Fetola launches sustainable business accelerator tool

Business growth professional Fetola has partnered with JP Morgan and the Embassy of Finland to launch a business accelerator that will support the growth of over 100 small and emerging businesses across South Africa. The Fetola Circular Economy Accelerator (FCEA) is...

SA fintech raises $48b in series B funding round

South African payments company Ozow has attracted Tencent in its $48-million Series B funding round. The investment round also includes Endeavor Catalyst and Endeavor Harvest Fund. Notably, Endeavor Catalyst’s investment committee approval was chaired by partner...

NoPBX nominated for Most Exciting Startup in SA

NoPBX, a locally-developed smartphone-based switchboard system, has been nominated for the Top 5 Most Exciting Startups 2021. Awards founder Heavy Chef, in partnership with Xero and PayFast, has called for nominations to be submitted before 21 November. A final short...

Auditors urged to play watchdog role

Speaking at the Southern Institute of Government Auditors (SAIGA) virtual conference, Inspector of Intelligence Dr Setlhomamaru Dintwe said auditors should be beyond reproach at all times. “Any unprofessional or improper conduct places the spotlight on the...

Imperial makes strategic investment in salesforce automation provider

Imperial’a Market Access business has made a strategic investment in FIGJAM, a sales force automation solution provider in Africa. The investment gives Imperial a 24% stake in the business and was effective 1 November 2021. FIGJAM was founded in 2013 to create...

Fintech lender growth exposes demand for business funding

South African businesses have been through trying times during Covid-19 as fintech Fundrr attests. Demand for funding increased and clients’ ability to pay decreased during the first hard lockdown. But, the fintech attracted an investor and in the past year,...