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Canal+ ups MultiChoice stake

The global media and entertainment group headquartered in France now owns 76.52% of MultiChoice.

MultiChoice entity LicenceCo appoints Ngwepe as CEO

Willington Ngwepe has been appointed as CEO of the newly-created LicenceCo, the holder of SA’s subscription broadcasting licence for DStv.

Bitcoin reaches all-time high amid US govt shutdown

Policy uncertainty and a constructive regulatory environment in the US could see Bitcoin hit $200 000, say analysts.

Andile Ngcaba-led subsidiary launches R5m ISP fund

Tech Credit Fund rolls out a credit fund to support black-owned internet service providers and accelerate broadband connectivity in SA’s townships and rural communities.

Naspers shares gain traction as shareholders buy into split

The company’s stock has gone from R17.50 to R6 395 in just three decades before the company split its stock to give shareholders more value.

LG Premium service

LG Premium Service Centre Launch

LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.

Office of the Tax Ombud

Tax ombud sees spike in eFiling profile hijacking

The Office of the Tax Ombud’s preliminary findings on eFiling profile hijacking shows South African taxpayers are increasingly becoming victims of this type of fraudulent activity.

Simnikiwe Mzekandaba

Capitec’s AI blocks R200m in scam payments

AI-enabled fraud prevention tools, which protect clients from paying to high-risk account numbers, stopped over 23 000 scam payments.

South African Revenue Service

SARS tightens grip on crypto as legal battle looms

The taxman ramps up crypto transaction oversight as legal uncertainty persists over whether digital assets fall under foreign exchange controls.

TymeBank announces Retail Capital buyout

TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking

Ilitha Telecommunications

ISP Ilitha in labour dispute with contractors

The contractors allege the ISP gave them short salaries and incorrect payslips after a network installation project in the Eastern Cape.

Fintech start-up InstaPay debuts digital wallet

The platform aims to complement traditional banking while empowering users to grow their savings and manage money.

Eskom in digital push as it pivots to renewables

As the power utility returns to profitability, it shifts its focus to digitalisation, while establishing a renewable energy company.

Tembisa Hospital

Syndicates bypassed database to loot R2bn at Tembisa Hospital

The Central Supplier Database was bypassed by syndicates, enabling R2 billion in fraud at Tembisa Hospital, says the Special Investigating Unit's interim report.

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