The expense of tech upgrades, lack of digital skills and regulatory hurdles are key hindrances to African SMEs’ growth.
The firm increases the prices of fixed postpaid services, certain out-of-bundle mobile rates, DSL, voice, FTTH and YEP.
The Southern African Music Rights Organisation distributed over R33 million in royalties to its members on digital platforms in FY2024.
Recognising that underserved communities don’t just jump from cash to digital is an important consideration for fintech firms.
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.
Stockholm-based Norrsken Accelerator seeks ventures with business models built on innovative tech, at pre-seed stage.
The Department of Science and Innovation and UNDP will empower tech entrepreneurship through the Higher Education Innovation Fund.
The financial regulator warns that crypto operators that did not submit operating licence applications will face the full might of the law.
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 multimillion-rand penalty relates to illegal contracts that SAP entered with state-owned company Eskom at the height of state capture.
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.