Telviva completes buy-out of AnD Communications

Telviva, formerly Connection Telecom, has increased its shareholding in AnD Communications to 100% of the issued equity. This will not only strengthen the footprint of the cloud communications market leader, but will also enable Telviva to extend the benefit of...

AI fintech FinChatBot lands $1,6m investment

FinChatBot, which develops conversational AI solutions for the financial services industry, has attracted $1,6-million from Saviu Ventures, a French investment holding company which focuses on African startups; Mauritius-based Compass Venture Capital and South African...

Joburg fintech firm checks growth box

One company bucking the economic trend that the Covid-19 pandemic that wrought upon South Africa is Elenjical Solutions, a Sandton-based specialist capital markets and risk technology advisory. The company, which has seen revenues double year-on-year for the past four...

SA fintech joins global startup program

Mastercard announced the selection of 10 later-stage startups from around the world, including South African fintech Paycode, to join the Mastercard Start Path program. Start Path is Mastercard’s award-winning startup engagement program that brings together a...

Search is on for new African innovators

The V&A Waterfront’s future-focused and inspirational co-working hub, Workshop17, is marking its fifth anniversary by extending a helping hand to entrepreneurs. “As we re-emerge from the lockdown, this is a time when a spirit of community is most...

Homegrown offshore shines

Since it was launched on 1 June 2016, the Momentum Securities’ International Portfolio has returned 70%, a full 20% above the benchmark’s 50% return on a cumulative basis. This translates into an annual return of more than 13% compared to the...