The home-grown breakdown management app will expand its team and scale the platform, following its investment boost.
The IT services firm experiences a marginal reduction in revenue for the six-month period ended 31 January 2024.
The African Infrastructure Investment Managers-led consortium acquires Octotel from Actis and a minority stake in RSAWeb, subject to regulatory approvals.
The firm reports that the naira's devaluation against the US dollar had a detrimental impact on Nigeria's financial performance.
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 licences approved by the Financial Sector Conduct Authority are expected to boost investor confidence and crypto adoption.
The regulator publishes draft amendments to the Call Termination Regulations for public comment.
The disposal entails the sale of Swiftnet to Towerco Bidco, a newly-incorporated entity comprising of a consortium of equity investors led by Actis.
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 global mobile money market hits $1.4 trillion in transaction value, with mobile money accounts reaching 1.75 billion in 2023.
The digital bank achieves its target of monthly operational break-even, before acquisition costs, ahead of schedule.
This achievement was highlighted in the Broadband Access & Home Networking Quarterly Report Q4 2023 by research firm Dell'Oro Group.
South Africa’s largest telecoms operator introduces a cost-cutting process that will potentially impact no less than 80 jobs.
Following the Revix, BitFund and Coinpanion merger, Altify reaches 80 000 customers, with plans to attract younger investors.