Zapper is considering options to raise capital, including a stake sale, that could value the start-up at nearly $1-billion, sources said.
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Cape Town has threatened to scrap contracts with companies including EOH, EY and Nedbank after the firms were named in the Zondo probe into state capture.
South African regulators are stepping up efforts to break the oligopoly of the country’s top auditing firms after accounting scandals involving two of the Big Four failed to do the job for them.
National treasury is keeping mum over claims that it has recommended the suspension of South Africa’s controversial set-top box production. Set-top boxes decode digital signals for analogue television