273 Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank…
Category: Business
South Africa’s human falcon – TechCentral
349 With the jagged peaks of Cape Town’s Table Mountain beneath him and the wind roaring past his wingsuit, South African Jean-Jacques Wallis is redefining the limits of human flight — and…
Markets and investor caution see annuity withdrawals hit record low
202Policyholders drew an average of 5.6% of their invested capital as income in 2024, down from 6.6% the previous year. Living annuity investors in South Africa reduced their income withdrawals to the…
More women than men are becoming first-time homeowners
209There has been a steady increase in the number of women entering the South African property market over the past 10 years. More women than men are becoming first-time homeowners, a clear…
World Entrepreneurs’ Day: three questions every SMEs should ask before expanding
238 Every business owner wants to grow, but not every business is ready. 21 August is recognised as World Entrepreneurs’ Day to acknowledge and celebrate the hard work and dedication of entrepreneurs…
Google rolls out advanced AI Mode in South Africa, Nigeria and Kenya
228 Google’s new AI Mode, which allows for complex queries via search to be solved by AI, is being launched in African markets including South Africa, Nigeria and Kenya, on Thursday. According…
Tiger Brands recalls its Benny beef and chicken-flavoured stock cubes
169Consumers are urged to return the products to their point of purchase for a full refund. No proof of payment is required. Tiger Brands has informed the National Consumer Commission (NCC) of…
Cell C a step closer to possible JSE listing
190 The Competition Tribunal has given the green light to a transaction that should help advance a proposed plan to list Cell C on the JSE. The regulator on Thursday said it…
Vat-registered schools set for rude ‘wake-up call’
171 New proposal will force them to deregister, resulting in potentially huge Vat liabilities. A significant number of schools that are currently registered for Value-added tax (Vat) will be forced to deregister…
INX-ZA to supercharge its South African internet exchanges
246 South Africa’s oldest internet exchange point operator, INX-ZA, has announced a plan to upgrade its infrastructure using high-performance routers from Nokia that offer throughput of up to 400Gbit/s each. INX-ZA, which…