A look at South African tech start-ups whose global acquisitions delivered big exits for founders and international impact.
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Xneelo has begun construction on a second data centre at Samrand in Gauteng.
A partnership between four financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand.
The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market.
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Ayo Technology Solutions is at least partly an illegitimate business and has fabricated financial statements, according to Ayo’s former chief investment officer.
An electricity supply crisis is looming in South Africa that could make intermittent outages in the past few months seem trivial by comparison.
Ayo Technology Solutions allegedly rushed the listing process due to fears that it would not be able to secure funds from the PIC after the ANC elected a new leader at its December conference.
Cisco South Africa has launched a R10-million incubation hub north of Durban. Located at Dube Trade Port, near King Shaka International airport, it’s the second such facility to be build by Cisco in the country.
Here’s something for recently emboldened crypto enthusiasts to mull: bitcoin is now at its most expensive level since just before the spectacular crash of the most widely owned digital currency.
Tanzania charged five employees of Vodacom Group’s local unit, including MD Hisham Hendi, with allegedly depriving the government of more than 11-billion shillings (R68-million) in revenue.
