Browsing: Finance

Divest, the African-founded crypto offramp platform that’s redefining how people turn crypto into cash, is officially launching in South Africa.…

Embattled Road Accident Fund (RAF) CEO Collins Letsoalo allegedly spent over R10 million in public funds on his security detail,…

Lesaka Technologies (Nasdaq: LSAK; JSE: LSK) has announced a definitive agreement to acquire 100% of Bank Zero, a South African…

TransUnion today announced a minority investment and broader strategic partnership with Omnisient, a South Africa-founded FinTech operating internationally that offers…

There’s a certain clumsiness to how we still pay for things. You’re standing in line, juggling your phone, your wallet,…

Naspers, a global consumer internet group and one of the world’s largest technology investors, remains well-positioned to thrive in an…

Wetility. South Africa’s fastest-growing solar-as-a-service provider, has successfully secured a R500 million structured capital partnership with Jaltech, a leading funder of solar…

MultiChoice is testing weekly subscription plans in Uganda, aiming to ease financial pressure on customers struggling with monthly payments. If…

 WeThinkCode_, a leading South African tech academy, has been awarded $2 million in funding from Google.org. This grant will enable…

Telkom has brought cheer to its investors by declaring dividends for the first time in four years, with a total…

Telkom Group today announced the appointment of Beauty Apleni as Chief Executive Officer of Openserve, South Africa’s leading provider of…

Following a successful first round in October 2024, Collective X has committed an additional R50 million to invest in digital…

For nearly three decades, South Africa’s Black Economic Empowerment (BEE) policy has been anchored on the premise that transferring 30%…

The State Information Technology Agency (SITA) has pledged full cooperation with the Special Investigating Unit (SIU) following President Cyril Ramaphosa’s…

ButtaNutt, a South African plant-based dairy alternatives provider, has secured a 54% equity investment from PSG Group. The transaction, effective May 2025, represents…

Eskom has issued an Invitation To Tender for the construction of a pilot renewable green hydrogen facility (RHF) at its Research, Testing…

The Competition Commission (“Commission”) has recommended that the Competition Tribunal (“Tribunal”) approves the proposed transaction whereby Groupe Canal+ SAS (“Canal+”)…

Vodacom Group is actively pursuing fibre joint ventures (JVs) across its African markets while maintaining its FinTech business as a core operation, with…

Vodacom Group has announced plans to invest over R20 billion in capital expenditure (capex) in the coming financial year, reinforcing its commitment…

Amid rising criticism, Higher Education and Training Minister Dr. Nobuhle Nkabane has reversed the appointment of the Chairpersons of the…

Open letter  THIS IS UNFAIR.  The #PleaseCallMe case illustrates how financial influence can be used to hinder, direct, disregard, and…

The Constitutional Court has yet to deliver judgment in the high-stakes Please Call Me case between Nkosana Makate and Vodacom, a subsidiary…

Investec, the JSE- and LSE-listed private banking group, has lodged an application with South Africa’s National Energy Regulator (NERSA) for…

The Ford Ranger maintains the top spot, but a surge in sales for fuel-efficient hatchbacks signals a continued shift towards…

Eskom has confirmed it will implement Stage 2 loadshedding daily from 16:00 to 22:00 until Thursday, 15 May 2025, citing generation shortages and delayed unit…