Financial
Friday

New coal plants to cost SA R19bn, push out renewables

Two planned coal plants are set to cost the country an additional R19.68 billion in present value terms over their lifetimes.

AI first the new mantra: Money 2020

Ian Merrington, Cape Innovation and Technology Initiative CEO, discusses four key takeaways from Europe's pre-eminent fintech show that took place from 4 to 6 June.

Transnet takes ICT services in-house

Thursday

T-Systems and Transnet embark on a "disengagement process" to insource all ICT services, while the state-owned group tries to sort out a legal battle over a new IT contract.

Lebashe increases stake in RainFin to 75%

Wednesday

Online credit marketplace RainFin will use the sale proceeds to bankroll a new R1 billion fund targeting small businesses.

Vumatel suitor foresees fibre market consolidation

Wednesday

Although there are many players in the market, in future the industry will consolidate, says Community Investment Ventures Holdings.

Isaac Mophatlane's Randvest buys into insurtech company

The former BCX CEO's investment firm acquires a stake in cyber insurance provider, MyCybercare.

Bitcoin's downward trend persists

Wednesday

So far in 2018, Bitcoin is down nearly 53%, after soaring more than 1 300% last year.

Chatbots part of the conversation in insurance industry

Tuesday

Traditional insurers are now exploring the potential of bots to offer customers a better user experience.

SA's new crypto-currency developed to save rhino

Tuesday

Rhino Coin aims to generate funding for rhino conservation and support anti-poaching initiatives through blockchain technology.

Removing admin of running a share scheme

OTC Express from Singular Systems allows over-the-counter share trading while falling outside of the definition of an `exchange', according to the FMA.