U.S. 5% remittance tax plan to threaten $2.8 billion of Africa’s foreign inflows
The proposed fee could trigger a ripple effect across economies already struggling with high inflation and low foreign direct investment...
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Sakhile Dube
06:29
South Africa’s AURA raises $14.6 million to drive U.S. expansion and global ambitions
The fresh capital will support product scale, deepen international partnerships, and integrate AURA’s emergency tech across a growing number of
Sakhile Dube
08:30
Spar enters South Africa’s mobile market with MTN-backed MVNO
Spar Group, the South African retail giant, has entered the mobile space with its newly launched mobile virtual network operator
Sakhile Dube
13:27
South Africa’s Capitec raises salaries as 62% of staff now earn over $13,000
The move mirrors broader efforts by South African banks to retain skilled staff. Absa and Standard Bank have increased their
Sakhile Dube
10:22
Crossfin invests in South Africa’s DigiSquad to expand digital payments in underserved markets
The capital injection will drive DigiSquad’s plans to expand financial inclusion across the African continent, targeting both public and private
Sakhile Dube
21:43
South Africa’s payments startup Stitch raises $55 million Series B funding
Stitch, a South Africa-based payments infrastructure startup founded in 2021, has raised $55 million in a Series B round, bringing
Sakhile Dube
12:22
“We need to focus on catching up rather than leading.” – AI professor on building for Africa
Depending on who you ask, AI promises to unlock new levels of productivity across healthcare, agriculture, education, and several other
Sakhile Dube
06:25
Football fans hit hardest as MultiChoice raises prices, Showmax Premier League up by 43.5%
While most DStv satellite packages will increase slightly, staying around or below the inflation rate, some Showmax plans will rise
