TCS - The TechCentral Show

Seacom last week announced that it plans to build one of the highest-capacity subsea broadband cable systems the world has ever seen. Dubbed Seacom 2.0, the cable system – which will have an expected design capacity of a staggering 2 000Tbit/s – will be larger than the company’s original system, which brought high-speed connectivity to Africa’s eastern coastline when it was launched in 2009. The new system, which will include an “express route” from South Africa to Singapore and leg around South Africa to Lobito in Angola – and which will also cover much of the same East African coastline as the first system – will use the latest fibre-optic technology and 48 fibre pairs to deliver its extreme total capacity. Alpheus Mangale, CEO of Seacom, sat down with TechCentral editor Duncan McLeod for an exclusive first interview with the TechCentral Show to unpack the announcement and provide much greater detail about the deployment – including its timelines and the technology that will be used. In the interview, Mangale touches on a range of topics, including: • What’s involved in building a submarine cable system of this magnitude; • Why Seacom has chosen the routing for the cable that it has; • The need for great redundancy around the African continent, and how this fed into Seacom’s planning for Seacom 2.0; • The commercial model for the new system and what this means for the region; • The assumptions Seacom is making about future internet demand and how that feeds into its return-on-investment forecasts; • How the system will be funded and who is backing it; • The risks inherent in building telecommunications infrastructure at this scale; and • The terrestrial infrastructure that will be deployed to support Seacom 2.0, including landing stations and edge data centres. Don’t miss a fascinating interview!

South Africa’s payments ecosystem is evolving at a rapid pace. PayInc – previously BankservAfrica – sits at the core of the country’s payments infrastructure. As the builder and manager of the PayShap instant payment rails, PayInc is central to the Reserve Bank’s plans to drive digital inclusion through payment modernisation. In this episode of the TechCentral Show, Stephen Linnell, CEO of PayInc, tells TechCentral’s Nkosinathi Ndlovu about the strategy behind the rebrand to PayInc and how that fits into the utility’s vision of the payments ecosystem in South Africa and the broader Southern Africa region. Linnell delves into: • PayInc’s new ownership structure with the Reserve Bank taking over 50% ownership from the private banks; • How the Reserve Bank’s participation will help PayInc achieve its goals; • An assessment of PayShap since its 2023 launch and what comes next; • What the proposed inclusion of non-bank players including fintechs, retailers and telecommunications operators in the national payments and settlements system means for the economy; • The efforts PayInc is making to implement instant payments at a regional level; and • Emerging payment technologies like central bank digital currencies and stablecoins. Don’t miss this informative discussion.

The Invigilator, the developer of a South African application that helps educational institutions monitor web-based assessments to prevent cheating, recenty secured US$11-million (R195-million) in funding to help it expand internationally. In this episode of the TechCentral Show, Nicolas Riemer, co-founder and CEO of The Invigilator, joins TechCentral’s Nkosinathi Ndlovu to discuss how the start-up is going to use the cash injection to take on international markets. He also gives insight into the app’s software and the company behind it. In this episode, Riemer delves into: • How The Invigilator app got started during the Covid-19 lockdown; • The markets it plans to expand into internationally; • The challenges of developing an app like The Invigilator in the South African market and why this may have set the company up for international success; • How the app uses AI to minimise network and storage demands while improving outcomes; • Barriers to The Invigilator’s adoption, like resistance from students, and how they were overcome; and • The future technologies Riemer is most excited about in the ed-tech space. Don’t miss the conversation!

