ANC, EFF target DA’s Mark Burke over R4bn allegations
Kastelo, the fintech company he chairs, faces allegations of breaching South Africa’s exchange control rules.
Prosus to invest R1.6bn in Indian fintech firm Navi
The investment marks Navi’s first institutional capital raise and expands Prosus’s exposure to India’s fast-growing fintech sector.
How Zelda la Grange fell for a sophisticated phone scam
‘When he asked me to go into the banking app, he also said to me, remember, Vodacom will never ask for your personal details or login details. So you are at ease,’ says the former aide to Nelson Mandela.
Competition concerns loom over Harith’s FlySafair deal
Zelda la Grange shares how she fell victim to a scam despite believing she should have known better. Does the SADC’s integration ambitions deliver real economic results? And a look at where SA’s wealth is being made.
Standard Bank and UnionPay expand e-commerce across 9 African markets
In a move that will reduce checkout friction and serve international travellers, cross-border shoppers and businesses transacting across multiple markets.
China lands rocket back on earth in push to catch up with SpaceX
A Zhuque-3 rocket landed on its legs in the northwestern province of Gansu after helping send a satellite into orbit on Wednesday, according to the official Xinhua News Agency.
Trump takes Iran hard line as Hormuz tensions set new normal
Brent crude was above $91 a barrel as prospects dimmed for a swift reopening of Hormuz, through which a fifth of the world’s oil and liquefied natural gas transited before the war.
Evergrande liquidators challenge Hong Kong watchdog in court
The SFC said in June that it was proceeding with its plan, despite the legal challenge.
Inflation surprise builds case for holding rates
Headline inflation fell to 4.3%, while underlying price pressures edged higher.
Absa looking at Nigeria expansion to grow Africa footprint
The bank is considering converting its Nigerian representative office into a merchant bank to reduce its reliance on its three largest African markets.