Metrofile Holdings will be acquired by a special purpose company wholly owned by Mango Holding in a cash-for-shares transaction that values the group at R3.25/share. The deal and offer price, announced to shareholders on Wednesday through the JSE’s stock exchange news service, represents a substantial premium to Metrofile’s share price before talks became public. Mango…
KBS Partners with Rimini Street to Accelerate its AI Vision Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Korean Broadcasting System (KBS) has partnered with Rimini Street to provide support for its…
Image for illustration purposes only The Android operating system, owned by internet advertising giant Google, is the most used computing platform in the world. Google acquired Android in 2005 and chose to make much of the platform open source, ensuring a wide range of device manufacturers could ship smartphones by abstracting away the software layer,…
Founder and CEO of Yoco, Katlego Maphai, will step down from his executive role but will remain actively involved in initiatives supporting small business development. Yoco’s founders | Image source: Yoco Co-founders Lungisa Matshoba and Bradley Wattrus have been appointed as co-CEOs. Matshoba will focus on product innovation and growth, while Wattrus will oversee governance…
In 2025, over 16 000 South African schools still have no access to connectivity for learning and teaching. Government has admitted to challenges in driving digital transformation in schools, noting its financial limitations in providing access to ICT tools and connectivity. As it stands, over 16 000 public schools remain offline. This was revealed during…
Yoco co-founder and outgoing CEO Katlego Maphai Katlego Maphai, co-founder and long-serving CEO of South African fintech company Yoco, has announced he will step down from the role after more than 10 years at the helm. Maphai revealed the decision in a LinkedIn post on Wednesday, saying the move comes after a period of reflection….
Department of Home Affairs minister Dr Leon Schreiber. (Photograph by DHA) Home affairs minister Dr Leon Schreiber will tomorrow demonstrate the new Electronic Travel Authorisation (ETA) system, as he continues his fight against corruption by deploying artificial intelligence (AI). The Department of Home Affairs (DHA) is prioritising anti-corruption efforts through digitisation and AI, which are…
Chinese vehicle manufacturing giant BYD on Tuesday unveiled South Africa’s new cheapest electric car, costing just R339 900. BYD, often describes as China’s Tesla – and which is even outselling Tesla now in some markets – unveiled two derivatives of the new Dolphin Surf in Cape Town. The first is the Dolphin Surf Comfort, which kicks…
Bug bounty hunters and partners stress the value of acquiring an attacker’s view of the organisation’s systems. Cyber security specialist Integrity360 has partnered with offensive security solution company and bug bounty hunter HackerOne to leverage the expertise of a 2 million-strong global ethical hacker community. Access to this community will ensure real-time vulnerability discovery and…
Naspers has declared and finalised a five-for-one subdivision of both its “N” and “A” shares, saying the move will make the stock more accessible to retail investors. The implementation will kick in from Monday, 6 October 2025. New N ordinary shares will list on the JSE from Wednesday, 1 October, with the record date set…
