Author: Staff Writer

Zazu, pan-African digital banking platform built exclusively for entrepreneurs and SMEs, has raised $1 million in pre-seed funding from a group of leading African and European investors to accelerate its rollout in South Africa and Morocco, with plans to expand across the continent in 2026 The round includes Plug and Play Ventures with participation from a high-profile group of angel investors and fintech founders, including Zachariah George (Launch Africa Ventures), Axel Peyriere (Co-founder, AUTO24.africa), Akshay Patel (Founder, Paymentology), Ismael Belkhayat (Founder, Chari), Sophie Guibaud (Founder, Fiat Republic), and several founding members of European fintech unicorns like Qonto and Solarisbank -…

Visa, a global leader in digital payments, convened founders, investors, corporate partners, and industry leaders in Cape Town this week for the Visa Africa Fintech Accelerator programme Cohort 4 Demo Day. The event spotlighted 22 high‑growth fintech startups from across the continent, marking the culmination of an intensive three‑month journey to develop and scale innovative digital commerce solutions. Cohort 4 reflects the continued momentum of Africa’s fintech landscape and demonstrates the strength, diversity, and ambition of the region’s innovators. This year’s group includes startups headquartered in 12 African countries and operating across 31 markets. Women-led innovation stands out as a defining feature of…

In today’s fast-changing economy, logistics is no longer the quiet link between production and sales. It has become the defining factor in business agility, customer satisfaction, and long-term growth. The companies that master logistics don’t just move goods – they move faster, smarter, and more profitably than their competitors. The momentum behind this transformation is evident in South Africa’s logistics sector itself. According to Mordor Intelligence, the country’s freight and logistics market is estimated at USD 14.70 billion in 2025 and is expected to reach USD 19.90 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.24%…

, South Africa Leading law firm Adams & Adams, announces the launch of the SMARTAI IP Portal, a groundbreaking digital platform and advisory service designed to help businesses understand, assess, and address the risks posed by the AI revolution. “As artificial intelligence transforms industries at an unprecedented pace, businesses face new and complex risks, from intellectual property exposure to governance gaps. The SMARTAI IP Portal is the first of its kind, offering organisations a practical way to measure their AI readiness and take action” says Darren Olivier, Lead Partner in the AI IP advisory team. How the SMARTAI IP Portal…

South African Airways (SAA) confirms it has received an urgent Airworthiness Directive (AD) from Airbus concerning a mandatory software update for the A320 model aircraft. Safety remains SAA’s highest priority. In response, we have taken immediate and proactive measures to ensure full compliance with the directive, which mandates completion of the software installation by 23:59 UTC (Universal Coordinated Time) on Saturday, 29 November 2025. Currently, SAA does not anticipate any flight disruptions because of this compliance action. SAA Technical (SAAT) mobilised resources early this morning to initiate the required software installation. Despite the narrow compliance window, our teams are working efficiently…

Eskom has released the group’s unaudited interim financial statements for the six months ended 30 September 2025, which further demonstrate the continued execution of the turnaround plan leading to a recovery in operational and financial performance. “These unaudited interim results demonstrate that our annual results for FY2025 were not a once-off achievement and that our progress in turning around operational and financial performance, supported by government and stakeholder collaboration, is positioning Eskom for a sustainable future,” said Eskom’s Chairman, Mteto Nyati.. “When this Board took over in October 2022, we found an organisation in crisis. These results reflect how strong…

SwiftVEE, the largest online livestock trading platform in Africa, featured in Bloomberg’s inaugural 25 African Startups to Watch 2025, has completed its Series A funding round. The transaction brings some of the continent’s most accomplished investors onto swiftVEE’s Cap Table, including HAVAÍC, Old Mutual’s former CEO Iain Williamson and private equity firm EXEO Capital. They join swiftVEE’s current shareholders; fund managers Mike Kirsten and Carlo Dickson and private investment vehicle Zire Africa. Launched in South Africa in 2019 and credited as pioneers of online livestock trading in Africa, swiftVEE has become a Pan-African business trading in excess of $100m GMV…

Phuthuma Nathi, the MultiChoice South Africa’s broad-based black economic empowerment (BBBEE) share scheme, is calling on shareholders and families of deceased shareholders to come forward and claim dividends owed to them. Since 2020, Phuthuma Nathi has run an annual national campaign to locate shareholders with unclaimed dividends dating back to 2006. Thanks to these efforts, more than R125 million has already been paid out, but more than R270 million in dividends remain unclaimed. Phuthuma Nathi is committed to finding its shareholders and ensuring that they receive what is rightfully theirs. The most common reasons for unclaimed dividends include shareholders not…

Visa, a global leader in digital payments, and Tyme Group – the global digital banking group head-quartered in Singapore with over 20 million customers in South Africa and Southeast Asia, have announced a multi-year, multi-market deal aimed at accelerating financial inclusion and digital payment innovation across South Africa, the Philippines and Vietnam. “This multi-year, multi-market partnership reflects our shared ambition to accelerate digital adoption, broaden financial inclusion, and bring innovative, low-cost banking solutions to millions. Through enhanced card-issuance programmes, digital infrastructure support, and data-driven value-added services, Visa is proud to empower Tyme Group as they continue to scale across regions,”…

Cell C Holdings Limited (Cell C) today listed on the Johannesburg Stock Exchange (JSE) under the ticker CCD, marking a defining milestone in South Africa’s telecommunications landscape and opening a new chapter in the company’s journey. The listing closed at R26.50 per share, valuing the business at approximately R9 billion with 340 million ordinary shares in issue. The offer included 102 million sale shares, raising R2.7 billion for the selling shareholder, The Prepaid Company (TPC), a subsidiary of Blu Label Unlimited Group. The offer also included a further allocation of 54.2 million shares to Sisonke Growth Partners as part of TPC and Cell…