[South Africa] Argility solidifies software technologies portolio with latest acquisition of Indaba Mobile
South Africa innovator of enterprise software solutions, Argility, has announced its latest acquisition following on the heels of its formation of the Argility Technology Group late last year.
In a dual development set to transform Africa’s access to China as well as simplify the ability of Chinese to transact in Africa, Standard Bank has signed an agreement with UnionPay International to accept UnionPay cards in multiple African markets.
South African based motor dealer Halfway Ford, of Kuils River, in the Western Cape is virtually off the grid in terms of electricity supply and uses a minimal amount of water from the municipal supply.
Austin Zungu a South African entrepreneur is developing a one-of-a-kind inbuilt power harvesting technology that reduces dependency on plug-in-charging while providing eco- friendly power to mobile communication devices.
The Economic Partnership Agreement between the European Union and the Southern Africa Development Community has become the first regional EPA in Africa to be fully operational after its implementation by Mozambique.
Eskom’s Koeberg nuclear power station has launched a mobile groundwater desalination plant, which will take care of the station’s water needs, thus easing the pressure on the City of Cape Town’s water supply.
SloanLED, a company providing LED technology, has won a national rollout LED lighting upgrade with Engen, one of Africa’s leading energy companies.
Isuzu Motors has launched its business operations in South Africa. This follows the announcement of last year where Isuzu had said that it would purchase the light commercial vehicle operations in Port Elizabeth.
Zensar Technologies has won the mandate for providing JD Edwards 9.2 implementation for Africa’s leading specialty chemicals conglomerate, SynChem.
Rwanda’s national carrier RwandAir is set to commence flights to Abuja in Nigeria and Cape Town in South Africa. RwandAir will operate four weekly flights from Kigali to Cape Town with a stopover in Harare.
South African impact investor, E2 Investments (Pty) Ltd has announced its investment of R4.6 million in Numeric, a non-profit social enterprise delivering after-school mathematics to thousands of learners in South African primary schools.
Global information technology provider NEC Corporation has announced an increase in investment in XON Holdings Proprietary Limited, an ICT solutions company based in the Republic of South Africa, making it a subsidiary through NEC Europe Ltd.
A tax app named hApp-e-tax has launched, offering everything accountants, auditors, tax practitioners, lawyers, those in business and students need to know about South African income tax legislation.
The Agricultural Research Council, in partnership with the South African Table Grape Industry and Culdevco will launch the seedless breeding red table grape variety called Joybells.
IFC, a member of the World Bank Group, has announced new financing of R1.2 billion, $100 million, to support FNB’s lending to small and medium enterprises, with a focus on women-owned businesses.
[South Africa] Woolworths picks Centric Software to provide product lifecycle management solutions for its fashion business
Woolworths Proprietary Limited, a prominent South African retail chain, has selected Centric Software to provide its Product Lifecycle Management (PLM) solution for its Fashion, Beauty and Home business.
[South Africa] Nedbank and FEXCO launch dynamic currency conversion payment solution partnership targeting merchants
Nedbank and FEXCO have announced a partnership through which FEXCO's dynamic currency conversion solution will be provided to Nedbank merchants and their international customers throughout South Africa.
South Africa seems to be following the trend in the US to legalise cannabis. Last year, Judge Dennis Davis ruled in a full bench decision of the Western Cape High Court that the use and cultivation of cannabis by an adult in a private home is constitutionally legal.
Integrated oil and gas company Total has signed an agreement to sell a 25 per cent interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum.
Enterprise open source infrastructure solution provider, SUSE, has named Aptronics as its first Solution Partner in South Africa for the solution areas of SUSE Enterprise Linux and Storage.
The Nyaradzo Life Assurance Company has contracted SilverBridge to provide it with a cloud-based system for managing various product portfolios including life and pension policies.
Africa Data Centres, part of the leading pan-African telecoms group Liquid Telecom, has today launched newly-expanded data centres facilities in Johannesburg and Cape Town, South Africa.
A2X Markets, a new, independent stock exchange, has joined Africa’s largest and only vendor neutral data centre, Teraco, to bring its fast trading platform closer to clients.
South African Deputy Minister of Trade Mr Bulelani Magwanishe and the Ugandan Minister of Trade and Industry, Ms Amelia Kyambadde have committed to facilitating trade and investment flows between their respective countries.
