FeaturedFintechAfrican startup Adumo acquires fintech SwitchPayIFM CorrespondentDecember 2, 2021 by IFM CorrespondentDecember 2, 2021 Adumo’s investment in SwitchPay will go towards expanding its business offerings... Read more
BankingFeaturedStandard and Shinhan bank to test cross-border stablecoinsIFM CorrespondentDecember 1, 2021December 1, 2021 by IFM CorrespondentDecember 1, 2021December 1, 2021 Both the banks will use the decentralised public ledger Hedera Hashgraph, a blockchain technology... Read more
FeaturedInsuranceTechnologySouth Africa insurtech startup Pineapple raises $5.4 mn to expand its marketsWebAdminJuly 29, 2021 by WebAdminJuly 29, 2021 In the last six months, the company has grown by 200%... Read more
FeaturedLogisticsDP World plans to acquire Imperial Logistics for $890 mnWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 This deal would land DP World greater visibility in South Africa and in the neighbouring markets... Read more
FeaturedPorts and ShippingSouth Africa might become the leading hub for zero-carbon shipping fuelsWebAdminJuly 1, 2021 by WebAdminJuly 1, 2021 A study by Ricardo and the Environmental Defence Fund revealed that South Africa has a massive potential to supply zero-carbon shipping fuels... Read more
FeaturedHealthcareSouth Africa’s Quro Medical raises $1.1 mn to scale its operationsWebAdminJune 24, 2021June 24, 2021 by WebAdminJune 24, 2021June 24, 2021 The funding round was led by VC firms Enza Capital and Mohau Equity Partners... Read more
EconomyFeaturedSouth Africa’s economy grew 1.1% in Q1 21: ReportWebAdminJune 11, 2021 by WebAdminJune 11, 2021 The country’s the economy grew 4.6% on a quarter-on-quarter basis... Read more
FeaturedTechnologyAbsa launches procurement portal for SMMEs in South AfricaWebAdminJune 8, 2021June 8, 2021 by WebAdminJune 8, 2021June 8, 2021 The user-friendly procurement portal will let small, medium, and micro enterprises apply and verify as supplier... Read more
FeaturedTelecomVodacom KZN deploys 84 base stations in coastal South African provinceWebAdminJune 7, 2021 by WebAdminJune 7, 2021 Vodacom has announced that they will use the funds to provide 95% 4G coverage in the province by 2022... Read more
FeaturedTechnologySouth Africa secures first position in Tech Ecosystems of the Future reportWebAdminMay 21, 2021 by WebAdminMay 21, 2021 South African has been ranked highly in various categories like business friendliness, tech innovation, and an established digital startup ecosystem... Read more