Vodacom South Africa is partnering with device manufacturers to introduce the next chapter in the evolution of the Vodacom network, Enhanced Voice Services (EVS) – also known as Super High Definition (SHD) voice or HD Voice+ in a live commercial network.
Emerging market currencies that have already seen depreciation this year will continue to be susceptible to balance-of-payment crises, according to the External Vulnerability Index published by business information provider IHS Markit.
There is a great demand in Africa for cross-border payments and a need to regulate the payment industry on the continent while at the same time opening it up to include non-banks.
The National Credit Regulator (NCR) has issued a public warning against Charis Financial Services, an unregistered credit provider, conducting business in Pietermaritzburg, KwaZulu-Natal.
Quanergy Systems, Inc., a global leader in the development and manufacture of LiDAR sensors and smart sensing solutions, says Duxbury Networking will serve as the company’s first South African distributor.
The Chief Director of Space affairs at the Department of Trade and Industry (the dti), Ms Nomfuneko Majaja says that the Workplace Challenge Programme (WPC) has led to the sustaining of more than 50 000 jobs and creating a further 250 since it was founded.
The Department of Trade and Industry (the dti) will lead a group of filmmakers to Los Angeles in the United States of America to attend the popular American Film Market (AFM) from 30 October – 7 November 2018.
Testimony by SARS Executives at the Commission of Inquiry into Tax Administration and Governance by SARS has led to widespread reporting in the media that the eFiling system is on the verge of collapse.
Operator of the world’s first Globalized Network and leader in integrated satellite communications Intelsat, and Q-KON announced that Q-KON will introduce new, multiple high-speed broadband services powered by the IntelsatOne Flex for Enterprise platform.
Ford Motor Company has announced the appointment of Doreen Mashinini as General Manager, Marketing for South Africa and Sub-Saharan Africa.
The dream of producing the highly anticipated Ford Ranger Raptor has taken a big step closer to becoming a production reality with the first batch of trial units emerging from Ford’s Silverton Assembly Plant in Pretoria.
Global provider of nutrition and beauty products Organo has formally expanded its Africa footprint into South Africa.
Ugandan businesses are becoming increasingly mindful of competition requirements and domestic antitrust laws when engaging in commercial transactions in other African jurisdictions.
Ipsidy Inc., a provider of secure, biometric identification services, and Safetrade Africa, a technology development company specializing in payment processing i have entered into an agreement to offer Ipsidy's suite of biometric identity and authentication solutions to South Africa, African countries.
The Karri app, launched in April last year, has grown to just under 300 South African schools driven by parent and teacher demand for a solution to school payments.
Kevin Hedderwick has joined the Real Foods board as Group Strategic Director. Antony Ball, the former co-founder, CEO and major shareholder of Brait, has also joined the Real Foods board as of 1 October 2018.
Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index, produced by the Official Monetary and Financial Institutions Forum, and South Africa remains in top position.
Africa stands as a hub for online and digital fraud that is not only seriously affecting the regional economy but the security of global markets as a whole.
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
In response to a range of corporate scandals, speculation and innuendo that have characterised South African financial markets over the past year, the Johannesburg Stock Exchange (JSE) is embarking on a public consultation process.
South African Airways (SAA) has announced the appointment of Mr. Deon Fredericks from Telkom as SAA’s new Interim Chief Financial Officer (CFO).
South African SMEs are estimated to represent 90% of formal businesses, provide employment to about 60% of the labour force and contribute approximately 34% of the country’s GDP.
Philip Morris International Inc. has been recognized for the third consecutive year as a Top Employer in Africa, awarding the company’s commitment to creating an excellent work environment for its employees.
Cape Town has topped global water intelligence’s annual listing of the largest water tariff increases in 2018 with a 390% increase in the benchmark price of water and wastewater services.
Digitalisation expert, e4, has appointed Masego Khutsoane as its new Divisional Head of Financial Services. Khutsoane joins e4 with a wealth of experience having held senior positions within the JSE, Absa, Woolworths Financial Services and Nedbank.
The Nordex Group has received big-ticket contracts from South Africa to install a total of 80 AW125/3150 turbines for the “Garob” and “Copperton” projects.
South Africa-based original equipment supplier Weba Chute Systems has further extended its footprint into the northern hemisphere with the recent appointment of a licensee in Russia.
In a breakthrough for the South African manufacturer of nitrogen generators, NitraLife, the company has exported a NitraCut nitrogen generator into Africa.
VC4A has announced the eight Africa ventures that have been selected for the 2018 VC4A Venture Showcase – Series A.
DHL Express has been awarded most Top Employer in Africa for the fifth consecutive year, at the prestigious Top Employer Africa 2019 certification ceremony, held at the Sandton Convention Centre in Johannesburg.
South Africa has ratified the Tripartite Free Trade Agreement becoming the fourth country to do so after Egypt, Uganda and Kenya.
