South Africa
South Africa: Stitch Secures Additional $25 Million in Series A Funding, Bringing Total to $46 Million
Stitch, the South African API fintech startup, has successfully raised an additional $25 million in funding, expanding its Series A funding to a ...
News
South African Telcos Given Deadline to Settle Outstanding Spectrum Auction Fees
Mobile operators in South Africa have been issued a deadline of the end of October to clear any outstanding fees related to the ...
News
South African Fintech Revio Raises $5.2 Million to Enhance Business Payment Success
In Africa, digital payments account for less than 10% of all transactions, presenting a significant opportunity for financial institutions on the continent. McKinsey ...
Africa
Shaping Tomorrow’s Finance Today with South Africa Traders Fair & Awards 2023
Johannesburg, South Africa – The South Africa Traders Fair & Awards 2023 is primed to claim its position as this year’s premier event ...
News
SA: IMF’s Gita Gopinath Commends South African Central Bank’s Proactive Stance on Inflation
Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), has lauded the South African central bank for its proactive ...
Regulatory
South African Reserve Bank Approves Paycorp’s Direct Clearing System Participation
Paycorp, a prominent player in South Africa’s payments landscape, has achieved a significant milestone by obtaining a direct clearing system participant license from ...
News
South Africa’s Inflation Eases to 4.8%, Marking a Two-Year Low
South Africa’s annual inflation rate continued its downward trajectory, reaching a two-year low of 4.8% in July 2023, down from 5.4% in the ...
News
SA: FNB Continues Reign as South Africa’s Most Valuable Brand
FNB has once again clinched the coveted title of South Africa’s Most Valuable Brand in the 2023 Kantar BrandZ Most Valuable South African ...
Regulatory
SA: SIU Seeks Appeal in Telkom Case After High Court Ruling
The Special Investigating Unit (SIU) is preparing to apply for leave to appeal a recent High Court verdict that invalidated its authorization to ...
News
SA: Founders Factory Africa Raises $114 Million to Accelerate Growth
South African venture builder, Founders Factory Africa (FFA), renowned for its hybrid tech startup investment model, has secured an impressive $114 million in ...