The Eskom Board has announced the appointment of Mr Johnny Dladla as acting Group Chief Executive with immediate effect.
The JSE has listed a cash settled merino wool futures contract on its Commodity Derivatives Market. The contract allows farmers and wool buyers to protect themselves against movements in the wool price.
Data management and cloud storage solutions provider NetApp has appointed Morne Bekker as the new South African Country Manager and District Manager for the SADC Region.
Vodacom has extended its Fibre-To-The-Home (FTTH) network through signing new lease agreements with third-party network infrastructure providers Link Africa, Octotel, Frogfoot and Waterfall Access Network (WAN).
Broad-Based Black Economic Empowerment in the South African mining industry is regulated by the Broad-Based Black-Economic Empowerment Charter for the South African Mining and Minerals Industry (MiningCharter).
Africa’s integrated facilities management company Servest has appointed Xolani Zuma as its new Managing Director to lead Integrated Solutions in South Africa and Africa.
Fintech startup Direct Debit recently launched E-Mandate, a valid electronic agreement that allows customers to sign and authorise debit orders and recurring payment transactions online from any web-enabled device.
Harvard University opens its first cross disciplinary research Center for African Studies on the African continent
Harvard University’s Center for African Studies has opened its first Africa office in Johannesburg South Africa
fastjet has increased the number of flights on its route between Johannesburg and Harare, and launched a fifth seasonal flight from Harare to Victoria Falls.
South Africa’s latest unemployment figures make for sombre reading. While official unemployment is now 27.7 percent, the most affected group is young people under the age of 35.
Vodacom Group has announced the appointment of Jabu Moleketi as Non-Executive Chairman and Saki Macozoma as a lead Independent Director with effect from 19 July 2017.
Pan African telecoms group Liquid Telecom has announced that Neotel’s enterprise operations will officially rebrand to Liquid Telecom South Africa with immediate effect.
[South Africa] DBSA secures $200m loan from Standard Chartered for key infrastructure projects in Africa
Standard Chartered Bank has signed a $200 million term loan to the Development Bank of Southern Africa, DBSA.
ACM Gold has announced the imminent upgrade to MetaTrader5 (MT5) in the company’s quest to deploy exceptional trading platforms in the ever changing forex trading world.
Showmax, a South African digital entertainment service, has begun the production of it’s first original series. The mockumentary called Tali’s Wedding Diary will star Julia Anastasopoulos.
The Department of Trade and Industry (the dti) and the United Nations Development Programme (UNDP) have partnered to implement trade and regional industrialization programmes.
The E190 has received type certification from South Africa’s Civil Aviation Authority.
[Column] Brett Parker: How homegrown innovation is solving many of Africa's most pressing challenges
By now, I am convinced that you have heard of M-Pesa, the popular and often-cited mobile banking system that has become Africa's innovation calling card.
JSE-listed Hulisani Limited, an investment holding company focused on energy opportunities has appointed Marubini Raphulu, Hulisani’s chief investment officer as CEO with effect from 1 July 2017.
Rand Merchant Investment Holdings through AlphaCode and Nedbank Private Equity through its private equity investment vehicle, BoE Private Equity Investments, have each acquired minority shareholdings in Entersekt.
On Saturday 10th June, the debt review industry will be holding it’s breath to see who the big winners in this year’s Annual Debt Review Awards will be.
South Africa is fostering closer trade relations with Mozambique to accelerate and strengthen economic and trade relations to boost growth and add value to both countries, Minister of Trade and Industry, Dr Rob Davies said.
Builders Warehouse has unveiled the North Riding store as the first to make use of renewable energy. The store has a 126 kilowatt peak plant which consists of 400 roof-mounted polycrystalline PV panels.
Ascendis Health recently declared the acquisitions of Sunwave Pharma SRL and NHP Natural Health Pharma unconditional, together with Cipla Agrimed Proprietary and Cipla Vet Proprietary.
[South Africa] Anchor Private Clients picks InvestCloud to offer communication solutions to its customers
InvestCloud Inc., a global FinTech firm, has been appointed by Anchor Private Clients, the private client division of JSE-listed Anchor Group, to provide digital client communication and client reporting solutions.
JSE-listed Hulisani Limited. an investment holding company focused on energy opportunities, has announced its acquisition of Momentous Technology for R122 million.