Paratus Group executive chairman Barney Harmse joins the TechCentral Show to share the story of the telecommunications group’s rise from small beginnings in Angola and Namibia more than 20 years ago and how it became one of Southern Africa’s biggest ICT infrastructure players. Paratus started life in Angola in 2003, evolving from a local internet service provider into a pan‑African telecoms powerhouse. Co-founded by Harmse with Schalk Erasmus, Rolf Mendelsohn, Martin Boese and Miles October, it grew rapidly and now has infrastructure across the region, including in Zambia, Botswana, South Africa, Mozambique, the DRC and Namibia. This week, it officially launched the first privately owned mobile network operator in Namibia, which will compete directly with the state-owned incumbents. Today the business works closely with the likes of Starlink, Google and Meta Platforms and plays a significant role in long-distance, metropolitan and access networks across the region. It also helped land Google’s Equiano cable on the Namibian coast. In this lively interview with TechCentral editor Duncan McLeod, Harmse unpacks the Paratus story, touching on: • What building telecoms infrastructure across the vast reaches of Southern Africa has entailed, including memorable moments along the way; • The company’s financial backers, and its capital-raising plans – including a possible future listing in New York; • Why it built a network of long-distance fibre across Southern Africa; • Paratus’s relationship with Elon Musk’s Starlink, and why it’s a key role player in the launch of the low-Earth orbit satellite provider’s offering across the region; • The launch of the mobile network in Namibia and why it’s a significant development in the Paratus story; and • The opportunities still ahead for Paratus Group. Don’t miss a great interview!

Maziv, the company that owns Vumatel and Dark Fibre Africa, plans to spend R12-billion over the next five years as its ramps its deployment of fibre infrastructure across South Africa. Poised for a big injection of cash and assets from Vodacom, which is buying a 30% co-controlling stake in the business, it has unveiled big plans to deploy fibre in townships and other underserved parts of the country. In this exclusive podcast interview, CEO Dietlof Mare unpacks Maziv’s ambitious plans with the TechCentral Show, telling TechCentral editor Duncan McLeod about: • The painful three-and-a-half years it took to get the deal over the line with the competition authorities and how these delays undermined investment in new fibre builds in South Africa; • Why regulators need to reflect on the time it took to conclude the transaction, and why they need to be quicker in adjudicating M&A activity to grow the economy; • How the merging parties eventually secured the approval of the Competition Commission, which had initially recommended that the transaction be blocked on competition grounds; • Vumatel’s deployment plans – where it’s going to focus next with its new fibre builds and why; • The economics of rolling out fibre into townships and into low-income communities, a key focus for the business over the next five years; • What the conclusion of the deal means for the sector, including the potential for further consolidation of fibre network operators; • The policy and regulatory changes Maziv would like to see to help it speed up the deployment of fibre in South Africa; and • How the Maziv business is expected to change in the coming years. Don’t miss a great discussion about the future of broadband internet infrastructure in South Africa!

Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank described the deal as a “significant milestone” in its strategy to target small and medium enterprises. iKhokha co-founder and CEO Matt Putman is TechCentral’s guest in this episode of the TechCentral Show. He unpacks the deal with TechCentral editor Duncan McLeod, explaining how it came about and what it means for the company’s further growth. Founded in Durban in 2012, iKhokha provides mobile point-of-sale solutions to SMEs. Its products include card machines and a mobile app that allows merchants to accept card payments, with added business management tools. It was founded by Putman, Ramsay Daly and Putman’s father Clive. Putman tells the TechCentral Show about: • How the deal with Nedbank happened; • The origins of iKhokha and its growth over the past 13 years, leading to the sale to Nedbank – a deal that is still subject to regulatory approval; • How iKhokha will work with Nedbank (it will remain an independent brand within the banking group), including a possible expansion into new markets in Africa; and • The exit of iKhokha’s backers, including Crossfin Technology Holdings, Apis Partners and the International Finance Corporation. Don’t miss a great discussion!

Alan Knott-Craig’s new fibre internet business has been flying below the radar for some time now, but the serial telecommunications entrepreneur has finally unpacked his plans for the business. Speaking to the TechCentral Show this week, Knott-Craig – who has led a range of well-known tech businesses, including Mxit, World of Avatar, Project Isizwe and iBurst – talks about why he believes there’s money to be made in wiring up townships with fibre and how Fibertime (stylised as “fibertime”) hopes to reach millions of data-poor South Africans who, until now, have had to rely on expensive mobile data for connectivity. In the interview, with TechCentral editor Duncan McLeod, Knott-Craig also chats about: • What’s been involved in building Fibertime; • The Fibertime business model and the economics of township fibre; • The network’s footprint and where the company plans to build next (it is currently deploying infrastructure in Alexandra in Johannesburg); • Why fibre beats wireless for township internet services; • The difficulties of working in township settings, including the threat posed by crime; • Plans to list the business, possibly in 2027; and • The recently approved Vodacom/Maziv deal, and what that means for the telecoms sector. Don’t miss a fascinating interview!

