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Naspers invests USD5 million blockchain startup Coins
Tech

Naspers invests USD5 million blockchain startup Coins

Naspers Limited has invested USD5 million in Coins a Southeast Asia’s leading blockchain-enabled mobile payments platform. The latest raising brings the total amount raised by Coins in its Series A to over US$9.4M. As one of the first examples of a digital financial service built on top of blockchain technology […]

Discovery starts health insurance in Australia
JSE SENS

Discovery starts health insurance in Australia

Discovery Limited, a Sout African insurance company will be creating a health insurance brand in a joint venture with two Australian companies to expand the footprint of its behaviour tracking programme. Discovery’s Vitality programme, which rewards health and life insurance clients for healthy lifestyle choices and helps track their fitness, […]

ArcelorMittal South Africa gets USD350 million loan
JSE SENS

ArcelorMittal South Africa gets USD350 million loan

ArcelorMittal South Africa said it has gotten ZAR4.5 billion. ArcelorMittal South Africa said the approximately USD350 million revolving credit facility will be used to finance its working capital requirements, the firm said on Wednesday. The company is battling low prices of cheap steel imports which are harming its business. Chief […]

Facebook activates fundraiser feature for US users
Tech

Facebook activates fundraiser feature for US users

Starting with the United States of America, Facebook has created a fundraiser feature to allow people to raise money for personal causes on the social network. According to a statement issued by Facebook, anyone above 18 years can create a fundraiser to quickly raise money on Facebook and easily reach […]

American Airlines names Nathan Gatten as VP on government affairs
aviation

American Airlines names Nathan Gatten as VP on government affairs

American Airlines has appointed Nathan Gatten (J.) as Senior Vice President – Government Affairs. The airlines said in this role, Nathan Gatten will lead American’s federal and international government and regulatory affairs team and the company’s advocacy in Washington and across American’s global network. “Nate brings the perfect blend of leadership, energy, […]