Vodacom Tanzania all set to list

Vodacom Tanzania as received approval from the Capital Markets & Securities Authority (CMSA) in Tanzania to proceed with an initial public offering (IPO). The company will list 560 000 100 new shares, equating to 25% of the post-offering issued share capital) at a...

PayU growth a good sign for SA e-commerc

Payment services provider, PayU South Africa, has experienced robust growth over the past 12 months. Since June last year, the company has quadrupled the number of transactions processed and has seen a 26% increase in total transaction volumes across their merchants....

Iflix secures $133m in funding

Iflix, which provides subscription video on demand (SVoD) services for emerging markets, today announced it has completed a $133-million funding round as it continues to deliver on its vision of bringing the world’s best entertainment to its audiences. The...

Mobile entrepreneur takes reins at TotalSend

Mobile industry innovation stalwart and entrepreneur Tracy Surkont has been named as MD of email, SMS and payments specialist TotalSend. TotalSend recently added push payments to its product portfolio, enabling consumers to make easier and more efficient payments at...

Rapid7 acquires Komand

Rapid7, a provider of analytics solutions for security and IT operations, has acquired security orchestration and automation company, Komand, to help its customers reduce time to resolution, maximise resources and overcome ecosystem complexity. This acquisition...

Management changes at Cisco

Cisco has announced the appointment of David Meads as vice-president for its Africa and Middle East operations. In the current era of digital disruption, Meads, in this newly created role, will oversee the execution of Cisco’s strategy in these two regions,...