CSSA consolidates, rebrands

Cyber Security South Africa (CSSA), together with its sister companies Credence Security and Cyber Security Africa Distribution, has announced an extensive rebranding effort that sees the three firms consolidated under a unified brand identity called Trinexia. The...

Student accommodation player increases investment in local startup

Student.com has increased its stake in South African tech start-up DigsConnect.com. Student.com initially invested an undisclosed amount in mid-2022, with founder CEO Luke Nolan saying that Africa offers exciting growth avenues for Student.com. “Finding student...

SA insurtech Naked raises $17m

Naked, the South African artificial intelligence (AI)-driven insurtech company, has raised $17-million (about R290 million) in Series B Funding. International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution...

Avaya accelerates transformation, fortifies capital structure

Avaya Holdings has entered into a restructuring support agreement, with the support of more than 90% of the company’s secured lenders. Implementing the financial restructuring will accelerate Avaya’s ongoing business transformation, significantly enhance...

Innovator Trust drives youth financial literacy, entrepreneurship

Recognising the skills gap and the need for a healthier money culture among youth in South Africa, the Innovator Trust has announced the launch of the 2023 FIN1k Youth Entrepreneurship and Financial Literacy training programme. This is the second edition of the FIN1k...

RedCloud appoints Sameer Jooma as GM for SA

UK-headquartered global technology firm RedCloud Technology has announed the appointment of Sameer Jooma as GM for South Africa. Jooma will be responsible for accelerating the adoption of the world’s first Open Commerce platform, Red101, and driving growth in...