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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...

Broadband Infraco To Build ‘Fibre Super Highway’ In SADC

Broadband Infraco announced on Friday that the South African Government is looking to assign it as the entity that assists in the development of...

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...

Cell C’s BEE Partner May Lock Horns With Blue Label Telecoms, Net 1

The country’s competition watchdog still needs more time to investigate further before it decides whether to declare the recapitalisation of Cell C as a...

Vodacom, MTN, Telkom In Race To ‘Buy’ Joburg Broadband Network

South Africa’s Vodacom, MTN and BCX – a unit of JSE-listed Telkom – have expressed interest to buy the City of Jo’burg (CoJ) failed broadband...

Xolani Mkhwanazi Named Chairman Of Troubled EOH

Dr Xolani Mkhwanazi has been named as the chairman of the troubled JSE-listed technology group EOH. His appointment is with immediate effect. Dr Mkhwanazi will lead...

SA’s Fundrr To Disrupt Traditional And Alternative SME Financing

Fundrr, South Africa’s small business lender startup aiming to provide financing at the most affordable, flexible and transparent way, plans to disrupt the market...