Vodacom and the Eastern Cape Chamber of Business (ECCOB) have announced a new partnership to assist with the digitalization of SMEs in the province.
Rakesh Parbhoo has been appointed the CEO of Westcon-Comstor Southern Africa, a value-added technology distributor of category-leading solutions in Security, Collaboration, Networking, Cloud and Data Centre.
In April, Vodacom announced that it had been awarded the contract to supply a School Management Solution to the Eastern Cape Department of Education to help with the administration of schools in the province.
After five years and more than $305 million, the Phillip and Patricia Frost Museum of Science in Miami opened its doors to the public in early May this year.
The Mobilitas-AGS group’s new multimodal logistics platform in Gauteng province, South Africa has officially been delivered.
FactSet, a global provider of integrated financial information has opened a new office in Johannesburg as it seeks to grow presence in Africa
Until recently, the wireless sector of the telecoms market prioritised the performance increase in base stations and subscriber terminals.
Vodacom has announced its agreement to acquire a 34.94 percent stake in Kenya’s Safaricom, the global mobile money pioneer, for R34.6 billion ($2.6B)
JSE listed Capital Appreciation Limited (JSE: CTA) has acquired 100 percent of Synthesis Software Technologies for R132.1 million.
The U.S. Trade and Development Agency has awarded a grant to Pele Green Energy (Pty) Ltd, a South African independent power developer based in Johannesburg.
[South Africa] Department of Trade & Industry, Woolworths and the IDC inspire black women entrepreneurs
The Department of Trade & Industry (dti), Woolworths and the Industrial Development Corporation (IDC) have officially opened the doors of K9 Pet Foods’ new 3 600 m² factory premises in the Western Cape.
High tech brand company involved in sale of tractors and harvesting machines Fendt has introduced to the South African market four tractors as it seeks to establish a toe hold in the African market.
[South Africa] $2million Vulindlela Heights Industrial Park unveiled as part of government radical economic transformation
Government’s radical economic transformation received a boost with the launch of the Vulindlela Heights Industrial Park in Mthatha, Eastern Cape.
Silicon Valley analytics software company FICO has announced that Discovery Health in South Africa is using the FICO® Decision Management Suite to process as many as 100,000 transactions a day.
Shield, South Africa’s deodorant selling brand, has announced a partnership with Chelsea Football Club. The two champion brands have come together to celebrate and inspire South Africans who are making moves - both on and off the field.
Safaricom Limited has noted the announcement by Vodafone Group Plc regarding the proposed transfer by its wholly-owned subsidiary, Vodafone International Holdings B.V., of part of its indirect interest in Safaricom to Vodacom Group Limited, its sub-Saharan African subsidiary.
[South Africa] African and global business leaders in IGD Frontier 100 Forum on job creation and inclusive growth
Accelerating private sector action to create jobs in key sectors to promote business growth and absorb the millions of African young people entering the workforce in Africa topped the agenda of the Initiative for Global Development's Frontier 100 Forum, held in Durban, South Africa.
South Africa’s downgraded status by international agencies is likely to have significant impact on the construction industry as the cost of credit rises, particularly in existing contracts.
As Internet connectivity needs continue to grow exponentially, the move towards cloud-based services and big data requirements increases.
KPMG in South Africa has launched a Learnership Incentive Tax Tool (LITT), an app that provides an additional tax deduction for registered learnerships.
Fast growing strategic communications firm KG&A Advertising has secured a partnership with pan African broadcast content provider, Orama Media Group to manage its media space and offer strategic research across Africa for its soon-to-be-launched This Week in Africa business programme.
[South Africa] Johannesburg Chamber of Commerce and Industry signs export, import and investment MOU with China Trade Council
The Johannesburg Chamber of Commerce and Industry and the China Council for the Promotion of International Trade have signed a Memorandum of Understanding (MoU) to enhance liaison and cooperation in the fields of export, import, investment, business information
South African employers must take cognisance of the Compensation for Occupational Injuries and Diseases Act (COIDA), which replaced the Workman’s Compensation Act in 1993 – specifically because of incentives for registration and payment, but also because of penalties for non-compliance.
MTN Group has signed a non-binding preliminary agreement to invest approximately R540 million into Iranian Fixed Broadband Provider, Iranian Net, for a 49% stake.
