FeaturedFinanceSouth Africa reduces cheque limits to boost the use of B2B epaymentsInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
FintechAfrican fintech My-iMali raises funds to increase customer basePritam BordoloiDecember 5, 2019 by Pritam BordoloiDecember 5, 2019 The South Africa-based startup received the funding from fintech holding company Crossfin... Read more
HealthcareSouth Africa healthtech Guidepost raises fundingPritam BordoloiNovember 14, 2019 by Pritam BordoloiNovember 14, 2019 AlphaCode, fintech investment arm of Rand Merchant Investments, has secured a 25.1% stake in Guidepost... Read more
FintechSouth Africa fintech Selpal secures funding for expansionPritam BordoloiOctober 24, 2019November 8, 2019 by Pritam BordoloiOctober 24, 2019November 8, 2019 The startup secured funding from FirstRand Group, one of the largest financial services providers in South Africa... Read more
AviationEthiopian Airlines shows interest in South African AirwaysPritam BordoloiOctober 17, 2019 by Pritam BordoloiOctober 17, 2019 South African Airways is looking for outside investments as the company is running losses since 2011... Read more
TelecomMTN reaches 95% 4G coverage across South AfricaPritam BordoloiOctober 11, 2019 by Pritam BordoloiOctober 11, 2019 The telco invested R40 billion over the last four years to improve network coverage and quality... Read more
Oil & GasQatar may build LNG terminal in South AfricaPritam BordoloiSeptember 26, 2019December 2, 2019 by Pritam BordoloiSeptember 26, 2019December 2, 2019 This follows PetroSA revealing its Mossel Bay refinery will run out of gas by end of 2020... Read more
Wealth ManagementKenya has around 356 billionaires, 4th highest in AfricaPritam BordoloiSeptember 23, 2019November 4, 2019 by Pritam BordoloiSeptember 23, 2019November 4, 2019 73% of Kenya’s billionaires are from Nairobi... Read more
Oil & GasSouth Africa enacts new oil and gas law, fixes 10% government ownershipPritam BordoloiSeptember 17, 2019November 4, 2019 by Pritam BordoloiSeptember 17, 2019November 4, 2019 The new law will also give South Africa’s government the right to 10% production at no cost... Read more
BankingNow South Africa’s Standard Bank starts selling smart phonesInternational Finance DeskAugust 30, 2019December 16, 2019 by International Finance DeskAugust 30, 2019December 16, 2019 The new scheme allows customers to buy smartphones through an extended payment facility... Read more