An assessment of consumer behavior from before the Covid-19 period up to June 2022 reveals that FNB retail customers have increased their spend on entertainment streaming services by about 70%. …
South Africa
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South Africa’s Competition Commission recommends approval of Mr. Price’s deal to purchase Studio 88
South Africa’s Competition Commission has recommended that the Competition Tribunal approve Mr. Price’s deal to acquire Studio 88 without conditions. In April, retailer Mr. Price announced that it has entered into …
The South African Reserve Bank is set to introduce new regulations around trading cryptocurrency in the country in the next 12-18 months, says deputy governor Kuben Naidoo. Speaking in PSG’s …
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Nedbank launches solar financing product
Banking group Nedbank is partnering with Hohm Energy to finance and install solar power solutions in South Africa. The service will be offered to all homeowners, and not limited to Nedbank mortgage …
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Apple’s self-driving car production faces setbacks.
Apple’s quest to produce a viable self-driving car remains stalled despite years of work, with its team plagued by setbacks as rivals race ahead, The Information tech news website reported …
South Africa’s Afrigen Biologics Limited said on Friday that it will collaborate with U.S. government researchers to develop mRNA vaccines and therapeutics. The agreement will enable the sharing of scientific …
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Huge Group acquires Tethys for its software and tech IP
Huge Group, JSE-listed telecommunications company says its rationale for acquiring Tethys Mobile, previously Virgin Mobile South Africa, is the subsequent ownership of its software and technology platform and the intellectual …
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Mara Phones in South Africa Acquired by a group of investors.
Mara Phones in South Africa, whose future became uncertain when its factory and equipment were placed on auction earlier this year, has just been acquired by a group of investors. …
Saftu, South African Federation of Trade Union secretary-general Zwelinzima Vavi told reporters on Thursday that the labor federation planned to organise a “national shutdown” in August to protest against the …
Two restaurants in South Africa have been ranked, Cape town’s La Colombe and Wolfgat on the West Coast have again been rated among the world’s top 100. The organizers of …