Author: Staff Writer
MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab. The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community. The new identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with open next-gen digital solutions through its two distinct businesses, Bayobab Fibre and Bayobab Communication Platforms. “Building the largest and most valuable platforms is part of our Ambition 2025 strategic priorities,” MTN Group CEO Ralph Mupita said. “The…
Born-in-SA insurtech platform Root has expanded into the UK and is enjoying promising growth in a receptive market. Root COO Charlotte Koep says the company’s first foray into global markets is proving encouraging “There is a real appetite across the UK insurance market for a platform like ours, which offers both the technical flexibility to support a myriad of product edge-cases and access to modern, accessible and embedded distribution possibilities – and at pace. “We’re establishing the business in the UK and building strong distribution partnerships. We find big organisations and we help them add value and create value –…
M-KOPA, an African Fintech platform that provides digital financial services to underbanked consumers, has secured $20 million in new funding. Since its inception in 2011, M-KOPA has provided over $1 billion in credit to more than 3 million customers, thereby avoiding 2.2 million tonnes of carbon emissions through clean energy products and allowing almost 2 million individuals to access high quality smartphones, positively impacting over 5.5 million lives on the continent. Having well-defined growth ambitions, M-KOPA has entrusted Standard Bank Group (through its subsidiaries, Stanbic Bank Kenya and Stanbic Bank Uganda) to act as mandated lead arrangers for two…
South African fintech specialist, e4, today announced its acquisition by a consortium of private equity investors, led by an independent private equity fund manager, Infinite Partners. The transaction will see e4 obtain the necessary capital for advancing to the next stage of its expansion. e4 is a technology company that provides custom, innovative solutions and services, including software development and business automation. With a focus on software as a service (SaaS), e4 leverages its technology expertise to completely transform customer processes, positioning itself as a pioneer of digitalisation in South Africa. For over 20 years, e4 has been building on…
Newly launched Zarcare, an online healthcare platform, wants to provide patients with convenient access to top-notch healthcare services from the comfort of their own homes. Designed to help patients save time, money, and the hassle of in-person medical visits for non-emergency needs, this online healthcare platform offers the added convenience of online access to prescriptions, medical reports, and patient history. “It’s high time we remove the bandage from an unequal healthcare system in South Africa that isn’t adequately equipped to cater to every patient,” says Annie Gwerengwe, Managing Director of Zarcare. “We are on a mission to revolutionise the healthcare…
Woolworths, in partnership with DSV and Everlectric, is the first South African retailer to embark on an extensive rollout of electric panel vans (EVs) to deliver their customers’ online purchases. This move is part of the company’s commitment to reducing its carbon footprint and promoting sustainability in the retail industry. “Last year we announced our commitment to electric delivery vehicles, and we are delighted to now have nearly half our fleet powered by the sun. The new electric vehicles have been introduced on selected routes in Cape Town and Gauteng with further rollouts and extensions into KwaZulu Natal planned to…
Cabinet is calling on all mining houses to register their tailing dams or mine residue deposit dams on the Department of Water and Sanitation database in order to ensure compliance with dam safety regulations. The Deputy President, Paul Mashatile, conducted an oversight visit in Jagersfontein, Kopanong Local Municipality in the Xhariep District of the Free State. The Deputy President focused on the efficient and equitable supply of water and resettlement of community members who were affected by the Jagersfontein Development Project Dam collapse, causing one death and injuring scores of people. In a Cabinet statement released on Thursday, Minister in…
Ukheshe has announced details of the brand evolution of Masterpass to Scan to Pay. Scan to Pay will continue to provide seamless instant payment technology to banks, merchants, PSPs and consumers that add to the ever-evolving cashless commerce and digital payments landscape. Scan to Pay enables seamless QR code transactions between merchants and consumers. Merchants benefit from effortlessly creating and managing static or dynamic QR codes to receive payments, while consumers enjoy the convenience, safety, and security of making payments using their mobile devices, without the need for cash or physical cards. Scan to Pay, Powered by Ukheshe is now…
ORT SA welcomed teachers from the Mbongeni Mgugudu Secondary School in Tsakane last week for the launch of the Coding and Robotics Tablet project in partnership with Astron Energy. Currently in its third year of implementation, the Coding and Robotics programme is part of ORT SA’s initiative to take ICT and STEM skills to schools and communities through a coding programme that brings these 21st-century skills to learners eager to absorb need-to-know tech knowledge at school and beyond. The committed teachers from the Mbongeni Mgugudu Secondary School demonstrate a high level of engagement and approach their tasks with professionalism. The…
SAS, the leader in analytics, will invest $1 billion over the next three years to further develop advanced analytics solutions targeted at the unique needs of specific industries. In banking, government, insurance, healthcare, retail, manufacturing, energy and more, SAS will build upon its decades long focus on providing tailored solutions to industry challenges. This industry commitment and the rapid time-to-value these solutions deliver are key SAS differentiators. All industry solutions will run on SAS® Viya®, SAS’ cloud-native, massively parallel AI and analytics platform. “Businesses face many challenges, from the threat of economic recession and stressed supply chains to workforce shortages…