The entire NuPay customer base has been migrated to DebiCheck and all transactions are now DebiCheck transactions.
The deal comes as Herotel positions to become a national fibre player as competition in the SA market grows.
The digital bank reached a turning point at the end of last year and expects to break even in 2024.
The foundation and Milken Institute select 25 teams to enhance their agritech solutions for the real world.
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.
Uncertainty, intense price competition and the rising cost of raw materials prompt the closure of the unit.
Flywire integrates directly into the Adapt IT student management system to digitise and streamline cross-border education payments into South Africa.
The agency shifts focus to financial sustainability over the medium-term, as it looks to turn its fortunes around.
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
ICASA will receive additional funds in the 2022/23 financial year, as it readies to license spectrum.
Key ICT projects include plans to provide policy direction for the deployment of 5G over the medium-term.
National Treasury’s allocations show no budget for South Africa Connect phase two in the 2022/23 financial year.
The company reveals that fraud perpetrated by former senior executives at one of its subsidiaries amounts to R315 million.
The South African-founded chat-based commerce platform secures $91 million in its series C round.