Meta Platforms Accused in Lawsuit of Amplifying Hate Speech in Africa December 14, 2022 By Olivia Solon, Loni Prinsloo and Bella Genga Meta Platforms Inc. is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate...
Naspers Invests in Online Insurer Naked as Part of South African Investment Push August 5, 2021 By Loni Prinsloo Naspers Ltd. is backing online insurance company Naked as part of a commitment to invest almost $100 million in tech...
African Bank Expands into Digital Banking, with Plans to Offer More Insurance Products March 26, 2019 By Roxanne Henderson and Loni Prinsloo African Bank Holdings Ltd. is joining the rush into digital banking to fail-proof the business and provide an exit for...
KPMG Loses More Staff & Clients in Continuing Fallout From S. Africa Gupta Scandal September 26, 2018 By Loni Prinsloo and John Bowker KPMG LLP is continuing to lose staff and clients in South Africa more than a year after issuing a public...
Tokio Marine Buys Minority Stake in S. Africa Insurer Hollard for African Foothold September 7, 2018 By Loni Prinsloo Japanese insurer Tokio Marine Holdings Inc. agreed to buy a minority stake in South Africa’s Hollard Insurance Co. Ltd. to...
Update: Chubb Partners with Uber to Cover South African Drivers August 1, 2018 By Loni Prinsloo Uber Technologies Inc. is partnering with insurance company Chubb Ltd. to cover its South African drivers in case of death...
S. Africa Mobile Phone Firm Cell C Seeks M&A to Expand into Insurance January 18, 2018 By Loni Prinsloo Cell C Pty Ltd. is seeking acquisitions that will help transform South Africa’s third-biggest mobile-phone company into a full-service telecommunications...