South Africa

South Africa is a country on the southernmost tip of the African continent, marked by several distinct ecosystems. Inland safari destination Kruger National Park is populated by big game. The Western Cape offers beaches, lush winelands around Stellenbosch and Paarl, craggy cliffs at the Cape of Good Hope, forest and lagoons along the Garden Route, and the city of Cape Town, beneath flat-topped Table Mountain.

Johannesburg City Council Hit With Ransomware Attack

Johannesburg City Council Hit With Ransomware Attack
Johannesburg City Council Hit With Ransomware Attack
October 25, 2019  |  Cybersecurity

The city council of Johannesburg, the largest city in South Africa, was hit with a ransomware attack on Friday (Oct. 25) that affected its website,...

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Naspers’ Prosus To Be Third-Largest Stock In Amsterdam
Naspers’ Prosus To Be Third-Largest Stock In Amsterdam
September 11, 2019  |  Investments

South Africa’s Naspers launched a $100 billion European tech giant on Wednesday (Sept. 11). Prosus holds the international internet assets of Naspers, including its 31...

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Pharmacies Drive More Retail Innovation
Pharmacies Drive More Retail Innovation
August 26, 2019  |  Retail

Pretty much everyone needs medicine at one or another, and that need is helping to drive retail innovation and attempts at disruption in the pharmacy...

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Sureswipe Acquisition Aims To Cash In On Card Machine Growth
Sureswipe Acquisition Aims To Cash In On Card Machine Growth
May 29, 2019  |  Fintech Investments

A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. The investors were led by Apis Partners LLP and...

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Massmart Slashes EPS Forecast, Names Walmart Exec As CEO
Massmart Slashes EPS Forecast, Names Walmart Exec As CEO
May 23, 2019  |  Earnings

With consumers reigning in spending in South Africa, retailer Massmart cuts its earnings per share forecast for the first half of the year and named...

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Naspers To Create, List New Internet Company To House Tencent Stake
Naspers To Create, List New Internet Company To House Tencent Stake
March 25, 2019  |  Investments

Naspers, the South African company, is gearing up to spin off and list its Amsterdam internet assets in a new group that will include all of...

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PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
PwC Probe Uncovers $7.4B Steinhoff Accounting Fraud
March 18, 2019  |  B2B Payments

According to Reuters, in what the publication described as the largest corporate scandal in South Africa, corporate auditing firm PwC has uncovered a $7.4 billion accounting...

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Sasfin And Hello Paisa Team Up For South African Banking Venture
Sasfin And Hello Paisa Team Up For South African Banking Venture
March 06, 2019  |  Financial Inclusion

Two South African FinTech companies, Sasfin, a banking group, and Hello Paisa, a money transfer startup, are teaming up to start a bank with a...

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