May 15, 2023
The SA SME Fund has announced the first close of its R1-billion venture capital fund of funds (VC FoF), with R600-million in commitments from investors. The VC FoF exceeded its first close target of R500-million, attracting first mover institutional and pension fund...
May 15, 2023
South African fintech specialist e4 has been acquired by a consortium of private equity investors, led by an independent private equity fund manager Infinite Partners. The transaction will see e4 obtain the necessary capital for advancing to the next stage of its...
May 15, 2023
Altron Group has reported that continuing revenue for the financial year period ended 28 February 2023 was up by 19% to R9,5-billion, with continuing EBITDA up 2% to R1,2-billion, continuing EPS up 80% to 36 cents per share and continuing HEPS down 8% to 47 cents per...
May 12, 2023
An Annual General Meeting (AGM) of a company that restricts shareholders to use only text-based communication does not constitute an AGM for the purposes of the Companies Act 71 of 2008. This is according to the legal opinion of the Companies and Intellectual Property...
May 12, 2023
In line with its strategic intent to be a digitally-powered business that is committed to transformation, Absa Bank has acquired a minority stake in the agritech start-up, Khula! App. Through its award-winning app, Khula! has built an ecosystem of three platforms that...
May 11, 2023
Telecommunications services provider Boniswa Corporate Solutions has won two awards at Sentech Africa Tech Week awards. The are the Africa Tech: Technology Company of The Year Award, an award that celebrates companies that have created and delivered an outstanding...
