Striking the right balance on shareholder activism

Introducing additional shareholder votes is not necessarily the answer. Instead, the AGM resolution on director appointments needs much more focus, writes Parmi Natesan, CEO of the Institute of Directors in South Africa (IoDSA). The long list of corporate...

Luno launches early stage investment arm for fintechs

Luno, a wholly-owned subsidiary of Digital Currency Group (DCG), has launched Luno Expeditions, a global, early-stage investment arm to support the fintech and crypto/web3 founders on their journeys to build the next generation of financial services. Building on...

Digicall completes acquisition of majority stake in Africa Assist

South African business process outsourcing provider Digicall has acquired a majority stake in Africa and Worldwide Medical Assistance Services, better known as Africa Assist. The acquisition is effective as of 1 January 2022 and both firms have confirmed that all...

Net1 gets competition law approval for Connect Group transaction

Net1 has received approval from the South African, Botswanan and Namibian competition authorities in respect of its acquisition of 100% of the shares and claims in the Connect Group. The merger was approved unconditionally by the Botswana and Namibia competition...