Capitec’s fintech business – value-added services including prepaid airtime, data, electricity and money transfers, plus its Capitec Connect mobile service – contributed R2.7-billion to group headline earnings in the six months to 31 August, according to the group’s own breakdown. That is about three-quarters of the R3.5-billion in headline earnings from its Personal Banking business…
This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. Zoe De La Paz shares a bedroom with a woman she met just a few months ago. She doesn’t have a car and hitchhikes when she needs a ride into town….
The President of Confédération Africaine de Football (“CAF”) Dr Patrice Motsepe on Thursday paid a courtesy visit to Tanzania Head of State, Her Excellency Samia Suluhu Hassan in Dar es Salaam, Tanzania. During the visit, Dr Motsepe conveyed his condolences and that of the 54 Member Associations of CAF to Her Excellency Samia Suluhu following…
From South Sudan to Guatemala, learn how WFP’s anticipatory projects ensure vulnerable people can better prepare and respond to weather shocks. What remains today of the seasonal Singaita River, in South Sudan‘s Eastern Equatoria state, is a long stretch of sand cutting through a landscape scorched by relentless heat. Fields that should be green with…
African countries have committed themselves to cutting greenhouse gas emissions and protecting their people from the worsening effects of climate change. These commitments form part of the Paris Agreement, an international climate treaty adopted in 2015 in which countries agreed to take steps to limit global warming. Doing this requires billions of dollars in climate…
Karooooo CEO Zak Calisto Singapore-headquartered Karooooo, the parent of South African fleet management and operational intelligence company Cartrack, has reported record quarterly subscriber growth, with South Africa leading the charge. Net subscriber additions jumped 70% to a record 142 472 in the three months to 31 May 2026, the first quarter of the group’s 2027 financial…
Enrico Ferigolli Pick n Pay has switched on an AI shopping companion called Penny inside its asap! app, and in this episode of the TechCentral Show, retail executive for omnichannel Enrico Ferigolli takes editor Duncan McLeod through what it does and why it matters. Built on Google’s Gemini models, Penny lets customers build a grocery…
Pick n Pay is adding an AI shopping companion called Penny to its asap! app, letting customers build a grocery basket by asking for what they want in their own words — by voice, text or photograph — rather than searching and scrolling through product listings. The feature, built on Google’s Gemini models, goes live…
The latest strikes on Iran and the widening confrontation across the Middle East are not distant geopolitical theatre for Africa. They are economic tremors that travel directly to our fuel pumps, supermarket shelves and national budgets. Whenever conflict erupts in the Gulf, global markets react instantly. The world’s energy system remains tightly bound to the…
Money fuels politics. But when it flows in the shadows, democracy is the first casualty. Across most of Africa, and much of the Asia-Pacific, Latin America and the Caribbean, citizens are expected to vote without knowing who pays for the campaigns competing for their support. New research by Transparency International finds that only about one…