British luxury automobile maker Rolls-Royce has opened its first lease engine storage facility based in the South African Airways Technical (SAAT) site at Johannesburg’s Oliver Tambo International Airport, the busiest airport in Africa.
East Africa Legislative Assembly is adding its voice to the debate on greening the environment.
Black & Veatch has been tasked by the Defense Threat Reduction Agency (DTRA) to implement an electronic system that enables the inventory and management of biological materials at Kruger National Park in South Africa.
Software pioneer APD Communications has announced an alliance with South Africa technology company RapidDeploy to provide a complete hosted solution for control room operations globally.
Provider of secure payment technology Net 1 UEPS Technologies, Inc. has entered into a strategic relationship with Zapper, South African QR payments technology company with more than a million customers.
In today's advanced economies, manufacturing remains critically important to both developing and developed world.
KiteBnB will be expanding into South Africa and Mauritius through AccelerAfrica, a business development company that helps technology companies from Europe to penetrate the African market ina a smooth, fast and cost efficient manner.
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
Sumitomo Rubber South Africa, manufacturer of the popular dunlop, sumitomo and falken tyre brands, has launched its new, state-of-the-art truck and bus radial factory in ladysmith, kwazulu-natal.
Market access and penetration of established sectors of the economy still poses a challenge for most Black Industrialists trying expand their products and services locally and internationally.
Noble Systems Corporation, a global company in omnichannel contact center technologies, has announced further growth within Africa and Middle East region with the appointment of Les Forsman as the Country Manager for South Africa.
IT company Global Voice Group has announced the appointment of Mr. James Gabriel Claude as the new Chief Executive Officer of the company.
South Africa-based fintech company, Yoco, today launches Yoco Capital. Yoco Capital provides small businesses with fast, efficient access to a cash advance.
MultiChoice has appointed Nkateko Mabaso as the CEO of M-Net in Sub-Saharan Africa, effective immediately. Mabaso succeeds Yolisa Phahle who has stepped into the role of CEO of General Entertainment for the Video Entertainment segment.
With 31 914 flights in 2017, the route between Cape Town and Johannesburg was the 9th busiest between two airports in the world last year.
Aviation industry veteran, Wrenelle Stander, has been appointed Executive in charge of Comair's airlines division, the company's CEO, Erik Venter has announced.
Global technology company Sierra Monitor Corporation has announced the formal incorporation of Sierra Monitor South Africa.
The 2018 financial year proved to be a challenging year for South African mining companies. Globally, the financial performance of the mining industry improved considerably from the previous year.
Paul Ssali from global engineering and infrastructure advisory company Aurecon, was recently appointed to the Engineers Without Borders SA’s Board of Directors.
With South Africa having the most advanced and refined food and beverage market on the African continent, Frost & Sullivan believes in a 4 to 7 per cent estimated growth in the sector by 2020.
Asteroid and NAPAfrica have announced that they have entered into a Memorandum of Understanding to strengthen the friendship and cooperation between the two organisations, and to collaborate on developing African Internet interconnection.
South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard.
The South African Customer Satisfaction Index 2018 (SA-csi) for Municipalities survey reports that while Cape Town residents were the most satisfied with local government service delivery, overall satisfaction levels have declined in all municipalities across South Africa.
Martina Biene is the new Head of the Volkswagen Brand in South Africa, effective 1 October 2018.
Haval South Africa has opened a new dealership located on Izotsha road in Shelly Beach, KZN.
The African Development Bank has approved a $217.9 million loan to South Africa’s power utility Eskom Holdings Ltd, towards the upgrade and expansion of its transmission facilities.
SAEx International Ltd, a Mauritian company with its principal office in Mauritius, has announced plans to expand its reach to the US East Coast through Sparkle’s Pan-American network.
Water Now Incorporated, a player in water purification solutions, has announced a new five year strategic partnership with South Africa based African Horizon Technologies.
Week after week, headlines about the latest cybersecurity attack dominate the news.
Debbie Goodman-Bhyat, CEO of Jack Hammer, the largest independent executive search firm in Africa, says in the past year there has been a 75% increase in briefs from US-based businesses seeking assistance with leadership appointments in Africa.
Prodigy Finance announces that it has raised R14.39 billion in the last twelve months in available debt financing.
Scatec Solar has increased its ownership share in Kalkbult, Linde and Dreunberg in South Africa from 39 to 45 per cent.
South Africa’s efforts to strengthen its financial sector stability and improve financial inclusion got a boost with the signing of $4.6 million multi-donor Trust Fund program by the World Bank Group and the Swiss State Secretariat for Economic Affairs.
This week, the ever aggressive South African business world has seen two major companies, Vivo energy and Naspers all set to list on Johannesburg Stock Exchange (JSE).
Vodacom Eastern Cape region has embarked on a crucial network investment drive in that province and has already invested R300 million, about $21 million, over the past three years to ramp up network investment in deep rural areas of the Eastern Cape.
S&W Seed Company has created a joint venture with Canadian-based AGT Food and Ingredients subsidiary, AGT Foods Africa Ltd, to form a new company registered in South Africa.
