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SA’s HAVAÍC invests Into Kenyan Virtual Postbox Startup

Cape Town-based firm HAVAÍC announced on Tuesday that it has concluded a pre-Series A first round of funding for an undisclosed amount with Taz...

Naspers Unit PayU Buys Turkish Digital Payments Provider Iyzico

PayU, a unit of Naspers, announced today the acquisition of Iyzico – a digital payment services provider and one of the most hotly tipped...

Intercept IP Wants To Compete In SA’s Insurance Telematics Market

UK-based autonomous and driverless vehicles specialist Intercept IP announced on Tuesday its new plans to enter the South African usage-based insurance telematics market through...

Avon Nominated As Finalist For Coveted Sunday Times Generation Next Award

Avon the multinational beauty and cosmetics icon has been selected as one of the finalists in the prestigious Sunday Times Generation Next Awards which...

SA’s Travel Booking Firm Travelstart To Buy Club Travel Group

Travelstart, SA’s Travel Booking Firm, announced on Monday in a statement that it will buy Club Travel Group for an undisclosed amount. The company said...

Crypto Miners Will Not Be Insured: Old Mutual

Old Mutual Insure has opted out of insuring computer equipment used for cryptocurrency mining. The Sandton-based insurer said on Monday that this is due to...

Ethos AI Fund Buys 8% Stake In TymeBank For R200M

Ethos Artificial Intelligence (AI) has invested R200 million in recently launched digital bank TymeBank, which is owned by African Rainbow Capital (ARC). The investment by...

MTN Introduces Africa’s ‘First’ AI Service For Mobile Money

MTN Group is embracing artificial intelligence (AI) and on Friday announced the launch of Africa’s 'first' Mobile Money (MoMo) AI service or “chatbot”. The mobile...

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