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Kalon invests R10m in SA payments firm i-Pay

Electronic payments specialist i-Pay has secured R10m in venture capital funding from Kalon Venture Partners, which it intends using to expand to other countries outside South Africa. The company, which facilitates bank-to-bank

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Makro acquires WumDrop in e-commerce push

Massmart-owned retailer Makro has acquired a majority stake in delivery start-up WumDrop. With the acquisition, the company said it plans to shrink the window between a customer order from three

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Surge in smartphone sales in SA

Smartphones sales in South Africa jumped by 28% year on year in the third quarter to reach three million units, while basic phone sales were up 6% to 1.6m units, according to tracking data from

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DStv Now added to Telkom’s LIT set-top box

Telkom is adding the DStv Now app to its LIT TVB-100 Android-powered set-top box, DStv parent MultiChoice said in an e-mailed statement on Tuesday. The telecommunications operator’s LIT video

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No data bundle expiry for three years: Icasa

Communications regulator Icasa has amended previous draft proposals on data expiry meant to protect consumers from high communication costs. Icasa had previously proposed introducing regulations with tiered expiry of

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Naspers hits R4 000/share

Less than three months after topping R3 000 for the first time, Naspers’s share price on Monday touched the R4 000 level on Monday afternoon as shareholder optimism over Chinese Internet

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