Santam debuts digital insurance for micro, informal businesses

Santam has launched what is believes to be the country’s first digital insurance solution for micro township enterprises, which will cost between R75 and R195 a month, providing these businesses with financial security and recovery in the event of a loss. The...

Delay drives changes to Vodacom’s Infraco acquisition

The terms of Vodacom Group’s acquisition of a co-controlling interest in the material assets own by Community Investment Ventures Holdings (CIVH) – including Vumatel and Dark Fibre Africa – have been changed, but the deal is still on the table. The...

Bolt launches Outternship to encourage women

Bolt has announced the Outternship programme as part of its efforts to drive more participation and inclusion for women in technology. The six-month-long internship termed, Outternship will offer the selected candidates an opportunity to kickstart their career in an...

Local insurtech Root expands into the UK

Born-in-SA insurtech platform Root has expanded into the UK and is enjoying promising growth in a receptive market. Charlotte Koep, chief operating officer of Root, says the company’s first foray into global markets is proving encouraging: “There is a real...

Standard Chartered Bank launches Women in Tech programme

Standard Chartered Bank has launched its Women in Tech (WiT) Incubator Programme in South Africa, aimed at empowering and supporting women entrepreneurs in the technology sector. Through the Women in Tech programme, the bank aims to create an inclusive environment...

R600m first close for SA SME Fund’s venture capital fund of funds

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...