Paystack, the fintech start-up acquired last year by US fintech major Stripe, is establishing a presence in South Africa as it looks to cement its position as a significant player in the African online payments industry.
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Eskom doesn’t want to buy electricity from the company that won most of a government emergency power tender because it’s concerned about the cost and length of the contract, sources said.
IBM on Thursday said that silicon has at least one more generational advance in store, promising faster computers and smartphones that use considerably less power.
Fintech companies in Africa raised more capital in 2020 despite the Covid-19 pandemic, standing in contrast to their emerging market peers such as Latin America that saw a decline.
To meet the ever-growing demand for digital data storage, around 100 new hyperscale data centres are built every two years.
The Financial Sector Conduct Authority issued and withdrew a warning on South African cryptocurrency arbitrage company Ovex – all in the space of hours on Thursday.
The Post Office is mounting a campaign to enforce its monopoly over the delivery of small items. If it gets its way, it will inflict long-lasting damage on South Africa’s fledgling e-commerce industry. By Duncan McLeod.
MTN Group is making progress towards separating the company’s fintech business and sell a portfolio of South African towers as Africa’s largest wireless carrier continues to slim down.
Eskom said on Wednesday that it is unable to agree to certain union demands over wage increases and declined to make an offer on basic salary until labour groups respond.
Facebook’s oversight board on Wednesday upheld the company’s suspension of former US President Donald Trump in a verdict that may signal how the company will treat rule-breaking world leaders in the future.