119 The Competition Commission has given the go-ahead for Lesaka Technologies to acquire digital financial services upstart Bank Zero in a R1.1-billion transaction. TechCentral reported in June that Lesaka had agreed to…
Category: Business
will the Reserve Bank cut or not?
135 Some economists say the MPC will cut the repo rate by 50 basis points, while others believe it will keep the rate unchanged. South Africans who saw nothing to be happy…
Plentify scores in funding round as AI home-energy tech heats up
148 Plentify co-founders Kailas Nair and Jon Kornik South African electrotech company Plentify has concluded an oversubscribed series-A funding round, bringing its total capital raised to date to nearly US$15-million (R256-million). Plentify…
‘Please call me’ saga not over yet for Nkosana Makate
134 Nkosana Makate in the constitutional court last year Nkosana Makate and his lawyers have agreed to ring-fence 40% of the payout he received from Vodacom earlier this month for the “please…
SA’s role as bridge between developed and emerging economies
124 With the G20 in town, South Africa has an ideal opportunity to strengthen ties with other countries to show it is a reliable partner. South Africa’s role as a bridge between…
Why Telkom is winning in mobile
146 Telkom Consumer CEO Lunga Siyo Stringent cost management has been a driver of Telkom Mobile’s success alongside its market-leading value offerings. At R79/GB, Telkom is offering prepaid data at the cheapest…
Makate reaches agreement with funders in order for Vodacom to pay his settlement Â
151 He has agreed to freeze 40% of his Vodacom settlement until the court hears the case. The Please Call Me inventor Nkosana Makate has agreed to freeze 40% of his Vodacom…
Cloudflare meltdown knocks major websites offline
198 Problems at content delivery network provider Cloudflare caused disruptions to online platforms across the world on Tuesday – and the problem is so bad it took down a website that detects…
Bitget’s stock futures volume exceeds $1 billion
152 The milestone points to fast adoption of stock-style exposure inside a crypto app by users who already fund accounts in USDT and switch between crypto and stock-linked markets on mobile. Bitget,…
Crypto at Pick n Pay is faster than tap-to-pay
193 Pick n Pay’s Deven Moodley The speed at which crypto payments are processed at Pick n Pay till points is reducing time to check out, minimising queues and improving overall customer…