FeaturedFintechVodacom, Alipay partner to launch super-app in South AfricaInternational Finance Business DeskJuly 21, 2020 by International Finance Business DeskJuly 21, 2020 The partnership seeks to introduce advanced mobile solutions to South African customers and merchants... Read more
FeaturedTelecomUncategorizedRain deploys its first standalone 5G network in South AfricaPritam BordoloiJuly 20, 2020July 20, 2020 by Pritam BordoloiJuly 20, 2020July 20, 2020 Rain has partnered with Huawei for the launch... Read more
FeaturedFinanceNigeria, Kenya, South Africa sees 613 VC deals in 6 yearsInternational Finance Business DeskJuly 13, 2020 by International Finance Business DeskJuly 13, 2020 It is reported that 21 percent of venture capital deals were achieved by African-owned companies established outside the continent... Read more
EnergyFeaturedArcelorMittal seeks to build six solar projects in South AfricaInternational Finance Business DeskJuly 7, 2020 by International Finance Business DeskJuly 7, 2020 The solar projects will be built in Vanderbijlpark, Newcastle, Vereeniging, Pretoria, Thabazimbi, and Saldanha... Read more
BankingFeaturedPostbank loses more than $3.2mn due to bank heistInternational Finance Business DeskJune 29, 2020June 30, 2020 by International Finance Business DeskJune 29, 2020June 30, 2020 The bank is now forced to replace more than 12 mn cards for its customers... Read more
Banking and FinanceFeaturedKenya attracts venture capital deals worth Sh74.3 billionInternational Finance Business DeskJune 26, 2020June 26, 2020 by International Finance Business DeskJune 26, 2020June 26, 2020 South Africa ranks first recording deals worth Sh795 million... Read more
EnergyFeaturedSasol seeks to end oil operations in West AfricaInternational Finance Business DeskJune 22, 2020 by International Finance Business DeskJune 22, 2020 The reasons are attributed to weak oil prices and low demand on the back of Covid-19... Read more
EnergyFeaturedSouth Africa seeks to establish a single national oil companyInternational Finance Business DeskJune 19, 2020 by International Finance Business DeskJune 19, 2020 The cabinet has approved to merge PetroSA, iGas and the Strategic Fuel Fund for the new establishment... Read more
FeaturedFintechSouth African fintech Planet42 secures $2.4 mn fundingPritam BordoloiJune 16, 2020 by Pritam BordoloiJune 16, 2020 The startup will use the funds to expand its portfolio of vehicles... Read more
BankingFeaturedSouth African banks under strain; sharpest decline in earningsInternational Finance Business DeskJune 8, 2020 by International Finance Business DeskJune 8, 2020 The banks are also forced to cut interest rates because of the pandemic... Read more