New Energy Minister Mmamoloko Kubayi has admitted that South Africa sold much of its strategic fuel stock last year‚ contradicting her predecessor‚ Tina Joemat-Pettersson.
Roughly half of the African continent already has competition legislation in place, although some of these systems are not yet functional, and there are new systems coming into force all the time.
Established in 2012 as Africa’s first neutral Internet eXchange Point (IXP), NAPAfrica has grown 7-fold to become not only the largest in Africa, but one of the top three IXP’s in the Southern Hemisphere, as well as the regional internet traffic hub for sub-Saharan Africa.
Partnership between SAP SE and German Government Boosts Digital Skills Development in Developing Countries
By the end of 2016 SAP SE and Germany's Federal Ministry for Economic Cooperation and Development (BMZ) signed a historic agreement to strengthen tech entrepreneurship in developing countries under the BMZ's Make-IT initiative.
Notwithstanding the current economic and socio-political uncertainty, numerous companies in Africa are still positive about the growth potential of the continent.
2U, Inc., a leader in partnering with colleges and universities to deliver the world's best digital education, has announced, that it has entered into an agreement to acquire GetSmarter a leader in collaborating with universities to offer premium online short courses to working professionals.
Sappi Southern Africa, a subsidiary of Sappi Limited, the world’s largest manufacturer of dissolving wood pulp (DWP), has selected Kuehne + Nagel as its preferred partner for seafreight order management.
Econet Media has signed a multi-territory broadcast agreement with TURNER which includes some of its most acclaimed kids and news channels. This agreement is significant as it adds some of the world’s most loved broadcast brands to Kwesé TV’s diverse content offering which is premised on delivering premium programming for the whole family.
Norilsk Nickel has served notice that it intends to commence legal proceedings in Botswana against the Government of Botswana in respect of its involvement in the reckless trading of BCL Limited and BCL Investments Proprietary Limited.
On Wednesday 26 April 2017, the Western Cape High Court in South Africa ruled that certain of the South African Government's decisions in respect of the procurement of nuclear new generation capacity, were unlawful and unconstitutional and were set aside.
Artisan Training Institute (ATI), a leading technical skills training organization and the MasterCard Foundation have partnered to launch a program that will bolster the capacity of Training, Vocational, and Educational Training institutions (TVETs) to provide quality education to young people in South Africa’s artisanal and skilled trades sectors.
Blue Label has announced that Wayne McCauley will be joining the Group as Chief Operating Officer of South Africa, based in Johannesburg. In this new position, Wayne will be responsible for developing, implementing and managing corporate and business strategies. He will report to Mark and Brett Levy, Joint CEO’s of Blue Label.
VAST Networks, a leading open access Wi-Fi provider, is set to give 1.5 million Gauteng township residents an affordable alternative to access the Internet.
South African low-cost airline FlySafair has entered into an agreement with Hahn Air to distribute its flight via travel agents worldwide. The airline’s inventory will be available for ticketing on the Hahn Air HR-169 document in all major Global Distribution Systems (GDSs) worldwide.
IFC, a member of the World Bank Group, is investing $22 million to support the expansion of Bounty Brands, a South African platform that sells food, personal care and home care goods in over forty countries globally.
Kaspersky Lab introduces new partner program in Africa to drive business growth for managed security services providers
Kaspersky Lab has launched a new partner program in Africa, aimed at managed service providers (MSPs) that already offer security services or would like to add them to their current portfolio.
Synthesis Software Technologies, today announced that it has achieved Advanced status as an AWS Partner Network (APN) Consulting Partner.
The South African Competition Commission has referred a supplier of the main ingredient in bricks used in the construction of affordable housing to the Competition Tribunal for charging excessive prices.
MTN and Huawei have partnered to bring the first LTE Licensed Assisted Access (LAA) network in Africa. LTE LAA is an evolution of the LTE-Unlicensed mobile technology, which enables LTE to utilise unlicensed spectrum to significantly enhance network capacity.
African low-cost airline fastjet’s growing team of aviation specialists receives another addition this week as former South African Airways Chief Commercial Officer Sylvain Bosc joins the carrier to lead its commercial activities.
The latest version of the Xbox range, the Xbox One S, was made available for purchase on Monday. The One S is an update on Microsoft’s Xbox One and comes just months before the release of the Xbox Scorpio at the end of the year.
