Truecaller, a global platform for verifying contacts and blocking unwanted communication, has launched additional features on its Truecaller for Business. The features will enable branded, contextual videos to differentiate business …
South Africa
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South Africa’s inflation rate hits 13-year high at 7.8%
South Africa’s Bureau of Statistics says the country’s inflation rate increased to 7.8 percent in July 2022, up from 7.4 percent in the previous month. The rate is the highest …
The Telkom board says its court application to block a Special Investigating Unit (SIU) probe into its historic transactions does not mean it tolerates corruption. On Wednesday, the chairperson of …
Scores of South Africans have raised serious accusations about a major DStv partner’s business practices. South African consumer sentiment gauging platform Hellopeter had just over 1,000 reviews of the company at …
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South African agritech startup, Homefarm, secures $100k seed round
A South African agritech startup, Homefarm, has announced securing R1.7m (approximately $100,000) in a seed funding round. PixelBlue, the parent company of Homefarm, disclosed the raiser in a media release …
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Binance hires South African Country boss
Binance has hired former HSBC South Africa global banking head Hannes Wessels to lead its South African operations. Wessels has been at HSBC for 22 years, serving in senior executive …
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Thungela returns R8.2 billion to shareholders after a record half year
Thungela Resources has declared an interim dividend of R8.2 billion, or R60 per share, following a record half year in which profit rocketed on the back of strong export coal …
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Eskom coal supplier Seriti buys controlling stake in Windlab Africa
Major Eskom coal supplier Seriti Resources has acquired a controlling stake in renewable energy company Windlab Africa for R892 million. The deal gives Seriti a 51% stake in the wind …
SARB, The South African Reserve Bank has imposed R35 million in fines on Nedbank for failures that included not reporting cash transactions of large amounts and shortcomings in record-keeping. The …
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Afrihost launches uncapped mobile data deal
Internet service provider (ISP) Afrihost has launched an Air Mobile uncapped data deal for R497 per month. Similar to other uncapped mobile data offers on the South African market, the …