PayFast launches new funding service with Retail Capital

Online payment gateway, PayFast has launched a new merchant-financing service in partnership with local fintech lender, Retail Capital, called Easy Advance. The service is designed to help merchants leverage short-term working capital to grow their business, without...

Mineworkers Investment Company commits U$10m to Knife Capital fund

Mineworkers Investment Company (MIC) has committed $10-million to venture capital firm Knife Capital’s new African Series B expansion fund, Knife Fund III. The Fund’s aim is to invest behind the aggressive expansion of African innovation-driven companies and fill a...

SA digital startup adds concierge service

Tech start-up E-FFICIENCY has launched a South African-designed end-to-end concierge service for home improvement that allows customers to discuss projects; get instant quotations; make secure payments. The service is based in Facebook Messenger. E-FFICIENCY CEO Raeef...

KID Group establishes Cape & Coastal presence

South African data specialists the Knowledge Integration Dynamics Group of companies (KID) has opened a new office in Cape Town, to serve clients  in the Cape & Coastal region. Yolanda Komen, now GM: KID Cape & Coastal, says the move brings more personal...

ACSA outlines plans to improve liquidity

The adverse impact of Covid-19 on global aviation led to Airports Company South Africa revising its strategy and financial plan as far back as April 2020. This was because of global travel bans and border closures which led to no passenger flights for a period of four...

Social innovation award winners announced

Meat Naturally and Agricool Finance were awarded joint first place in the 10th Annual Social Innovation Awards, while Leafline Washable Sanitary Wear scooped first place in the Disability Empowerment Awards. All three winners were awarded R1.3 million in grant...