Luke Fraser

United States-based Quona Capital has backed Jem, a workforce management platform used by over 250,000 workers in South Africa.

· 25 Aug 2026 South Africa is among the top countries in the world for outsourcing, specifically for AI skills, with employers from the United States, the United Kingdom and Australia on the hunt for workers.

South Africans are facing extreme cost pressures, and Professor Ines Meyer of the Living Wage South Africa Network says that companies should pay their workers R20,000 per month.

· 26 Aug 2026 Discovery is expecting a massive rise in its earnings for the financial year ending 30 June 2026, with headline earnings benefiting from the expiry of its lease at its Sandton office.

· 26 Aug 2026 1,601 businesses have been liquidated in South Africa in 2026, but the total number of liquidations is down year-on-year.

African Bank has confirmed the appointment of Zweli Manyathi as its Group CEO, who takes on the role on a permanent basis amid a series of struggles facing the bank.

Volvo Cars plans to expand its dealership network in South Africa by opening a new location in Century City, Cape Town.

· 29 Aug 2026 South Africans are increasingly buying luxury property in South Africa, with properties valued at over R4.5 million seeing increasing activity, especially in the Western Cape.

SimpleSwap is a self-custodial swap aggregator supporting 2,800+ assets and 20+ liquidity providers. Here's what it does well, what to know, and who it fits.

Kalshi and Polymarket US set October trading records as regulated US exchanges dominate prediction markets ahead of the midterm elections.