A SAPO office in the Eastern Cape. (Image source: SAPO via X) The South African Post Office (SAPO) is preparing to exit business rescue after its practitioners asked the High Court to terminate the proceedings. However, its long-delayed digital modernisation now rests on the shareholder and newly-appointed board after government failed to provide R3.8 billion…
Less than a week after its blockbuster $75 billion initial public offering, SpaceX has appointed veteran Sequoia Capital investor Roelof Botha to its board as an independent director. According to a regulatory filing, Botha will also join the aerospace giant’s audit committee effective immediately. Read: Siri AI: A deep dive into Apple’s new intelligent assistant…
Roelof Botha In a major corporate governance move following its blockbuster Wall Street debut, SpaceX has appointed prominent South African-born venture capitalist Roelof Botha to its board of directors. According to a regulatory filing submitted to the US Securities and Exchange Commission, Botha was elected as an independent common stock director effective 16 June 2026….
PORTLAND, ENGLAND – JUNE 14: Military helicopters are seen at the Smyrtos vessel outside the harbour, on June 14, 2026 in Portland, England. (Photo by Finnbarr Webster/Getty Images) Finnbarr Webster | Getty Images News | Getty Images British armed forces intercepted a Russian shadow fleet oil tanker in the early hours of Sunday, the U.K.’s…
Wits University CIO Dr Stanley Mpofu. University of Witwatersrand (Wits) chief information officer (CIO) Dr Stanley Mpofu has been appointed to the board of the South African Institute of Chartered Accountants (SAICA). SAICA is a professional accounting body and the principal organisation responsible for training, accrediting and regulating chartered accountants in South Africa. Dr Mpofu’s…
SANSA acts through a board consisting of a chairperson and 10 to 15 other members. (Image: 123RF, Wikipedia) The search for new board members of the South African National Space Agency (SANSA) has commenced, with interested parties invited to nominate their preferred candidates. SANSA is one of the entities within the portfolio of the Department…
Cabinet has approved a new board for the South African Post Office, removing a key procedural hurdle to the troubled entity applying to exit business rescue – but handing the incoming directors an organisation that the national treasury still refuses to fund and that its rescue practitioners were, just months ago, contemplating liquidation. Communications minister…
Washington, D.C. — At an extraordinary meeting, the Governing Board of the Pandemic Fund approved the activation of the Fund’s Emergency Financing Procedures (EFP), enabling the mobilization of up to US$220.6 million in Pandemic Fund grant financing to provide rapid and flexible support to fill critical gaps in response to the ongoing Ebola outbreak in Central and…
IHS Holding’s board backed MTN Group’s plan to buy out other shareholders and take the telecom tower operator private, setting up a vote on one of Africa’s largest digital infrastructure deals. MTN will offer $8.50 a share in cash through its subsidiaries Mobile Telephone Networks Netherlands B.V. and Sub-Merger Co. If approved, IHS will become…
Africa Bitcoin Corporation, the JSE-listed company formerly known as Altvest Capital, is moving its listing from the bourse’s junior market to the main board. The company said the JSE has approved its application to transfer its securities from the Alternative Exchange, or AltX, to the main board, where it will be classified under the general…
