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Author: Staff Writer
Investec and Visa have renewed their strategic partnership for a further five years, reaffirming a relationship that has spanned more than 28 years and significantly contributed to payment innovation and premium client offerings in South Africa. This renewal, formalised at a recent signing ceremony in Johannesburg, aims to accelerate the development of best-in-class digital banking solutions and continue driving innovation in the affluent segment. By combining Investec’s deep expertise in Private Banking with Visa’s global leadership in digital payments, the partnership will deliver secure, seamless, and personalised financial experiences for clients. “Investec’s long-standing partnership with Visa is grounded in a…
As part of efforts to contribute to the development of an inclusive society and to bring women in underserved rural communities into the mainstream economy, Telkom is collaborating with the Embassy of Ireland and JP Morgan. The collaboration, through TelkomFutureMakers initiative, supports students from universities and colleges in underserved areas with resources and mentorship that enable them to turn their ideas into real business solutions. The I’M IN Women Pre-Accelerated Programme recognises the importance of inclusivity in the economy. A diversity of voices and skills in dealing with real world challenges ultimately builds resilience. “With wealth and income inequality still drawn across…
A new chapter in South Africa’s tech space has been written with the imminent launch of Skhokho 2.0, an all-in-one business management platform designed by entrepreneurs, for entrepreneurs. The brainchild of Bertha Kgokong, a chemical engineer turned self-taught software developer, the platform aims to formalise and scale South African small businesses. The platform’s name, “Skhokho”, a powerful slang term for “a boss” or “a top dog”, is a deliberate choice by Kgokong, a black woman who has navigated and overcome significant barriers in the tech industry. “I wanted an authentic South African name that would be instantly recognisable but also…
Yellow Card, a leading stablecoin payments infrastructure provider, has announced its major global expansion into key markets including Argentina, Brazil, Bangladesh, India, Mexico, Pakistan, and Colombia. The move is supported by the release of the company’s latest report, “Stablecoin Adoption In Emerging Markets.” Yellow Card is the largest licensed stablecoin-based infrastructure provider operating in 20 African countries and the emerging markets. Since launching our first product in Nigeria in 2019, we have generated volumes of almost $6 billion, 99% of which is attributable to stablecoins. The company employs over 200 individuals from 24 countries and has completed $85 million in equity…
Following impressive H1 2025 sales figures, OMODA & JAECOO South Africa are celebrating yet another month of record-breaking performance, with the Brand O&J lineup achieving its best-ever sales results since the Chinese premium marques entered the South African market. In July 2025, the marques recorded combined sales of 1,069 cars — 60 more units than the previous month — highlighting steady growth and rising demand for OMODA & JAECOO’s expanding and diverse lineup. The C5 remains the top seller, with 813 units delivered last month, followed by the JAECOO J7 with 170 units. The popular J7 range expanded in June with the introduction of…
As part of Eskom’s strategic objective to facilitate a competitive future energy industry, the company is transitioning its generation mix from predominantly coal to a blended portfolio with an increasing proportion of clean energy sources as we approach 2040. In line with this strategy, Eskom has launched its first Renewable Energy Offtake Programme by issuing a Request for Proposal (RFP), inviting large power users to procure 291MW of Solar Photovoltaic (PV) capacity through long-term Power Purchase Agreements (PPAs) from Eskom-owned renewable energy sites. “This is the next step in the focused execution of our strategy to integrate additional renewable energy into the grid, in…
In a country marked by stark economic disparities, South African women face unique challenges in achieving financial independence and security. The financial landscape, shaped by historical inequalities and ongoing societal barriers, often presents a complex maze for women to navigate. Despite progress, a significant gap in financial inclusion persists, hindering women’s ability to save, invest, and build wealth. The intricacies surrounding women’s financial empowerment in South Africa is complex, but solutions are within reach. This Women’s Month presents an opportunity to look critically at the challenges, but also to highlight remedies and simply to ensure a dynamic dialogue persists as…
McDonald’s South Africa hosted a powerful and inspiring panel discussion titled “Women in Conversation: The Power of Mentorship” at Hamburger University, the company’s leadership and training centre in Johannesburg. The event formed part of the McDonald’s Women in Leadership Network’s Women’s Month activities and coincided with the company’s 30-year presence in South Africa. It brought together leading voices from business and industry, alongside McDonald’s internal leaders, to explore how mentorship empowers women and shapes leadership journeys. Max Oliva, Chief Executive Office at McDonald’s South Africa, highlighted that 61% of McDonald’s total employees are women, 64% of restaurant managers are women,…
Telkom has embraced artificial intelligence (AI) as a cornerstone of its digital transformation strategy, driving operational efficiency, enhancing customer experiences, and opening up new growth opportunities, the company announced today. In the 2025 financial year, Telkom invested R46 million in research and innovation, aligning its AI initiatives with business strategy. The company’s commitment to innovation is reshaping its business model while positioning it as a leader in South Africa’s AI ecosystem. “AI enables us to optimise operations, personalise customer interactions, and foster talent development,” says Dr Mmaki Jantjies, Group Executive: Innovation and Transformation. “Our investments are strategic, ensuring long-term value…
The South African used car industry is growing from strength to strength, with the latest July 2025 numbers showing year-on-year (YoY) and month-on-month growth (MoM), reflecting the continued trend of renewed consumer confidence and a resilient used vehicle market. The top five best-selling used vehicles remain unchallenged by new contenders. However, the bottom half of the top 10 has shown several minor shifts, indicating a change in the mindset of South African used car buyers. Based on the latest sales data from AutoTrader, 33,919 used vehicles were sold in July 2025, representing YoY and MoM increases of +7% and +9.4%, respectively.…
