US cybersecurity giant invests big in South Africa

US cybersecurity giant invests big in South Africa

Helmut Reisinger, CEO of Palo Alto Networks in Europe, the Middle East and Africa Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa. The US company sees growth rates “way above” what it achieves at a global level, according to Helmut Reisinger, its CEO for Europe, the…

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Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

As drinking declines in Europe and North America, global alcohol companies are shifting their growth strategy towards emerging markets – including South Africa. Public health advocates warn that increased sales efforts could deepen alcohol-related harm just as the Treasury considers reforms aimed at reducing consumption. When Heineken’s global CEO, Dolf van den Brink, announced his…

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Big changes at Lesaka as Bank Zero deal nears completion

Big changes at Lesaka as Bank Zero deal nears completion

Lincoln Mali JSE- and Nasdaq-listed fintech Lesaka Technologies is involved in a corporate shake-up, including an internal rationalisation of its operating portfolio and an outward facelift of its brand identity. Lincoln Mali, MD for Southern Africa at Lesaka Technologies, said the incorporation of recently acquired Bank Zero into the Lesaka stable – which still requires…

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