Naspers, through its Naspers Foundry investment arm, is leading a R53-million series-A funding round in South African fintech start-up LifeCheq.
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IoT.nxt, the specialist internet of things company owned by Vodacom Group, has appointed Vasin Govender as its new CEO.
Government is proposing extending a cut in the general fuel levy until early August to help shield consumers from high fuel prices linked to the Russia-Ukraine conflict.
MultiChoice Group has installed a studio at its broadcast centre in Randburg, Johannesburg capable of high-end Dolby Atmos audio productions.
The SABC has apologised to its former head of news, who was dismissed earlier this year, after she was blocked from viewing the SABC News Twitter account.
Huge Group has secured new debt financing from Rand Merchant Bank, in the process refinancing existing debt and giving the firm additional ammunition for acquisitions.
Government last year lifted the cap on private power generation to 100MW, below which companies don’t need to be licensed. Now Eskom CEO André de Ruyter has questioned why there’s a cap at all.
Eskom CEO André de Ruyter has said South Africa has no choice but to shift from coal to renewable energy.
JSE-listed Huge Group, which has been quiet since abandoning its pursuit of now-delisted Adapt IT, said on Monday that it has acquired a stake in Glovent Solutions.
MTN has appointed Tumi Chamayou as the executive of its group enterprise business unit (EBU) with effect from 1 June.