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South Africa
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News from South Africa
Nedbank Buys iKhokha for R1.65B to Boost SME Push
Nedbank has acquired Durban-based payments fintech iKhokha for R1.65 billion in an all-cash deal, calling it a “significant…
Bolt Revamps Ride Categories, Launches Family Profiles in South Africa
Bolt, South Africa’s leading ride-hailing platform, has announced a nationwide redesign of its ride categories along with the…
Canal+ Clears Final Hurdle to Acquire MultiChoice, Africa’s Top Pay-TV Group
French media giant Canal+ has secured approval from South Africa’s Competition Tribunal for its acquisition of MultiChoice Group,…
South African Court Provisionally Liquidates 54 Collective Amid Mastercard Foundation Scandal
A South African High Court has provisionally liquidated venture firm 54 Collective—formerly Africa Founders Ventures (AFV)—following allegations of…
MultiChoice Slumps As It Loses 1.2 Million Subscribers
South Africa’s pay-TV giant MultiChoice is struggling. Squeezed by inflation, subscriber losses, and streaming competition, the company swung…
Bolt Launches Women-Led Fleet in Cape Town
Ride-hailing platform Bolt is rolling out a new branded Citroën fleet in Cape Town, led by a women-powered…
Amazon Expands Into Groceries, Pet food in South Africa
Amazon has rolled out a broader range of products in South Africa, adding non-perishable groceries, pet food, and…
South Africa May Bend Ownership Rules To Bring Starlink Online
South Africa’s government is reportedly offering a workaround to its Black ownership laws to allow Elon Musk’s Starlink…
MTN South Africa makes Africa’s First Satellite Phone Call
MTN South Africa and Lynk Global successfully made Africa’s first phone call via satellite, marking a potential breakthrough…
Google Cloud Expands in Africa with New Johannesburg Region
Google Cloud has officially launched its first African cloud region in Johannesburg, marking a major step in its…