The company enters into a definitive agreement to be acquired by an investor group led by Permira and Hellman & Friedman.
One year since SA’s data privacy law came into effect, not even a single entity has faced the full wrath of this “world-class legislation”.
The investment sees expanding broadband coverage, with 58 new base station sites, including 17 in deep rural areas.
The US government files civil action against Mirror Trading International for fraud and registration violations.
The suspects face fraud and money-laundering charges, and were granted R10 000 bail each.
The company will sell its Analysys Mason unit to Bridgepoint Development Capital for as much as $260 million.
The asset management firm eyes investments in early-stage tech firms likely to have strong developmental impact.
The central bank needs to regulate the payment ecosystem and ensure financial stability in a world of disruptive technology, says governor Lesetja Kganyago.
The African Pharmaceutical Technology Foundation will strengthen the pharma and vaccine innovation ecosystem.
The digital wallet service increases by over 800%, setting a monthly record of over R1 billion in customer spend.
The digitisation of the insurance process means insurers are using dynamic data to offer customers personalised premiums and products, says Dr Nolwandle Mgoqi, chief executive for long-term and short-term insurance at Standard Bank.
The group’s ballooning e-commerce portfolio continues to shine, with this segment’s revenue growing 56% to $10.7 billion in fiscal 2022.