South Africa’s fintech start-up Ukheshe picked for Mastercard Start Course program

Mastercard Start Course is a special startup engagement program that enables later-stage startups to quickly scale through access to Mastercard’s technology, solutions & & partners around the globe. Concentrated on financial addition, Ukheshe’s technology platform helps banks and telcos provide budget friendly digital banking and payment services (BaaS). With client acquisition, onboarding and circulation costs that are a portion of standard merchant accounts, informal banking is now an accessible, untapped and rewarding growth market for banking partners. Sub-Saharan Africa is among the fastest-growing investment zones for monetary technology business and…

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Shares of Sasol Surge as South Africa Eases Lock down Restrictions

South Africa’s response to the coronavirus pandemic and international demand for petroleum products has actually struck Sasol’s company hard. A little over a month earlier, it revealed it was suspending operations at its Natref petroleum center and was lowering the production of synthetic fuel (a gasoline-like product produced from coal by 25%. These moves all came at a time when the company was dealing with an extraordinarily high debt load. Today, though, the South African federal government revealed it was relocating to what it calls level 3 of its lockdown…

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