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MENA fintech start-ups raised $100m last decade

Although a significant amount of funds were invested in MENA start-ups in the past decade, 28% failed in their initial years.

Sibahle Malinga

Cost management

Cost management can be tricky

The more granular a view into the cost ecosystem becomes, the easier it is to gain greater insight into the cost relationships, says Malcolm Stewart, business development manager at Magic Orange.

Department of Communications

New comms ministers to roll in style

The Democratic Alliance claims the financially strained communications department intends to buy two new luxury vehicles for the new minister and deputy minister.

Simnikiwe Mzekandaba

Cash Paymaster Services

Net1 embarks on damage control exercise

The Cash Paymaster Services parent company lambasts "false accusations" regarding its business practices pertaining to the distribution of social grants.

Simnikiwe Mzekandaba

FinTech Academy Africa

Fintech crash course gets under way

The FinTech Academy Africa offers a two-day curriculum to provide comprehensive understanding of key areas in fintech to C-level execs.

LG Premium service

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.

Computicket acquires start-up Entry Ninja

The ticketing company believes the purchase will give it access to South African sporting events.

First National Bank

FNB adds insurance products to digital platforms

The bank now offers life insurance via its app and online banking platform.

Simnikiwe Mzekandaba

Dark Fibre Africa

DFA tight-lipped on possible sale

Dark Fibre Africa will not comment on market speculation its parent company is in talks to sell it to Internet Solutions.

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

Mastercard adds fingerprint verification to cards

The global payments company introduces a biometric payment card first trialled in SA.

Veeam delivers year-on-year growth

The disaster recovery and virtualisation management software company's cloud revenue surged 59% year-on-year.

Kgaogelo Letsebe

Rimini Street Announces Preliminary Fiscal 2017 Q1 Financial Results

Revenue of $49 million, up 42% year over yearDeferred revenue of $165 million, up 44% year over yearTotal invoicing of $50 million, up 34% year over yearNearly 1,900 total signed clients to date, up 40% year over year

Vodacom Tanzania

Vodacom pushes out Tanzania IPO date

Investors will have another three weeks to apply for shares to be listed on the Dar es Salaam Stock Exchange, Vodacom Tanzania MD Ian Ferrao tells ITWeb.

Neotel hires CFO

Raj Jandu has been appointed the company's new chief financial officer, a role that has been empty since late 2015.