Ricoh joins coalition tackling inequality

Ricoh has joined a group of international companies that have pledged to tackle inequality and promote diversity in their workplaces and supply chains. Emmanuel Faber, Danone chairman and CEO, spearheads the Business for Inclusive Growth (B4IG) coalition and unites 34...

Transaction Capital to list on A2X

Transaction Capital Limited’s shares, with a market cap of R13,5-billion, has been approved for a secondary listing on A2X Markets, and will list on Tuesday, 10 September 2019. Transaction Capital is an active investor in and operator of credit-orientated...

Waspa welcomes new communications chief

South Africa’s Wireless Application Service Providers’ Association (WASPA) has a new board member responsible for the non-profit’s communications and membership portfolio. Sipho Bengu was recently-elected to the governing body that represents the...

Multichoice declares R1,5bn Phuthuma Nathi dividend

MultiChoice South Africa (MCSA) has declared a dividend to Phuthuma Nathi (PN) shareholders of R1,5-billion, an increase of 13,6% from 2018. The additional 5% share allocation given to PN, as part of MultiChoice Group’s (MCG) listing, contributed to the increase...

US firms dominate top 10 VC investors list in IoT

The US was home to majority of the global top 10 venture capital (VC) investors in the Internet of Things (IoT) tech space in 2018, according to GlobalData. The top 10 VC investors (Baidu, Amazon Alexa Fund, Intel Capital, Robert Bosch, Northern Light Venture Capital,...

Fintech Nomanini raises $4m in funding round

Nomanini, the fintech platform for the informal retail ecosystem, has today announced a $4-million funding round led by Standard Bank, and completed by Goodwell Investments, an Amsterdam-based investment firm focused on fintech and financial inclusion. Through the...