The telco will “showcase the pro-competitive advantages of the proposed transaction” to the Competition Tribunal.
The proposed deal will likely to substantially prevent or lessen competition in several markets, says the regulator.
The hackathon requires participants to submit ideas for financial and transactional apps incorporating MTN Mobile Money APIs.
The build-out of its modern, modular and agile technology platform has reached 93% completion, says the bank.
LG Premium Service Centre Launch
LG South Africa has launched its premium service centre in Midrand, Johannesburg. The centre aims to make it easy for LG customers to get their LG appliances fixed directly with LG.
As loss-making Telkom continues to hunt for strategic investors, analysts warn of the execution risks of turning around the telco’s operational performance.
Huawei Cloud’s global revenue almost doubled last year, with a more than 40% increase in the number of partners and over 55% increase in the number of developers.
The company posts revenue of $81.8 billion, down 1% year-over-year, and earnings per diluted share of $1.26.
TymeBank announces Retail Capital buyout
TymeBank has reached an agreement with Retail Capital and its shareholders to acquire 100% of the fintech SME funder’s shares, subject to regulatory approval. #newsvideo #TymeBank #Itinbanking
The banking ombud sees the emergence of a new scam involving the use of near-field communication technology.
Companies must understand the ultimate beneficial owner of their customers to meet regulations, says LexisNexis Risk Solutions.
The local short-term insurer changes the name of its insurance technology firm from JaSure to Santam Switch.
Black-owned SMEs can apply for up to R7.5 million in seed funding from the AWS Equity Equivalent Investment Programme.
The real estate investment firm closes its inaugural fund − the REdimension Real Estate Technology and Sustainability Fund I.