Although Shoprite Group stole a march on many of South Africa’s retailers in on-demand online grocery delivery during the Covid-19 lockdowns, Pick n Pay has a clear plan to make up lost ground and compete aggressively for market share. Enrico Ferigolli, who co-founded the liquor delivery app Bottles – which was later acquired by Pick n Pay to form the basis of its online shopping push with asap! – joins the TechCentral Show to unpack the journey Pick n Pay is on, and how the e-commerce market is likely to develop in the coming years. Ferigolli tells TechCentral editor Duncan McLeod about: * Why and how technology has become fundamental to modern retail; * The launch of Bottles and what led to the Pick n Pay acquisition; * The dynamics of on-demand delivery and what it takes to be a successful player; * How Pick n Pay is working to convince people to try asap! for their grocery needs; * The role of AI (and AI agents) in future omnichannel retail environments; How online shopping is likely to change the way Pick n Pay designs its physical stores; * Pick n Pay’s relationship with Takealot Group, and where that alliance is headed; * Pick n Pay’s plans to expand into townships and other underserved markets with on-demand deliveries; and * The threat posed by international e-commerce companies that don’t have a presence in South Africa but which ship goods to local consumers. It’s a great interview about the future of e-commerce in South Africa – be sure not to miss it!

A recent management buyout of Britehouse from NTT Data – previously Dimension Data – has put the software development house on a new trajectory. In this episode of the TechCentral Show, Duncan McLeod chats to Britehouse executive chairman Graham Parker about the MBO of Britehouse Mobility and what it means for the future of the business. Dimension Data acquired the 60% of Britehouse it didn’t already own in a 2015 transaction, buying out shareholders that included Remgro and Convergence Partners. The IT group had held a 40% stake since 2007 before buying out other shareholders eight years later. “Britehouse is embarking on a new era of innovation and independence following a management buyout transaction that effectively acquired the business from NTT Data,” a statement at the time said. “The acquisition from NTT Data marks a pivotal moment in Britehouse’s journey.” Following the deal, Britehouse Mobility will operate as a fully independent company. The Britehouse brand will cease to exist inside NTT Data, but the latter will retain the enterprise applications business, with specific focus on SAP and Microsoft, it said. “After several successful years of operating as part of the global NTT Data group, Britehouse is excited to return to its roots as an independent, South African-led business,” said Parker at the time. Parker tells the TechCentral Show about: • His history with Dimension Data and Britehouse; • The story of Britehouse; and • What the business looks like today, and management’s plans for growth. Don’t miss the discussion!

The Lekker Network is a recently launched global business platform designed to help South African expatriates find business and investment opportunities around the world, including at home. Founded by a group of well-known businesspeople, The Lekker Network was launched in March and offers members access to a business directory, a jobs portal (for employers and job seekers), a social platform with “likeminded individuals” and events around the world for people, including non-South Africans, to meet up. Renier Lombard, a co-founder of The Lekker Network, is our guest on this episode of the TechCentral Show. He said the platform, whose ambassadors include well-known journalist and speaker Bruce Whitfield and former Springbok and now businessman Bob Skinstad, is designed to “forge connections between South African businesses and businesspeople, regardless of their location”. In this episode of TCS, Lombard unpacks: • Who founded The Lekker Network and why; • Who it is aimed at and who can join; • How much it costs and what members get for the fee; • The markets where The Lekker Network is focused – not surprisingly, the attention is on countries where there are a large number of South African expats; • How (and why) non-South Africans can join the network; and • The importance of the tech sector, including start-ups, to The Lekker Network community. Don’t miss the interview!