Volkswagen has launched its new Polo and showcased the R6.1 billion, $514 million, investment in its plant and new products.
Oman Air, the national carrier of the Sultanate of Oman, has announced the appointment of Holiday Aviation as General Sales Agent (GSA) for South Africa.
The Integer Group®, a commerce agency and a key member of Omnicom Group Inc., has announced a partnership with Sandton-based shopper marketing agency Hot Spot as its South African affiliate.
nChain Group, the leading blockchain research and development firm, has taken an equity stake in Centbee, a Bitcoin wallet provider that makes it easy for global consumers to acquire, hold and spend Bitcoin with retailers and other merchants.
African Infrastructure Investment Managers, one of Africa’s infrastructure equity investment managers and a member of Old Mutual Alternative Investments, today announces its acquisition of a minority stake in the Amandi IPP power plant in Ghana.
Freelancing has found a new name in the digital era. A ‘Gig’ is simply a task performed as a once-off freelancing job, but because the trend towards freelancing has grown so significantly, a new economy has been born: the ‘Gig Economy’.
A mobile phone app, which has been developed to make high-quality maths education free and accessible to students from various socio-economic backgrounds, will be launched in South Africa in April 2018.
Grad Coach, a popular provider of 1-on-1 online tutoring to business, management and leadership postgraduate students, has taken a bold step into the podcasting arena by launching Grad Coach Radio.
The members of the International Monetary and Financial Committee of IMF, have selected Mr. Lesetja Kganyago, Governor of the South African Reserve Bank, as Chairman of the Committee for a term of three years.
The Airports Company of South Africa (ACSA) and Wits University’s Tshimologong Digital Innovation Precinct have partnered to launch a security access management hackathon.
According to new data published by the World Bank, South Africa’s economy is forecast to increase to 1.1 percent this year.
Fintech continues to surprise with little to touch the rise of bitcoin and cryptocurrencies in 2017. This will continue in 2018 and I make some predictions based on what we see happening globally and what we see taking place with our members at AlphaCode.
Following the announcement of the NSC Matric Results by the Minister of Basic Education, Vodacom has recommitted to provide approximately 110 students with bursaries worth R12 million annually to take up studies at higher institutions.
Atlas Copco, a provider of sustainable productivity solutions, has completed the acquisition of the assets of Renegade Drilling Supplies Proprietary Ltd., a South African manufacturer and distributor of drilling consumables for mining exploration.
MTN and Ericsson have joined forces in South Africa to showcase the first 5G testing on the African continent, according to a company statement.
South Africa based fintech company Sygnia has launched the Sygnia Stabilized Growth Fund to the institutional market, a brand new concept in managing retirement fund savings.
Sandhills South Africa is set to open an office location in Johannesburg. The company distributes MarketBook South Africa—a print publication and online marketplace.
South African Government reaches agreement on potential acquisition of Chevron South Africa by Sinopec
Sinopec - one of China's largest state-owned companies - has undertaken to invest R6 billion in South Africa to upgrade and modernize the Cape Town-based oil refinery owned by Chevron South Africa.
South African Airways (SAA) has announced a code-share agreement with TAAG Angola Airlines.
GLOBALHealthPR®, an independent health and science communications agency partnership worldwide has welcomed Johannesburg-based F/NE to its rapidly expanding global network.
One Thousand & One Voices, the U.S. private capital fund backed exclusively by leading families, announced that its first portfolio acquisition, Redsun Dried Fruit & Nuts Ltd., has concluded an investment in RTE Snacks, a producer of healthy, ready-to-eat trail mix products.
Latest data from the Zimbabwe National Statistics Agency (Zimstat) shows that Zimbabwe exported goods worth $2,182bn to South Africa between January and November last year against imports of $1,997bn, giving a trade surplus of $185m.
MTN Group, Africa's biggest mobile phone operator, has said that it assigned a $231 million shareholder loan to phone tower group, IHS Holding Ltd, impacting its 2017 profits.
