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South Africa will increase VAT to 16% by 2026, with a phased hike starting in May 2025 to boost revenue.
The e-retailer will leverage the nine countries left, representing more than 625 million people, 54% of Africa’s internet users, and 49% of Africa's GDP
Since 2016, South Africa has granted only three digital banking licenses, raising questions about the challenges Revolut may encounter despite its global footprint.
GO54 (formerly known as Whogohost), was founded in 2007 by Opeyemi Awoyemi while he was still a student at Obafemi Awolowo University.
The latest funding builds on Naked’s success in securing $17 million in a Series B round in February 2023.
Learn all about Tyme's founding story, fundraising history and future plans in this deepdive.
Bryon Du Plessis (13-year MultiChoice veteran and Deputy CFO) to replace Marc Jury, former SuperSport CEO who is stepping down to pursue interests in the sport business.
In 2022, South Africans spent more time on the internet compared to the rest of the world. With the increased load shedding, its internet usage might be affected this year.
Financial gateway service provider, PAYM8, in partnership with WIZZIT, has introduced its Tap-on-Phone SoftPOS solution in South Africa, to offer an alternative to traditional point-of-sale devices.
South Africa’s Advertising Regulatory Board has included a new clause for the cryptocurrency industry aimed at protecting consumers from unethical advertising.
ImaliPay has partnered with Stitch as its payment and open banking partner as part of its South African expansion strategy.
Daniel Levy is half of a dynamic duo, alongside Gil Sperling—Co-CEOs at Flow, a South-African proptech platform that matches people with property, helping landlords and agents be more efficient.
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