Jem HR raises R60m in pre-series A funding

WhatsApp-based HR and employee benefits platform Jem HR has closed a R60-million pre-series A funding round, including equity funding led by Old Mutual subsidiary Next176 and a R30-million private debt facility. Jem’s platform is designed to transform the lives of...

Josef Al-Sibaie appointed to drive Syspro growth

Syspro has announced Josef Al-Sibaie’s appointment as chief of staff and corporate development officer. Al-Sibaie will lead Syspro’s mergers and acquisitions (M&A) strategy, focusing on high-impact investments that enhance its digital manufacturing suite and...

IBC Solar buys into Solarworld

IBC Solar, a full-service provider of solar energy solutions, is expanding its presence in Africa through the acquisition of Solarworld Africa. IBC Solar and Solarworld Africa have had a business relationship since 2022. Now, IBC Solar is undertaking a majority...

Gaia Renewables 1 expands power portfolio

Gaia Renewables 1, listed on the Cape Town Stock Exchange (CTSE), has announced the acquisition of stakes in three renewable energy plants. The deal, initially funded with debt and equity, will see the fund gaining a 10% holding in each of the Linde and Kalkbult solar...
A blueprint for sustainable organisational growth

A blueprint for sustainable organisational growth

As organisations enter the new year, many are refreshing strategies and refining goals amidst a rapidly changing landscape. By Vanisha Balgobind, talent and organisation lead for Accenture, Africa About 80% of companies consider change part of their long-term vision...

Broad-based ownership could mitigate impact of US aid cuts

Like most people, I was shocked by US President Trump’s unexpected cut in foreign aid, writes Shaun Smit, director at Transcend Capital. I knew South Africa would be affected but was curious about just how far this could go. I was surprised to find out that a massive...