Peach Payments founder an IESE 40under40 best entrepreneur for 2022

IESE Business School has announced that Peach Payments’ founder and CEO Rahul Jain has been named as one of the IESE 40under40 2022 award winners. The prestigious awards recognise the leading entrepreneurs and innovators under the age of 40 from within IESE´s global...

James Hickman appointed as Altron Karabina acting executive

James Hickman, formerly head of sales, solutioning and marketing, has been appointed as the new acting executive at Altron Karabina effective from 3 October, 2022. Hickman’s appointment follows the Altron Group’s recent announcement that Altron Karabina Managing...

Shoprite makes a strategic investment in tech start-up

The Shoprite Group made its second minority investment in a South African tech start-up this year. In the most recent transaction, the retailer is among a group of companies, led by Buffet Investments and KLT, in an undisclosed expansion round in Omnisient,...

Pick n Pay to list on A2X

Pick n Pay Stores has been approved for a secondary listing on A2X Markets (A2X). Its shares will be available for trade on A2X from 1 November 2022. The Pick n Pay Group, with a market cap of around R27 billion, will retain its primary listing on the Johannesburg...

Altron reports interim results

JSE-listed technology company Altron has posted its interim results for the six months ending August 2022. Key highlights include: * Revenue up by 15% to R5.3 billion * Net profit after tax improved by 420% * HEPS increased >460% to 34 cents per share * Continuing...

Grant Fraser is new Netstar MD

Altron has announced the appointment of Grant Fraser as MD of Netstar with effect from January 2023. Fraser, who has more than 14 years’ experience in executive leadership, will assume responsibility for Netstar’s strategic direction and growth. Fraser is...