DVT teamed up with Nedgroup Investments to assist with the testing of its online investment platform, 'Extraordinary Life'.
The real business benefits of blockchain are hard to prove, as many embark on "pointless proof-of-concepts", says a Gartner analyst.
The approval means the JSE-listed IT services company will now have an effective black shareholding well above 50%.
This funding round represents Goldman Sachs' maiden investment into the mobile financial services start-up company.
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 Naspers-backed company establishes a Johannesburg office and engineering hub, as it looks to expand further into Africa.
The investment forms part of Naspers' undertaking to accelerate growth in classifieds, online food delivery and fintech businesses globally.
Naspers looks to exit the pay-TV market by listing MultiChoice separately on the Johannesburg Stock Exchange.
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
The company will offer voluntary separation and voluntary early retirement to qualifying employees starting today.
The new offerings include anti-money laundering and fintech solutions aimed at hosting container-based apps in the cloud.
The broad-based black economic empowerment ICT group looks to acquire a 55% stake in Sizwe for R165 million.
A new mobile solution allows people living in SA to buy products and pay bills in Zimbabwe using digital coins.
In the 12 months to June 2018, the service grew 41% compared to the previous year, the bank says.