The South African-born tech entrepreneur wants to use some of the proceeds from his US-based company to open shop in Cape Town.
More than half of all JSE-listed tech and telecoms stocks have fallen in value over the first six months of 2017.
ICT spend within the retail sector is expected to reach R6.11 billion by 2019, says Frost & Sullivan.
Naspers' heavy reliance on its Tencent investment is back in the limelight as rising Chinese Internet and gaming restrictions worry investors.
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.
Subsidiary Logicalis acquires a 51% stake in NubeliU, to strengthen its position as a cloud integrator.
The credit bureau's planned system upgrade resulted in limited service degradation over periods of high-volume transacting.
The JSE-listed group disposes of its Powertech Batteries business to Trinitas for R300 million.
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
ThisIsMe says it has set a record for the fastest FICA in SA, completing the process in under three minutes.
The Competition Commission prohibits Jasco's acquisition of Cross Fire Management, saying it could result in the removal of a potential disruptor in the market.
Consumers are paying more bills via mobile devices, with dominance coming from Chinese companies.
Companies using marketing automation technology increase their leads while reducing marketing overheads by more than 12%, says Grapevine.
The Gemalto Assurance Hub allows banks to assess users' online banking sessions in real-time and tailor the authentication of their profiles.