Pick n Pay en EWaste Africa launch nationwide recycling network

Pick n Pay en EWaste Africa launch nationwide recycling network

Electronic waste recycler EWaste Africa has joined forces with retail giant Pick n Pay and the Electronic Responsibility Association (ERA NPC) to roll out a nationwide grid of in-store e-waste collection points. The joint initiative aims to directly confront South Africa’s stubbornly low electronics recycling rates by embedding drop-off points directly into everyday retail environments….

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Africa: Poor Pay Is Holding Back Africa’s Biodiversity Research and Reducing Its Contribution to Global Science

Africa: Poor Pay Is Holding Back Africa’s Biodiversity Research and Reducing Its Contribution to Global Science

Africa is one of the most biodiverse regions on Earth. But much of its biodiversity remains poorly studied. Research from the continent contributes to less than 1% to global scientific output. This pattern is often explained by limited investment in research. Governments in sub-Saharan Africa allocate, on average, only about 0.4% of their gross domestic…

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Araxi shareholders approve Pay@ deal

Araxi shareholders approve Pay@ deal

Araxi chief executive Bradley Sacks. JSE-listed fintech firm Araxi, formerly known as Capital Appreciation, has announced its shareholders voted and overwhelmingly approved its acquisition of 80% of the shares in the Pay@ Group. Araxi also said the competition authorities recently approved the transaction, which is expected to close during May. Pay@ is a payment aggregator…

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Competition Commission approves R1 billion acquisition of Pay@

Competition Commission approves R1 billion acquisition of Pay@

South Africa’s Competition Commission has approved the R1 billion acquisition of major payment platform Pay@ by the fintech group Araxi. The transaction, facilitated through Araxi’s African Resonance subsidiary, involves the acquisition of Pay@ and its cross-border expansion arm, IPH, without conditions. The Commission determined that the deal is unlikely to substantially diminish competition in any…

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GoTyme Bank in mall expansion drive after Pick n Pay exit

GoTyme Bank in mall expansion drive after Pick n Pay exit

Mall expansion replaces Pick n Pay kiosks as GoTyme scales hybrid banking. Digital bank GoTyme, formerly TymeBank, is ramping up its expansion into shopping centres, as it accelerates its hybrid ‘phygital’ model built around setting up mall-based customer hubs. The move forms part of a strategic shift in how the ‘neo bank’ engages customers, positioning…

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