The digitisation of social interactions has made it easier for people to maintain contact and build online communities. However, there has been a decrease in in-person interaction that has contributed to a sense of disconnect. South African-made social media platform Sociable hopes to solve this problem by combining online engagement with in-person meetups, connecting people based on shared interests. In this episode of the TechCentral Show, Sociable co-founder and CEO Jason van Dyk tells TechCentral’s Nathi Ndlovu about the importance of community and how Sociable is helping drive its development. In the show, Van Dyk delves into: • How community builders benefit from using the Sociable platform; • The features Sociable provides to communities and their members to enhance engagement; • How meeting spaces including coffee shops, bars and restaurants benefit from the in-person component of Sociable’s community meetups; • Sociable’s approach to safety for its users; • How Sociable positions itself against large social media platforms like Facebook; • Some of the most popular communities on the platform; and • The impact of AI on the social media landscape. Don’t miss the conversation!

Spar Group is determined to play a significant role in the on-demand grocery delivery space in South Africa despite coming from behind, its omnichannel executive for Southern Africa has told TechCentral. Speaking to the TechCentral Show, Blake Raubenheimer took the publication’s editor, Duncan McLeod, through the retailer’s plan to compete directly with the likes of Shoprite Holdings’ Sixty60, which gained an early market lead during the Covid lockdowns. Spar has every intention of becoming a meaningful player in app-based on-demand deliveries, according to Raubenheimer, who unpacked the retailer’s plan to gain market share in the increasingly competitive but fast-expanding segment with Spar2U. South Africa’s grocery sector has become increasingly competitive as price-conscious consumers look for value, convenience and distinctive products. Shoprite and Woolworths are keeping their rivals on their toes as they continue to sign up customers. Pick n Pay, which is also coming from behind, is aggressively targeting the space, too. In this episode of the TechCentral Show, Raubenheimer discusses: * How Spar’s business model – the vast majority of stores are run by franchisees – has complicated its move into the on-demand grocery game, and how it's working to turn this to its advantage; * How Spar is working to convince consumers to try Spar2U over other on-demand services; * The group’s broader omnichannel strategy, where the retailer is positioned in the market, where it wants to get to, and how it plans to do it; * Its focus on the township and rural markets through partnerships with companies like KasiD and Delivery Ka Speed – and why it’s important; Spar’s partnership with Uber Eats; * How Spar’s SAP enterprise software implementation in KwaZulu-Natal went awry and how it impacted the retailer; and * What Spar is working on from a technology perspective. Don’t miss a fascinating discussion about how technology is transforming the retail industry in South Africa.

What should one make of the noise surrounding the licensing (or non-licensing) of Starlink in South Africa? And what of the plans to reform the rules around black economic empowerment in the sector? To make sense of these developments – and others – TechCentral editor Duncan McLeod sat down this week with Nomvuyiso Batyi, CEO of the Association for Comms & Technology (ACT), an industry body that represents South Africa’s six largest telecommunications operators: MTN, Telkom, Vodacom, Rain, Liquid Intelligent Technologies and Cell C. In the interview, for the TechCentral Show, Batyi unpacked communications minister Solly Malatsi’s draft policy directive to communications regulator Icasa on so-called “equity equivalents” and why ACT believes there needs to be fairness in the licensing process. If the new rules apply to satellite operators, she said, they should apply to all licensees in the sector equally, including the big telecoms operators ACT represents. In the show, she also discussed: • Whether Starlink – and other low-Earth-orbit (LEO) satellite internet companies pose a threat or an opportunity for South Africa’s network operators; • The role of LEO satellite operators in South Africa’s future telecommunications mix – and can they help bridge the digital divide?; • The latest on the planned switch-off of 2G and 3G networks in South Africa, and why 3G will be the first to go; • Whether national treasury’s recent move to cut ad valorem tax on basic smartphones goes far enough – and what other measures ACT would like to see to get smartphones in the hands of everyone in South Africa; and • What is happening regarding the next spectrum auction. Don’t miss a great discussion!

