Ramokgopa bullish on energy outlook as new projects get green light

Ramokgopa bullish on energy outlook as new projects get green light

Electricity minister Kgosientsho Ramokgopa Electricity minister Kgosientsho Ramokgopa is upbeat about the energy sector for next year, saying it has moved from a “crisis” to a “catalyst” for economic growth. While announcing the first stage of the Independent Transmission Projects (ITP) programme and the additional preferred bidders under bid window 7 of the renewable energy…

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Lesaka’s R1.1bn bid for Bank Zero gets green light

Lesaka’s R1.1bn bid for Bank Zero gets green light

Based on a zero-fee banking model, Bank Zero launched to the public in August 2021. The Competition Commission has recommended that the Competition Tribunal approves the proposed transaction whereby Lesaka intends to acquire Bank Zero, without conditions. This, after fintech group Lesaka Technologies in June announced it will acquire 100% of the issued ordinary shares…

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Raxio-Laser Light Team to Transform Digital Access in Markets Home to Half a Billion People

Raxio-Laser Light Team to Transform Digital Access in Markets Home to Half a Billion People

Africa’s fastest-growing but least-served online markets are set to gain more affordable, reliable, and higher-speed internet access through a partnership between Raxio Group, the continent’s most expansive data centre operator, and Laser Light Africa, the regional unit of the U.S.-based operator of one of the world’s most advanced integrated digital networks. The landmark agreement pairs…

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TymeBank gets green light to buy Sanlam’s loan portfolio

TymeBank gets green light to buy Sanlam’s loan portfolio

As of 31 December 2024, TymeBank had 10.7 million customers. The Competition Commission has recommended unconditional approval of TymeBank’s proposed acquisition of SanlamTyme and a portfolio of unsecured personal loans from Sanlam Personal Loans (SPL). TymeBank, South Africa’s first digital-only bank and majority-owned by Patrice Motsepe’s African Rainbow Capital (ARC), now holds deposits nearing R7…

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IO Interactive unveils 007 First Light in new trailer

IO Interactive unveils 007 First Light in new trailer

The developer behind Hitman: World of Assassination, IO Interactive, has finally offered a first look at its take on James Bond. A new trailer for the game, now officially titled 007 First Light, debuted during Sony’s Summer State of Play on June 4. IO Interactive initially announced its “Project 007” back in November 2020, revealing…

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