South Africa's largest mobile phone group Vodacom is teaming up with Nedbank to deliver a phone-based cash transfer service, similar to a successful service operating in Kenya.

Two South African businesswomen have been rewarded with prestigious awards for their outstanding work in their respective fields.

Seedcamp, a European micro seed fund that invests in early stage startup companies, has selected ten South African technology startups for possible selection to attend the Seedcamp Week programme held in September in London, UK, where they will be in line for a potential 50,000 Euro investment.

Enterprise development in smaller towns in South Africa will receive some much- needed attention with the launch of Pitch & Polish, a new lateral-thinking competition that will expose would-be entrepreneurs to enterprise development training.

Africa's biggest media group Naspers said on Wednesday the fast-growing continent was the "top priority" for expanding its Internet business.

Standard Bank, South Africa's largest bank by assets, said on Thursday its credit card business was recovering and would see gradual growth in the second and third quarters.

The South African Gold Coin Exchange (SAGCE), operator of Scoin, the only retail chain of coin stores in the world, has opened two additional outlets, raising its global total to 18 stores.

South Africa will launch a new mining charter on Wednesday to increase black ownership in the sector after the previous agreement failed to do so, the department of Mineral Resources said on Tuesday.

AllWorld Network and Endeavor SA have released their list of 34 of South Africa’s fastest growing companies that are seen as the leading indicators of the country’s future economy.

The Independent Communications Authority of South Africa (ICASA) has formalised its proposal to regulate mobile interconnection fees by mobile operators.

Visionary South African entrepreneurs were rewarded this week at the 14th SAB KickStart awards at the Sandton Sun hotel. Finalists included companies in hospitality, design, manufacturing and construction.

Structural growth opportunities could in the next five to seven years contribute R5.7bn to R9.6bn to banks' earnings, reckons a research report by RMB Morgan Stanley banking analysts.

Despite Bharti Airtel blaming South Africa's government for the collapse of its proposed telecoms tie-up with MTN, there are no signs of Pretoria more generally shutting the door on outside investors.

South Africa's Industrial Development Corporation will provide R70 billion of new funding over the next five years to help local companies hurt by a global downturn, a senior official said on Friday.

Versed in the highs and lows of emerging-market development, SABMiller, Standard Bank, and others are expanding across the continent and beyond.

Pick n Pay chairman Raymond Ackerman's dream of selling discounted fuel is closer to becoming a reality as the retailer and BP join forces in a groundbreaking new deal.

The business process outsourcing and offshoring (BPO&O) industry in Cape Town is experiencing rapid growth, according to a Key Indicator Report released this week.

South Africa's first clean technology investment fund, The Evolution One Fund, plans to invest R1 billion in clean technology initiatives in Southern Africa. The fund was launched this week by Inspired Evolution Investment Management.

The University of Johannesburg (UJ) is throwing its weight behind the growth of the Soweto economy with a centre dedicated to boosting the prospects of its small and medium enterprises.

It is easier to do business in South Africa now than it was last year, according to the International Finance Corporation's (IFC) Doing Business 2009 Report.

South African communications company ZOK Cellular has introduced an entrepreneurial project that will supply communities with essential retail, financial and communications services. 

Kumba Iron Ore is to spend R8.5 billion in the development of a new mine in the Northern Cape Province; an investment which is likely to have a strongly positive effect on the region’s economy. 

Five South African companies are expected to emerge as challengers to the world's leading blue chip companies this year, according to the latest Standard & Poor's (S&P) Global Challengers List.

VenFin, a South African investment holding company, has launched a new early stage Intellectual Property (IP) venture capital fund to boost innovation in South Africa and take local ideas to the world market.

South African fast food chicken outlet Nando's has taken its first steps into one of the biggest fast food consumer markets in the world with the opening of a restaurant in downtown Washington DC, USA. 

Situated on 7th Street Northwest in Chinatown, Washington DC, the newly opened restaurant marks the SA restaurant brand's first foray into what co-founder Robert Brozin calls "the final frontier".

"The growth of the Nando's business has been phenomenal."