Author: Gugu Lourie

Telkom today unveiled the March Big Deal, which is data-packed and here to save you big bucks. The SmartBroadBand 20GB Wireless LTE SIM-Only March big deal offer with 80GB of data is available for R199 a month. The Telkom March Big Deal deal includes the following: 20GB Anytime data 20GB Night Surfer data Plus 20GB Anytime data 20GB extra Night Surfer data Huawei or D-Link router for an extra R70 Out of bundle rate for data: 30c per MB R99 Once-off activation fee Why the March Big Deal? Enjoy the convenience of connecting instantly, anywhere and at any time No landline…

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Convergence Partners, a leading tech investor in Africa, will buy 100% of Ctrack’s operations in Africa and the Middle East from Nasdaq-listed Inseego Corp for an undisclosed amount. The deal is funded through Convergence Partners Digital Infrastructure Fund (CPDIF), which is its maiden transaction. Ctrack is a telematics software-as-a-service digital infrastructure platform providing fleet management, insurance and weather telematics solutions and asset tracking solutions to its subscribers in Africa and the Middle East. The business’ IoT and data analytics capabilities are a vital component of an emerging sector in Africa. They are a good fit with CPDIF’s strategy of identifying…

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South Africa’s Imperial Logistics announced it has acquired an e-commerce solutions company Parcel Ninja for an undisclosed amount. The JSE-listed firm said on Tuesday Parcel Ninja acquisition will provide specialised warehousing and distribution management in e-commerce, direct to consumers and to informal markets. Parcelninja is a specialised warehousing and distribution management business that offers a full suite of warehousing and fulfilment services to South African online shops. Started in 2013 by Justin Drennan, Ryan Drennan, and Terence Murphy, we launched our first commercial services in October 2014. Its three founders are experienced entrepreneurs, starting WantItAll, helping grow Superbalist, which was sold to…

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Patrice Motsepe’s TymeBank has attracted foreign investment of more than R1.6 billion from investors in the UK and Philippines. The digital bank said the new investors are UK-based Apis Growth Fund II, a private equity fund managed by Apis Partners, and the JG Summit, which is one of the largest and renowned conglomerates in the Philippines and owned by the Gokongwei family. The company said both these investors are experienced in financial services in emerging markets. African Rainbow Capital (ARC) has made an additional investment to ensure it maintains its position as anchor shareholder in Tyme. Following the completion of…

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The U.S. Federal Communications Commission (FCC) on Monday announced a proposal to use $3.2 billion in emergency funds to subsidize broadband service for millions of households. The aim is to assist families struggling to pay for internet service during the pandemic. If approved, the Emergency Broadband Benefit Program could provide $50 a month to millions of households, and more in tribal lands. The FCC is an independent agency of the United States government that regulates communications by radio, television, wire, satellite, and cable across the U.S. The acting chairwoman of FCC, Jessica Rosenworcel, announced that under the proposal, qualifying households…

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Netflix today launched a new feature called “Downloads For You”, which will automatically download recommended shows or movies to your mobile device based on your tastes. The feature is being rolled out globally starting today and soon will start testing on iOS. Three years ago, Netflix introduced Smart Downloads so you can find the next episode of your favourite show – even when you’re on the go. Now, we want to make discovering your next new favourite series or film quick and easy whether you’re connected or not, said Patrick Flemming, Netflix’s director of product innovation. “Today, we’re launching Downloads For You,…

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