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Araxi to acquire Pay@ in R1bn deal

Araxi has agreed to acquire the controlling stake in Pay@ Group for R1-billion. Pay@ is ab end-to-end provider of integrated B2B payments solutions with B2C capabilities, with over 9 000 retailer locations, 150 000 mobile point-of-sale (POS) payment points, millions...

MTN to buy out tower operator

In a $2,2-billion transaction, the MTN group has agreed to acquire the 75,3% of tower operator IHS shares that it doesn’t already own, with particular focus on the company’s African operations. The all-cash transaction will be funded from IHS cash balances and MTN...

These are the roles that top the pay rankings in SA

If you wanted to know which jobs offer the best pay in South Africa, wonder no longer. Pnet’s 2026 Salary Guide reveals that the three roles that attract the highest compensation are, in order: chief executive officer (CEO), chief financial officer (CFO) and executive...

AI, resilience, growth key for financial services CEOa

Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and strategic growth at the centre of their transformation agendas. This is the headline finding from KPMG’s...

Stablecoins make their way into everyday use

A new global study reveals that stablecoins are no longer niche, but are becoming a practical, everyday form of money being used around the world for everything from getting paid to buying goods and services. BVNK’s Stablecoin Utility Report, which surveyed over 4 600...

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As business closures ease, debt recovery falters

In 2026, business insolvencies are expected to rise slightly again, against a backdrop of gradually easing financing costs. Behind this apparent stabilisation lies a still high level of fragility, particularly in the construction, chemical and textile industries. A...

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TikTok culls close to a million videos in SA

TikTok removed more than 920 000 videos in South Africa during the third quarter of 2025. This is according to TikTok’s Q3 2025 Community Guidelines Enforcement Report, which details how the videos were removes for violating the platform’s Community Guidelines. Of the...

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BluEnergy granted energy trading licence

JSE-listed Blu Label Unlimited has announces that its subsidiary, BluEnergy Trading, has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (NERSA). This marks a significant regulatory milestone that empowers BluEnergy to...

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iOCO expands Saudi presence

iOCO expands Saudi presence

iOCO has expanded operations in Saudi Arabia, aiming to help organisations in the Kingdom and further across the Middle East accelerate cloud adoption and deliver mission-critical digital transformation outcomes. As Saudi Arabia advances its Vision 2030 objectives,...

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2026 a crypto tipping point for African merchants

2026 a crypto tipping point for African merchants

Cryptocurrencies, and especially stablecoins, are expected to rapidly move from early experimentation towards mainstream for African merchants over the next two to three years. As the regulatory fog lifts, customer familiarity with stablecoins is set to accelerate as...

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