Author: Staff Writer

South African-founded venture builder The Delta has placed the African venture building on the map with participation in R490 million seed investment and international expansion. Founded in South Africa in 2018, The Delta is a venture builder with huge plans to become a world-class partner to startups and scale-ups, while also bringing more investment into Africa. After spending several years working with local founders and providing validation, design, development, and growth expertise to their startups, The Delta made a big international push in 2021, and now have offices in The UK, Spain, Switzerland, and Germany (their new HQ). This has…

The Sygnia Itrix New China Sectors exchange traded fund (ETF) has been approved for a secondary listing on A2X Markets. Sygnia’s newest ETF will be available for trade on A2X from 29 April 2022. The Itrix New China Sectors ETF joins 13 other Sygnia Itrix ETFs already listed on A2X. Sygnia is the largest international equity ETF provider in South Africa and offers investors the widest range of ETFs that track international equity markets. The objective of the Sygnia Itrix New China Sectors ETF is to provide an investment vehicle that gives easy access to investors who want to achieve…

A new era begins for Lexus Battery EVs and the Lexus Electrified vision The all-new RZ brings a unique Lexus driving experience based on the Lexus Electrified vision. Using a new all-wheel drive system called DIRECT4 RZ offers drivers a refined, human-centred driving experience. Lexus has unveiled the details of the new “RZ”, the luxury brand’s first globally available pure Battery EV (BEV) model. Since the launch of the RX400h in 2005, Lexus has been a pioneer of electrification within the luxury market. As with the first RX hybrid model, our engineers have imbued our hybrid vehicles with an excellent…

BMW is leading the luxury segment into a new era that will be shaped by innovations in the fields of sustainability and digitalisation. With the new BMW 7 Series, the world’s most successful manufacturer of premium vehicles is creating forward-looking ways to enjoy driving pleasure, unsurpassed long-distance comfort and a top-end digital experience. Central to this reinterpretation is the BMW i7. The all-electric luxury sedan is a fully integrated member of the model family and clearly demonstrates how an exclusive driving experience and the ultimate feeling of on-board wellbeing can be combined with an unwavering commitment to sustainability. In addition…

Nedbank has announced the launch of the new Nedbank American Express Platinum Card in South Africa. Both new and existing Nedbank American Express Platinum Card Members can now enjoy an extensive range of enhanced lifestyle, travel and service benefits and a sleek metal card. The new Platinum Card benefits include exclusive dining discounts of up to 20% at 30 premium restaurants across the country, 30% off at aha Hotels & Lodges, a range of discount offers of up to 50% off from home décor, food, liquor and beauty services providers, and up to R500 back annually in statement credits when…

Volvo Cars has made an investment in StoreDot, an Israeli company developing extreme-fast charging battery technology for electric cars, through the Volvo Cars Tech Fund, its venture capital arm. StoreDot is working on a pioneering technology that, according to the company, should result in batteries that can charge to 160km of pure electric range in just five minutes. The investment gives Volvo Cars the opportunity to collaborate closely with StoreDot on exciting new battery technology, as it aims to become a pure electric car company by 2030. By working together with Volvo Cars, StoreDot aims to accelerate the time to…

Today, for the first time, fans can register their interest to subscribe to Disney+ in South Africa, to take advantage of an exclusive introductory offer of R950. The offer means fans can enjoy 12 months of Disney+ for the price of 8. The streaming service will launch in South Africa on 18 May 2022. Standard pricing at launch is confirmed at R119 per month, or R1190 for an annual subscription. Subscribers will have access to Star Wars’ “The Book of Boba Fett” and “The Mandalorian” from executive producer and writer Jon Favreau and, from 27 May, the highly anticipated “Obi-Wan…

While there has been headway toward greater workplace diversity in recent years, there is still much more work to be done. In all businesses, there is undeniably a gender divide, and one of these historically male-dominated industries is technology. In fact, according to a PwC report, women presently hold only 19% of tech-related roles at the world’s top ten technology corporations, compared to men who hold 81 percent. Women have 28% of leadership roles at major worldwide technology organisations, while men hold 72%. Additionally, the report asserts that South Africa might achieve greater economic development by narrowing the gender gap…

In the post-COVID-19 environment, access to digital devices and the internet has become a must-have for school assignments, healthcare, communicating with friends and family, finding a job, or starting a business. Yet many South African families remain unconnected and are thus excluded from the opportunities that connectivity provides. According to The State of ICT in South Africa report, most South Africans cannot afford to connect online due to data costs, and lack of internet-enabled devices. Data costs in South Africa are notoriously high when compared to other emerging markets, with research showing that SA’s data costs are about six times…

Bosch and Amazon Web Services (AWS) aim to improve efficiency and sustainability in the transportation and logistics industry. Their plan is to offer logistics companies and freight forwarders across the globe quick and easy access to digital services through a platform powered by AWS. Going forward, they will offer support for topics ranging from capacity utilisation of commercial vehicle fleets to monitoring goods flows to order processing – all from a single source. To this end, Bosch and AWS have now entered a strategic collaboration. Bosch will be responsible for developing and operating the logistics platform, the core of which…