Bob van Dijk has R65 Billion in Cash. The Boss of Prosus is Hunting for Buys

There is no doubt that Bob van Dijk, the CEO of Prosus, wants to make a big acquisition. The Dutch arm of South African...
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Interest rate

South Africa Reserve Bank Again Slashes Repo Rate

The South African Reserve Bank has cut the repo rate by 100 basis points, or one percentage point to 4.25%. "The committee notes that the...

TymeBank to Keep its Interest Rate Unchanged

In these uncertain times, only one thing is really certain, and that’s that every company and its dog wants to tell you what it’s...

How Can Interest Rates Be Negative?

by Vikram Haksar and Emanuel Kopp Money has been around for a long time. And we have always paid for using someone else’s money or...

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Capitec Introduces All-In-One ‘Scan to Pay’ (QR code) Functionality

Capitec, South Africa’s largest digital bank, has launched its QR code payment functionality in their new app. The ‘Scan to Pay’ offering can be...

Vodacom to Halve Its Carbon Footprint by 2025

Vodacom - which generates less than 2 metric tons of carbon per terabyte of data a year - says it plans to halve its...

Takealot.com, M-Pesa and Jumia Join BCG’s Top 100 Tech Challengers

Safaricom’s mobile money service M-Pesa, Nigeria’s e-commerce sites Jumia and South Africa’s Takealot.com are picked as 100 tech challengers by global management firm Boston...