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
Browsing: Investec
South Africa’s economy fell into a recession for the first time since 2009 after it contracted for a second straight quarter in the first three months of the year. GDP shrank an annualised 0,7% in the first quarter
MTN Group’s former video-on-demand provider, Discover Digital, is starting a new South African online TV service with lender Investec, just days after its partnership with Africa’s biggest wireless operator was cancelled. The closely
A finding by the South African antitrust regulator that more than a dozen local and international banks colluded to rig foreign-currency trades will bolster government accusations that the nation’s biggest lenders
A South African bank has become the go-to funding source for the US rooftop solar industry just two years after entering the market. Investec arranged $880m in debt financing for rooftop solar developers and financiers in 2016. That’s
Clive Butkow, a former management consultant who spent 28 years at Accenture (formerly Arthur Andersen), is building a new, R100m fund for high-potential South African start-up technology businesses
South African Reserve Bank (Sarb) governor Lesetja Kganyago announced on Thursday that the Bank’s monetary policy committee has decided to leave the interest rate unchanged. This means the repo rate, which is the interest rate at which
Business leaders have rallied around finance minister Pravin Gordhan as he faces police investigations into allegations that he oversaw the establishment of an illicit investigative unit during his tenure as head of the national
Large independent cellular service provider GloCell is in play, TechCentral has learnt from well-placed industry sources. A number of companies are believed to have expressed an interest
The Guptas and Duduzane Zuma resigned from Oakbay Investments and Oakbay Resources and Energy on Friday to facilitate the sale of the Optimum coal mine from Glencore to Oakbay, the Democratic Alliance claimed. Their resignation “is an insult