Author: Gugu Lourie

Jungfrau A. Bietschhorn This region is a magnificent area with high mountain ranges, glaciers and is actually the most glaciated part of the European Alps. Visiting this area can be done relatively easy by car and if you want to go up, by train up to 3,400 metres above sea level, the highest train ride in Europe, the Jungfrau Railway is very impressive (and expensive!). The area is on the UNESCO World Heritage list because of its unique and wide range of flora and fauna and geological importance regarding the creating of the High Alps.

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To understand the new smart monitors and other pro devices of tech health, we should look to Silicon Valley and the quantified movement of the latest generation. Apple’s Watch records exercise, tracks our moves throughout the day, assesses the amount of time we are stood up and reminds us to get up and move around if we have been sat for too long – let’s not forget Tim Cook’s “sitting is the new factor” line. Routinely evaluating your risk factors for various medical conditions, screening for cancer and other diseases, and assessing your lifestyle habits helps you stay healthy. It’s…

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TELKOMhas unveiled the October Big Deal, which is for you if connecting on the move is your vibe. Take monate with you whether you’re hustling, watching your favourite shows or entertaining your guests with a VIP playlist from Telkom Music. You can connect up to 64 devices at a time and bring monate to every space you’re in with the Huawei B535. Furthermore, seamlessly create a hotspot, no cables or installation required – just a fast connection to enjoy. The SmartBroadBand 40GB Wireless LTE SIM-Only deal offer with 80GB of data is available for R269 a month. The Telkom October Big Deal…

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CAPITECBank, South Africa’s biggest digital bank, revealed that active digital users of the banking app, USSD channel, the internet or a combination of digital channels increased by 22% for the six months ended 31 August 2021. “Active digital users of the banking app, USSD channel, the internet or a combination of digital channels increased from 7.3 million at the end of August 2020 to 8.9 million at the end of August 2021, an increase of 22% (February 2021: 8.6 million),” Capitec said in a statement. As at the end of August 2021, there were 6 million active banking app users…

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Swypa Delivery, a food delivery service born in the South African township of Tembisa in 2019, grew its fleet of four delivery scooters to 15 as it benefits from online shopping. The company has also benefited from the financial backing of the MultiChoice Innovation Fund. MultiChoice is partnering with South African entrepreneurs to build sustainable businesses is through the MultiChoice Innovation Fund – which links black majority-owned start-ups and small businesses in the technology, e-commerce, digital content, film and media space to the funding and support they need to become industry leaders and create jobs. MultiChoice partnered with 10 Small…

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French broadcasting giant Group Canal+ has increased its shareholding to 15.37% in MultiChoice, Africa’s largest pay-TV operator. MultiChoice disclosed today that Group Canal+, which is owned by French media conglomerate Vivendi, has acquired an additional interest in the ordinary shares of the company, such that the total interest in the ordinary shares of the Company held by Group Canal now amounts to 15.37%. “As a publicly held company, MultiChoice regularly engages with its strategic partners and maintains an open dialogue with the investment community. The Group’s policy is not to comment on its individual shareholders nor on its interactions with…

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MTN Group affiliate and Africa’s biggest tower operator, IHS Towers, seeks New York Stock Exchange listing. MTN said in a statement that its affiliate – IHS Towers – is pursuing a potential registered initial public offering (IPO) in the United States. MTN owns 29% stake in IHS Towers, and the remainder is held by French investment firm Wendel SA and Goldman Sachs & Co. IHS Holding Limited (IHS Towers) has on 16 September 2021, in the U.S., filed a Form F-1 registration statement with the U.S. Securities and Exchange Commission relating to a potential IPO on the New York Stock…

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African Rainbow Capital announced on Tuesday that it is selling its shareholding in South Africa’s Fibre-To-The-Home (FTTH) and Fibre-To-The-Business (FTTB)provider  MetroFibre Networx “The ARC Fund has reached an agreement to dispose of its entire investment in MetroFibre, pending regulatory approval,” African Rainbow Capital informed investors on Tuesday. The company, which launched in 2010, is a high-growth player in South Africa’s FFTTH and FTTB markets. Over the last 10 years, MetroFibre has expanded its service offering to both residential and corporate customers in line with its strategic objective of being a diversified operator. The company is an internet infrastructure company that…

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TYMEBANK, one of South Africa’s digital banks, has attracted 3.45 million customers as of 30 June 2021. The digital bank owned by billionaire Patrice Motsepe was launched in February 2019. The bank has no monthly banking fees and in most cases, transaction costs are 30 to 50% lower than what customers would pay at other banks. TymeBank is a digital bank that leverages the use of digital technology to make banking simple and affordable. The bank is focused on acquiring customers who want to benefit from lower banking costs as well as improved customer experience. The business managed to achieve its revenue…

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Karooooo, the owner of Cartrack, has acquired the South African-based on-demand logistics provider Picup Technologies for R70 million. The company has acquired 70.1% of Picup Technologies. Founded in South Africa in 2014 – after its founder had a disaster of an experience with a Black Friday delivery, which sparked the famous light-bulb moment: “Logistics needs better tech!”. The vision was to develop technology that would improve efficiencies and reduce transportation costs for shippers and transporters through a single logistics platform connected to a marketplace of verified crowd-sourced drivers across Africa. Uniquely positioned in the on-line delivery operational management software industry,…

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