Gugu Lourie

Editor in chief

Latest Articles

R26 Billion Sent Via FNB eWallet

First National Bank (FNB) customers sent more than R26 billion worth of eWallet funds in the year to end-June 2019. This was derived from eWallet...

Ascension Snaps Up MIC’s BEE Stake in Westcon SA

MIC Investment Holdings (MIC) has disposed of its empowerment shareholding in Westcon Southern Africa (Westcon SA). MIC is an investment company and is a wholly-owned subsidiary of...

Cell C is ‘Fraudulently’ Run by Illegal Board

Cell C, South Africa’s troubled mobile phone operator that is half-owned by JSE-listed Blue Label Telecoms, is being run by an illegal board of...

Multichoice Rewards Black Investors With R1.5 billion Dividend

Black investors in Phuthuma Nathi, the broad-based black economic empowerment arm of pay-TV operator MultiChoice, will share more than R1.5 billion in dividends. MultiChoice South...

This the World’s First Vehicle in Vantablack – New BMW X6

This September, the Frankfurt Motor Show will provide the backdrop for the world premiere of the third-generation BMW X6. At the event, BMW will also...

SA’s Treasury Plan to Boost GDP Calls for Faster Shift to Broadband Services

Mbelieves the state should leverage private-sector expertise in the broadband roll-out, rather than relying exclusively on state-owned companies (SOCs). This was contained in the economic...

Standard Bank Takes a R61 Million Bet on FinTech Firm Nomanini

Standard Bank has invested $4 million (R61 million) in South Africa's FinTech firm Nomanini. The investment has enabled the local bank to have an undisclosed...

Blue Label Telecoms Tries to Calm Market as Share Price Tanks

JSE-listed Blue Label Telecoms has tried to reassure the market after its share price plummeted by more than 7.43% to close at R2.74 a...