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 …
Southern Africa
- AfricaAFRICA NEWSAgricultureBusinessSouth AfricaSouthern AfricaTechnology
- AfricaAFRICA NEWSBinanceBusinessCryptocurrencyNewsSouth AfricaSouthern AfricaTechnology
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 …
- AfricaAFRICA NEWSBusinessEnergyNewsSouth AfricaSouthern Africa
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 …
- AfricaAFRICA NEWSBusinessEnergyNewsSouth AfricaSouthern Africa
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 …
- BusinessSouthern AfricaTechnology
PlayStation dominates Xbox as South African gamers increase demands
South African gamers seem to prefer Sony’s PlayStation over Microsoft’s Xbox, though the games consoles’ distributors have declined to reveal their exact market share. Statcounter’s console operating system market share …
Barloworld, the South African car dealer and supplier of equipment to the mining industry, is marketing the nation’s first sale of debt linked to gender-diversity targets. The Johannesburg-based company is …
- BusinessInformation & TechnologySouth AfricaSouthern AfricaTechnology
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 …
- BusinessBusiness and EconomySouthern Africa
SARS strike suspended as unions gives negotiation a chance
SARS, The South African Revenue Service has announced that unions have suspended their strike at the tax body and have reported for duty as the wage negotiations process continues. SARS …
- BusinessInformation TechnologySouthern AfricaTechnologyTelecommunications
Rain asked to withdraw press statement proposing Telkom merger
Rain has been instructed by the South Africa’s Takeover Regulation Panel has to withdraw a press statement regarding a proposed merger with Telkom. Rain announced on Thursday afternoon that it …
- Banking, Finance & InvestmentBusinessSouthern Africa
Denel pays up outstanding salaries after years of long battle
Denel, Troubled state-owned arms manufacturer on Thursday announced a major achievement, paying all outstanding salaries with the proceeds of the surplus medical benefit trust and putting in place payment plans …