Capitec group CEO Graham Lee. Capitec has entered into a binding agreement to acquire 100% of fintech start-up Walletdoc, subject to regulatory approvals. In a statement, the bank says the acquisition marks a significant milestone in its strategy to offer secure payment acceptance to Capitec Business clients and e-commerce solutions to Capitec Personal Banking clients….
Capitec’s head office in Stellenbosch. Image: Capitec Capitec is moving deeper into South Africa’s fast-growing payments ecosystem with a R400-million acquisition of fintech player Walletdoc, a move that signals the Stellenbosch-based bank’s intention to broaden its reach in digital commerce and lower the cost of transacting. The bank said on Monday that it has signed…
Mike Blake/Netflix Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for US$72-billion, excluding debt, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer that has upended the media industry. The agreement, announced on Friday, follows a weeks-long bidding…
Naspers units like Takealot were trading at a discount . Naspers’ fourth share split in its history is already showing positive momentum, with the stock up almost 4% over five days at its post-split price. The company’s move is aimed at boosting liquidity, making it easier for more investors to buy and sell the shares….
Blu Label Unlimited Group’s 2025 annual report, published on Wednesday, again confirmed what has been talked in the market for months: Cell C is likely to soon find its way onto the JSE. The surprise is that the bigger story here may not be Cell C’s listing but what the move would mean for Blu…
Blu Label Unlimited Group’s 2025 annual report, published on Wednesday, again confirmed what has been talked in the market for months: Cell C is likely to soon find its way onto the JSE. The surprise is that the bigger story here may not be Cell C’s listing but what the move would mean for Blu…
Christian Gisy, CEO of OLX Group. OLX Group, an online classifieds business wholly-owned by Prosus, has announced an agreement to acquire La Centrale, a French autos classifieds platform, from Providence Equity Partners for €1.1 billion (R22.4 billion). The transaction is expected to close by year-end, subject to the customary employee consultation process. In a statement,…
A Telkom communications tower in Pretoria MTN Group is considering renewing talks, previously abandoned, to acquire rival Telkom, Bloomberg News reported on Thursday, citing unnamed sources familiar with the situation. “The two companies could begin negotiations before the end of the year, though there’s no guarantee that these talks would lead to a deal,” the…
US President Donald Trump. Image US President Donald Trump said on Friday that the US would take a 10% stake in Intel under a deal with the struggling chip maker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America. The deal puts Trump on better…
After more than three-and-a-half years of regulatory wrangling, Vodacom South Africa has finally been given the green light to acquire a co-controlling 30-34.95% stake in fibre operator Maziv, TechCentral has learnt. Maziv, which owns Vumatel and Dark Fibre Africa, will now get billions of rand in new capital flowing into its coffers that will allow…
