unified solution across your entire infrastructure that will vastly improve your cyber defenses and prevent attacks from happening, while reducing overheads and TCO.” He continued: “The strength of any MDR service is in its people, and prevention is in our DNA. With Horizon MDR/MPR, customers benefit from the direct experience of our Incident Response team who handle more than 3,000 incidents per year. If you do not have the resources to run a solid 24/7 SOC, we will do it for you.”

Check Point Horizon brings a prevention-first approach to security operations by providing SOC teams with the tools and services needed to prevent attacks in real-time with fewer resources. It includes:  

  • Check Point Horizon XDR/XPRincreases security operations efficiency by quickly detecting, investigating, and automating responses to attacks across the entire IT infrastructure. By leveraging innovative AI technologies and big data threat intelligence, aggregated from hundreds of millions of sensors worldwide, Horizon XDR/XPR identifies threats inside the organization and prevents them from spreading.
  • Check Point Horizon MDR/MPR is a prevention-first MDR service backed by Check Point´s elite experts who deliver a powerful SOC-as-a-Service. The Check Point analysts’ monitor the entire security estate 24/7 – no matter the products or solutions in place – utilizing their 25 years’ Incident Response experience to analyze, correlate and understand what’s happening, responding on a customer’s behalf and making recommendations to drive a prevention mindset throughout the entire delivery of the service.  
  • Horizon Events – Horizon Events provides complete event visibility across all Check Point products for efficient monitoring, search, and threat hunting. Designed for security admins and analysts to investigate and troubleshoot all security incidents, with a simple and intuitive SaaS cloud solution, it saves valuable time and eliminates complexity. 

Marc Upchurch, Chief Information Security Officer (CISO) at City and County of San Francisco – Department of Public Health, said: “Being a public health company with limited resources, we must partner with a cybersecurity vendor that has low ongoing costs and good ROI. Check Point’s commitment to investing in its products and services to provide an integrated prevention-first solution with an easy-to-manage consolidated security platform can be seen in the results we witness in our environment. Our small team, combined with Horizon MDR/MPR, allows us to align our cybersecurity goals with patient safety initiatives to provide continuous delivery of services without disruptions 24x7x365 to the people who live in and visit our wonderful city.”

For more information, please visit https://www.checkpoint.com/horizon/

Availability 

Check Point Horizon MDR/MPR is available now, and already supports 120 active customers globally. Horizon XDR/XPR and Horizon Events are available in preview. 

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LinkedIn: https://www.linkedin.com/company/check-point-software-technologies

About Check Point Software Technologies Ltd.  

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of cyber security solutions to corporate enterprises and governments globally.  Check Point Infinity´s portfolio of solutions protects enterprises and public organisations from 5th generation cyber-attacks with an industry leading catch rate of malware, ransomware and other threats. Infinity comprises three core pillars delivering uncompromised security and generation V threat prevention across enterprise environments: Check Point Harmony, for remote users; Check Point CloudGuard, to automatically secure clouds; and Check Point Quantum, to protect network perimeters and datacenters, all controlled by the industry’s most comprehensive, intuitive unified security management; Check Point Horizon, a prevention-first security operations suite. Check Point protects over 100,000 organizations of all sizes.

GDF facilitates Gauteng’s one million tree campaign

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The Green Development Foundation (GDF) proceeded to implement and enable the planting of one million trees in Gauteng Province on September 14, 2022, when they visited Far North Secondary School in Cosmo City, north of Johannesburg, to plant more trees.

The planting of one million trees in Gauteng Province is part of the government’s commitment to the 10 Million Tree Programme, which seeks to plant at least 10 million trees in South Africa by 2024.

According to GDF Marketing Manager Refilwe Philemon, out of the ten million trees to be planted in the country, Gauteng Province agreed to contribute to the planting of one million of them, and GDF was chosen to implement and facilitate the initiative.

“We are working hard with the Gauteng Department of Agriculture and Rural Development to reach a target of one million trees in the province,” she said.

The GDF team, along with selected students, planted three trees at the school and educated the pupils on the importance of tree planting.

million trees
GDF Mascot Buti Green posing for a photograph with Far North Secondary students during the one million tree campaign.

According to Philemon, trees have numerous characteristics that contribute to our ecosystem, not only through oxygen, but also by providing sturdy support for things like natural calamities.

“We have an example of what happened lately in KZN,” she said. “All of the houses would not have collapsed in the same way if the trees had been more stable. As a result, trees have a significant impact on our society.”

Philemon added that the quality of the air we breathe in some places is poor due to traffic and population growth, which is accompanied by a lack of trees.  She believes that planting more trees improves air quality, which improves health and gives people in townships greater health.

As GDF promotes the planting of trees in Gauteng, Philemon believes it is critical to instill a green mindset in the next generation.

“Nurturing the young mind is always easier than trying to mould an older one,” she noted.

“Our children have a significant influence in our homes. For instance, if a child is taught something at school, he or she ensures that it is implemented at home. We are attempting to raise awareness that is solely aimed at children since we believe that starting from the bottom is much easier and better.”

She stated that GDF will conduct further activations in numerous schools, with the goal of reinforcing the campaign in collaboration with the Department of Agriculture and Rural Development.

“We encourage people to continue planting trees, not only for shade, but also for air quality and food security,” she said.

Patricia Runganga, a Far North Secondary School student, said the GDF’s tree planting initiative taught her more about the value of trees.

“Everyone should learn how to plant trees, and we should devise a plan to prevent deforestation in our country,” the student noted.  “I would encourage people to put seeds in a bucket every time they eat a fruit, and whether they are in a taxi or a car, they can throw those seeds out the window, and when there is a free space, trees will sprout and nature will take care of itself. Because we don’t have many trees at our school, I consider this a blessing. More trees, more life.”

Green Development Foundation (GDF) is a non-profit organization that seeks to improve agriculture. During the COVID-19 lockdown, GDF developed the FURA idea, which aims to overcome the poverty and unemployment barrier by establishing a long-term solution for home food security.