Rapid payments system to shake up SA’s banking sector
Standard Bank’s Instant Money tops 50k access points
The big-four bank’s digital wallet is now available at about 50 000 access points in SA, boosted by spaza shops and informal market partnerships.
Mustek reopens KZN office as it counts cost of civil unrest
The company reopened its Durban office this week, saying it aims to restore local assembly and distribution as a priority.
Analytics giant SAS eyes IPO in 2024
The company expects to continue to bolster its strong financial foundation in the coming years as it prepares for a potential entry into the public markets.
Amazon posts $113bn net sales as CEO Andy Jassy starts tenure
The company’s operating income increased to $7.7 billion in the second quarter, compared with $5.8 billion in second quarter 2020.
Marsh warns about potential financial impact of ransomware attacks
Cyber criminals are increasingly targeting governments and healthcare organisations, and the financial costs associated with remediation are growing exponentially, says Spiros Fatouros, CEO at Marsh Africa.
Squabble over City of Tshwane R70m tracking tender escalates
The unhappy firms accuse the city of promoting anti-competitive behaviour and claim it is creating an evergreen arrangement for C-Track.
Altron appoints group CFO, new chairman
The technology services firm names Nicholas Bofilatos as group chief financial officer and Stewart van Graan as its chairman.
Standard Bank bolsters chatbot with insurance claims function
The big-four bank enables insurance cover and claims capability via its WhatsApp-based chatbot.
New acquisition spurs women participation in energy sector
Female-owned renewable energy firm DLO Resources Group buys power infrastructure company Conco Energy Solutions.
Clients embrace digital banking but still want human interaction
While customers prefer to bank digitally, they still crave a human connection when it matters, a global banking survey finds.
Yoco scores R1.2bn funding to unlock capacity in Africa
The South African fintech firm plans to scale its financial ecosystem to Africa and the Middle East after securing Series C funding.