Sep 3, 2020
CredoLab, a developer of bank-grade digital credit scorecards based on smartphone metadata which launched in South Africa, Nigeria and Kenya last year, has secured $7-million in its Series-A round funding led by GBG. In addition to GBG, the round saw participation...
Sep 2, 2020
TransUnion has announced Thabo Molefe as its new senior director for its African operations outside of South Africa as it looks to leverage its global capabilities and build its profile across the continent. Molefe, the former executive director for South Africa &...
Sep 2, 2020
Vuma has appointed Francois Swart as its chief technology officer (CTO), a role that it believes will bolster the company’s continued focus on innovation and industry leadership. Swart has more than 30 years’ experience in the telecommunications industry....
Aug 28, 2020
Phuthuma Nathi will receive a R1,5-billion dividend after the MultiChoice South Africa (MCSA) dividend was approved at the annual general meeting (AGM) this week. Since the start of the scheme in 2006, Phuthuma Nathi shareholders have received dividends every year....
Aug 25, 2020
Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow. TradeSafe is an online escrow platform that safeguards the buyer’s funds in trust in a transaction involving two or more parties. The funds are only released to the seller,...
Aug 24, 2020
Seacom’s chief strategy officer 2009 Suveer Ramdhani, who has been with the company since its inception and was involved in its initial launch in 2009, has resigned. During his tenure with Seacom, Ramdhani initially oversaw the company’s product...