With iKhokha’s iK Tap on Phone, small business owners can accept payments for their products or services using their Android smartphones.
Investigators conduct a search and seizure operation at the premises of ex-employees of the Office of the Chief Justice.
Significant financial losses are incurred due to long delays in the legalities of the River Club redevelopment.
Ex-Telkom financial controller Marvin Ncube joins MTN Group as executive for business finance, effective September
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 investments will assist the retailer to expand its environmental projects as part of its wider sustainability strategy.
The draft framework for the regulation of crypto-currencies in South Africa will be published for consultation “very soon”, says the financial services watchdog.
The companies say discussions are still in progress and a further announcement will be made in due course.
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
Despite having one of the most advanced banking sectors in the world, South African businesses have not felt the need to adopt purely digital transactions.
The oversubscribed round was led by Imvelo Ventures, with participation from Lebashe, Pallidus, Shaolin and Gary Stroebel.
Local crypto-currency exchanges describe the hardships they faced after being shunned South African big banks.
Following the transaction, Prosus and its affiliate company, Movile, a Brazilian investor in technology companies, will fully own iFood.
Loans of up to R5 million are offered and businesses have up to 12 months to pay it back.