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...

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...