Category: <span>Business</span>

SeamlessHR, the Human Resource (HR) and payroll software solution has managed to raise $10 million in series A funding to expand its regional growth.  The Nigerian based human resource company’s main focus is cloud-based and end-to-end HR that helps businesses from small, medium and big to manage and streamline their entire human resources and workflow. ...

Netflix is slowly moving towards sports, very soon they will start showcasing live sports entertainment, watch the space.  The streaming service have signed a deal with Association of Tennis Professionals’s media arm, ATP Media to produces behind the scenes tennis docu-series.  ATP Media agreement with the streaming giants it also includes producing content for the...

Akani Properties, a 100% Black-owned property investor, manager and developer, has acquired the Nicolway Shopping Centre in Johannesburg’s Bryanston in a R1.1bn transaction. The acquisition was made on behalf of its client, the Municipal Employees Pension Fund (MEPF), following approval from the Competition Tribunal late last year. “The acquisition of Nicolway demonstrates our optimistic view...

New year, new increases.  Netflix has raised the prices of its subscription services in the US and Canada.  The streaming giant said the existing customers will receive an email notice 30 days before the increase enters effect.  According to Reuters reports, the company said, “we’re updating our prices so that we can continue to offer...

Minister of Transport Fikile Mbalula announced a R1.1 billion fund to assist drivers of minibus taxis, cabs operators, and e-hailing services whose businesses were affected by the Covid-19 pandemic and ongoing national lockdown. Applications are now open and Mbalula estimated that 227 000 taxi operators were each expected to receive once-off relief to the value of...

The Nigerian government has finally lifted the Twitter ban after six months not not operating in the country.  Nigeria’s tech agency, National Information Technology Development Agency (NITDA) led by Kashifu Inuwa Abdullahi, made the announcement through through a statement.  “The Federal Government of Nigeria (FGN) directs me to inform the public that President Muhammadu Buhari,...

CEO of Altron, technology solutions provider, Mteto Nyati will be stepping down from his position at the end of June following the end of his five-year term, the company announced on Tuesday. Nyati joined Altron in 2017 and the company hailed him for his “successful contribution to the increase of shareholder value by approximately six...

WhatsApp co-founder Brian Acton has been appointed as the interim CEO of messaging app Signal. This comes after Moxie Marlinspike, current CEO of Signal, announced that he will step down.  Marlinspike has been working on Signal for the past decade and said that he is currently scouting for candidates for the permanent CEO position. In...

Twitter Inc has picked up a minority stake in Aleph Group Inc, the digital advertising firm said on Tuesday as it seeks to go public in the United States. Aleph did not reveal any financial terms of the investment but said Twitter’s stake buy would help the company expand its educational tech platform. Emerging markets-focused...

Ann Leepile, corporate executive has been appointed as Alexander Forbes’ new Chief Executive Officer, starting 1 February 2022. Prior this position, she served as the head of Global Manager Research and ultimately deputy Chief Investment Officer of Alexander Forbes Investments (formerly Investment Solutions).  Leepile joins Alexander Forbes after heading Absa Asset Management for six years...