Capitec is to acquire a stake in a European online lending group, marking its first entry into international markets. The group is to purchase a 40% stake in digital finance company
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Allan Gray, the second biggest shareholder in Net1 UEPS Technologies, said it will work with the company’s board after it highlighted concerns about its communication with its investors
The rally that made South Africa’s rand the world’s best performing currency this year might be nearing its end, according to Old Mutual Investment Group. The currency gained 10% against the dollar
Telkom has blamed R2,5m in damages caused by suspected vandals on downtime for customers in parts of Johannesburg. The company said on Thursday that customers on Johannesburg’s
The International Finance Corp, a member of the World Bank Group and Net1’s largest shareholder, promises to engage with the management of the company to “promote responsible business
Former MTN South Africa CEO Mteto Nyati will take the reins at JSE-listed technology group Altron earlier than previously planned. Nyati, who resigned suddenly, and unexpectedly, as the
Traders are adding to bets on the first South African rate cut in more than four years after data showed the current-account deficit, a key risk for the rand, narrowed and consumer inflation slowed for
Christo Davel, the founder of the personal finance management website 22seven, acquired by Old Mutual in 2013, has resigned. In a note to customers on Wednesday, Davel said he, co-founder Kenny Inggs
Apple introduced a revamped version of its most popular-sized iPad at the cheapest price ever, and a shiny red iPhone 7, whose sales will help to combat Aids. Apple unveiled a new 9,7-inch iPad with a brighter
Google, the primary revenue driver for Alphabet, announced changes to its advertising policies after major brands pulled ads from the platform because they appeared alongside offensive content