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South Africa: Netflix to invest $63 million in South Africa’s Film and TV Industry
Global streaming giant Netflix Inc. is turning its attention to South Africa as it looks to boost subscriber numbers on the continent. The company will ...
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South Africa: Reserve Bank to IPO Its African Bank Stake
The South African Reserve Bank (SARB) says it will list its 50% shareholding in African Bank after concluding that none of the interested ...
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South Africa: SA Reserve Bank Poised to Hike Repo Rate This Week to Douse Inflationary Flames
The Monetary Policy Committee of the South African Reserve Bank will almost certainly hike its key repo rate on Thursday, 24 March, in ...
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South Africa: South Africa’s Credit Bureau TransUnion Server Hacked
TransUnion has confirmed that a criminal third-party obtained access to its South African server through misuse of an authorised client’s credentials. “We have ...
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South Africa: South Africa spectrum auction raises almost $1 billion
The Independent Communications Authority of South Africa (ICASA/the Authority) concluded the radio frequency spectrum auction on Thursday. The auction involved six bidders, i.e. Cell C, ...
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South Africa : Discovery Bank targets 700,000 customers by 2024
Discovery Ltd, Africa’s second-biggest insurer by market value, is expanding its footprint into five countries on the continent as it adapts to meet ...
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South Africa: Standard Bank Boosts its Shari’ah Banking with AWS Technology
On Thursday, Standard Bank South Africa, which offers a range of Shari’ah-compliant banking solutions, announced the introduction of a dedicated call centre line ...
South Africa
South Africa: SA’s Engen opens applications for $67k startup pitching competition
South African petroleum company Engen has opened applications for its Pitch & Polish pitching competition, which will see 16 entrepreneurs compete for a ...
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South Africa: SA Tribunal orders SAP to repay R400 million for irregular software contracts
Software giant SAP Africa, has been ordered to repay over R400 million ($26.5 million) to South Africa’s Department of Water and Sanitation (DWS), after two software ...
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South Africa: Competition Watchdog Wants WhatsApp, Facebook’s Meta To Pay Up for ‘Abuse’
The Competition Commission has referred Meta to a tribunal over alleged abuse of its dominance in the social media industry, TechCrunch reports. The commission, which ...