Revolut’s head office in London. Hiba Kola/Reuters Britain’s Revolut said on Monday it had completed a secondary share sale valuing it at US$75-billion, a 66% jump from last year and underlining the rapid growth of Europe’s most valuable fintech company. London-based Revolut said the sale was led by investors Coatue, Greenoaks, Dragoneer and Fidelity, while…
On 19 August 2025, International Federation of Red Cross and Red Crescent Societies (IFRC) officially launched the Africa Zero Hunger: United for Durable Solutions campaign — a bold, Africa-wide movement to change the way we respond to food insecurity. Moderated by award-winning journalist Victoria Rubadiri, the virtual launch brought together policymakers, humanitarian leaders, grassroots innovators,…
BYD’s Atto 1 BYD – the Shenzhen-headquartered vehicle manufacturer sometimes referred to as “China’s Tesla” – will launch its lowest-model to date, the Atto 1, in South Africa next month, at an expected price point of below R400 000. That’s according to a report by CarMag, which recently travelled to China with BYD. Though it said…
Stellantis is set to launch the Leapmotor brand in South Africa this September, with the C10 electric SUV leading the charge. The C10 features a petrol engine that acts purely as a battery charger, extending its range. More Leapmotor models, including fully electric options, are expected to follow next year, according to Mike Whitfield, MD…
Chery Group – the company responsible for car brands Chery, Jaecoo and Omoda – will introduce a new energy vehicle brand to the South African automotive market in the first quarter of 2026. Established in 2023, iCAUR (pronounced “eye car”), specialises in sport utility vehicles and has a range that includes fully electric and hybrid…
South Africa-born billionaire Elon Musk has traded barbs with EFF leader Julius Malema South Africa’s fourth-largest political party, which has long warred with billionaire Elon Musk, has warned it will “never allow” Musk’s Starlink satellite service to be launched in the country. In an address to parliament on Friday, at the department of communications &…
Elon Musk says he is launching a new political party, weeks after dramatically falling out with US President Donald Trump. The billionaire announced on his social media platform X that he had set up the America Party, billing it as a challenge to the Republican and Democratic two-party system. However, it is unclear if the…
Donald Trump is entering the telecommunications market with a new cellular brand, Trump Mobile, announced today by Donald Trump Jr. The new venture will offer a single wireless plan called “The 47 Plan” and will also sell a gold-accented smartphone, “The T1 Phone,” purportedly manufactured in the United States. Read: iPadOS 26 unleashes Mac-like productivity…
Mr Price has released its financial results for the year ended March, 2025, highlighting impressive growth in its telecoms segment. This surge is partly attributed to the successful launch of its own smartphone brand, Salt. Read: Sociable: A new South African app reimagining social media Retail sales through Mr Price Cellular and Powercell saw a…
