The strategic acquisition will support Superbalist’s ongoing growth, allowing the group to dedicate its efforts to further expanding Takealot and Mr D.
Multinational cloud computing giant Amazon Web Services estimates that by 2029, it will have pumped a total of R46 billion into its South African business.
Cell C’s majority shareholder Blue Label Telecoms suffers huge losses, as reflected in its annual financial results for the year ended 31 May.
Embracing cloud and artificial intelligence technologies helped the big-four bank to increase digital transactions by 28%, it says.
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 mobile operator appoints four non-executive directors to the boards of its MTN Group Fintech and Bayobab businesses.
More than 75 000 black shareholders from all walks of life will receive R20.37 per share in the first week of September, says the company.
The Constitutional Court will hear Vodacom’s appeal against a ruling that it must pay Please Call Me inventor, Nkosana Makate, billions in compensation.
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 Cape Town-based fintech start-up receives a R133 million investment from Arise, to further its expansion aspirations.
The emerging digital platform market could add R91.4 billion to the country’s economy by 2035, says a Naspers report.
Airports Company SA terminates the multimillion-rand contract for an automated border control project issued to IDEMIA.
The Vodacom financial services head decides to step down as a director at the retailer due to workload pressures.
The power utility commits to diversifying its energy sources by launching 2 000MW of clean energy projects.