South Africa’s largest technology distribution group, JSE-listed Alviva Holdings, is in talks to acquire rival Tarsus, well-placed sources have told TechCentral.
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Key South African data released this week suggests a record economic contraction in the second quarter as the damage wrought by a nationwide lockdown becomes clear.
Pele Green Energy plans to expand its wind and solar projects in Africa after raising capital with the help of Investec, the South African and UK specialist bank.
It’s not only the economy at stake. South African society is also at risk if the government extends a five-week lockdown without allowing more industries to get back to work.
Vox has more than doubled its planned roll-out of fibre broadband infrastructure and is now aiming for as many as 400 000 homes passed in the coming years, up from the 140 000 previously targeted.
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