Optasia’s plans to list on the JSE could see the company valued at up to R23.5-billion in its public market debut.
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AI has been the dominant theme on Wall Street since the launch of ChatGPT, propelling markets to record highs.
Optasia, a fintech company partly owned by Ethos Capital, plans to list on the JSE and raise up to R6.3-billion.
Agoa’s expiry after 25 years ends a cornerstone of US-South Africa trade relations.
Business conditions in South Africa’s private sector improved for the fifth month running in September.
Capitec is doubling down on mobile and fintech services. An acquisition of Blu Label might be the next logical step.
The Trump administration has said it supports a one-year extension of the African Growth and Opportunity Act.
Videogame giant Electronic Arts will be taken private in a record-breaking $55-billion leveraged buyout deal.
Intel has reportedly approached Apple about securing an investment in the struggling chip maker.
The South African president wants the tariffs that US President Trump is imposing on South Africa reduced.