Author: Staff Writer

KPMG in South Africa today announced the appointment of Joelene Pierce as the new CEO of the firm in South Africa, effective 1 March 2026. The appointment is made as a result of current CEO Ignatius Sehoole’s imminent retirement, which will take place on 1 March 2026. Partners of the firm voted for the appointment on the 31st of July 2025, signaling not only the strength of expertise that Pierce brings to the firm, but also that the newly elected CEO offers unparalleled expertise in both leading the business, as well as understanding the unique and dynamic nature of the client…

South Africa’s leading crypto platform* Luno has launched tokenised stocks and ETFs, offering South Africans easy access to 61 of the world’s most valuable US-listed companies and indices (44 available today, with the remainder launching shortly). Users can invest directly using rands through the Luno app without transferring funds offshore, having to use a complicated exchange, or waiting for US trading hours.  Luno customers can invest in the largest listed global equities like Apple, Amazon, Google, Intel and the S&P 500 for as little as R20 with a simple buy or sell action.  “Until now, access to global financial markets has been…

The term “conspicuous consumption” has been around for decades, but it gained particular traction in the late 1980s and early 1990s, an era when greed was good, the stock market was booming, and yuppies were snapping up BMWs and Porsches in droves. While trends have evolved rapidly since then, many still equate wealth with flashiness, a stereotype fuelled by celebrity culture and social media influencers. With flashy jewellery and Lime Green Lamborghinis dominating our feeds, classic good taste often seems like a thing of the past. But a new trend, quiet luxury, is making a comeback. It prioritises quality, sophistication and subtlety…

 Following its exciting unveiling at Annecy International Animation Festival last month, Marvel Animation’s “Eyes of Wakanda” will now be available for fans to enjoy on Disney+ earlier than anticipated. The all-new series, which features four episodes, will debut on 1 August, 2025. The new action-adventure series, which was produced in partnership with Proximity Media’s Zinzi Coogler, Sev Ohanian and Kalia King, follows the adventures of brave Wakandan warriors throughout history. View this post on Instagram A post shared by Disney+ (@disneyplusza) In this globe-trotting adventure, the heroes must carry-out dangerous missions to retrieve Vibranium artifacts from the enemies…

Altera Biosciences, Africa’s first dedicated cell and gene therapy biotech company, has announced the successful close of a groundbreaking R29 million pre-seed funding round. Led by founders Alexandra Miszewski and Professor Michael Pepper, this milestone positions Altera at the forefront of biotech innovation on the continent, with a mission to revolutionise healthcare through the development of a universal donor cell platform. The investment, secured from prominent venture capital firms including OneBio Venture Studio, and E Squared Investments, marks a turning point for Africa’s biotech industry. Their pioneering work on universal donor cells holds transformative potential for global healthcare, with the…

admyt, South Africa’s ticketless parking company, today announced the acquisition of SHôPING, an in-mall engagement platform, from Attacq – the developer of Waterfall City,and owner of Mall of Africa. This marks a significant step in admyt’s vision to create a seamless shopping experience that connects digital convenience with real-world retail environments. As part of this transition, SHôPING will be rebranded to mallpass and its functionality expanded to add more value to shoppers, retailers and landlords. mallpass will be a mobile-first platform offering features such as, digital vouchering, loyalty, navigation and personalised shopping experiences to malls across South Africa. Driving this…

Following the launch of the all-electric EX90 seven-seater, Volvo Car South Africa (VCSA) is reiterating its commitment to the local market with the announcement of four electrified vehicles, set to arrive over the coming months. Under the leadership of newly appointed Managing Director Grant Locke, VCSA is accelerating its electrification plans locally while reaffirming that South Africa remains a key part of its global vision. “Our focus is clear: we are committed to offering South African motorists more choice as they make the transition to electric driving,” says Grant Locke, Managing Director of VCSA. “These new vehicles, paired with our ongoing investment in…

AI Campus is on the move, and this Saturday, 26th July, we’re bringing Orcaa.ai to the learners of Tembisa and surrounding schools as part of a vibrant Career Expo, hosted at Tembisa High School in collaboration with Champions Drive. This activation is focused on equipping Grade 9 to 12 learners with fresh insights into future careers, personal growth, and the power of AI in learning. For AI Campus, it’s another step in our commitment to bring technology to the people, especially where it matters most. What We’re Bringing to Tembisa This isn’t just a presentation, it’s a full learning experience. We’ll…

With the new and fully electric ES90, which starts production later this summer and is produced with climate-neutral energy, Volvo Cars launches a car designed with sustainability in mind. This is reflected by the new Life Cycle Assessment (LCA) report for the ES90, which describes which materials and processes contribute to the car’s carbon footprint over its life cycle. The total carbon footprint of the ES90 is 31 tonnes when using a European energy mix to charge it. When using wind energy to charge the ES90, that figure falls to 26 tonnes. With a European energy mix, the ES90’s footprint…

The South African Competition Tribunal has approved the Proposed Transaction by CANAL+ to buy MultiChoice Group, subject to agreed conditions which include the implementation of the structure announced on 4 February 2025. As previously disclosed, the agreed conditions include a robust proposal of guaranteed public interest commitments proposed by CANAL+ and MutltiChoice. The package supports the participation of firms controlled by Historically Disadvantaged Persons (HDPs) and Small, Micro and Medium Enterprises (SMME”) in the audio-visual industry in South Africa. This proposal will maintain funding for local South African general entertainment and sports content, providing local content creators with a strong…