Foreign investors have been snapping up South African banking stocks, enticed by the cheapest valuations relative to emerging-market peers since 2011, even as the country’s downgrade to junk deepened a broad equity selloff.
The South African satellite industry is taking yet another step forward as a player in the international arena with the launch of two South African built nanosatellites from Cape Canaveral in Florida within the next few days.
The Crazy Store, South Africa’s largest discount variety chain, has announced that it will not only open its 300th store, but will also expand its African footprint to include Botswana.
South African fintech company, Entersekt has won Best Mobile Security Technology in the 2017 Banker Africa Southern Africa Banking Awards.
OfferForge, the leading online lead generation and consumer acquisition firm in South Africa is now enabling publishers to greatly expand value to consumers by reducing their mobile airtime bill.
Vodacom has successfully demonstrated the first broadband multimedia trunking solution on a commercial LTE network in Africa.
Wirecard AG acquired all shares of MyGate Communications (Pty) based in Cape Town, South Africa.
KNF Ventures, a SARS-approved section 12J Venture Capital Company dedicated to investing in South African innovation-driven ventures with proven traction, has announced that it is investing in the online ticketing services solution scale-up company, Quicket.
Free Public WiFi has been announced as the “Runner-Up” in Mozilla’s Equal Rating Innovation Challenge with a funding award of US$75,000.
SAP Africa has appointed Dr. Adriana Marais to take on the role as Head of Innovation. based at the head office in Johannesburg.
South African online retail store, Rabaki.com is now giving locals an opportunity to become part of the outlet and earn a 5% commission in return.
Facebook has moved its Johannesburg offices into new premises, creating a new home for the company to work with its partners to boost innovation and provide an African home for the Facebook culture.
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.
The African Institute for Mathematical Sciences in partnership with the Government of Rwanda, today announce the launch of AIMS in Rwanda.
Thebe Investment Corporation announced today that it has closed on the acquisition of a majority stake in Clear Asset (Pty) Ltd – a move that creates a leading black owned online auction house.
Zensar Technologies, a leading provider of digital solutions, software and infrastructure services, announced that it has entered into a formal MOU with the Tshwane University of Technology (TUT), Pretoria, South Africa
Kieran Whyte, a partner specialising in energy and infrastructure projects in Baker McKenzie's Johannesburg office, has been appointed to serve on the International Project Finance Association (IPFA) Council in South Africa.
A R65 million partnership between Trinity Telecoms, a leading IoT platform provider, and Comsol Networks, has been sealed with the establishment of COMSOL IoT Connect.
Air Seychelles, the national airline of the Republic of Seychelles, has launched flights from Seychelles to Durban, its second destination in South Africa.
Vodacom has partnered with PTC to launch a local version of the ThingWorx Internet of Things development platform.
Sage, the market and technology experts in integrated accounting, payroll & HR and payment systems, today announce that Sage One Payroll will be available in Kenya from 3 April.
FTI Consulting today announced the further expansion of the firm’s Forensic & Litigation Consulting segment with the launch of a practice in South Africa and the appointment of five senior professionals
Vodacom has taken a significant step to further expand its Internet of Things (IoT) offering by partnering with global technology solution provider PTC, a recognised leader in Industrial IoT, augmented reality and connected solutions.
Electricity company NamPower has signed a new five-year power supply agreement with South Africa's Eskom. The parastatal's spokesperson, Tangeni Kambangula, said in a statemen
Leading global law firm Baker McKenzie has expanded its tax practice in Africa with the appointment, from 1st June 2017, of a market leading tax team headed by Stephan Spamer from ENSafrica.
Financial services group Sanlam is set to announce further investment in Zimbabwe’s Masawara Insurance, increasing its stake in the company beyond the 40 percent it holds.
Cirrus Managed Services has been licensed as an authorised Financial Services Provider (FSP) by the Financial Services Board (FSB) to provide intermediary services to long-term insurers.
The rapid growth of the connected world has resulted in the development of several forward-thinking SaaS solutions aimed at a successfully connecting with a customer online.
Routed, a true cloud service provider, has launched its vendor neutral cloud platform to offer what the company believes South Africa needs: a cloud platform that is reliable, scalable and secure.