The social grants system has faced allegations of fraud over the years. MTBPS 2026: Government has witnessed R13.1 billion in savings by reducing social grant fraud through administration and verification measures. As a result, it will implement similar approaches for the National Student Financial Aid Scheme bursaries and housing subsidies, according to National Treasury. Treasury…
Lincoln Mali, CEO of Lesaka Southern Africa. (Photograph by: Lesley Moyo) Fintech group Lesaka’s consumer division, which caters for South African Social Security Agency (SASSA) grant beneficiaries, is continuing to make gains. This emerged when the JSE- and Nasdaq-listed company today published its third quarter results for 2026. At segment level, the consumer division delivered…
Dr Tim Köhler, senior research officer at the Development Policy Research Unit in UCT’s School of Economics. A University of Cape Town (UCT) researcher has secured international funding to examine whether generative artificial intelligence (AI) can improve employment outcomes for South Africa’s unemployed youth. Dr Tim Köhler, senior research officer at the Development Policy Research…
Lincoln Mali, CEO of Lesaka Southern Africa. JSE-listed fintech group Lesaka Technologies disbursed loans amounting to over R1 billion to its customers, the majority of whom are South African Social Security Agency (SASSA) grant beneficiaries. This is according to Lincoln Mali, CEO of Lesaka Southern Africa, speaking today in an interview with ITWeb after the…
Gaborone, Botswana — Eight Southern African countries – Botswana, Lesotho, Madagascar, Malawi, Mozambique, Namibia, South Africa, and Zimbabwe are joining forces to Prevent, detect and respond to disease outbreaks before they spread to communities. The three-year, USD 35.8 million initiative, Strengthening One Health Disease Surveillance and Response in Southern Africa, coordinated by the World Health…
STORY HIGHLIGHTS In five years, a Nairobi-based glass recycling business has grown from 60 to 140 employees and an annual revenue of $800,000. The business received a $36,000 grant from the World Bank-funded Kenya Youth Employment and Opportunities Project (KYEOP). Through the KYEOP’s MbeleNaBiz Initiative, 750 young Kenyans received grants of $9,000 or $36,000 to…
Washington — THE African Development Bank (AfDB) has pledged to provide a total of 60m US dollars to the Tanzania Agricultural Development Bank (TADB) in 2026 to enhance its capital base further. This was disclosed by the Managing Director of TADB, Frank Nyabundege, at the Embassy of Tanzania on the sidelines of the Annual Meetings…
From his early days in sales to running multiple ventures across coaching, tourism, property, and direct sales, Grant Sherwood has built a career centred on one powerful idea — that the foundation of every successful business lies in the mindset and identity of its leader. With over 14 years of experience in people development and…
Meta, in partnership with Data Science Africa, has announced the winners of the 2025 Llama Impact Grant for Startups and Researchers at the UN General Assembly’s Unstoppable Africa event. The programme, launched in March 2025, forms part of Meta’s global Llama Impact Grants initiative. It supports startups and researchers across Sub-Saharan Africa in applying Meta’s…
Meta’s Llama Impact Grant supports organisations and individuals that leverage Llama to develop solutions tailored for Sub-Saharan Africa. Two local start-ups − Vambo AI and PropelMapper − are among the five winners of the Llama Impact Grant for start-ups and researchers based in Sub-Saharan Africa. In March, Facebook-parent company Meta, in partnership with Data Science…
