Mark and Brett Levy's Blu Label Unlimited shares lose $85.1 million in seven months
Mark and Brett Levy have lost R1.46 billion over seven months as Blu Label Unlimited shares fell sharply from their August 2025 peak.
South Africa tech
Zim billionaire Strive Masiyiwa's Cassava launches Africa's first NVIDIA-powered AI factory in South Africa
Strive Masiyiwa's Cassava Technologies launches Africa's first NVIDIA-powered AI factory in South Africa, targeting Nigeria, Kenya, Egypt and Morocco.
South African trio sells stablecoin startup BVNK to Mastercard for $1.8 billion, becoming instant billionaires
South African co-founders Jesse Hemson-Struthers, Donald Jackson and Chris Harmse have sold stablecoin startup BVNK to Mastercard for up to $1.8 billion.
Patrice Motsepe's ARC backs US software giant Spinnaker's push into South Africa
Patrice Motsepe's African Rainbow Capital is backing US software support firm Spinnaker as it opens its first South African office in Johannesburg.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.