Southern Africa
Petrol Price Increases for South Africans on Wednesday
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Founder of South African Fintech PayFast Resigns
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SA Fintech Ukheshe Partners with dzcard for Asia Pacific Expansion
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Why More Retailers Are Turning to E-Learning for Staff Development
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Vodacom Partners With Trend Micro Expanding its Cybersecurity Offerings
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MultiChoice Denies It Has to Pay $2.2-Billion Tax Backlog to Nigeria
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Navigating South Africa’s Highly Regulated Investment Environment
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A Renewed SAA Announces First Take-Off Date, Tickets Soon On Sale
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SA Competition Commission Approves Afrihost, Cool Ideas Merger
Image sourced from DT Architecture. South Africa’s Competition Commission, the country’s business practice watchdog, has unconditionally approved the merger of ISPs: Afrihost, and Cool Ideas. In June, Afrihost and Cool Ideas said they had concluded a deal in which Afrihost would purchase a majority stake in Cool Ideas. However, the new deal does not see Afrihost absorb Cool Ideas, instead, the companies plan to hold separate brands going into the merger. Cool Ideas is also reported to keep the same management and employees for the immediate future. “The Commission found that the proposed transaction is unlikely to result in a substantial prevention or lessening of competition in any relevant markets. The Commission further found that the proposed transaction does not raise any public inter...
Telkom Appoints New CEO of Consumer
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Telkom SA Launches eSIM Support
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MTN Appoints New CEO of Simfy/ayoba
South Africa’s MTN Group yesterday announced the appointment of Burak Akinci as CEO of Simfy (ayoba), reporting to the MTN Group Chief Digital and Fintech Officer Serigne Dioum. Akinci will also be in charge of the company’s ayoba super app. Effective 1 September 2021, Burak joins MTN from Turkcell, a converged telecommunication and technology services provider, founded and headquartered in Turkey, where he was CEO of BiP, an instant messaging platform with millions of users across 192 countries. Burak, with over 20 years of experience in marketing, digital businesses and technologies, led the build-out of the BiP platform, which has more than 30 million users. In his new role, he will be based in Cape Town. “We are thrilled that an executive of Burak’s calibre is joining us. His appointme...
