As local talent jostles for positions in the growing sector, fintech firms become employers of choice.
Secured lenders vote with requisite quorum and majority in favour of the compromise cash-out offer of 20c for every R1 of debt.
The City of Johannesburg prepares to spend R21.5 million on developing an e-health system.
The bank’s Avo now connects over 1.5 million local consumers to 21 000 businesses listed on the platform.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
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.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
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.