Diasporans, through the Zimbabwe-South Africa (Zim-SA) Forum, plan to invest about $800 million in the country, targeting agriculture, aviation and mining sectors.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
2018 will see the commercial launch of Root – a bank account which comes with a programmable credit card, online banking interface, mobile app and APIs.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
The official process of the sale of Mercantile Bank by Caixa Geral de Depósito, a Portuguese state-owned banking and financial services group, can now proceed following legal approval by the Portuguese government.
Ayo Technology Solutions has listed on Software and Computer Services sector of the Johannesburg Stock Exchange Main board. AYO Technology is the 21st company to list on the JSE this year.
[South Africa] Castleview Property Fund becomes twentieth company to list on the Johannesburg stock exchange this year
Castleview Property Fund has listed on "Retail REITs" sector of the JSE's AltX board. Castleview is the 20th company to list on the JSE this year.
Singapore Airlines will be increasing flight frequency to Cape Town, South Africa, to meet growing travel demand.
Ascendis Health announced yesterday the results of a fully underwritten renounceable rights offer to raise R750 million.
[South Africa] Fluor picked for construction management contract of Vopak fuel storage terminal in Durban
Fluor Corporation has been awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd. to deliver the Vopak Growth 4 Project in Durban, South Africa.
Alphamin Resources Corp. has taken a secondary listing on the Non-ferrous Metals sector of the Johannesburg Stock Exchange AltX Board.
MRI Software, a global provider of real estate software solutions has acquired MDA Property Systems, a property management and accounting software company based in Cape Town, South Africa.
Triton Digital®, the technology provider to the global audio industry has partnered with South Africa’s digital publisher solutions company, 365 Digital, with 365 Digital leveraging the industry’s leading programmatic audio marketplace.
Teraco, Africa’s largest and only vendor-neutral colocation data centre, today announced the availability of Amazon Web Services (AWS) Direct Connect through Teraco’s Johannesburg JB1 and Cape Town CT1 data centres.
Traverse King is the co-founder of Test Heroes Consulting, a South African startup that has positioned itself as the market leader in testing web and standalone applications to improve productivity and minimize business costs.
The hunt is on for a new breed of leader throughout Africa – professionals who can successfully lead and grow companies with a dual mandate of economic and social returns.
Imperial Logistics was recently awarded a revised license for their pharmaceutical bonded warehouse in Centurion, South Africa.
Eagle Technology, Inc., has announced a new international partnership with Production Solutions SA. Together, Eagle Technology and Production Solutions SA will enable factories and manufacturers to implement Eagle’s multilingual CMMS software.
Rainmaker Solutions, the digital business transformation specialist has announced its support for the Team Bäckstedt HotChillee Development Rider Programme in South Africa.
[South Africa] Ford Struandale engine plant looks to expand production in 2018 as it marks milestone
The Ford Struandale Engine Plant in Port Elizabeth has reached significant production milestones this year as it gears up for expanded production to support the R3-billion investment in its local operations by Ford Motor Company of Southern Africa.
[South Africa] Sygnia Itrix 4th Industrial Revolution Global Equity ETF lists on the Johannesburg Stock Exchange
The Sygnia Itrix 4th Industrial Revolution Global Equity ETF has listed on the main board of the JSE making it the fifteenth exchange traded fund (ETF) to list on the JSE this year.
Continuum, the provider of vertically integrated IT service delivery platform that enables businesses to scale has entered into the Southern African market in partnership with Sovaton, the cybersecurity-focused distributors in the channel.
Decision Inc. has announced its merger with South African-based software solutions provider Resolve Immix. The merger will integrate Immix’s Enterprise Resource Planning and Customer Relations Management experience alongside Decision Inc.’s Information Management and Advisory Services.
Westbrooke Alternative Asset Management is now South Africa's largest Section 12J manager, looking after almost half of the capital invested in S12J funds in the country.
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
[South Africa] The Department of Trade and Industry creates 800 jobs with $4million investment in Dursot All Joy
The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe says the grant of almost R50 million, $4million, from the Department of Trade and Industry (the dti) has contributed to the creation of 300 permanent and 500 contract jobs in Modjadjiskloof, Limpopo.
Ford Motor Company of Southern is making a significant contribution towards developing basic computer literacy by launching a community information technology center.
Mazda Southern Africa has launched the Mazda Southern Africa Foundation Non Profit Company.
