The licences are valid for a period of seven months, commencing from 1 December 2021 and ending on 30 June 2022, says the regulator.
The multibillion-rand offer by the US, UK, Germany and EU does not mean the country must accept any unfavourable terms, says president Cyril Ramaphosa.
The start-up says part of the investment will be used to hire more staff in South Africa and support its commercial expansion to the US.
The Microsoft Gold IT consultancy believes in upholding its B-BBEE status to reach overall socio-economic prosperity.
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.
Chief information officer Nomthi Nelwamondo says the insurer is accelerating its investments in digital technologies to stay ahead of the game.
The group says it delivered a strong performance despite a challenging trading and economic environment.
As the blockchain-based cryptographic trend booms across the globe, research shows South Africans are less likely to own NFTs compared to global counterparts.
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
African Rainbow Capital will acquire 37% of fintech firm Crossfin through a consortium, for R600 million, in a combination of acquisitive and growth capital.
The firm says the fund is on track to be fully invested by 2022, investing in six tech companies to date, with a further four in the immediate pipeline.
First National Bank and RMB Private Bank integrate Zapper into their apps, to enable customers to use the scan-to-pay feature at Zapper-enabled merchants.
Altron believes its FinTech ACS Smart Kiosk will become an essential card issuance device that addresses the fast-changing needs of consumers.
For the third time since August, the telco’s biggest shareholder renews its recapitalisation caution on the extended refinancing discussions.