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Yellow Card, one of the largest licensed stablecoin-based infrastructures with capabilities spanning 34 countries, with a network spanning Africa, and other key global markets, has appointed Maria Oldham as its new Chief Operating Officer (COO). A global executive with two decades of experience across finance, payments, and technology, Oldham joins Yellow Card to help scale the company’s next stage of growth as it expands its pan-African infrastructure for stablecoin-based payments and international money movement to South East Asia, Latin America, and the Middle East. “Over the past two decades, I have witnessed first-hand multiple waves of disruption in the payments…
African Countries Urged To Push Quality Economic Growth By Seizing The Opportunities Of AI Development
Cape Town, 10 November 2025 – African ministers and ICT leaders have endorsed a continent-wide push to build shared artificial intelligence (AI) infrastructure, following a ministerial forum co-hosted by South Africa’s Department of Communications and Digital Technologies (DCDT) and the African Telecommunications Union (ATU) on the side-lines of AfricaCom in Cape Town. The forum called for coordinated investment in sovereign computing power, local-language models and AI skills so that economic gains from AI are created in Africa and for Africa. Building on the African Union’s Continental AI Strategy, the AU’s framework to guide member states on AI policy, skills and infrastructure…
Choice of mild hybrid (B5) or plug-in hybrid (T8) powertrains, with up to 81 km of pure electric range and fuel consumption as low as 1.8L/100 km. Updated exterior styling, premium cabin finishes, and enhanced comfort features, including advanced air purification. New 11.2-inch Google-powered infotainment with Snapdragon Cockpit Platform, premium audio options, and comprehensive safety systems as standard. Volvo Car South Africa (VCSA) today introduced the new XC60 to the local market. With refreshed styling, an advanced user experience, updated design details, and enhanced comfort, the automaker’s best-selling model has received upgrades that bring it in line with Volvo’s growing…
The Drinks Federation of South Africa (DF-SA) commends the Minister of Finance’s unequivocal identification of the illicit alcohol trade as a critical threat to South Africa’s economy in his mid-term budget speech. “South Africa faces a problem of illicit trade that threatens our economy, endangers consumers, and robs the fiscus of billions in revenue,” the Minister stated. “The growing markets for illicit cigarettes and alcohol pose serious risks to public health and undermine legitimate businesses.” This declaration aligns with the stark findings of our sector. According to an independent 2025 study by Euromonitor International, commissioned by DF-SA, as of 2024,…
The inaugural edition of the Africa Stablecoin Summit 2025, powered by Binance, the world’s largest cryptocurrency exchange by trading volume and registered users, and supported by Tether, the largest company in the digital asset industry, VISA, and Telcoin, successfully brought togethermore than 300 high-level leaders from across Africa and beyond to explore how stablecoins can strengthen the continent’s financial systems, trade, and economic resilience ahead of the all important G-20 Summit. Larry Cooke, Africa Head of Legal, Binance, said; “Stablecoins are more than a technological innovation—they are a pathway to inclusive, cross-border financial systems that can empower businesses and individuals…
Vodacom has unveiled its new Black Friday deals, aimed at delivering extra value to customers, with up to 70% off many deals this Black November. The deals are aimed at making affordability accessible, with massive discounts across a wide range of products and services, accessories and so much more. “Our research shows that customers are constantly looking for ways to stretch their wallets, particularly at time when the cost of living is so high. As a brand, we recognise that every rand counts, which is why we regularly introduce affordable propositions to help customers ease the burden,” says Rashid Tar-Mahomed,…
Super Money SA (Pty) Ltd today announced the launch of ZAR Supercoin, a new stablecoin purpose-built for South Africa and the wider African market. ZAR Supercoin combines the speed and accessibility of blockchain technology with the trust and oversight of regulated finance. Licensed by the Financial Sector Conduct Authority (FSCA) and fully backed by rand reserves held in segregated accounts at ABSA Group Ltd, a Tier 1 South African bank, ZAR Supercoin allows users to hold, send, and redeem digital rands instantly and securely. Each ZAR Supercoin is redeemable 1:1 for the South African rand through approved channels. Super Money…
Vodacom Group announces a pivotal agreement with Starlink, the world’s largest satellite broadband provider, to deliver high-speed, low-latency broadband internet to millions of businesses across Africa and to expand rural network coverage. This collaboration marks a crucial step in bridging the digital divide and unlocking new opportunities for economic growth, education, and innovation across Africa. Transformative Impact Connecting the Unconnected: Integrating Starlink’s satellite backhaul into Vodacom’s mobile network will accelerate network coverage expansion while increasing network performance in rural areas. The collaboration will deliver robust connectivity to remote schools, health centres, and communities, empowering millions with access to digital services…
Barloworld Equipment is sharpening its competitive edge in the rapidly evolving yellow parts & component market, unveiling a series of operational upgrades, training initiatives, and strategic shifts that position its Barloworld Rebuild Centre (BRC) as a future-ready hub for high-precision component rebuilding. “We’ve commissioned new machining technology and smart tooling systems at the BRC, alongside innovative process changes such as the cylinder heads flow cells & warehouse-onwheels concept. The warehouse project ensures all required parts are prepared and secured in mobile storage before work begins, cutting downtime and boosting efficiency,” says Kamogelo Mmutlana, Executive Head: Business Excellence at Barloworld Equipment.…
The South African Reserve Bank (SARB), in collaboration with the Bank for International Settlements (BIS), today announced the winners of the 2025 G20 TechSprint challenge on trust and integrity in scalable and open finance. Hosted under South Africa’s G20 Presidency, the 2025 G20 TechSprint marks the first time the global innovation initiative has taken place on African soil. The competition sought to identify practical, technology-driven solutions to enhance trust, integrity and inclusion in the global financial system. The G20 TechSprint is a joint initiative between the G20 Presidency and the BIS Innovation Hub, designed to harness innovation in addressing challenges…
