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Category: Business

Lesaka pushes Bank Zero acquisition deadline to 2027 as regulatory approvals lag

Posted on June 18, 2026

341 Lesaka announced it plans to acquire Bank Zero for R1.1 billion. Fintech group Lesaka Technologies has pushed out the deadline for its planned acquisition of Bank Zero to 31 January 2027,…

The relief of paying off your debts

Posted on June 18, 2026

235 Image Credit: Gettys Paying off debts is a milestone that brings a profound sense of relief and freedom. For many, debt is a heavy burden that affects not only finances but…

When the Garden Route floods hit, the map was already drawn

Posted on June 18, 2026

283 Before the second cut-off low hit the Garden Route in early June, every dam in the district was already at 100% capacity. The ground was saturated. Temporary road repairs from the…

South Africans took a sizeable bite of SpaceX after historic IPO

Posted on June 18, 2026

316 South African investors poured R179-million in just two days into SpaceX when it hit the public markets last week, with EasyEquities data revealing a frenzy of activity that has already made…

Ekurhuleni accused of manipulating data to inflate electricity prices

Posted on June 18, 2026

260 The City of Ekurhuleni in Gauteng has allegedly inflated its 2024/25 electricity tariff application by at least R13 billion by manipulating supporting information submitted as part of the process, according to…

Lesaka pushes out Bank Zero deal deadline

Posted on June 18, 2026

271 Lesaka Technologies has extended the long-stop date for its R1.1-billion acquisition of Bank Zero by nearly six months, to 31 January 2027, as the dual-listed fintech waits on the last of…

The Pan African DataCentres event opens next week

Posted on June 18, 2026

324 The Pan African DataCentres Exhibition & Conference (PADC) returns to the Sandton Convention Centre in Johannesburg on 23 and 24 June, showcasing the infrastructure, technologies, expertise and ideas shaping the future…

Flagship broadband programme in South Africa stalled

Posted on June 18, 2026

347 Communications department director-general Nonkqubela Jordan-Dyani Government’s flagship broadband programme, SA Connect, was effectively frozen for most of the past financial year after funding the communications department had been counting on failed…

Why most cloud migrations inherit risk before they create value

Posted on June 18, 2026

299 A typical migration environment looks manageable on paper. An established organisation, a predominantly on-premises setup, a directive to move to the cloud. What the scoping work usually reveals is something more…

Cape Town wants Transnet action after ‘world’s worst container port’ ranking

Posted on June 18, 2026

279 Despite improvements, the port’s poor performance against its global peers is hurting economic growth, says the city. The City of Cape Town has called on port manager Transnet to speed up…

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