A direct-to-player payment system with $1.67 million paid across eight markets, more than 47,000 instant disbursements, and equal pay for the women’s game by design. betPawa today published a full year of verified payout data from its Locker Room Bonusprogramme, and the numbers describe something few private-sector sports initiatives in Africa have managed to build:…
Eight months after crossing the finish line, Soweto Marathon winners may finally receive some of their long-overdue prize money. Athletes still waiting for prize money from the 2025 Soweto Marathon may finally receive what they are owed. Well, at least part of it. On 17 July, Central Gauteng Athletics (CGA) issued a statement outlining efforts…
An upgraded SAPO point-of-sale device. (Image: Supplied) The South African Post Office (SAPO) has upgraded its point-of-sale (POS) platform across 610 priority branches nationwide. This, it says, is part of its branch network modernisation programme aimed at strengthening payment security, improving system reliability and bringing SAPO’s payment infrastructure in line with current industry standards. The…
UN cultural agency UNESCO has launched a global consultation process to inform its Draft Guidance on Fair Compensation for News, particularly as online platforms and artificial intelligence (AI) increasingly rely on journalistic content. The initiative comes “at a time when securing the sustainability of news media is more urgent than ever to protect the future…
A federal appeals court ruled this week that President Donald Trump doesn’t need to pay an $83 million defamation award to writer E. Jean Carroll until the Supreme Court either reviews the case or decides to pass on it. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The…
Financial fraud presents a direct reputational exposure for listed companies. Financial fraud is no longer a peripheral concern for large organisations. It sits on audit committee agendas, features in board risk registers and has become a direct reputational exposure for listed companies. The question for CFOs and their teams is not whether controls are needed,…
Rory Bosman, executive for sales and marketing at Ecentric Payment Systems. The South African informal economy is surrounded by estimates. The economy itself is estimated to be worth around R900 billion, with spaza shops sitting at the heart of this thriving retail sector. The estimated 150 000 spaza shops operating around the country are contributing…
No consumer data was breached after hackers gained access to “sensitive” technical information, says Lesaka. (Source: Lesaka) JSE-listed Lesaka unit Adumo is assuring its clients that no consumer data was breached during a cyber attack that apparently resulted in thousands of files being made available for sale on the dark web. Website dailydarkweb.net reports that…
Interswitch Group, has reaffirmed its commitment to advancing a seamless and inclusive financial ecosystem across the African continent by advocating for a trust-driven infrastructure that will boost Africa’s cross-border payment. The company made the call during its recently concluded Inclusive Fintech Forum 2026, which held at the Kigali Convention Centre, in Rwanda. Speaking during the…
Orca Fraud has raised $2.35 million in seed funding to expand its real-time fraud monitoring platform across Africa and other emerging markets. The round was led by Norrsken22 with participation from OneDayYes, Enza Capital and CV VC Africa. Founded by Thalia Pillay and Carla Wilby, the company provides software that monitors financial transactions in real…
