This website uses cookies
Read our Privacy policy and Terms of use for more information.
News
+1

May 6, 2026
•
4 min read
SA founders are too polite to push for a real answer and end up spending months on deals that were never going to close. An SA sales leader who's built partner networks and sales teams across 24 African countries has a fix: Stop fishing for yes, and get an answer faster in sales (even if it’s a no).


News
+1

Apr 29, 2026
•
3 min read
For nearly a decade, South Africans exploited a quirk of the country's apartheid-era exchange controls to make consistent, low-risk money: buy crypto cheaply offshore, sell it at a premium locally, repeat. Spreads once hit 30%. They're now 1%, the two biggest players have shut down within months of each other, and new legislation will formally bring crypto under exchange controls for the first time.

News
+1

Apr 27, 2026
•
5 min read
Moving money across African borders used to be slow, expensive and dominated by legacy players. In the space of a few years, SA-founded companies built infrastructure that processes billions, attracted the world's largest acquirers, and produced the largest stablecoin acquisition ever recorded: a R30 billion sale to Mastercard. This is how it happened, and what comes next.

News
+2

Apr 24, 2026
•
2 min read
Consumer fraud in South Africa rose 86% last year. Nearly 98,000 cases. R1.9 billion in losses. The primary driver is social engineering, and AI is making fraudulent contact nearly impossible for consumers to distinguish from the real thing.

News
+2

Apr 23, 2026
•
4 min read
In November 2019, Shoprite was dealing with an SAP disaster and a depressed share price. That same month, it launched Checkers Sixty60. Six years later, Sixty60 does R18.9 billion in annual sales, has fulfilled 100 million+ orders, and Shoprite's market cap has roughly doubled, from around R68 billion to over R150 billion.

News
+1

Apr 21, 2026
•
2 min read
Taptic, the free study platform built for African learners, reached 3.6 million sessions across seven countries in 2025. Its founder, Veer Gosai, has a specific, data-backed argument for why the AI platforms flooding the edtech market are solving the wrong problem.

News
+1

Apr 15, 2026
•
5 min read
Most of SA's AI story in 2026 has been about adoption: Banks deploying fraud detection, startups bolting on AI features and enterprises running pilots. But a smaller group has decided to build AI itself, not just use it. As far as we can tell, only three South African venture studios are doing exactly that, each with a different model for creating AI companies and products from the ground up.

News
+3

Apr 14, 2026
•
5 min read
Between 2020 and 2021, over 200 South African startups raised funding in what became the biggest deal period in SA startup history. The total capital deployed ran into the billions of rands. Five years on, the clearest verdict from the data is this: the companies that built infrastructure for businesses survived and scaled, and the companies that bet on permanent shifts in consumer behaviour mostly didn't.

News
+1

Apr 8, 2026
•
4 min read
The global AI conversation is dominated by billion-dollar labs. But some of the most creative applications right now are coming from South African founders who aren't trying to build the next foundation model. They're playing, experimenting, shipping, and in at least one case, measuring their entire company's output in tokens. Here are five worth watching.



The best stories from South Africa’s business scene. Delivered with insight, edge, and just the right amount of mischief.
Whether you’re building, scaling, operating, investing, or just curious, The Open Letter keeps you in the loop and ahead of the curve.