Fundamo, a South African-based company specialising in mobile phone-based financial services, has been bought by Visa for US$110-million (R741-million) – a deal which could draw other multinationals to invest in locally developed technology.
• Mobile money grows in Africa
The Absa Campus, located in downtown Johannesburg and home to the bank’s headquarters, consumes at least 12MW of electricity per day – but hardly any of this is drawn from the national grid, which is good news for South Africa’s power utility Eskom.
• Nedbank branch runs on wind power
Cape Town’s harbours are hives of activity, with ships arriving and heading out to sea around the clock. Freighters from overseas drop anchor soon after they get here, while passenger liners often cruise the coastline and visit tourist hotspots like Robben Island.
• Gallery: South Africa's birdlife
Hermanus-based Abagold is leading the way in developing a sustainable local abalone aquaculture, which bodes well for the future of the South African abalone industry and the protection of stocks of the threatened natural resource.
• SA consumers help rebuild fish stocks
The Africa Institute of South Africa will host an Africa Expo and an international conference as part of its Africa Week programme. The event aims to create international awareness of African affairs and culture, and highlight trade, investment and tourism opportunities within the continent.
• Brics a boost to Brand SA