Flash Briefing: SA banks ‘have legs’; Mastercard starts to integrate crypto assets; Italtile; Africa tech start-ups

Headlines:

  • Funding for African start-ups slowed for the first time after nearly 10 years of growth as investors in the fledgling tech scene were put off by the Covid-19 pandemic;
  • South African banks ‘have legs’, says an equity analyst for a major firm;
  • Italtile produced stellar results;
  • Mastercard is starting to integrate crypto assets and Twitter bosses are also thinking about using it to pay staff and include on its balance sheet;
  • Equites was a star performer on the JSE.

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