Cape Town-based Omnisient lands pre-Series A funding from Nedbank, Investec and Compass Venture Capital, ahead of the POPI Act.
The fintech company says it is well on its way to achieving its goal of bringing financial inclusion to hundreds of millions across the globe this year.
The company partners Vinny Lingham and Llew Claasen’s Newtown Partners to launch a corporate venture capital fund.
The operator plans to open 20 new stores in 2020, with a further 50 new stores to be opened within the next three years.
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.
Xerox takes its $35 billion bid for HP to the company’s shareholders, with a formal tender offer and a rebuttal to HP’s account of why they couldn’t negotiate a deal.
Advanced tech will play a crucial role in the implementation of the African Continental Free Trade Area agreement, says deputy comms minister Pinky Kekana.
Gauteng receives R1.4 billion over the medium-term to drive the province’s high-speed broadband rollout ambitions, while ‘ghost-busting’ ICT has been implemented.
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
MTN employees claim their salaries and benefits have been drastically reduced by up to two-thirds of their current earnings.
HP says it unanimously recommends its shareholders reject the takeover offer and not tender their HP shares pursuant to the offer.
The South African Post Office puts e-commerce on its strategic business agenda, planning a soft launch of its own platform on 9 March.
Policy statements from National Treasury indicate a clear intention to significantly relax SA’s stringent intellectual property exchange laws.
The company looks to sell 53 properties, saying the proceeds will be used to modernise its network.