Tech Financials News Updates

Regarding online betting, 22Bet South Africa has acquired a name that speaks to reliability and trust. Originally founded in 2017, 22Bet has developed from a small bookmaker into an international powerhouse. Serving a broad clientele, it provides a flexible spectrum of sports betting options, casino games, and bets on even… Read more »

Online casinos have transformed the gaming world, offering players convenience and excitement at their fingertips. But as the industry grows, so do player expectations for personalized experiences and seamless gameplay. That’s where AI-driven analytics revolutionizes how online casinos understand and engage with us as players. By analyzing vast amounts of… Read more »

When chief executives retire, they leave behind entire frameworks of identity built over what’s often decades of leadership. A new article by Mark Lamberti and Charlene Lew of the University of Pretoria’s Gordon Institute of Business Science examines this transition through interviews with 17 retired CEOs from South African public… Read more »

In an era where misinformation spreads like wildfire, the conversation surrounding the responsibilities of social media platforms has never been more crucial. The debate often revolves around the Electronic Communications and Transactions Act (ECTA) of 2002 which is similar to Section 230 of the Communications Decency Act, a piece of… Read more »

Oslo-based Scatec ASA, a renewable energy company, has been awarded preferred bidder status for a 288 MW solar project in the seventh round of the Department of Mineral Resources and Energy Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The projects will deliver much needed energy under a 20-year PPA… Read more »

Tech firm Prosus has entered into a definitive agreement to acquire New York-kisted Despegar, a Latin American Online Travel Agency (OTA), The tech firm will pay $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s… Read more »

The Minister of Trade, Industry and Competition Parks Tau is still applying his mind on the granting of the fourth National Lotteries License. “Unfortunately, I am not in a position to make a final decision at this stage. Any such decision at this time would in all good conscience mean… Read more »

South Africa is currently experiencing the longest period without load shedding in the last five years. This, according to Electricity and Energy Minister, Dr Kgosientsho Ramokgopa, who briefed media on Monday. Eskom has marked more than 270 days without implementing the rolling power outages, with load shedding last implemented in… Read more »

Allianz Europe BV, a wholly owned subsidiary of Allianz SE, has increased its shareholding in Sanlam Allianz Africa Proprietary Limited (“SanlamAllianz”) to 49%. The transaction, known as the “Allianz Step-up Transaction,” marks a significant milestone in the strategic partnership between Sanlam and Allianz on the African continent. Sanlam Emerging Markets… Read more »

Navigating the Forex Market in South Africa Exploring the Basics of Forex Trading If you’re starting your journey in the Forex market in South Africa, you’re tapping into a dynamic arena where currencies are traded in pairs, 24 hours a day. At its core, Forex trading involves buying one currency… Read more »