Net1, the company that used to manage the payment of social grants in South Africa, has appointed former Telkom and Eskom chairman Jabu Mabuza as chairman-designate of its board.
Emerging-markets private equity firm Actis has agreed to acquire electronic payments specialist Paycorp Holdings, part of South African financial services group Transaction Capital, in a blockbuster deal worth R937m. Paycorp has been a wholly
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