South African fintech company Yoco raises R1.23 billion in funding
South African fintech company Yoco has raised R1.23 billion to accelerate product development and reach more merchants in South Africa and beyond. Source: BusinessTech
South African fintech company Yoco has raised R1.23 billion to accelerate product development and reach more merchants in South Africa and beyond. Source: BusinessTech
South Africa’s government said it reached an interim pay deal with unions representing a majority of civil servants, averting the threat of an imminent strike. Source: BusinessTech
South Africa’s week of unrest earlier in July, could shave as much as 0.7% off the country’s headline GDP growth in 2021, impact consumer spending, and slow the pace of economic recovery, says S&P Ratings. Source: BusinessTech
With many crypto investors jealously watching on as gold and equity investors’ assets keep climbing to greater levels, is it possible that cryptocurrencies have just hit the turning point that many have been waiting for? Source: BusinessTech
In this episode of Business Talk, Paul O’Flaherty, the EY-Parthenon Africa leader talks to Michael Avery about the rise of long-term value creation and sustainable business practices, and how these must be integrated into the day-to-day strategy of the business. Source: BusinessTech
As South Africa passes the peak of the third wave of Covid-19 in the country, health experts warn of a fourth wave on the horizon. Source: BusinessTech
Capitec Bank chief executive officer Gerrie Fourie says the bank aims to fill around 300 positions over the next few months. Source: BusinessTech
Mango Airlines has suspended all flights and services from Tuesday (27 July) until further notice, says acting chief executive William Ndlovu. Source: BusinessTech
President Cyril Ramaphosa announced the reintroduction of the R350 Social Relief of Distress (SRD) grant on Sunday (25 July) as part of the government’s relief measures around Covid-19 and the recent social unrest. Source: BusinessTech
The Banking Association of South Africa (BASA) says that social grant recipients who live in areas where ATMs and branches have been destroyed by the recent unrest will be able to use any ATM – including those not operated by their own bank – without incurring additional charges. Source: BusinessTech