Altron Group announced last week that it was selling its Altron Nexus businesses in a management buyout led by Nexus MD Louis du Toit and BriteGaze founder and technology entrepreneur Reshaad Sha. Sha and Du Toit are our guests in this episode of the TechCentral Show, where they tell TechCentral editor Duncan McLeod about the acquisition and their growth plans for the business. As part of the acquisition – which is still subject to the fulfilment of certain conditions, which should be concluded by the end of June – Altron Nexus will be rebranded as Sentiv, a portmanteau of “sentient” and “intuitive”. Sha will serve as Sentiv’s executive chairman while Du Toit will be CEO. “Together they will steer Sentiv’s transformation into a future-orientated technology partner offering intelligent, context-aware, mission-critical communications and industrial internet-of-things solutions,” according to a statement from the acquiring parties. In this episode of the TechCentral Show, Du Toit and Sha tell McLeod about: • How the deal came about; • The assets and businesses housed in Altron Nexus; and • The plan to turn the business around. Don’t miss a great conversation!

TechCentral’s guests in this episode of the TechCentral Show believe Blue Label Telecoms and its affiliate (and soon to be subsidiary) Cell C present a compelling investment case. Philip Short, global portfolio manager at Flagship Asset Management – which counts Blue label as its sole South African investment – and Dylan Bradfield, portfolio manager at Sharenet, tell TechCentral editor Duncan McLeod that they believe the turnaround taking place at Cell C is real, and will have a meaningful impact on Blue Label shares. Blue shares, which have already rallied strongly – which have more than doubled in the past six months – could still have plenty of room to run, according to Short. In this episode of the TechCentral Show, Short and Bradfield unpack: • Blue Label’s announcement earlier this month that it is considering a JSE listing for Cell C; • Why Cell C’s restructured operating model and strategy makes sense, and why that’s good news for Blue Label shareholders; • The role of Cell C CEO Jorge Mendes in the turnaround – and what the opportunity is for the mobile operator with its new “asset-light” model of running its network – management of its radio access network has effectively been outsourced to partners (and competitors) MTN and Vodacom; • Which operators would be most vulnerable to a resurgent Cell C; • The importance of Cell C’s strategy around mobile virtual network operators and the significance of its relationship with Capitec; • The move by Blue Label to sell Comm Equipment Company to Cell C – good move or not? • Whether Cell C can compete with Telkom, Vodacom and MTN in the business market, something Mendes has signalled his desire to do; • What the listing of Cell C could look like, what management’s focus should be before the listing and what kind of valuation the business could attract; and • How much more value could be unlocked for Blue Label shareholders. Don’t miss a fascinating discussion!

4Sight Holdings has turned the corner and has signalled this with a recent move from the AltX to the main board of the JSE. CEO Tertius Zitzke is our guest in this episode of the TechCentral Show. He tells TechCentral editor Duncan McLeod about the turnaround he’s leading – not to mention the mess he inherited when he took over leadership of the business in December 2019, months before Covid hit. 4Sight has been operating largely below the radar, but the investment community has begun paying attention – and, although the shares been moving sideways for the past year, over three years they have climbed by 250%. In this episode of the TechCentral Show, Zitzke unpacks: • What motivated the decision to move to the JSE’s main board; • His background, including his leadership AccTech Systems, its acquisition by 4Sight and how he became CEO of the group; • Why the business was listed originally, and how its focus has changed under his leadership; • How the turnaround was achieved – and what still needs to be done; • Where 4Sight fits into the ICT market in South Africa; • The recent acquisition of XFour Group and plans for more acquisitions; and • What’s next for 4Sight. Don’t miss an interesting discussion!

