The electric vehicle startup Rivian has raised another impressive seed round funding of $2.5 billion, bringing its total raised to date over the $10 billion mark. The private funding seed round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and funds and accounts advised by T. Rowe Price Associates Inc. The funding...
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President Ramaphosa Moves South Africa to Adjusted Level 3 Lockdown
President Cyril Ramaphosa has announced that several of South Africa’s lockdown regulations will be eased as the country moves to an adjusted level 3 lockdown with immediate effect. As the cases decrease, Ramaphosa said that the country will move to an adjusted lockdown level 3, with restrictions to be eased in the following areas: The...
Vodafone Reported 3.3% Rise in Service Revenue in Africa and Europe
Mobile operator Vodafone reported a better-than-expected rise in first-quarter service revenue on Friday as more stores reopened and tourism made a tentative return following last year’s COVID-19 disruption. The company’s Chief Executive Nick Read said the firm was back to service revenue growth in Europe as well as Africa as it reported a 3.3% rise in...
Telkom CEO Sipho Maseko to Stay on Until June 2022 to Ensure Smooth Transition
South African telecommunications giant Telkom has announced that its CEO and executive director Sipho Maseko will step down on 30 June 2022. The third largest mobile operator said the process to appoint a successor is well underway and a designated group CEO will be announced in the not too distant future. Maseko joined Telkom on...
A message from TymeBank CEO Tauriq Keraan
The recent unrest in some parts of our beautiful country is a sad moment in South Africa’s history. Violence, looting and destruction of property have cost lives and endangered the wellbeing and livelihoods of millions of South Africans, many of whom were already struggling to survive amid high unemployment rates and widespread poverty. The impact...
What if You Make The Wrong Decision?
Keep reading to learn how I rebound from mistakes quickly. I don’t care about my losses, but I recognize it’s not always that easy for others…and here’s why. Too many of you are over-judging yourselves. When you operate from a place of judgement, you fail to realize that you’re human and everyone else sucks at...