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.

South Africa, the Startup Hub With a Record for Launching Global Businesses
South Africa, the Startup Hub With a Record for Launching Global Businesses
August 04, 2022  |  Startups

In April this year, South African startup TallOrder, a developer of cloud-based point-of-sale (POS) solutions for small and medium-sized enterprises (SMEs), announced that it was...

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Walmart-Owned Massmart Can’t Overcome Pandemic, Inflation, Other Hurdles
Walmart-Owned Massmart Can’t Overcome Pandemic, Inflation, Other Hurdles
August 02, 2022  |  Retail

Walmart-owned South African retailer Massmart is struggling to overcome ongoing restrictions and lockdowns related to the continuing spread of COVID-19 across the region, according to...

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Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
July 05, 2022  |  Investments

South African mobile payments platform Zapper is exploring its capital-raising options, including launching a sale to buy stake in the startup, in an effort to...

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US CFTC Charges South African With $1.7B Bitcoin Fraud
US CFTC Charges South African With $1.7B Bitcoin Fraud
June 30, 2022  |  Cryptocurrency

The federal Commodity Futures Trading Commission on Thursday (June 30) filed a civil enforcement action in the U.S. District Court alleging Cornelius Johannes Steynberg of...

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EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
EMEA Daily: VC Firm Presto Ventures has New Fund; Gorillas Exits Belgium
June 24, 2022  |  emea

In today’s news, venture capital fund Presto Ventures has a new fund to help B2B startups, while delivery firm Gorillas is closing warehouses and planning...

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Entersekt, Capitec Team to Improve eCommerce Security
Entersekt, Capitec Team to Improve eCommerce Security
May 10, 2022  |  Partnerships

Device identity and authentication solutions provider Entersekt is working with South Africa’s Capitec Bank to improve the security of eCommerce payments, according to a Tuesday...

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South African Mobile Payments Provider SnapScan Buys Payroll Startup Radar
South African Mobile Payments Provider SnapScan Buys Payroll Startup Radar
May 09, 2022  |  Acquisitions

Mobile payments provider SnapScan has bought Radar, a South African human resources and payroll startup, a report from Disrupt Africa said Monday (May 9). Get...

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South Africa’s Zapper Turns Merchant’s Phone Into Tap-and-Pay POS Device
South Africa’s Zapper Turns Merchant’s Phone Into Tap-and-Pay POS Device
May 03, 2022  |  Mobile Payments

South African mobile pay platform Zapper has announced that merchants on its platform will be able to accept tap-on-phone payments, a report said Tuesday (May...

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South African Strauss & Co. to Host NFT Auction for Fine Wines
South African Strauss & Co. to Host NFT Auction for Fine Wines
April 11, 2022  |  NFTs

Strauss & Co., the South African auction house, has partnered with five of the country’s wineries to offer fine wine non-fungible tokens (NFTs) to the...

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