Startups 

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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Africa Covid19 Energy Government Healthcare Oil and Gas StockMarket 

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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Researchers warn 1 million people could contract COVID-19 in 40 days in SA

A team of researchers is warning that one million South Africans could contract COVID-19 within the next 40 days unless the government takes drastic action. The National Health Department on Sunday night said there were 274 coronavirus infections in South Africa. According to Business Day, the teams modelling work shows aggressive containment is essential for slowing the spread of the virus. They’re warning government needs to intervene to prevent the country from reaching a tipping point of 100 locally acquired cases of the coronavirus. WATCH: South Africa’s coronavirus interventions Healthcare workers…

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Education 

South Africa’s new university has a name: Oliver Tambo University of Science and Technology

Gauteng premier David Makhura has unveiled the name of the new South African university planned for Ekurhuleni in east Johannesburg: Oliver Tambo University of Science and Technology. President Cyril Ramaphosa officially announced plans for the new university during his 2020 State of the Nation Address, after a strong push for the institution from the City of Ekurhuleni, which first discussed it in 2017. “This university is a great value proposition and a boost to advancing the manufacturing capabilities of the Ekurhuleni Aerotropolis,” Makhura said. “We have been working with the City…

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