Mounting pressure on financial service institutions has forced a change in strategy as disruptors redefine the competitive landscape.
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
The Department of Trade and Industry of South Africa, UNIDO and the Swiss State Secretariat for Economic Affairs have signed a €1.38 million project to support South Africa improve the international competitiveness of indigenous essential and vegetable oils.
Naspers’ Classifieds business, OLX Group, has announced an investment of ZAR 1.4 billion in South Africa’s specialised car buying service, Webuycars.
Naspers has announced its intention to list its Video Entertainment business separately on the Johannesburg Stock Exchange (JSE) and simultaneously to unbundle the shares in this business to its shareholders.
NETSOL Technologies, Inc., a global business services and enterprise application solutions provider, has successfully implemented its NFS Ascent Contract Management System (CMS) in South Africa for a leading German auto captive.
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost the economic development of Africa on 10th September 2018.
Africa50 shareholders have approved the expansion of the Board of Directors to include at least half independent directors.
The South African business delegation that will take part in the World Food Moscow is in Russia to seek export opportunities in the local agro-processing market.
Vivo Energy plc, a pan-African retailer and marketer of Shell-branded fuels and lubricants, has announced that Vivo Energy will be included as a constituent of the FTSE 250 Index and the JSE All Share Index later this month.
Azinam Limited, the Seacrest Capital-backed South West African oil exploration company, has acquired a 40 per cent operating interest in Block 3B/4B and a 51 per cent operating interest in Nearshore Block 3B/4B in the Orange Basin, offshore South Africa.
ADvTECH has announced the acquisition of Monash South Africa (MSA), a leading South African private tertiary education institution with students from more than 50 countries.
As part of employee volunteer programme, Samsung has arranged the Global Start-up Acceleration Programme in South Africa, in partnership with (SEDA) and NGO Nangila to mentor start-ups in various fields to support the sustainable growth of entrepreneurs.
Sygnia shares begin trading on A2X today under share code SYG. Sygnia is the eleventh issuer to secondary list on the exchange. Sygnia retains its primary listing on the JSE.
Raven Property Group Limited has listed on the Johannesburg Stock Exchange (JSE) Main Board.
Cobus Visagie is a chartered accountant and entrepreneur, founder of Africa Merchant Capital, an institution focused exclusively on merchant banking finance and solutions.
Nedbank has partnered with Mastercard to launch Qkr! with Masterpass, a mobile order-ahead and payment platform developed by Mastercard Labs.
Comsol Networks, a leading provider of enterprise-grade wireless infrastructure, and Samsung South Africa have lit up Vilakazi Street in Soweto with a live 5G pilot network.
Opera and Worldreader, the global nonprofit that believes everyone can be a reader, announced on the International Literacy Day that African mobile users have spent more than 4 millions hours of reading books on their mobile phones in 2018.
Subject to regulatory approval, Tokio Marine will acquire a 22.5% stake in Hollard South Africa and Hollard International for approximately R5 billion, fulfilling Hollard’s long-held goal of partnering with a major international insurance group.
ADvTECH hass announced the acquisition of Monash South Africa, a leading South African private tertiary education institution with students from more than 50 countries.
China Mobile International Limited (CMI) has opened a South African office in Johannesburg.
Vodacom region has announced that it has invested over a quarter of a billion rands on capital expenditure over the past two years, targeted primarily at expanding its 3G and 4G footprint.
China Telecom Africa and Middle East has today announced that it is establishing an inter-connection network and telecommunications hub to support growing traffic demands at Teraco Data Environments.
The Department of Trade and Industry (dti) and the motor industry are now close to finalizing the South African Automotive Masterplan which will come into effect in January 2021 and run until 2035.
Global Sports Commerce (GSC), one of the world's largest sports, technology and management companies, has acquired a strategic stake in South African-based company Megapro Holdings.
Vodacom has announced that it has invested over R270 million, approximately $17 million on capital expenditure over the past two years, targeted primarily at expanding its 3G and 4G footprint.
Vantage Capital, Africa’s largest mezzanine debt fund manager, has announced that it has fully exited its investment in New GX Capital, a one hundred percent black family owned investment holding company in South Africa.
East meets Africa in a thrilling fashion and cultural fusion at African Fashion International (AFI) Joburg Fashion Week 2018.
A Study carried out on more than 1000 entrepreneurs in South Africa revealed that entrepreneurship in South Africa is not thriving, despite the fact that South Africa is one of Africa's strongest economies.
In Sub-Saharan Africa, countries with unreliable power cost some companies as much as 31 percent in sales, according to a new study released by the Center for Global Development.
Yoco, the South African-based Point of Sale payments provider, has raised a Series B round of US$16M led by Partech, a Venture Capital firm based in Silicon Valley, Europe and Africa.
Four businesses that are shaking up financial services have been named as finalists in AlphaCode’s recently launched accelerator programme, AlphaCode Accelerate.