South African discount retailer Pepkor Holdings has received regulatory approval to establish a banking presence, it said on Tuesday, as it expands beyond retail and basic financial services. Pepkor said in a statement that it had secured approval from the Prudential Authority in November, enabling it to enter South Africa’s competitive banking sector. The company…
The communications & digital technologies department has issued a wide-ranging request for information (RFI) inviting potential partners to help modernise and commercialise key parts of the South African Post Office (Sapo), including its digital platform. It forms part of the company’s turnaround strategy to optimise its assets and infrastructure through partnerships with both the private…
The partners aim to cultivate a generation of African digital leaders who can strike a balance between innovation and effective regulation. Cambridge Enterprise and the Securities and Exchange Commission (SEC) Nigeria have partnered to enhance Africa’s capacity to strike a balance between innovation and regulation within the continent’s rapidly evolving fintech landscape. The collaboration is…
The Competition Commission found that Google and YouTube reproduce South African news content, but provide no remuneration to local publishers. Google and YouTube have agreed to establish a combined R688 million media support package to fund national, community and vernacular media in SA. This is one of the key recommended remedies in the Competition Commission’s…
Calisto Radithipa Interview with Calisto RadithipaFOUNDER and CEO, KEMCORE Lives in: Cape Town, South Africa Calisto Radithipa has built Kemcore into a key supplier to Zambia and DRC’s copper and cobalt mines. Calisto Radithipa was born in Marobela village in eastern Botswana, near the Zimbabwean border. In 2001, with local universities full, he received a…
Freetown — Sierra Leone’s economy is showing signs of stability in the face of heightened global challenges, with growth projected at 4.3 percent in 2025 and reaching 4.6 percent by 2027, according to the latest World Bank Sierra Leone Economic Update (SLEU) launched today in Freetown. This outlook is supported by expected improvements in agricultural…
The global business services sector is one of the fastest growing sectors in SA and a priority sector for government. South Africa’s global business services (GBS) sector shows no signs of slowing down, adding 8 180 net new international jobs from April to June. The resulted in $131 million (R2.3 billion) contributed to the country’s…
The slow pace of meaningful transformation in the ICT industry has been exposed. The B-BBEE ICT Sector Council says it received only three equity equivalent investment programme (EEIP) applications over the past 12 months. In addition, the council says it encounters pushback when trying to verify the investment commitments and deployment of funds by multinational…
Nigeria’s digital landscape may become under siege, if nothing is quickly done to tame the tide of cyber attacks targeting the country in particular and entire continent in general. Cyber attacks driven by financial gain, according to a new Microsoft report have surged, with 52% of incidents motivated by extortion or ransomware. The country’s growing…
Agriculture PS, Dr. Paul Kipronoh Ronoh, when he presided over the 28th Graduation Ceremony of Bukura Agricultural College in Kakamega County. PHOTO/UGC. The political temperature in Kenya’s tea sector has reached boiling point, and at the heart of the crisis stands Agriculture Principal Secretary (PS) Dr Paul Kiprono Ronoh. What has transpired over the past…
