Shareholders in telecommunications company Vox, including Rand Merchant Bank, have agreed to buy out fellow investor Investec as part of a R2-billion recapitalisation of the company.
Samsung’s tap-and-pay service is coming to more banks. The company said on Monday that Samsung Pay will soon work for Investec and Discovery Bank account holders.
Investec has demonstrated a digital identity system anchored in the ethereum blockchain that its believes could enhance trust and security in South Africa’s financial system.
Vox Telecom shareholders are looking to sell the South African network provider for about R3-billion to take advantage of consolidation in the industry, according to two people familiar with the matter. Owners including
Despite widespread calls that data prices must fall to broaden Internet access, government and business remain at loggerheads on the subject. Telecommunication has been earmarked as a sector that can promote
Naspers is asking Investec to withdraw an analyst report that it says contains errors and has damaged Africa’s biggest company by market value and its shareholders. In a 22 January report, Investec analysts said the Cape Town-based
In this episode of the TechCentral podcast, Duncan McLeod chats via Skype to wiGroup founder and CEO about the investment the mobile loyalty software company has attracted from Richard Branson’s Virgin Group and global
Richard Branson’s Virgin Group and retail solutions provider Smollan have acquired a stake in Cape Town-based mobile loyalty software company wiGroup, joining Investec Asset Management and Crossfin Technology Holdings
Dark Fibre Africa, the fibre telecommunications company in which JSE-listed Remgro holds a 50.9% stake, is in talks to buy fibre-to-the-home broadband infrastructure provider Vumatel, according to
In what its backers are calling “potentially a world first for a major grocery retailer”, shoppers were for a “limited time” able to pay for their groceries using bitcoin at a Pick n Pay retail store in Cape Town. In a