Volaris has acquired 63.87% of Adapt IT and the company will delist from the local bourse with effect from 4 January 2022.
Minister Aaron Motsoaledi intends to write a letter to National Treasury to request that New Dawn and Valor IT be blacklisted from doing business with the state.
NCBA Bank took on an ambitious project with Huawei to build a next generation core banking system.
The Competition Tribunal conditionally approves the proposed large merger whereby Atlantica intends to acquire the employees of Abengoa and the assets of Kaxu.
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 funds raised in this round will be used to expand Planet42’s car inventory in both South Africa and Mexico.
MTN's comprehensive security offerings ensure peace of mind with systems, users and applications protected.
Crowdfunders in the UK have raised over £1 million in just days to fund eight large-scale solar energy projects in sub-Saharan Africa.
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
As of Friday, a total of R131 million in claims were in the process of being paid out to 199 creditors, but this could increase as more investors come forward.
The acquisition almost doubles SweepSouth’s addressable market on the continent and paves the way for the launch of new services in SA, Egypt, Kenya and Nigeria.
The power utility has initiated an auction process to unlock and make some of the land in its power stations available to private investors for renewable electricity generation.
A Visa study finds that most consumers believe it will be necessary for financial institutions to embrace crypto-currency, amid rising interest.
As digital currency becomes mainstream, the global online university introduces a crypto-currency-based payment method and non-fungible token diplomas.