SA's sovereign downgrade to "junk" by S&P and Fitch prompts a chain reaction, with the outlook of MTN and Telkom both dropping to negative this week.
Ex social development DG Zane Dangor alleges the minister caused the social grants debacle to ensure CPS was retained as payments distributor.
The Public Investment Corporation, one of the largest investors in South African equities, reduces its ownership of the technology group to just over 3%.
Takealot Online announces a R960 million investment from Naspers, which it says shows confidence in?the potential of SA's e-commerce sector.
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.
Following SA's downgrade to "junk", Telkom's outlook has been revised from stable to negative, although it holds on to its BBB- long-term corporate credit rating.
It has won Best Mobile Security Technology in the 2017 Banker Africa Southern Africa Banking Awards for the second year running.
TransUnion Africa CEO Lee Naik asks if we could see the next big fintech unicorn be born in an incubator in Nairobi or Cape Town.
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
Root is a lightweight bank account for developers that is accessible with code.
Telecoms and tech execs will next month meet with investors to discuss accelerating investment opportunities in digital communications and infrastructure.
The company mulls relinquishing its interest in the distributor in a deal subject to contract and exclusivity provisions.
The international payments processing solution company says the acquisition will enable to infiltrate the growing African market.
The department responsible for the social grants panic racks up a travel bill of over R120 million on local and international travel trips.