The State IT Agency’s reconfiguration process aims to position it beyond being a government procurement arm, says minister Stella Ndabeni-Abrahams.
Last year saw increased venture capital exits by investors in South African tech start-ups, with 50% of exit strategies reported as profitable.
Online-only high school Valenture Institute secures a multimillion-rand investment from GSV Ventures, and prepares to expand nationwide.
Deliveries and collections at the ICT distributor halted after the strike escalated when vehicles leaving or entering the premises were targeted.
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 digital bank ties up with local insurance giant Hollard to offer customers funeral policy plans without any paperwork needed.
The digital bank says it has 489 000 clients as of 13 September, versus 370 000 accounts at the end of June.
The mobile operator has reduced postpaid data bundles by 70%, while its prepaid package has been reduced by 32%.
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
Increased cloud adoption contributes to 112% SaaS growth globally.
The bank wants to empower people to learn helpful money strategies and key financial principles in a simple and engaging way.
The Internet giant’s early-stage tech investment vehicle invests an undisclosed amount in Food Supply Network.
According to the South Africa CFO 3.0 report, 87% of CFOs now play a role in digital transformation, and 15% of local CFOs are driving the digital agenda.
Recently, implementation of Basel III has been extended to account for the additional Basel IV requirements that have been added to the Accord.