Araxi CEO Bradley Sacks. JSE-listed payment solutions provider Araxi will acquire B2B payment solutions company Pay@ in a R1 billion deal, to be settled in cash. The consideration comprises R200 million from the Araxi Group’s existing cash reserves and R800 million in senior debt already committed. Forty percent of the shares of Pay@ are currently owned…
Zijin Mining is finalizing a $4 billion all-cash acquisition of Allied Gold Corporation, tightening its grip on African gold output as prices surge. Under the agreement, Zijin Gold International will pay C$44 a share, valuing Allied Gold at about $4 billion. The assets produced about 400,000 ounces in 2025 and are expected to reach about…
“We are in the midst of a rupture, not a transition,” Canadian Prime Minister Mark Carney said in his speech at Davos on Monday. “Great powers have begun using economic integration as weapons, tariffs as leverage, financial infrastructure as coercion, supply chains as vulnerabilities to be exploited.” “You cannot live within the lie of mutual…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Trump says he is seeking to acquire Greenland 01:16 UP NEXT Grok faces backlash over generating explicit images 01:26 Baltimore Ravens fire head coach John Harbaugh 00:17 Venezuela to turn over up to 50 million barrels of oil…
U.S. President Donald Trump gestures as he arrives to address House Republicans at their annual issues conference retreat, at the Kennedy Center, renamed the Trump-Kennedy Center by the Trump-appointed board of directors, in Washington, D.C., U.S., January 6, 2026. Kevin Lamarque | Reuters President Donald Trump and his team are considering “a range of options”…
Mathias Miedreich, CEO of ZF Group; Young Sohn, Chairman of the Board of Directors, HARMAN and Senior Advisor, Samsung Electronics; and Christian Sobottka, Chief Executive Officer and President, Automotive Division, HARMAN, sign a definitive agreement for HARMAN to acquire ZF’s ADAS business – strengthening HARMAN’s leadership in software-defined vehicles and advancing a unified safety-to-experience platform…
The logo of Japanese company SoftBank Group at the company’s headquarters in Tokyo on November 21, 2025. Kazuhiro Nogi | Afp | Getty Images Shares of data center investment firm DigitalBridge surged as much as 50% in premarket trade on Monday, following a media report that Japan’s SoftBank is in advanced talks to acquire the…
Capitec Bank has entered into a binding agreement to acquire 100% of Walletdoc Holdings Proprietary Limited, subject to regulatory approvals. The move forms part of Capitec’s strategy to enhance its digital payments ecosystem for both Business and Personal Banking clients. Founded in 2015, Walletdoc is a South African fintech providing scalable payment gateway solutions for…
The Competition Commission has approved the acquisition of digital financial services bank Bank Zero by Lesaka Technologies for a total transaction value of R1.1 billion. Read: Discovery Bank partners with Luno in SA for crypto trading The commission announced on Tuesday, November 18, 2025, that it has recommended the deal be allowed to proceed without…
Coca-Cola HBC has agreed to acquire a 75% stake in Coca-Cola Beverages Africa (CCBA) from The Coca-Cola Company and Gutsche Family Investments for $2.6 billion The transaction, announced on October, ranks among the largest in the history of the Coca-Cola system CCBA operates in 14 African markets including South Africa, Kenya, Ethiopia, Uganda, and Mozambique,…
