Author: Staff Reporter

Walt Disney Co’s popular and fast-growing streaming service, Disney+, is coming to South Africa. The platform will be available sometime in the middle of 2022.

Government on Thursday published changes to the Electricity Regulation Act, making it official that power producers of up to 100MW will not require a licence from energy regulator Nersa to operate.

Shares in Alviva Holdings jumped more than 18% in intraday trading on Thursday morning after the ICT distribution group said full-year earnings per share are likely to nearly double.

MultiChoice Group-owned Internet streaming provider Showmax is upping the ante in the streaming wars, offering access to all matches of the English Premier League, La Liga and Serie A.

South Africa’s newest bank, Bank Zero, is now accepting new customers following a closed roll-out phase. Applications will be “throttled” to ensure that the bank’s seamless onboarding experience is not overwhelmed.

Google has appointed former Oracle South Africa MD Niral Patel as head of its cloud operations in sub-Saharan Africa.

Takealot Group will replace long-serving CEO Kim Reid on 1 October. The role will be filled by Mamongae Mahlare, who joins South Africa’s largest online retailer from Illovo Sugar.

Moove, a Nigerian fintech start-up that also operates in South Africa and Ghana, has raised $23-million (R335-million) in series-A funding to expand its tech-based vehicle financing platform.

The Competition Tribunal has given the green light for JSE-listed Transaction Capital to buy a controlling 74.9% stake in South African online car marketplace WeBuyCars. No conditions were attached.

An explosion at the Unit 4 generator at the Medupi power station in Limpopo has knocked out an adjacent unit, Eskom said on Monday. It’s not yet clear if this will lead to load shedding in the coming week.