South Africa
South Africa: 6DOT50, a fintech startup launches Digital Rands Money Vouchers
South African based fintech startup 6DOT50 has launched its Digital Rands Money Vouchers, an innovative solution that aims to transform crypto into a ...
Intelligence
SA: Data breach costs skyrocket during pandemic – IBM report
According to an IBM Security study, data breaches in South Africa now cost businesses R46 million on average. This is the highest cost ...
Regulatory
SA: Financial authority suspends licence of ZAR X exchange
ZAR X faces possible cancellation of its licence in three months due to non-compliance with liquidity and capital adequacy requirements The Financial Sector ...
News
Standard Bank unveils plan to become a digital ‘platform’ company
Standard Bank will within years transform into a marketplace where clients can also access rivals’ products and a variety of services beyond just banking, ...
News
South Africa: SA Internet Providers Decry Regulator’s ‘Too Many Roles’
THE Internet Service Providers’ Association of South Africa (ISPA) is advocating for legislature to reduce the role of the Independent Communications Authority (ICASA). ...
News
SOUTH AFRICA : NEW AMAZON HEADQUARTERS AND OTHER DEVELOPMENTS SET TO CREATE 40,000 JOBS IN CAPE TOWN
The Western Cape’s trade and investment company Wesgro has reported a record start to its financial year, with the group securing R5 billion ...
Innovation
South Africa: Sanlam and MTN announce insurtech alliance
Sanlam and MTN Group on Thursday (12 August) announced a strategic alliance to distribute Sanlam Group insurance and investment products across Africa, further ...
Innovation
SOUTH AFRICA: BANK ZERO IS OPEN FOR BUSINESS
Digital-only Bank Zero has officially launched for public access on Tuesday. The group said it will take a staggered approach to its public ...
South Africa
SA fintech Callpay acquired at US$6.8M valuation
Callpay has been acquired by a global fintech provider in an undisclosed transactional investment aimed at accelerating the company’s growth. The disposal of the ...
News
Telkom SA appoints new Group CEO
Telkom South Africa has announced the appointment of Serame Taukobong as Group CEO Designate with effect from 01 October 2021. Taukobong will assume the ...