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Welcome to the home page of the Actuarial Science Department which is part of the School of Management Studies within the Faculty of Commerce.

The University of Cape Town is the oldest university in South Africa and is situated at the foot of Devil's Peak in one of the most beautifully located cities in the world. More importantly the University has been consistently rated amongst the top research institutions in South Africa.

The Actuarial Science section is primarily concerned with teaching actuarial courses to students hoping to qualify as actuaries and with research into a wide range of actuarially related fields. Some students combine actuarial courses with finance courses in order to focus on quantitative finance.

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Latest News

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Blockchain hackathon winners
16 February, 2018

Blockchain technology isn’t just about trading cryptocurrencies – it can make everyday life better. The winners at Unlock the Block – the continent’s largest blockchain hackathon – proved this, delivering solutions that can facilitate cattle trading, improve governance in companies and more.

Unlock the Block was hosted by Linum Labs and the African Institute of Financial Markets and Risk Management (AIFMRM). Culminating in Cape Town’s first ever blockchain symposium, the 10-day event saw almost 80 participants from around the world attending.

The first five days were dedicated to a digital “boot camp”, during which participants were exposed to the blockchain tools needed to develop decentralised applications and protocols. At the end of the hackathon, participants were given three days to develop their own blockchain applications.


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Keeping blockchain booming in Africa
23 October, 2017

To harness the power of blockchain technology for the continent, a new generation of highly skilled professionals is needed to drive its application. South Africa will soon see a first-of-its-kind intensive skills-building boot camp and hackathon to achieve just that.

Blockchain is booming in Africa. On the financial side alone, Bitcoin trading hit record highs in South Africa in August as the currency surged to $4 700 a coin.

The South African Reserve Bank has said that it is open to issuing a national digital currency, likely based on blockchain or distributed ledger technology, and similar plans are in the pipeline in Senegal and within the West African Economic and Monetary Union.


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Cybersecurity: Our shared responsibility
27 September, 2017

The internet has changed the way in which our world works. It has opened doors to information, people and communication. Unfortunately, it has also allowed criminal elements to enter our lives more easily.
South Africa loses an estimated R5.8 billion a year to cybercrime. In 2016 the Norton Report placed the country third highest out of 24 countries surveyed with regards to the effects of cybercrime. In the wake of international cybersecurity incidents such as the WannaCry virus, people are becoming increasingly vigilant of their online risks and more aware of their cyber safety.

October is Cybersecurity Month. This annual global campaign aims to raise awareness around cybersecurity issues, as well as educate the public about staying safe online. While UCT’S Information and Communication Technology Services (ICTS) has run this drive for the past five years, this year it is being run on campus by the newly formed Computer Security Incident Response Team (CSIRT).


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