TymeBank to acquire fintech SME funder

TymeBank has set in motion the acquisition of Retail Capital, a fintech company that provides funding to small and medium-sized businesses in South Africa. The acquisition, which is subject to regulatory approvals, would see Retail Capital become a division of...

Openserve will split from Telkom in September

Telkom Group has approved the legal and structural separation of Openserve, South Africa’s largest wholesale network infrastructure provider, effective from 1 September 2022. Serame Taukobong, Telkom Group CEO, comments: “We have been on a journey to transform and...

Operating system choices key for digitalisation

In 2021, the commercial operating system environment (OSE) market grew revenue 7,4% to $14,6-billion, and is expected to grow to $17,7-billion in 2026 with a compound annual growth rate (CAGR) of 3,9%. This is among the findings from new International Data Corporation...
Webb captures stellar gymnastics in the Cartwheel Galaxy

Webb captures stellar gymnastics in the Cartwheel Galaxy

NASA’s James Webb Space Telescope has peered into the chaos of the Cartwheel Galaxy, revealing new details about star formation and the galaxy’s central black hole. Webb’s powerful infrared gaze produced this detailed image of the Cartwheel and two smaller companion...

Compliance reporting needs a value proposition

The most significant factor in whether an employee reports misconduct they have witnessed is whether they believe it will work out well for them, according to a survey by Gartner. The Gartner survey of 901 employees in April showed that in a new normal of lower...

Healthy uptake for Post Office’s online car licence renewals

The South African Post Office has seen a healthy uptake for its facility for the online renewal of motor vehicle licences, which it launched at the end of January 2022. More than 37 000 vehicle licences have been renewed nationally through the system, most of them in...