Allan Gray, one of South Africa’s biggest money managers, said it’s “increasingly concerned” over the running of Net1 UEPS Technologies, a company whose lending practices to people on welfare have been criticised as unethical by
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Researchers from the South African Astronomical Observatory have helped find a new exoplanet, 320 light years from Earth, that exhibits unusual characteristics. SAAO, with other researchers from around the world, found
WorldRemit, a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile payment platforms and expatriates send cash home. The seven-year-old
Mastercard will work with South African partners to bring biometric cards to local consumers by the end of the year. The development follows two separate trials conducted recently with Pick n Pay and Absa. South Africa is the first
South Africa’s inflation rate fell to a six-month low in March after food price increases slowed. Consumer inflation eased to 6,1% from 6,3% in February, Statistics South Africa said in a report released
Vodacom Group’s Tanzanian unit has received regulatory approval to extend the deadline of its share sale for three weeks, allowing investors more time to take part in the country’s biggest initial public offering
Copper-based digital subscriber line (DSL) technology will be dead and buried within the next five years as South Africa’s telecommunications industry ramps up the roll-out of fibre-to-the-home and fibre-to-the-business broadband infrastructure, the CEO of Vox, Jacques
South African fibre-to-the-home pioneer Vumatel is receiving constant interest from bigger telecommunications companies wanting to acquire it, but the company is not yet ready to
The Competition Commission has decided not to prosecute Vodacom and MTN following a complaint by Cell C that its two bigger rivals had acted anticompetitively. The case goes all the way back to October 2013, when Cell C
Neotel has a new chief financial officer and a new chief sales and marketing officer following the acquisition of the company by Liquid Telecom in a R6,5bn deal. The company, which has been rebranded as Neotel Liquid Telecom, has