News

South Africa's Mineworkers VC fund invests post-seed funding in Kelo and Rentoza

In 2021 MIC Khulisani Ventures announced a R150 million post-seed funding initiative aimed at high growth potential, innovative, black-owned companies in South Africa. They've now invested in Rentoza and Kelo.

Standard Bank's Chief Engineering Officer resigns over system disruptions

Alpheus Mangale who was Standard Bank South Africa's Chief Engineering Officer has resigned with immediate effect. This follows several retail banking system outages as cited by the bank.