TCS - The TechCentral Show

Well-known South African technology entrepreneur Stafford Masie is one of the key backers behind an audacious bid to buy a stake of up to 40% in the South African Rugby Union (Saru)-owned entity that owns the commercial rights to the Springboks brand. Masie, who chairs JSE-listed Altvest Capital – a key player in the consortium making the bid – joins the TechCentral Show with Altvest CEO Warren Wheatley to unpack the plan and what spurred it, and to explain why tech is central to the bid. The bid comes after member unions of SA Rugby last week rejected a plan to sell a 20% in the commercial rightsholder to US-based Ackerley Sports Group for US$75-million. Ackerley has until the end of the year to submit a revised offer, but Wheatley and Masie told TechCentral that they do not expect a deal with the American firm will succeed. The South African consortium is made up of Altvest as well as EasyEquities, RainFin and 27four Investment Managers. In a statement, the consortium explained that if its bid is successful, it will list the special purpose vehicle that has been created to do the deal on the JSE and allow investors to buy shares. This is not dissimilar to Altvest’s business model, which sees it taking stakes in companies on behalf of public shareholders who participate in the economic benefits thereof. “Worth thinking about for the tech community is that our platform allows for ‘crowdfunding’ in a regulated environment that allows for participation in a funding round to anybody with disposable income – from first-time users or customers, all the way through to regulated institutions and pension funds,” Wheatley explained. In this episode of TCS, Masie and Wheatley unpack: • The background to their consortium’s Springboks bid – and why the consortium members came together; • How the bidders will work with SA Rugby to commercialise the rights, assuming their bid is successful; • How the deal could affect broadcast partners; and • Why they believe the deal could be used as a platform for technology innovation in South Africa. It’s an interesting discussion – don’t miss it!

The South African Reserve Bank is working with its peers in the Southern African region to drive financial inclusion by digitising cash and making instant payments across borders an everyday reality. In this episode of the TechCentral Show (TCS), Tim Masela, head of the National Payments System department at the Reserve Bank – he has been with the Bank for the past 30 years – tells TechCentral’s Nathi Ndlovu about the efforts it is making to create a “cash smart” society not only in Southern Africa but across the Southern African Development Community (Sadc) region. Masela unpacks: • Why the introduction of non-bank fintechs into the national and regional clearance and settlements systems is important; • The importance of designing “fit for purpose” regulations that allow fintech to remain nimble and innovative; • A detailed explanation of how the payments and settlements system worked historically, including how it has evolved in the digital era; • The efforts the Reserve Bank and its regional counterparts are undertaking to standardise financial legislation and regulation across Sadc; - The importance of the Transactions Cleared on an Immediate Basis (TCIB) platform, which facilitates PayShap-style instant payments across borders; - The challenges that currency conversion poses in facilitating instant payments across borders; - Findings from the National Payments Study conducted by the Reserve Bank and released in September; - What a “cash light” and “cash smart” society are and why the Reserve Bank believes this is desirable; and - Where the Reserve Bank stands on crypto assets and the road to their incorporation into South Africa’s National Payments System. Do not miss this insightful and informative episode.

Datafree Technologies, the company behind popular zero-rated messaging tool MoyaApp, has an ambitious plan to build a R1-billion/year business by tapping to the APN market provided by the mobile operators. In this episode of the TechCentral Show (TCS), Datafree chief commercial officer Kruben Pillay tells Duncan McLeod about the company’s plan to build a software-as-a-service-based APN – or “access point name” – to sell to businesses. An APN is a gateway that allows a mobile device to connect to the network and the internet. Datafree describes itself as a specialist in “mobile data optimisation” that “identified the opportunity to empower inclusive mobile connection by removing the data cost barrier to engage mobile audiences”. To do this, it uses reverse-billing technology for data, not dissimilar to the way toll-free numbers work for phone calls. Although many people use or are at least aware of MoyaApp, much less is known about Datafree. In this episode of TCS, Pillay tells McLeod more about the business. He also unpacks: • His history in the telecommunications industry, including his time at Vodacom and Telkom; • How MoyaApp is doing; • Datafree’s R1-billion/year APN opportunity; and • How APNs work, why companies use them (and why they sometimes run into issues) and Datafree’s APN services for business. Don’t miss the interview!

The world of telephony might not be particularly sexy, but it is an industry that has changed fundamentally in the past 20 years. And David Meintjes and Rob Lith of Telviva, a South African company specialising in cloud-based unified communications solutions for businesses, has been at the forefront of the technology changes that have swept through the industry in that time. In this episode of the TechCentral Show, the pair tells TechCentral editor Duncan McLeod about the journey from the early days of the business – when it was known as Connection Telecom – to the cloud-based telephony specialist it is today, as Telviva. In the interview, Meintjes and Lith chat about: • The evolution of Connection Telecom, its original mission, and how the business evolved into the unified communications as a service (UCaaS) provider it is today; • How the telephony market in South Africa has changed beyond recognition over the past 20 years; and • Telviva’s international expansion plans and its strategy around acquisitions. There’s plenty more in this interview with two ICT industry legends – don’t miss it.