Kagiso Media is placing a big bet on electronic sports and competitive videogaming with the launch of Mega8 eSports, which will host regular tournaments and offer “ample” prize money to players. The gaming platform was acquired by

Mastercard’s Masterpass now claims to be the most widely accepted digital wallet in South Africa after concluding a deal to allow consumers to use its wallet at the more than 30 000 SnapScan merchants in South Africa. Mastercard and SnapScan

Nasdaq-listed global asset management firm Carlyle Group is acquiring a majority stake in South Africa’s CMC Networks, which provides managed connectivity solutions for telecommunications operators across Africa. Investec Equity Partners will

The South African Reserve Bank left borrowing costs unchanged for a fourth consecutive meeting as it projects the inflation rate will fall back to within its target and the economy is set to expand at the slowest pace since a recession six years ago. The central bank

Hlaudi Motsoeneng says he does not need to be chief operating officer of the SABC to keep on transforming the lives of black people. “Actually I don’t need that title to change South Africa,” said the SABC’s group executive

Social development minister Bathabile Dlamini could not provide answers on Wednesday about her department’s readiness to take over the social grants scheme. Dlamini and members of the South African Social Security Agency