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You are here: Home / News / Credit fund aims to drive digital inclusion – IT-Online | SA News

Credit fund aims to drive digital inclusion – IT-Online | SA News

6 October 2025 by Guest

Tech Credit Fund, a subsidiary of Solcon Capital, has announced the launch of a dedicated credit fund focused on accelerating broadband connectivity in South Africa’s townships and rural communities.

This initiative will provide funding of up to R5-million per ISP, offered at attractive interest rates with flexible repayment terms. The fund is designed to support Black-owned Internet Service Providers (ISPs) and fiber network operators in building and expanding networks that bring reliable internet to underserved households, aligning with South Africa’s national goal of universal broadband access by 2030.

Small, medium and micro enterprises (SMMEs) account for over 98% of businesses…

Biodiversity: South Africa is one of the world’s 17 megadiverse countries, home to
more than 20,000 plant species and numerous animal species.

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Reader Interactions

Comments

  1. Doughboy

    27 September 2026 at 8:58 am

    Iran: You have two cows. When the US finds out, they impose sanctions on you on charges of running an illicit methane-powered missile program.

  2. Flame Out

    8 September 2026 at 12:09 am

    A baby was born in South Africa. The village was very poor, and the makeshift hospital didn\’t have some necessary equipment.. such as scales.

    The father however, was desperate to know the newborn baby\’s weight. After quite a bit of asking around, the hospital\’s chairman came up with an idea.

    \”Five miles west, there\’s a butcher shop. The owner deals with meat, he should have a rather precise scale. You could just put your baby on the meat scale, and the weight reading you\’ll get should be pretty accurate.\”

    And so the father departed westward. After much walking, with his newborn child cardled safely in his arms, he finally arrived at the butcher shop. He explained his dilemma to the shop owner, to witch the latter replied:

    \”Don\’t worry, friend. It\’s not even a problem, I\’ll check it for you, free of charge.\” And so he took the child to the back, where the scale was located.

    The father heard rumbling noises, and some scraping.. About a minute later the butcher came back.

    \”About three pounds boneless\” He said.

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