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Tag: South Africa

South Africa’s FlexClub raises $1.2M, partners with Uber Mexico

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing to...

Hisense injects R72 million into SA economy

Trade and Industry Minister Rob Davies has welcomed Chinese electronics manufacturer Hisense’s R72 million investment into its refrigeration and television production lines at its Atlantis factory in the Western Cape. Referring to...

Burger King losses mount in South Africa as Dunkin Donuts and Baskin Robbins shut...

Grand Parade Investments wants to focus on making Burger King franchises profitable in South Africa, as it liquidates Dunkin Donuts and Baskin Robbins, which counted losses over R70 million. For the six...

New rules to stop South African politicians from buying Porsches and flying first-class

Government plans to revise the current ministerial handbook to curb wasteful expenditure. Speaking to the Sunday Times, public service & administration minister, Ayanda Dlodlo, said that under the revised rules, ministers will be...

SA seals SKA Observatory deal

South Africa has signed the international treaty establishing the Square Kilometre Array Observatory (SKAO) as an intergovernmental organisation tasked with building and operating the world's most powerful radio astronomy telescope. Science and...

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Instagram moves into E-commerce with shopping button

Facebook-owned Instagram on Tuesday made a move into potentially lucrative e-commerce by adding an option to buy products shown off in posts by selected...

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