Author: Staff Writer

IoT.nxt, specialist Internet of Things (IoT) solutions provider and subsidiary of the Vodacom Group, appointed Vasin Govender as its Group CEO, effective 1 June 2022. Govender will take over the reins from Shane Cooper, who served as acting CEO since March 2021. “Vasin was appointed after an extensive executive search as we were looking for an individual who can accelerate IoT.nxt’s tech adoption around the globe. We have projects running in multiple countries in diverse industries but have only scratched the surface of what IoT.nxt’s award-winning technology can deliver,” says Wayne Fitzjohn, Chairman of IoT.nxt and CEO of Investment Holding…

Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced a R40 million ($2.5 million) investment in LifeCheq, a FinTech platform empowering financial advisers to provide quality, holistic financial advice. The investment is part of Naspers’s R1.4 billion commitment to grow South Africa’s early-stage tech ecosystem and marks Naspers Foundry’s fifth fintech investment and eleventh tech transaction since its launch three years ago. LifeCheq plays a critical role in driving financial inclusion in South Africa by democratising access to financial advice – previously only accessible to high income earners. Accessible financial planning and advice are especially important during the current…

Vodacom subsidiary, Nexio today announced an exclusive strategic partnership with Poprush Cloud & Consulting, a differentiated cloud solutions provider. The partnership will further Nexio’s ambitions of becoming the leading cloud service provider in South Africa. With a deep understanding of the challenges of the modern cloud environment, Nexio assists organisations unlock the true value of their cloud investments. It offers complete migration and implementation services to modernise environments and optimise ecosystems. A properly managed multi-cloud architecture helps reduce time, cost, and risks of a company’s digital transformation, giving it the upper hand in a digital economy. Poprush Cloud & Computing…

4Sight’s Asset Simulation team, represented by its subsidiary Simulation Engineering Technologies (SET), has been chosen as one of two South African companies to run simulation projects at Australian Mining Company OZ Minerals’ Prominent Hill Mine. These projects are aimed at testing how simulation can help executives understand the impact of electrification on mine design and production, infrastructure and energy management. 4Sight’s Asset Simulation is now working to create a platform for developing and testing various layouts for the electrification of Prominent Hill’s mining operations. This Electric Mine Simulation crowd challenge was launched by the Electric Mine Consortium, which is made…

Viu South Africa has teamed up with Vodacom to offer customers Viu Premium subscription with Vodacom video data bundles. When signing up for Viu, subscribers will get the Viu Premium subscription plus mobile data at no additional cost, to easily binge-watch Viu content, creating a care-free experience on the go. Viu Daily Premium subscription starts from as little as R5 a day and is bundled with a free 250MB daily recurring video data bundle. The Viu Monthly Premium subscription is R69 per month and it comes with a free 3GB monthly recurring video data bundle. In addition, Viu Premium subscribers…

MTN Group today announced the appointment of Tumi Chamayou as Group Executive:  Enterprise Business Unit (GEBU), effective 1 June 2022. Tumi joined the GEBU team in 2018, as General Manager for Large Enterprise Sales, and has been Acting Executive for the function since July 2020, until now. During this time, she has added immense value, overseeing client segment teams as well as the overall strategy and operational alignment with EBU teams in MTN’s Opcos. Jens Schulte-Bockum, Group Chief Operating Executive said, “Tumi has the expertise and track record to assist in bolstering the leadership capability of MTN Group. Critical…

While every business, irrespective of size, is vulnerable to payment fraud worrying gaps in South African motor dealerships’ payment systems put the entire sector at risk. Ryan Mer, CEO at eftsure Africa,  a Know Your Payee™ (KYP) platform provider, says the most common thread in cases of fraud is the human element which can involve sophisticated fraudsters or unscrupulous employees. In either case, strengthening processes and protocols can mean the difference between being an easy target and stopping fraud in its tracks. Scenario 1: The external risk of a walk-in criminal A client wants to sell their car. They present…

SearchWorks has announced a relaunch of its brand identity. South Africa’s most innovative data aggregation platform says it has evolved its brand identity in a manner that pays homage to its roots as a data offering of e4, and now through impressive growth, become its own entity with an extensive list of unique offerings and capabilities. Established in 2012 the SearchWorks platform allows users to conduct live, accurate searches on individuals and companies and administer in-depth KYC checks online. The brand refresh is also a nod to the vibrant and ever-changing tech environment in which relevant products, services, and data…

JSE-listed retailer Pepkor, which owns household brands including PEP, Ackermans, Tekkie Town, The Building Company and Incredible Connection, delivered another strong set of interim results underpinned by a robust growth strategy. During the period under review, Pepkor also opened 144 new stores and completed its strategic acquisition of well-established Brazilian value retailer, Grupo Avenida, which currently operates 130 stores. The group generated R4.1 billion cash during the period. Like many other companies, Pepkor’s performance over the last two years has been deeply distorted by a myriad of interruptions and crises, such as COVID-19 related restrictions, loadshedding, on-going supply chain challenges,…

Attacq, the JSE-listed REIT and developers of the iconic Waterfall City precinct, announced the appointment of David Oosthuizen as Development Executive and Lourens Du Toit as Head of Sustainability, Infrastructure and Land. Both new appointments are as a result of internal promotions, an indication of the strength of the talent pipeline that has been built. Jackie van Niekerk, Attacq CEO, says, “Attacq has promoted two individuals who embody the characteristics, qualifications, and skills needed to carry out our broader corporate strategy. Promoting from within has allowed us to develop and retain core competencies. David and Lourens have an excellent understanding…