Latest News Hot off the Press

January 27, 2019

Last year was challenging for entrepreneurs and SMEs, and some may have even revised their growth goals. The good news is that 2019 looks like a sunnier prospect, if they stay ahead of their game.

South Africa’s economy will rebound slowly this year, predicts the latest Fitch Solutions Macro Research, aided significantly if a further, anticipated fuel price reduction becomes a reality in the first q...

January 21, 2019

“In [Silicon] Valley there’s always been that mentality: how do we hack Wall Street?” says Rob Kniaz, a founder of tech-focused venture capital firm Hoxton Ventures.

Two weeks ago reports broke that Slack, the workplace messaging app, was planning to go public, potentially firing the starting gun on a slew of major tech company flotations in 2019.

Ride-hailing apps Uber and Lyft, home-sharing giant A...

January 17, 2019

Whether blockchain had come along or not, energy markets are undergoing unprecedented change. Global initiatives are recognising the benefits of renewable energy and through uptake, the cost of solar, wind and battery power has dropped below that of fossil fuels. Distributed energy resources (DERs) are more widespread than ever before.

But for all the change, we still have a system where, incre...

January 11, 2019

TOKYO -- Mitsubishi UFJ Financial Group has launched a roughly 20 billion yen ($185 million) venture capital unit targeting startups in the U.S., Southeast Asia and at home in Japan.

The fund ranks among Japan's largest set up by a major bank to specialize in financial technology. It will invest in enterprises in areas like payments, remittances and asset management that look ripe for collabora...

January 10, 2019

Jamie Dimon has never been shy about his envy for Silicon Valley.

The CEO of J.P. Morgan Chase frequently travels west to meet with venture capitalists and entrepreneurs, touts his bank’s hefty investments in technology and famously warned in 2015 that “Silicon Valley is coming,” thanks to “hundreds of startups with a lot of brains and money working on various alternatives to traditional banking.”...

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