Innovo Networks and H3C Technologies announce their strategic partnership to accelerate digital transformation in SA

Innovo Networks and H3C Technologies announce their strategic partnership to accelerate digital transformation in SA

The Innovo Networks team. Innovo Networks, one of South Africa’s fastest-growing telecommunications providers, has announced a strategic partnership with global ICT leader H3C Technologies. This collaboration is set to revolutionise digital infrastructure and connectivity across the country, offering cutting-edge networking and cyber security solutions tailored to the needs of South African enterprises. The partnership brings…

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Africa: PMI Worried With Slow Adoption of New Smoking Technologies in Africa

Africa: PMI Worried With Slow Adoption of New Smoking Technologies in Africa

New smoking technologies, which include e-cigarettes and heated tobacco products, are playing a significant role in reducing harm among nicotine consumers worldwide, potentially lowering the risks of smoking-related diseases. However, these technologies often face skepticism and resistance due to concerns about their long-term health effects, triggering their slow uptake in most African countries, particularly in…

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Lesaka Technologies to acquire Bank Zero for R1.1bn

Lesaka Technologies to acquire Bank Zero for R1.1bn

Bank Zero will join forces with fintech group Lesaka Technologies. Fintech group Lesaka Technologies will acquire 100% of the issued ordinary shares of Bank Zero, subject to regulatory approvals. Formerly known as Net1 UEPS Technologies, Lesaka is listed on the Johannesburg Stock Exchange and the Nasdaq. Based on a zero-fee banking model, Bank Zero launched…

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Lesaka Technologies to buy Bank Zero in R1.1-billion deal

Lesaka Technologies to buy Bank Zero in R1.1-billion deal

Lesaka Technologies has agreed to buy the digital bank chaired by former FNB CEO Michael Jordaan for R1.1-billion. Jordaan announced the acquisition in a post on social media late on Thursday evening. “So Lesaka Technologies Inc bought @BankZeroSA for R1.1-billion. Lot of regulatory approvals still needed, but both teams are excited about the merger synergies,”…

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