Africa Bitcoin Corp founder quits after R5m fine

Africa Bitcoin Corp founder quits after R5m fine

Africa Bitcoin Corporation (ABC) founder Warren Wheatley. Africa Bitcoin Corporation (ABC) co-founder Warren Wheatley has resigned as CEO, weeks after being slapped with a R5 million fine and 20-year debarment over share trades he says involved just 50 shares worth R301. Wheatley was placed on precautionary suspension late last month, with well-known tech personality Stafford…

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VUT invests R5m in revamped science labs

VUT invests R5m in revamped science labs

Vaal University of Technology students in one of the newly-revamped specialist teaching labs. (Image: supplied) To mark its diamond jubilee, the Vaal University of Technology (VUT) has announced a R5 million investment in revamped science laboratories and a postgraduate learning space. The investment, funded through a Department of Higher Education and Training grant, has modernised…

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Andile Ngcaba-led subsidiary launches R5m ISP fund

Andile Ngcaba-led subsidiary launches R5m ISP fund

An internet service provider entrepreneur at work. Tech Credit Fund, a subsidiary of Solcon Capital, has launched a credit fund to support black-owned internet service providers (ISPs) and accelerate broadband connectivity in SA’s townships and rural communities. Solcon Capital is businessman Andile Ngcaba’s global investment firm. According to a statement, the credit fund will provide…

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