Author: Staff Writer
NASDAQ and JSE-listed Lesaka Technologies subsidiaries Kazang and Connect were recognised as fintech innovators in South Africa’s bustling fintech universe at the recent Absa Commercial Payments Awards 2025. Cash Connect won the ‘Most Progressive Device Cash Solutions Provider’ category, with Kazang winning the ‘Most Disruptive Fintech Shaping Financial Inclusion Vision.’ Steven Heilbron, Head of M&A and Corporate Development at Lesaka, said, “We have always seen ourselves as innovators and disruptors with our holistic merchant solutions in both cash and digital, and to be recognised as such in both formal and informal market offerings is extremely encouraging.” Lesaka offers Southern Africa’s…
Growing numbers of South Africans are discovering that saving money in groups can work better than trying to do it alone, this is according to FNB recent stokvel data. Himal Parbhoo, CEO of FNB Retail Cash Investments says, “more people are joining stokvels to make savings, easier and safer. The bank has the data to support this assertion, with total inflows in its FNB Stokvel Accounts growing to R13.3 billion by December 2024, up 66% from the R8 billion that flowed into these accounts in December 2023.” The data further revealed that more people are also joining stokvels through FNB, with…
Disney+ is bringing the magic back to the quiz scene this May with the return of its much-loved Disney+ Quiz Nights, in collaboration with Quiz Nights SA. After the success of last year’s events, this year promises an even more exciting, expanded edition — with fresh Disney+ content, exciting prizes and more venues. The 2025 Disney+ Quiz Nights will run from 12-15 May for the public at participating venues across Gauteng, Western Cape and KwaZulu-Natal and will celebrate the latest and greatest (and so much more) exclusive content only found on Disney+, the home of Disney, Pixar, Marvel, Star Wars,…
Bolt, the global shared mobility platform, has launched a first-of-its-kind dash cam partnership for driver partners nationwide in South Africa. The offer, provided in partnership with dash cam and safety technology provider Driver Technologies, allows Bolt driver partners to turn their mobile phones into a forward-facing exterior and driver-facing interior dash camera, with videos backed up in the cloud. Bolt driver partners will receive a free month of the premium dash cam app and then be able to access the premium app at a 75% discounted rate for R54,99 per month, which enables unlimited trip storage, access, and sharing capabilities…
The Unemployment Insurance Fund (UIF) is embroiled in an R800 million funding scandal after approving a contentious bailout for Siyanda-Bakgatla Platinum Mine (SBM), despite internal reports questioning the mine’s financial distress claims. The Sunday Times reported that Labour Minister Nomakhosazana Meth has halted the deal, demanding an investigation into the controversial decision. Dubious Bailout: Jobs Saved or Shareholder Gains? The UIF had agreed to provide R807 million to save 5,702 jobs at SBM’s Limpopo mine, later revised to R736 million for 5,200 workers. However, leaked documents reveal the fund’s own analysts flagged that SBM was not in financial trouble. “Acting in the best interest of workers, and as the custodian of the workers’ funds,…
A fiery ANC caucus meeting has exposed deep divisions over the party’s alliance with the DA in the Government of National Unity (GNU), with over 100 MPs demanding an immediate breakup, according to Sunday Times sources. Frustrated ANC legislators confronted Secretary-General Fikile Mbalula at a tense Johannesburg meeting, slamming the DA’s repeated challenges to key policies—including the budget and employment equity laws—as proof of bad faith. “They’ve Defined Themselves Out of GNU” – Ramaphosa MPs cited President Cyril Ramaphosa’s recent remarks that the DA, by rejecting two budget versions, had “defined itself out of the GNU.” One insider fumed: “They take NHI to court, fight Bela, block…
South Africa is set to invest R60 billion in its nuclear build programme, including the acquisition of mini nuclear reactors, as the government pushes forward with its energy transition plans. Electricity and Energy Minister Kgosientsho Ramokgopa confirmed the move, stating that the country will seek expertise from global leaders in nuclear technology, including Russia and China. Nuclear Power Now Official Policy Ramokgopa told Sunday Times’ Business Times that nuclear energy is now a key government policy, following the successful 20-year extension of Koeberg’s Unit 1—adding to its 40 years of safe operation. *“That we have been able to successfully get long-term operation extension of Koeberg’s unit 1…
The .za Domain Name Authority (.zadna), in partnership with the Department of Communications and Digital Technologies (DCDT) and the South African Internet Governance multistakeholder committee, will host the 2025 South African Internet Governance Forum (ZAIGF) from 7 to 8 May 2025 at the Durban University of Technology in KwaZulu-Natal. zadna is a not-for-profit company established in terms of section 59 of the Electronic Communications and Transaction Act, 2002 (Act 25 of 2002). Its mandate is to regulate the .za namespace and ensure its efficient use, management, and administration. Under the theme “Reviewing South Africa’s Internet Governance Progress in the Context…
Openserve, South Africa’s leading wholesale connectivity provider and a Telkom Group company, is proud to demonstrate the strength and scalability of its network infrastructure with a live showcase of Gigabit-speed fibre at Comic Con Africa 2025 in Cape Town. As part of the Telkom VS Gaming arena, one of the event’s most high-energy zones, Openserve is powering seamless, ultra-fast connectivity for high-stakes gaming competitions, delivering speeds of up to 1000Mbps and showcasing the low-latency performance critical to competitive play. This demonstration highlights not only Openserve’s technical capabilities, but also the future-ready infrastructure that supports South Africa’s evolving digital needs across…
Airports Company South Africa (ACSA) today announced that several of its major airports have received the Airports Council International (ACI) Public Health and Safety Readiness accreditation for the 2024/25 financial period. This prestigious recognition evaluates airports’ compliance with global public health and safety standards, ensuring they are prepared to implement industry-leading measures in times of uncertainty. As vital transport hubs, airports face high risks from transmissible diseases, making comprehensive health protocols essential. In early 2024, ACSA introduced a structured framework to guide its airports through the accreditation process, supporting its long-term goal of having all facilities accredited by 2028/29. The…