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SARS is checking more taxpayer information before tax returns are filed
Most South Africans only deal with the South African Revenue Service (SARS) when they submit a tax return. By then, the revenue authority has already received information from employers, banks, retirement funds and other reporting institutions. SARS now uses artificial intelligence, machine learning and data analytics to compare that information, identify discrepancies and decide which
How AI Is Helping Small Businesses Create Better Marketing Content
Marketing has become a constant part of running a business. Keeping websites updated, posting on social media, writing product descriptions and sending customer emails all take time. Yet many small businesses do not have dedicated marketing teams or the budget to outsource every task. Artificial intelligence (AI) is helping reduce some of that workload. Businesses
Vodacom's $548 billion mobile money business is becoming a bigger part of the company
Vodacom processed nearly $548 billion in mobile money transactions over the past year, highlighting the growing role of financial services in the group's business. In its trading update for the quarter ended June 30, 2026, the company said its mobile money platforms, including Safaricom's M-PESA, handled close to $548 billion in transactions over the previous
Zedcrest adds Leatherback to its financial services portfolio
Zedcrest Group has acquired cross border payments company Leatherback, turning an early investment into full ownership. The deal adds another fintech business to the financial services group's portfolio. The companies did not disclose the value of the transaction. Leatherback will continue operating as a standalone business under Zedcrest. It will keep its existing brand and
How AI Is Changing Entry-Level Hiring
Graduates looking for their first job are entering a market that has changed over the past two years. Companies are still hiring junior employees, but the work they expect them to do is starting to look different. Many businesses now use AI tools to complete routine tasks that were once assigned to entry level staff.
Who gets access to Africa's payment rails?
Africa has made significant progress in building instant payment systems over the past decade. Today, countries can process payments in seconds instead of hours. But as that infrastructure matures, the conversation is changing. The challenge is not just about how quickly money moves. It is about who can access the infrastructure, how much it costs
Nigeria rolls out e-invoicing system as tax reporting goes digital
Nigeria is changing how businesses report sales to the tax authority with a new electronic invoicing system that allows the Nigeria Revenue Service (NRS) to receive qualifying invoice data as transactions happen. The new system replaces a process where businesses often submitted tax information months after making sales. Businesses will now send invoice data through
Local banks are becoming the biggest buyers of South Africa's fintech startups
South African banks are playing a bigger role in the country's startup ecosystem. More lenders are acquiring fintech companies to strengthen their digital offerings. Nedbank's acquisition of iKhokha, Capitec's purchase of WalletDoc, TymeBank's takeover of Retail Capital and Lesaka Technologies' acquisition of Adumo reflect a growing appetite for established fintech businesses. Instead of building similar
Kenya finalises crypto licensing rules for exchanges and digital asset firms
Kenya finalises crypto licensing rules for exchanges and digital asset firms Kenya has completed the legal framework for regulating cryptocurrency businesses after gazetting the Virtual Asset Service Providers (VASP) Regulations, 2026. The regulations, published under Legal Notice No. 134, complete the implementation of the Virtual Asset Service Providers Act, which President William Ruto signed into
Duplo partners with Wema Bank to expand business finance tools
Duplo is taking a different route to grow its business. Instead of selling directly to more companies, the Nigerian fintech is working with banks to get its software into the hands of business customers. Its latest partnership is with Wema Bank, which has integrated Duplo's financial operations platform into ALAT Business, the bank's digital banking
The Best CRM Platforms for SMEs in Africa
Customer enquiries rarely come through a single channel anymore. A business might receive a WhatsApp message in the morning, an email later in the day and a website enquiry before close of business. Without a system to track those interactions, teams can easily delay follow-ups or overlook potential sales. That's why more SMEs are investing
Ford turns to Apple Maps for its future electric vehicles
Ford will become the first carmaker to use Apple's new MapKit for Automotive software, bringing Apple Maps directly into its electric vehicles instead of relying on Apple CarPlay. Apple introduced the software development kit at its developer conference this week. Ford will begin using it in a midsize electric pickup due in 2027. The software
South African companies take the next step towards electric fleets
South Africa's new energy vehicle (NEV) market is reaching an important stage. Government support for local manufacturing is moving into action. Charging infrastructure continues to expand. At the same time, businesses face growing pressure to improve efficiency while reducing emissions. For fleet operators, the discussion has moved beyond whether electric vehicles make sense. The focus is
Rising oil prices keep pressure on crypto markets
Bitcoin has managed to hold above recent lows, but the latest rally has lost some momentum as investors keep a close eye on the global economy. Much of the attention has shifted to rising oil prices and what they could mean for inflation. If higher energy costs push inflation up again, the US Federal Reserve
Fusepay launches Fuse360 for wholesalers and distributors
Seychelles based fintech Fusepay has expanded beyond digital payments with the launch of Fuse360, a business management platform for wholesalers, distributors and manufacturers. The software combines inventory management, order processing, invoicing, customer credit, collections and retailer management. It also connects with Fusepay's payments platform, allowing businesses to manage transactions and day to day operations from
African founders set for Cape Town at GEC+Africa 2026
After making stops in nine African countries, the Road to GEC+Africa is heading to its final destination. South Africa will host the last Regional Bootcamp and Pitch Competition before GEC+Africa 2026 opens at the Cape Town International Convention Centre (CTICC) on 16 and 17 September. The roadshow has travelled through Botswana, Uganda, Namibia, Algeria, Ghana,
South Africa looks to stablecoins to simplify African trade
The African Continental Free Trade Area (AfCFTA) aims to make it easier for African countries to trade with one another. But for many businesses, sending money across the continent remains more complicated than moving goods. A South African company paying a supplier in Malawi may still have that payment routed through banks outside Africa before
Rank adds community savings and payroll products in Nigeria
Rank, the Nigerian fintech formerly known as Moni, has expanded its product offering with three new financial services. The products are built around one of Africa's oldest financial systems: community savings groups. The company has launched Money Circles, Tribe and Rank Perks in Nigeria. The aim is to bring informal savings and borrowing groups onto
Perplexity Gives Startups a Faster Way to Do Business Research
Good research takes time. Founders spend hours reading company websites, comparing competitors, following industry news and trying to understand new markets before making decisions. The information is available, but finding the right sources often takes longer than expected. That has created an opening for research tools such as Perplexity. Less time searching Many business questions
VOVE ID launches startup compliance programme
Compliance is often one of the last things startups think about until an investor, bank or regulator asks questions. Moroccan regtech startup VOVE ID wants founders to deal with those issues much earlier. The company has opened applications for the VOVE Compliance Infrastructure Program, a new initiative that will help startups review their customer verification,