Cryptocurrency exchange Coinbase Global Inc on Tuesday beat market estimates for second-quarter profit boosted by a near 38% jump in trading volumes on a sequential basis, but forecast a drop in current-quarter volumes. Coinbase, which has benefited from the growing adoption of digital assets, said the reported quarter illustrated the volatility of the still nascent sector...
Day: <span>11 August 2021</span>
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Adapt IT Founder and CEO Sbu Shabalala has Resigned
Adapt IT founder and CEO Sbu Shabalala has resigned with immediate effect. The resignation comes after agreeing to go on a leave of absence three months ago related to serious armed assault allegations against him. In May, Shabalala took a leave of absence for three months “to attend to personal matters” after the Sunday Times reported that...
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Takealot Group Appointed Mamongae Mahlare as New CEO
Online retailer and e-commerce giant Takealot has appointed Mamongae Mahlare as the new CEO of the Takealot Group, replacing founder Kim Reid, who stepped down in February to take the position of chairperson of the group. Mahlare will start her tenure as the CEO from October. She joins the Takealot Group from Illovo Sugar SA...
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Meet Newly Elected Joburg Mayor Jolidee Matongo
Mr Jolidee Matongo has been elected mayor of Johannesburg. He was the only candidate nominated for the position. Two hundred and fifty-six councillors participated in the special sitting, from different locations at the City of Joburg’s offices. Matongo, an African National Congress (ANC) member and the former finance MMC in the metro, replaces Geoff Makhubo,...
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Former Miss Universe Zozibini Tunzi Talks about Money and Building Wealth
Former Miss Universe Zozibini Tunzi, born in Tsolo in the Eastern Cape and raised in the nearby village of Sidwadweni, Tunzi moved to Cape Town to study public relations management at the Cape Peninsula University of Technology. Before becoming Miss Universe, Tunzi worked as a model and as an intern in the public relations department...