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Legacy Africa Capital Partners announces a R100m investment in Welltec
Legacy Africa Capital Partners’ (LACP) Fund 1 have announced a significant investment for a minority stake in Welltec, a leading Financial Wellness Technology (FinWellTech) firm. This investment strengthens Welltec's position in the market, allowing them to expand their bespoke financial wellness programs targeted at financial and fintech organisations. This investment arrives at a pivotal moment,
Telcos can help Africa dial up the start-up ecosystem
These are exciting times to be an entrepreneur in Africa. Increasing connectivity and the growing popularity of digital payments are unlocking opportunities to access a young, tech-savvy population that will double in size in the next 30 years or so. In fact, African markets are expected to record double-digit annual growth in digital industries over
BCX DIA Winners Unveiled in a Thrilling Showcase of Innovation!
The heart of Parktown pulsated with excitement as BCX, a leader in the ICT industry, unveiled the champions of the BCX Digital Innovation Awards 2023, this week at the prestigious Sunday Times Top 100 event. Captains of industry gathered to witness the ground-breaking innovation displayed by some of South Africa’s most imaginative enterprises, SMEs, and
127 new electric car charging stations coming to South Africa
Mercedes-Benz South Africa (MBSA) is currently to working together with Tibco’s Chargify in an effort to roll out 127 new electric vehicle (EV) charging stations in South Africa. At a total cost of R40 million, the new sites will be consisting of a mix of AC and DC chargers, which will be rolled out in
Private security officers outnumber South Africa’s police force by 4-1
In 2022, the Private Security Industry Regulatory Authority (PSIRA) reported a staggering figure of almost 2.7 million registered security guards in South Africa, dwarfing the 140,048 personnel on the South African Police Service's (SAPS) roster. This surge in private security personnel is not surprising given the country's high crime rate, coupled with a declining appeal
Montego’s R33 Million Leap into Solar Energy
Solar power was first suggested by Edmond Becquerel way back in 1839. Now, almost 200 years later, it’s becoming one of the most widely used energy sources on the planet. Renewable energy, mostly from solar and wind, looks set to constitute around half of the world’s total energy supply by 2023, and in SA the
Teraco expanding data centre in Cape Town
The company that is part-owned by Digital Realty (NYSE: DLR), Teraco has made an announcement that it will be having a 30 megawatt (MW) expansion of its CT2 hyperscale data centre facility in Brackenfell, Cape Town. Teraco is looking to conclude the expansion project by early 2025, incorporating the latest environmentally sustainable cooling and water
ExxonMobil moving into lithium for Evs
The Houston, Texas based natural gas giant, ExxonMobil has revealed that it is planning on becoming one of the biggest suppliers of lithium for electric vehicles, marking this as the company’s first major foray outside of fossil fuels in decades. The plan is for Exxon to extract the metal from underground saltwater reservoirs in the
Coega successes the foundation for Gqeberha’s revival – Moore
Multibillion-rand investments in the Coega Special Economic Zone are laying the foundation for Gqeberha to realise its true potential as a city. That is the view of veteran Remax estate agent Alan Moore, who believes the SEZ’s successes should not be seen in isolation but as a catalyst for change in Nelson Mandela Bay. Coega
Mercedes-Benz: Luxury in the automotive industry
Mercedes, short for Mercedes-Benz, is a well-known and respected brand in the automotive industry. Mercedes-Benz is a German automobile manufacturer and a division of the Daimler AG company. The brand is known for producing a wide range of high-quality vehicles, including luxury cars, trucks, and buses. Here are some key points about Mercedes-Benz: History: Mercedes-Benz
Why energy efficiency compliance builds business trust
As much as businesses want to become more energy efficient, the reality is that South Africa is a challenging environment in which to do so. Most organisations are dependent on Eskom for their power, and while UPS/inverters, generators and solar solutions are available to ensure operations can continue amid load-shedding, they are costly. It should
Uber introduces electric vehicle-based service in South Africa
Uber has made an announcement that it will be soon launching its first electric vehicle-based service in South Africa over the next few months. Previously called Uber Connect, Uber Package enables users to book same-day pickup and delivery of a package within a single geographical area. From December 2023, the company will be switching vehicles
The EnergyDRIVE project introduced children from different provinces to renewable energy
South Africa’s large renewable energy facilities are in fairly remote and rural parts of the country. This means they are not constantly in the public eye, but also that they have the potential to help make rural communities more aware of renewable energy and the issues that drive it. Turning this potential into reality was
Experian and MTN’s Chenosis announce a partnership to drive financial inclusion in South Africa
In a groundbreaking collaboration, one of South Africa's major credit bureaus, Experian, has partnered with Chenosis, which is a cross-industry Application Programming Interface (API) marketplace and an MTN Platform Company, in order to harness data for advancing financial inclusion in the country. Despite an estimated 25 million credit-active consumers in South Africa, over 20% of
Standard Bank provides facility to combat climate change and improve the lives of rural communities
Standard Bank has recently finalised an agreement to provide financial support to The African Stove Company (TASC) for what is believed to be South Africa's first carbon credit project designed to combat climate change while simultaneously generating positive social impacts in rural areas. This funding facility is aimed at supporting TASC's socially-oriented initiatives. TASC generates
Vodacom has the best deals and more with up to 75% off this Black November
It’s Black November and Vodacom will be offering amazing discounts on everything customers need to stay connected! Whether they are working from home, studying online, gaming or streaming the hottest shows, Vodacom has the right deal for it. Customers can save up to 75% on fixed, home and mobile connectivity deals, and get new offers
The move to hybrid and multi-cloud environments is not a technology destination but genuine business transformation
It's virtually impossible to find a business that doesn't have some degree of involvement with the cloud or hasn't incorporated cloud strategies into its operations. The cloud has undoubtedly revolutionised the business landscape, but it's important to recognise that there is no one-size-fits-all solution. What works best for one business may not be ideal for
Ram showcases electric bakkie with built-in petrol generator to charge battery
Stellantis NV’s Ram truck brand is now offering a solution to range anxiety that leans into its petrol-powered roots, which is a battery-powered pickup with an on-board petrol generator to boost range and towing capacity. The Ramcharger, meant to launch in the market at the end of 2024, is tailored for truck enthusiasts who worry
NTT planning to test driverless vehicle tech with Toyota
Japan's NTT has announced that it has plans to embark on driverless vehicle technology testing in collaboration with Toyota and invest in a US-based startup specialising in self-driving systems. A spokesperson for NTT revealed that the company's goals include conducting tests with autonomous buses and taxis by as early as 2025 and allocating approximately ¥10
Massmart appoints former Amazon manager as head of e-commerce
Massmart, the owner of Game stores and Makro, has appointed Srividya Pandya as its new head of ecommerce, effective from the 1st of November 2023. Pandya has been part of the Massmart family, but she was with the parent company Walmart, serving as vice president of strategic integration for Walmart US. She also headed the