On 25 October, FNB will host some of the brightest minds in app development and innovative technology solutions for entrepreneurs at this year’s FNB App of the Year 72-hour Hackathon. A hackathon is an event, where teams of developers, designers, and subject matter experts come together to collaborate intensively on projects, usually involving software development. The goal is to create a working prototype or solution that addresses a specific problem or challenge within a short time frame. The FNB App of the Year Hackathon aims to connect developers, designers, tech enthusiasts, and business innovators from across the African continent. Previous…
Author: Staff Writer
Super Group, the dealership division of Super Group Pty Ltd, which represents over 29 automotive brands, has partnered with Jetour to open three exclusive Jetour dealerships in South Africa. Based in Midrand, Rustenburg and Mbombela, these Super Group dealerships now form part of the 40- strong Jetour dealership network in key locations across South Africa. Launched last month, Jetour has entered the South African market with two models, the 7-seater Jetour X70 Plus and the 5-seater Jetour Dashing, which are currently available at these three Super Group Dealerships. Two more Jetour models are set to enter the local market next…
Prosus NV’s new Chief Executive Officer Fabricio Bloisi said adjusted profit at the company’s e-commerce division is expected to surge more than 950% this fiscal year as the executive works to increase the South African business’s market value. Adjusted earnings before interest and taxes will be $400 million in the 12 months ending in March, Bloisi said in a statement on Monday outlining his first 100 days in the CEO role. That compares to $38 million in the same period a year earlier, the division’s first profit. Bloisi is contending with the legacy of a complicated business structure that stumped…
At the SAB Foundation Social Innovation and Disability Empowerment Awards held in Johannesburg, Vusmzi Initiative took first place in the Disability Empowerment category, while Lethabo claimed the top spot in the Social Innovation category. Vusmzi Initiative is a sustainable apiculture and agriculture model that empowers people with disabilities. This innovation opens up socio-economic opportunities for people living in remote and rural communities by establishing beekeeping enterprises. Lethabo is an AI-powered platform enabling users to manage electricity and water services in their native language. This app simplifies tasks like bill payments, issue reporting, and general enquiries across languages including isiZulu, Afrikaans,…
Float, Africa’s first card-linked instalment platform has unveiled the latest shopping trends among credit card holders using its payment method. With an impressive average order value of close to R10,000, order values through the platform significantly exceeds those of the regular buy now pay later model, which typically ranges between R1,000 and R1,400. The latest trends released by Float are clear indicators of credit card holders’ most favoured goods, shopping behaviour and retail categories. With most South Africans cash-strapped due to increased inflation, high interest rates and record unemployment, Float’s card-linked instalment platform, which splits credit card purchases into interest-free…
The Johannesburg Stock Exchange (JSE) has warned bank and wealth management firm Sasfin of a potential suspension of its shares due to the company’s failure to submit its financial results on time, leaving investors in uncertainty. The JSE indicated that Sasfin had not provided its condensed financial statements within the required three-month period, leading to an annotation on its listing. If Sasfin does not submit these statements by October 31, 2024, a suspension may occur. Sasfin is also contending with a R4.9 billion tax bill from the South African Revenue Service (Sars) related to illicit activities, including money laundering. Additionally,…
EasyPay Everywhere has introduced a new Tech Skills Bursary aimed at assisting families of its customers—specifically young individuals interested in Tech and STEM fields—to complete their education in technology-related disciplines. This initiative is exclusive to the children or dependents of active EasyPay Everywhere customers. Bursaries are available for students currently enrolled in areas such as Computer Science, Information Technology, Information Systems, Data Science, Mechatronics, Software Development, Computer Engineering, Cloud Engineering, Business Analysis, Econometrics, Mathematics, and Statistics. Up to R100,000 for Registration and Tuition The Tech Skills Bursary offers up to R100,000 per year to cover registration and tuition costs, ensuring…
OMODA South Africa is pleased to announce the official market introduction of the luxurious new OMODA C9, with this highly anticipated flagship model available from launch in two generously equipped derivatives. Introduced at an elegant event at the Norval Foundation – a prestigious art museum and sculpture garden in Cape Town – the upmarket OMODA C9 is offered in both front- (FWD) and all-wheel-drive (AWD) forms. The C9 FWD’s official retail price is R785,900.00, while the C9 AWD is priced at R885,900.00. However, as part of a special launch promotion, the FWD will be available for just R760,000.00 and the AWD for…
In an ongoing effort to contribute to a sustainable future, ISUZU Motors South Africa has launched an initiative aimed at fostering environmental awareness among primary school learners in the Western and Eastern Cape. The initiative carried out in collaboration with South African conservationist, social activist, and filmmaker Zandile Ndhlovu, will benefit thousands of young minds through her empowering and inspiring book, Zandi’s Song. “With South Africa battling with low literacy levels at primary school level, it is an opportune moment to use a beautiful picture book to inspire reading as a hobby, and most importantly, expand narratives about the ocean, and…
For the third year in a row, leading short-term insurer Old Mutual Insure will be the headline sponsor of South Africa’s most prestigious motoring competition, the Car of the Year (COTY) for 2025, in partnership with the South African Guild of Mobility Journalists (SAGMJ). This year the sponsorship will see even more of a focus on road safety in the run-up to the festive season compared to previous years. “We’re thrilled to be a part of this competition again,” said Jerry Anthonyrajah, Chief Commercial Officer of Old Mutual Insure. “Since its inception in 1986, COTY has set automotive benchmarks and…