Cell C is providing its prepaid customers with free streaming and social data bundles to make up for the allocations they might not have consumed due to load-shedding. The operator …
Southern Africa
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Investec South Africa directors to get £100,000 security cover
Investec, a bank that focuses on high-net-worth individuals in South Africa, will spend as much as £100,000 ($121,520) a year on each of its executive directors’ personal security as crime …
The South African Federation of Trade Unions (Saftu) has announced that it will embark on a national strike across South Africa protesting against the rising costs of living, load shedding, …
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Capitec’s Bank App outage persists for second day
Capitec South Africa banking app, USSD, and internet banking have been offline since early on Thursday morning. The Bank says it is still working on returning its banking services online …
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SAB withdraws its liquor sales ban case against the state
South African Breweries (SAB) has withdrawn its liquor sales ban case against the South African government, more than a year after it first took legal action. In court papers filed …
Richard Jacob, the CEO of Hulamin, an aluminium supplier and exporter will retire at the end of September, the company announced. Jacob, who is in his fifties, was with the …
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Consortium to buy S.Africa hospitals firm Mediclinic for $4.49 billion
South Africa’s Remgro Ltd (REMJ.J) said on Thursday it will buy hospital chain operator Mediclinic International (MDCM.L) in a consortium with Switzerland’s MSC Mediterranean Shipping for 3.7 billion pounds ($4.49 billion). The offer, which …
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Musk’s lawyers subpoena big banks for records on Twitter deal
Lawyers for Elon Musk have subpoenaed JPMorgan Chase and Goldman Sachs for records relating to the billionaire’s plan to purchase Twitter. Musk has requested the banks turn over “documents and communications” relating to how …
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Openserve Splits From Telkom South Africa
Openserve, a South African wholesale network infrastructure provider officially split from its parent Telkom Group on Wednesday, according to an announcement from Telkom. As part of its Q1 SENS announcement, …
Digital banking service Tymebank has announced plans to acquire Retail Capital, a leading fintech funder of South African small and medium enterprises. According to a statement by African Rainbow Capital …