iOCO co-CEO Rhys Summerton. (Photograph supplied) iOCO, formerly known as EOH, has continued to return capital to shareholders after repurchasing a further 2.34 million shares in the open market. In a notice to shareholders, the JSE-listed IT services group said it repurchased 2 344 669 ordinary shares between 29 November 2025 and 31 December 2025. …
Evan Robinson, technical co-founder and now head of product at TaxTim. TaxTim, a South African-based digital tax assistant, has been acquired by a private consortium, led by Twofold Capital, for an undisclosed amount. The consortium, which includes Stellenbosch-based technology group Octoco, provided a successful exit for TaxTim’s non-operational shareholders and a partial exit for co-founder…
Nedbank has agreed to acquire Durban-based fintech iKhokha for R1.65bn in an all-cash deal. The transaction, which is subject to regulatory approval, is expected to be finalised in the coming months. According to a statement cited in a MyBroadband report, the bank said the acquisition will allow it to merge iKhokha’s payment technology with Nedbank’s…
Samsung Electronics has unveiled a raft of new security features to help users of its smartphones combat theft, especially in scenarios such as smash-and-grabs or pickpocketing. The first of the new features makes use of location data to detect when a device is in an unfamiliar location and automatically adds a layer of biometric authentication…
