73 Lincoln Mali, CEO of Lesaka Technologies Southern Africa, was last night honoured as All Africa Business Leader of the Year at the 13th annual All Africa Business Leaders Awards (AABLA), hosted…
Category: Tech
Discovery Bank opens its doors to cryptocurrency trading
68 Discovery Bank CEO Hylton Kallner Discovery Bank is adding the ability for its clients to trade in cryptocurrencies directly in its banking app. The launch on Thursday of the crypto facility…
Google agrees to major funding package for South African media
58 Carlos Barria/Reuters Google has committed R688-million to support South Africa’s under-pressure media industry, alongside a separate initiative aimed at fostering its long-term growth. This follows the release of the media and…
Spotify goes ‘lossless’ in South Africa, hikes prices again
66 For the second time in four months, Spotify is hiking prices in South Africa – this time, though, there’s more value on offer, including lossless (non-compressed) music streaming for the first…
Markets signal a turning tide for South Africa as rand hits two-year high
65 The rand and South African shares and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline after the government’s medium-term budget policy statement. The rand briefly broke…
Cell C targets up to R12.1-billion valuation in JSE debut
58 Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share – a range that implies a post-listing market capitalisation…
ZAR Supercoin is South Africa’s latest rand stablecoin
86 South Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR…
WhatsApp agrees to greater transparency for South African users
58 A dispute between WhatsApp and the Information Regulator of South Africa has been settled out of court. Speaking at a media briefing on Thursday, the chair of the Information Regulator, Pansy…
South Africa rolls out 24-hour digital visas for international film crews
53 Home affairs has gazetted (PDF) a screen talent and global entertainment scheme – abbreviated as Stages – a visa reform aimed at boosting South Africa’s standing as a global destination for…
Valve’s Linux console takes aim at Microsoft’s gaming empire
46 Valve’s new Linux-powered gaming console Valve on Wednesday laid out its most ambitious hardware push ever: a living-room “Steam Machine” console, a new Steam controller and a “Steam Frame” VR headset…