The company makes its first investment in the local insurtech sector as part of its R1.4 billion commitment to grow early-stage tech companies through Naspers Foundry.
Kandua lands major financial backing from venture capitalist firms Knife Capital and Allan Gray E-Squared Ventures in a pre-Series A funding round.
Cape Town-based Akiba Digital raises $1.1 million in pre-seed funding, which will be used to connect small businesses to lenders.
The funds will be used for international expansion and the start-up has already started onboarding partners in Europe.
ITWeb TV: Does SA have what it takes to produce a billion-dollar unicorn? | Episode #98
Innovation Hub CEO Bangani Mpangalasane discusses Gauteng's budding start-up ecosystem, why SA has yet to produce a unicorn company, and innovation that can be a catalyst for economic development and resolve societal challenges.
Skills development initiative Digify Africa collaborates with Facebook to offer a WhatsApp learning platform to provide African youth with digital skills.
The future of all South Africans can only be built on that ethos of democratic resilience and fortitude that repeatedly ushered us away from the precipice of ruin, says Godfrey Motsa, CEO at MTN South Africa.
The MTN Business App of the Year Awards return for the 10th year, and will be held virtually on 16 September.
The bank says as its user base grows, so does the range of products, service providers and functionality, to deliver an all-encompassing solution.
Nestlé names Kudoti among the five winners of its creating shared value competition, awarding the South African recycling business a $40 000 cash prize.
The company is dedicating the month of July to help secure the future of the food and drink outlets by zero-rating its fees across the board.
The digital venture capitalist successfully completes its final Section 12J capital raise, with assets under management of over a quarter of a billion rand.