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CIVH merges Vumatel, DFA into one mega fibre company

Although the CIVH subsidiaries will be incorporated into a new infrastructure company, each business will initially continue to operate separately.

MTN rolls out R2.2bn Gauteng township investment

The telco will deploy 700 active 5G sites, setting aside R30 million to guard against infrastructure vandalism

Sasfin invests millions in SME digital banking services

The financial services group augments its digital banking platforms and grows its SME lending offerings.

Sibahle Malinga

Entersekt partners with Capitec Bank

Entersekt integrates NuData Security’s behavioural analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases.

African Infrastructure Investment Managers

AIIM becomes MetroFibre’s largest shareholder

The private equity fund manager completes a follow-on acquisition of MetroFibre Networx after ICASA approval.

LG Premium service

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.

Liquid Intelligent Technologies

Liquid to buy Israeli tech multinational Telrad

The acquisition will strengthen Liquid’s B2B product segments, leveraging Telrad’s presence in 13 countries.

Capitec fights card-not-present fraud with biometrics intelligence

The retail bank beefs up its e-commerce security with Entersekt’s 3D Secure behavioural biometrics.

Sibahle Malinga

Net1 to change name to Lesaka Technologies

The dual-listed company notifies authorities and shareholders of the impeding change to its articles of incorporation.

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

New additions to Mweb exco team

Johan Jordaan and Lizette Loxton have been appointed as acting co-CFOs with immediate effect.

MRB Data Protection Services

MRB supports cyber insurance industry

Bringing together the experience of insurance brokers and the technical expertise of MRB Data Protection Services, i-TOO offers its clients comprehensive cyber insurance cover.

Andile Ngcaba’s inq. to acquire Syrex

The Convergence Partners-controlled company reaches an agreement to acquire 100% of Syrex for an undisclosed amount.

Logistics tech firm GoMetro bags R16.3m funding

The funds will used for key hires and product development as the start-up expands into the UK and US.

African Rainbow Minerals

African Rainbow Minerals benefits from ITFM tool

Following the implementation of MagicOrange’s IT financial management solution, ARM has benefited from the reduced effort required to run a monthly report cycle.

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