Growing a franchise in a tough environment

Modern day businesses in South Africa are dealing with a number of challenges that all contribute to consumers having less money to spend: rising living costs, currency instability and general economic uncertainty, writes Abigail Makhubele, business development...

WDBIH takes 51% of Seed Engine

WDB Investment Holdings (WDBIH) has increased its stake in Seed Engine from 35% to 51%, officially confirming Seed Engine as a 51% black women-owned company. Venture capital company Grovest is Seed Engine’s second major shareholder, with a 30% stake. The increased...

New VP for Avaya Middle East Africa & Turkey

Avaya has announced the appointment of Fadi Hani as vice-president for the Middle East, Africa and Turkey. Hani will play a pivotal role in promoting Avaya’s customer-centric, outcome-based approach in this strategic region, working closely with key customers to help...

International investment for GetWorth

Cape Town auto industry startup getWorth has announced an international investment that has increased its total committed funding to R18,5-million. GetWorth co-founder Jamie Surkont is excited by the international investment but says the details are confidential. “The...

BT appoints Juni Yan as VP: security in AMEA

BT has announced the appointment of Juni Yan as vice-president for security in Asia, Middle East and Africa (AMEA). In her new role, she will be in charge of all aspects of BT’s cybersecurity business in the region. Juni is based in Hong Kong and will report to Mark...

Silvertree Internet gets $15m investment

Cape Town-based Silvertree Internet Holdings has reached the milestone of over $15-million (approximately R200-million) channeled into African consumer-focused technology companies since inception in 2014. The portfolio has achieved an average >200% annual revenue...