ENGIE announces that an agreement was reached with two South African energy services companies, Thermaire Investments and Ampair to acquire 100% of their respective shares.
An announcement on renewable energy projects will be made this week, according to Energy Minister, David Mahlobo, following a number of delays in signing independent power producer (IPP) deals.
During this time of economic uncertainty, businesses are leaning heavily on their workforce to ‘ride the storm’ and emerge stronger.
Flamingo Horticulture Investments (FHI Ltd), a Sun Capital Europe portfolio organisation, announced that they will make a further investment of $2.4Million in subsidiary business Dudutech, Africa’s leading Biological Pesticide Manufacturer.
Airlink and Safair, two independent South African aviation groups have applied to South Africa’s Competition Commission for approval to unite under the common umbrella of the Airlink group of companies.
CemAir Ltd of South Africa has concluded a firm purchase agreement for two new Q400 turboprops from Bombardier Commercial Aircraft and has also signed the lease of a used Q400 aircraft that has been delivered.
Globeleq, a developer, owner and operator of electricity generation projects in Africa, has increased its shareholding in the Jeffreys Bay Wind Farm, De Aar Solar and Droogfontein Solar power projects in South Africa.
Sandown Capital Limited has listed in the Equity Investment Instruments sector on the main board of the JSE becoming the 18th company to list on the JSE this year.
Rectron, a South African distributor of IT products, has announced the addition of Microsoft’s Cloud Solution Provider (CSP) programme to its portfolio, enabling clients to drive their Microsoft cloud business and grow their profitability.
At the inaugural African Fintech Unconference, a cross-section of professionals from the local and global fintech sectors gathered for two days to discuss key opportunities and challenges for fintech in Africa.
OUTsurance has launched an enhanced app including OUTthere, accidental death and injury cover that doesn’t require you to commit to monthly premiums.
The Acting Chief Executive Officer of Trade Investment Africa at the Department of Trade and Industry, Ms Lerato Mataboge says it is vital for South Africa and Angola to renew and strengthen their economic partnership.
De Beers Group today announced it is seeking expressions of interest from potential buyers for its Voorspoed mine in Kroonstad, Free State, South Africa.
Mimicking global trends, South Africa can expect an increased demand for cloud storage on the back of several trends including Microsoft's recent Azure announcement.
African Bank can now launch new credit strategies 30 percent faster at 25 percent lower cost and can make changes to credit strategies in two days instead of two months.
Globally mobile individuals, also known as expatriates or ‘expats’, who choose to live and work in South Africa, cite the adventure (74%), a better quality of life (72%), or to gain international experience (67%) as their reasons for accepting assignments in the country.
Pan-African entrepreneurial training program, seed fund, and incubator MEST has launched two new Incubator spaces in Lagos, Nigeria, and Cape Town, South Africa, as the program continues to expand its presence across the continent.
Ford is pioneering a new era for its dealer network in South Africa with the launch of the new Joburg City Ford dealership in Newtown, in the heart of Johannesburg’s bustling economic hub.
[South Africa] Wesbank partner with Haval Motors to offer finance products to the brand’s growing customer base
WesBank, a division of First Rand Bank Limited, has concluded an agreement with Haval Motors South Africa to provide finance products for the brand’s expanding customer base in South Africa.
Ascendis Health announced yesterday the launch of a fully underwritten renounceable rights offer to raise R750 million to settle a significant portion of the deferred vendor consideration payment owed to the sellers of Remedica Holdings.
Software as a Service (SaaS) and the cloud have become essential components to grow a business in the digital environment. Patrick Ashton, managing executive of Cirrus, a subsidiary of the SilverBridge Group, believes that insurers across Africa will significantly benefit from this shift in approach.
LXM has announced today a new 15a-6 chaperoning partnership with South African research provider Afrifocus Securities, further expanding its market-leading foreign broker dealer platform’s capabilities.
South Africa has taken up shareholding in the African Export-Import Bank (Afreximbank), the African continental multilateral trade finance institution.
Entersekt protects digital service providers and their customers from digital banking and payments fraud, particularly when transactions take place on mobile devices.
Mercedes-Benz Bus & Coach Southern Africa has unveiled their latest offering, the OF 1723 bus chassis. This product is geared to offer a reliable, durable and value for money alternative in the commuter bus segment.