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South African Reserve Bank Hikes REPO RATE By 50 Basis Points

The South African Reserve Bank has announced that interest rates will increase to 6.75%.Reserver Bank Governor Lesetja-KganyagoJOHANNESBURG – South African Reserve Bank (Sarb) governor...

IROKO Closes $19m Capital & Content Deal As African Digital Entertainment Market Hots Up

Coming hot on the heels of the news that Netflix was now entering the African video-on-demand market, local VC-backed player iROKO has just announced...

Oprah Winfrey made $12 million for tweeting about bread

So what exactly does one have to do to be Oprah Winfrey? Oprah just made $12m in one hour from a single tweet.Oprah Winfrey...

Johan Rupert and Nicky Oppenheimer Richer Than 50% of South Africa’s Population Put Together

Two of the country's wealthiest men have a net asset value that is equal to the property value of the poorest 50% of the...

African Tech Startups Raised $186 Million In 2015 – SA Takes The Lead

African tech startups raised just under US$186 million in funding over the course of 2015, with South African companies receiving in excess of US$54.5...

Jaden Smith Announced as New Face of Louis Vuitton Womenswear

Jaden Smith has been announced as the new face of Louis Vuitton's Spring/Summer 2016 womenswear collection.Will Smith's son, 17, is snapped in teaser shots...

Zimbabwe’s Richest Man Strive Masiyiwa To Launch Pay-TV Company

Zimbabwean businessman Strive Masiyiwa has announced that his mobile telecom company, Econet Wireless, is launching a new Pay-TV service called ‘Kwesé TV’ within the...

Uber will offer chopper service in India for Christmas

Uber will be operating a one-day helicopter service on Dec. 25 to help Indians celebrate Christmas on a literal high. Residents of Delhi, Mumbai...

Kim Kardashian’s Kimoji Broke Apple’s App Store

Kim launched her Kimoji's on Monday and the response was crazy that apple had no choice but to shut down it app store.So many...

The Central Bank of Kenya warns against Bitcoins

The Central Bank of Kenya is buying newspaper ads and using social media to warn citizens against using Bitcoin and other unregulated digital currencies in Kenya...

The R99 scam is getting serious

Clever crooks are robbing unwary bank account holders of hundreds of rands, warns consumer watchdog Georgina Crouth.Johannesburg - Rather than storing our cash under...

Kylie Jenner, Bella Hadid, and Lottie Moss covers Vogue mag in floral

Kylie Jenner, Bella Hadid, and Lottie Moss- Kate all posed for the January issue of Vogue mag, themed 'Little sisters'. All 3 younger sisters...

Zuma appoints a new finance minister – the third in a week!

JOHANNESBURG – President Jacob Zuma has announced that Pravin Gordhan has been appointed the new Finance Minister, the statement said.Pravin GordhanGordhan returns to...

Saudi billionaire Prince Alwaleed bin Talal calls Trump a disgrace

Saudi billionaire Prince Alwaleed bin Talal has called Donald Trump a disgrace to the United States following his call for a ban on Muslims...

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