MTN Increases Stake in Mobile Micro-Insurance Firm aYo

MTN, Africa’s largest mobile phone group, has increased its shareholding in mobile-micro-insurance firm aYo through acquisition of additional shares. In 2017, South Africa’s third-biggest insurer Momentum...
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Checkers Sixty60 Wins Award For Digital Innovation

Checkers Sixty60 has won the 2020 BCX Digital Innovation Awards, which recognises excellence in digital innovation in the corporate category. Sixty60, the first 60-minute grocery...

Vodacom Offers Eligible Customers 6 Months Of Amazon Prime Video

Vodacom has teamed up with Amazon to offer eligible customers 6 months of Amazon Prime Video. All existing and upgrading contract Vodacom customers can...

Aura Taps Ex-Uber Sub-Saharan Africa Manager As Chairman

AURA, South Africa’s security and safety platform, has appointed Alon Lits as its Chairman with immediate effect. Previously General Manager for Uber sub-Saharan Africa,...

Teddy Daka’s Etion Explores Asset Sale to Create Shareholder Value

JSE-listed Etion is considering selling off business units to create shareholder value for its investors. The diversified digital technology company did not specify how much...

Teddy Daka Bets on Global Expansion to De-risk Etion From Low Growth in SA

Teddy Daka, the boss of JSE-listed Etion, is looking to take the company internationally as he aims to cut business risks associated with slower...

Standard Bank launches virtual card in African markets

Standard Bank announced on Thursday that its successful virtual card has now been launched in other African markets including Zambia. Ethel Nyembe, Head, Card and...

MTN sees more value in a mobile micro-insurance firm Ayo, raises stake to 75%

MTN sees value in its joint venture with SA’s third-biggest insurer Momentum Metropolitan. In 2017, Momentum Metropolitan and MTN launched aYo, a micro-insurance joint venture. It...

MTN is Ending its Presence in the Middle East, Sells Stake in MTN Syria

MTN Group is selling its 75% stake in MTN Syria as part of its strategy to exit the Middle East in an orderly manner. The...

How we tracked the eating habits of snakes in Africa with the help of a Facebook group

by Bryan Maritz and Robin Maritz Snakes are a diverse lineage of reptiles that are found on every continent except Antarctica. Despite differences in appearance,...

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Absa Finance Director Jason Quinn Named CFO of the Year 2020

Jason Quinn, the group finance director at Absa, has been named South Africa’s CFO of the Year at the 2020 CFO Awards. This was announced...

Avon Pledge Funds To Fight Gender-Based Violence

As South Africa joins the global community in commemorating 16 Days of Activism for No Violence Against Women and Children, Avon Justine has amplified...

Africa’s Accelerating FinTech Revolution

By Greg Nott and Tristan Marot Africa is a unique continent. From its diverse cultures and languages, to its extremes in wealth and development -...