Allan Gray, one of South Africa’s biggest money managers, said it’s “increasingly concerned” over the running of Net1 UEPS Technologies, a company whose lending practices to people on welfare have been criticised as unethical by

Researchers from the South African Astronomical Observatory have helped find a new exoplanet, 320 light years from Earth, that exhibits unusual characteristics. SAAO, with other researchers from around the world, found

WorldRemit, a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile payment platforms and expatriates send cash home. The seven-year-old

Mastercard will work with South African partners to bring biometric cards to local consumers by the end of the year. The development follows two separate trials conducted recently with Pick n Pay and Absa. South Africa is the first

South Africa’s inflation rate fell to a six-month low in March after food price increases slowed. Consumer inflation eased to 6,1% from 6,3% in February, Statistics South Africa said in a report released

Vodacom Group’s Tanzanian unit has received regulatory approval to extend the deadline of its share sale for three weeks, allowing investors more time to take part in the country’s biggest initial public offering