EXCLUSIVE: SA payments industry shows cautious signs of good growth in 2023

Much of the growth shareholders are looking for will depend on a stable macro environment and good access to skills says Chris Wood, Regional Managing Director, Southern Africa and PALOPS at Network International.
Chris Wood
3 hours ago

Kenya is Africa’s second most popular investment destination – start-up report

Research shows that between January 2015 and November 2022, 242 tech start-ups raised a combined US$1,281,918,200.

Resilient Africa must leverage informal sector, demographics to attract start-up investment

Venture capitalists remain interested in the continent, despite challenges, but the onus is on Africa to do all it can to sustain investment.
23 Nov

Tanzania’s Ramani announces US$32m funding

Software firm will use new capital to scale its network of MDCs and also launch a new micro-credit offering for select MDCs.

Low tariff costs dent Econet’s half-year performance

Telco reports a ZW$5,78bn loss in the first half of August.

SilverBridge joins global technology group

Deal will help SilverBridge execute its international strategy says Lee Kuyper, Chief Executive Officer at SilverBridge and Alula Insurance Technologies.

4SI buys back 19% of issued shares

Deal means more value for the remainder shareholders as possible dividends in the future will result in more dividends per share, says CEO Tertius Zitzke.

New termination rates, excise duty dent Safaricom's voice revenue

Voice revenue decreased by 3.8% to KShs 39.99-billion, according to the company’s half-year results.
Nov 7, 2022

Gigamon recognised as top deep observability vendor, with 68% market share

Revenue in the deep observability market is projected to reach $278 million in 2022, and is forecast to reach $2 billion by 2026, according to the 650 Group report.
Nov 4, 2022

MTN’s African operations weather economic storm to strengthen Q3 results

MTN has paid homage to resilience of its South Africa, Nigeria, Ghana, Rwanda and Uganda subsidiaries.
Nov 4, 2022

Gigamon delivers pivotal advancements across deep observability pipeline with GigaVUE 6.0 release

The deep observability cosempany announced an expansive set of new capabilities to the Gigamon Hawk Deep Observability Pipeline.
Nov 1, 2022

Airtel Africa shrugs off micro-economic challenges

Telco points to regulatory KYC issues in Nigeria, as well as impact of tower infrastructure sales.
Oct 31, 2022

Toriola applauds MTN Nigeria’s fiscal discipline on back of strong Q3

Operator acknowledges tough macroeconomic conditions. Annual inflation rate in Nigeria rose to 17-year high of 20.8% in September this year.