Remote Etiquette: Business On Top, Party On The Bottom?

A huge majority of businesses around the world have experienced some dramatic and not entirely voluntary digital transformation in a much shorter period than they would have anticipated. It has taken a world-changing crisis to fundamentally shift the way businesses operate, a shift which will cripple some but see others emerge far stronger. Amongst all […]

Your Incentives Drive Your Actions: So Craft Them Carefully

Incentives rule the world. Ask any economist worth their salt and you’ll be bombarded with study after study that shows just how malleable human behaviour is to external incentives. As social creatures, trying to make our way through the world, we are responding to financial, social, and psychological incentives all the time. As a company, […]

Homegrown Start Up Wins Trip To Europe’s Biggest Startup Event In Paris

South African technology startup, SmartWage, won the VivaTech AfricArena competition, earning us a trip to VivaTech Paris in 2021, Europe’s biggest startup and tech event. SmartWage was one of three finalists, and the win solidified our position as the market leader for wage-access in South Africa. VivaTech 2021 will play host to over 3,300 investors […]

South Africa officially has the highest unemployment rate

South Africa set an unwelcome world record when our unemployment rose to a record 34.9% in the second quarter, which would be the highest of 83 countries tracked by Bloomberg. With this being said, South Africa was already facing an economic crisis and unemployment disaster prior to the pandemic. Covid-19 was simply the catalyst which […]

Earned wage access. What is it all about?

Why are we paid at the end of the month or after 30 days of work?  Simply put, the 30-day pay cycle is a construct that was conceptualised during the Industrial Revolution and we have kept this ever since – because the arrangement suits companies and their cash flow. This may benefit companies but this […]

South Africa’s Huge Consumer Debt Problem

My name is Simon Ellis and I am a co-founder at SmartWage. Today I want to talk about South Africa’s huge debt problem, and how SmartWage is working with companies to eliminate the payday debt cycle amongst workers during the lockdown.    One Hundred and Forty Billion Rand This is how much the South African […]

SmartWage Quick Thoughts: Budgeting in times of Corona

SmartWage is here to help hard-working people remain financially secure during difficult times, but we recognise that there are many practical and proactive steps anyone can take to ensure they can make ends meet and endure the strains posed by difficult times (like pandemics and lockdowns). One of these steps is budgeting, something not nearly […]

SmartWage Quick Thoughts: The Value of Experience

The SmartWage team has been on a pretty exciting adventure over the past few weeks, doing anything and everything we can to make the most of the many challenges and even more opportunities served up by the continuing lockdown. Since the last Quick Thoughts blog post we shared just over a month ago, a lot […]

Proudly Supporting Small With Yoco

As a young South African business, developing a keener understanding every day of the difficulties faced by South African businesses and their employees alike,  we are particularly proud to be associated with Yoco’s Support Small initiative. As a Support Small Partner, we are promoting our free service offering to Yoco’s extensive merchant network through May […]