SA private equity firm seeks investment opportunities of up to R350m

Private equity company Moshe Capital Fund Managers is actively seeking to invest R350-million into diverse companies with a solid presence in their sectors. The firm has secured a funding commitment from FNB Commercial and has entered into a partnership agreement with...

McAfee sells enterprise business

McAfee has entered into a definitive agreement to sell its enterprise business to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $4-billion. The transaction is expected to close by the end of 2021, subject to customary regulatory...

SA fintech enabler Ukheshe Technologies confirms global expansion

South African digital fintech enablement provider, Ukheshe Technologies has confirmed it is expanding its operations internationally. Having established itself as a formidable payment technology specialist within the B2B sector, the company has set its sights on the...

Bolt gets €20m investment from IFC

Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies. IFC’s €20-million investment and advisory services will help Bolt expand mobility solutions that create earning opportunities,...

Online digital accountant expands to US

Osidon is an online digital accountant aimed at lending a helping hand to small and medium businesses and entrepreneurs, paving the way for job creation and increased compliance. The company was started in January 2017 by Hennie Ferreira and his wife, Melissa. They...

Imvelo Ventures invests in Quench

South African venture capital firm Imvelo Ventures, founded by Capitec Bank and Empowerment Capital Investment Partners, has set aside funding to expand, build and back app-based delivery service, Quench. Imvelo Ventures identifies and funds promising South African...