Browsing: News

M-Pesa and Visa have launched a virtual payment card in a bid to capture some of Africa’s $40-billion/year subscriptions market.

Government has signed power purchase agreements for 150MW of capacity from private projects by developer Scatec that were selected a year ago.

Computicket, the ticketing agency owned by Shoprite Group, has agreed to pay an R11.3-million “administrative penalty” to South Africa’s competition regulator.

Wiocc, one of the original investors in the Eassy submarine cable system, is gearing up for rapid expansion in data centres across Africa.

Former MTN South Africa CEO Godfrey Motsa has been appointed as the “non-life” CEO at insurance group Telesure Investment Holdings.

The R135-billion Medupi power plant won’t ever make a profit because of delays, design defects and increasing opposition to coal-fired electricity generation, one of its funders said.

Karpowership said some government agencies have stalled its projects and their conduct isn’t conducive to creating an attractive investment environment.

The Solana blockchain is back up and running after a software glitch caused an outage of more than four hours.

In a surprise development, Werner Kapp has stepped down as CEO of Dimension Data. He is being replaced in the role by Alan Turnley-Jones.

MultiChoice Group has dropped four e.tv channels from DStv after the Competition Tribunal ruled against e.tv parent eMedia in a dispute with the pay-television operator.