Cell C CEO Jorge Mendes. (Image supplied) Cell C CEO Jorge Mendes has bought nearly R20.8 million worth of shares in the company in two on-market transactions. A JSE disclosure shows Mendes acquired 52 187 ordinary shares at R23 each on 17 September, for a total of R1.2 million. Four days later, on 21 September,…
Cell C CEO Jorge Mendes Cell C CEO Jorge Mendes has bought R20.8-million of shares in the company he runs, in two on-market purchases four days apart. According to a Sens announcement on Tuesday, Mendes bought 52 187 ordinary shares at R23 each on 17 September, a R1.2-million transaction, and a further 740 000 shares at R26.50…
Discovery’s head office in Sandton. Image: Boogertman and Partners Discovery is buying its way deeper into US health technology. On 1 September, two months after its financial year ended and two days before it reported annual results, the group’s wholly owned US subsidiary Vitality Group International acquired 100% of Icario Holdco, a US healthcare services…
Purple Group, the JSE-listed owner of EasyEquities, is acquiring Telescope AI, the Australian start-up whose technology already powers the investment platform’s AI Baskets feature, in a deal worth up to US$10.75-million (R177-million). Purple Group and EasyEquities operator First World Trader will each acquire 50% of Telescope AI from the Pettett Family Trust and three key…
Conflict coltan smuggled from the war-torn Democratic Republic of the Congo (DRC) is finding its way into global markets and popular consumer products, despite due diligence systems Who buys Rwanda’s smuggled coltan? Download Resource Where have over 2,000 tonnes of smuggled conflict coltan gone? Keep up with the latest headlines on WhatsApp | LinkedIn These…
From left, Carl Wazen (Yoco chief business officer), Thalentha Ngobeni (Dyner CEO), Christopher du Plessis (Dyner CTO) and Lungisa Matshoba (Yoco chief product and technology officer) Payments company Yoco has acquired Dyner.ai, a local start-up that builds AI-driven operations software for restaurants and other small businesses, for an undisclosed sum. The deal appears to be…
Yoco has snapped up Dyner.ai. Fintech firm Yoco has acquired Dyner.ai, an AI-native operating system built for restaurants and independent businesses, for an undisclosed amount. In a statement, the company says the acquisition marks a step in Yoco’s evolution from a payments company into a broader commerce and operations platform for independent businesses. It notes…
The universe of Eve Online is expanding in an unexpected direction. Fenris Creations, the developer formerly known as CCP Games, has announced a strategic partnership with Google, seeing the search giant take a minority stake in the studio. This shift comes on the heels of the developer successfully buying back the rights to the Eve…
The purchase is part of wider plans to prevent major artworks from being bought by private collectors.
In a move that fundamentally reshapes the African telecommunications landscape, MTN Group has agreed to acquire the remaining shares of IHS Towers that it does not already own. The deal, valued at approximately $2.2 billion (R35.3 billion), will see Africa’s largest mobile operator seize full control of nearly 29,000 towers across the continent. This transaction…
