Company - eriinfo

Africa

Africa: Deputy President Urges Chinese Medical Technology Company to Invest in South Africa

eriinfo.com1 week ago05 mins

Deputy President Paul Mashatile has called on Chinese medical device and healthcare technology manufacturer Mindray Bio-Medical Electronics to consider expanding its footprint in South Africa through manufacturing, assembly and localisation opportunities. “We would also welcome discussions around expanding local operations, developing regional service and training centres, and exploring opportunities for medical technology manufacturing, assembly and…

Why a payments company tracks South Africa’s financial pulse

eriinfo.com3 weeks ago010 mins

For South Africa’s merchants and lenders, the most important question at the end of each month is a simple one: can customers actually pay? Behind every card swipe, debit order and instalment sits a household balance sheet under strain – and for the businesses that depend on those transactions clearing, reading the resilience of those…

Why a payments company is tracking the financial pulse of SA’s households

eriinfo.com3 weeks ago08 mins

Will customers be able to pay? (Image: Altron FinTech) For most of South Africa’s merchants, the question that matters at the end of each month is deceptively simple: will customers be able to pay? Behind every swipe, debit order and instalment lies a household balance sheet under pressure – and for the businesses that depend…

Canal+ lists on the JSE in first for a French company

eriinfo.com1 month ago03 mins

Canal+ CEO Maxime Saada Canal+, the French media group that now owns MultiChoice, has listed on the JSE – barely six months after taking full control of MultiChoice and delisting it from the same exchange. The secondary inward listing on the JSE’s main board, effective Wednesday, makes Canal+ the first French company to list in…

Reunert company iqbusiness acquires Silversoft Group, expanding ERP and PSA capability and accelerating international growth

eriinfo.com1 month ago06 mins

Rob Godlonton, CEO of iqbusiness. iqbusiness is a key part of Reunert’s ICT segment and reflects the group’s strategic commitment to expanding its digital and technology capabilities. Since acquiring a majority stake in iqbusiness in 2023, Reunert has continued investing in its ICT segment, strengthening its position as a leading South African technology and digital…

Company cutting 17% of staff

eriinfo.com2 months ago05 mins

Intuit CEO Sasan Goodarzi speaks at the ribbon-cutting ceremony during opening night at Intuit Dome in Los Angeles on Aug. 15, 2024. Amy Sussman | Wireimage | Getty Images Tax and finance software maker Intuit said Wednesday that it’s cutting 17% of its full-time workforce, the latest tech company to announce a mass downsizing during…

Mobix Labs to Acquire U.S. Rare Earth and Critical Minerals Company Powering Defense and National Security

eriinfo.com2 months ago07 mins

U.S.A F-35 Lightning II Mobix Labs, Inc. (Nasdaq: MOBX) today announced it has signed a non-binding Letter of Intent to acquire Special Project Delivery LLC (“SPD”), a strategic infrastructure platform building sovereign U.S. supply chains for rare earth elements, critical minerals, and energy storage. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260514342224/en/…

Africa

Africa: Inkomoko Ranked Africa’s 5th Fastest-Growing Company, Only Rwandan Firm On Ft List

eriinfo.com2 months ago07 mins

Inkomoko has been ranked the 5th fastest-growing company in Africa by the Financial Times (FT), making it the only Rwandan company featured on this year’s list. The recognition highlights its rapid growth and its impact in supporting underserved micro and small businesses across Africa, including entrepreneurs in displacement-affected communities. This is the second year in…

SA start-up HyperDev wants to turn your AI-built app into a real company

eriinfo.com4 months ago09 mins

HyperDev’s Anton Moulder Vibe coding tools have made it trivially easy to build an app. But almost nobody is turning those apps into actual businesses — and a South African start-up thinks it knows why. HyperDev is an AI-powered software development tool that aims to address gaps in the vibe coding market — such as…

Africa

Africa: Renaissance Africa Energy Company Limited – Energy for People and Planet

eriinfo.com4 months ago03 mins

Renaissance Africa Energy Company Limited pulled off the biggest divestment transaction by an indigenous company in Nigeria’s history last March when it completed the acquisition of Shell’s share in the Shell Petroleum Development Company (SPDC) Joint Venture (JV) and retained Operatorship of the largest upstream company in the country. Also, Renaissance boosted production by 40%…