One of South Africa’s responsibilities as president of the global Group of 20 (G20) nations in 2025 is to hosting the G20 TechSprint, an event that invites innovators from around the world to develop financial solutions that solve the most pressing challenges faced by central banks. The South African Reserve Bank is hosting this year’s TechSprint in collaboration with the Bank for International Settlements. Lyle Horsley, head of fintech at the Reserve Bank, joined TechCentral’s Nkosinathi Ndlovu on the TechCentral Show to talk about the competition and other initiatives spearheaded by Bank under the G20 banner. In this episode of the show, Horsley delves into: The history of the G20 TechSprint and some of the solutions developed in previous iterations of the competition; The problem statements entrants are required to centre their solutions on; How central banks balance the often-opposing concerns of innovation on one hand and strong regulation on the other; How digital identity and the principles of open finance are critical to digitised financial systems; How the global central banking community will help winners develop and scale their solutions; and Details about the format of the TechSprint, how to participate and the prizes up for grabs. Don’t miss an interesting discussion!

Boasting 1.6 million subscribers after less than three years in the market, Capitec Connect has quickly become South Africa’s largest MVNO – and it has an ambitious plan for further growth. Dalene Steyn, head of Capitec Connect, tells the TechCentral Show (TCS) that the MVNO – or mobile virtual network operator – market in South Africa is poised for further expansion as banks, retailers and other brands muscle into the mobile business through wholesale partnerships with network operators. According to Steyn, although Capitec Connect is not a loss leader for the bank, the focus for now is building a critical mass of subscribers from Capitec Bank’s customer base – Capitec Connect users must be bank clients to sign up for the service. In the interview, Steyn tells TechCentral editor Duncan McLeod about: • Why Capitec Connect recently cut its prices, matching another MVNO, Afrihost AirMobile, as the cheapest MVNO provider in South Africa – spoiler: it’s all about building scale; • Why Capitec is pulling ahead in the MVNO market and how big the bank wants to be in mobile – and why it’s so important to its business; • Capitec Connect’s plans to introduce post-paid contracts later this year and how this aligns with its push into business banking services; • The company’s plans for device financing; • Its relationship with Cell C, whose network it uses to provide mobile services to its clients, and why it’s pleased with the relationship; and • The unconfirmed market talk that Capitec might buy a strategic equity stake in Cell C. Don’t miss the discussion!

Cape Town-based fintech start-up Stitch last month caught the attention of many people when it announced it was raising R1-billion (US$55-million) in a significant series-B funding round. Co-founder and CEO Kiaan Pillay is our guest in this episode of the TechCentral Show, where he tells TechCentral editor Duncan McLeod about the funding round, which was led by QED Investors with participation from a range of new and existing investors. The latest round brings Stitch’s total funding to date to nearly R2-billion, or $107-million. In this episode of the TechCentral Show, Pillay unpacks: • His background and why and how Stitch was founded; • How well-known South African comedian Trevor Noah became one of the participating funders in the latest funding round; • What Stitch is doing differently to other fintech and payment start-ups that has allowed to raise the quantum of funding that it has; • The significance of Stitch’s recent acquisition of Exipay – and why it’s important for Stitch to be a player in the in-person payments market; • Stitch’s plans in the cryptocurrency space; and • Why the company is focused (for now) on the South African market. Don’t miss a great discussion!

Shortly after the Covid-19 pandemic hit, Tiffany Dunsdon – at the time CEO of JSE-listed Adapt IT – found herself having to fend off an unwanted takeover bid from Huge Group. Dunsdon did not feel the deal made much sense for Adapt IT – a fast-growing enterprise software services provider whose share price, like many others at the time, had been knocked lower by the uncertainty caused by the pandemic. The Huge Group approach was opportunistic, said Dunsdon. So, instead of entertaining the approach from Huge Group, she set about engineering a very different deal: one involving Canadian-listed Constellation Software: Constellation subsidiary Volaris Group would buy out Adapt IT and delist it from the JSE. Dunsdon, who was recently appointed as acquiring group leader at Omegro – a portfolio company within Volaris Group that houses Adapt IT – joins Duncan McLeod on the TechCentral Show for an update following the conclusion of the sale. In this episode of the TechCentral Show, Dunsdon also discusses: • Adapt IT’s performance since its acquisition and delisting; • The Huge Group hostile approach and how that played out inside Adapt IT; • The timeline of events that led to the acquisition by Volaris Group; and • What’s next for Adapt IT and Omegro. Don’t miss the conversation!