SA’s FinTech Firm Ukheshe To Buy 100% of Oltio From Mastercard

Ukheshe, South Africa’s digital banking platform provider, announced on Friday it has agreed to buy 100% of Oltio from Mastercard for an undisclosed amount. Oltio...
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South African Post Office

Post Office Introduces Electronic Voucher Payment System for R350 COVID-19 Grant

Long queues outside the South African Post Office (SAPO) pay points will soon be a thing of the past with the help of an...

5 000 Wits Students Receive Laptops Delivered by SA Post Office

Almost 5 000 Wits students have received laptops, delivered by the South African Post Office (SAPO), to enable online learning during the nationwide lockdown. Through...

SA’s Guptas Pins Hope on Post Office to Save Their Business

By Staff Writer The Gupta family is banking on the South African Post Office being granted a banking licence as a way to save its businesses,...

SA Post Office Wants to Tackle e-commerce, Financial Services

by Gugu Lourie The crippled South African Post Office (Sapo) is targeting e-commerce and financial services as a way to salvage its declining business. The organisation,...

Must Read

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...

SA’s Largest Online Retailer Takealot.com Revenues Defy Pandemic

South Africa’s largest online retailer, Takealot.com, reported on Monday a 41% jump in revenue to $238 million (R3.7 billion) in the six-months to end 30...

Provisions Hit Pepkor’s FinTech Business Profit

Retailer Pepkor, previously Steinhoff Africa Retail, said on Monday operating profit in its financial technology (FinTech) services business dropped by 5.8% to R455 million in the...