According to the bank, digital initiatives helped to increase the number of digitally-active retail clients in SA by 11% to 2 3 million.
Given the current market conditions, the board has resolved to postpone the separate listing of Swiftnet on the local bourse, says Telkom.
The structural separation of the fintech, fibre units is underway and both businesses will be operating companies in the next 18 months, says the company.
OVEX’s interest accounts allow users to generate yield even on their idle crypto-currencies.
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.
ICASA says there is currently no legal impediment to the auction proceeding, as the litigious Telkom has participated in the process.
To mark International Women’s Day, Google.org commits R15.3 million in grant funding to support women entrepreneurs.
Parliament’s portfolio committee chairperson lauds the economic prospects of the spectrum auction, as ICASA readies to finally unleash new spectrum.
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 city receives R1.8 million from the US agency, as it steps up plans to procure its own electricity.
The Naspers unit expects to write down the full carrying value of its VK asset of approximately $700 million.
The project will benefit unemployed youth and invites skills development providers to participate.
Huawei CTO Paul Scanlan advises mobile network operators and the regulator ahead of SA's spectrum auction.
Gaia Fibonacci Fibre is looking to list its B preference shares on the stock exchange early next quarter.