The bank says its successful digital strategy led to a strong set of interim results, with group headline earnings up 513% to R3.9 billion.
The 22seven lite version is accessed via Moya, a data-free messaging super app, and is free to download from the Android app store.
The local vehicle hiring marketplace signs global partnerships to provide an alternative to vehicle purchasing for customers and e-hailing partner drivers.
The Volaris takeover deal is expected to be concluded in early December after getting all the necessary regulatory approvals.
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.
4Sight Africa MD Christiaan Leboho says the company achieved profitability based on the value proposition it offers in the public sector.
Fintech is uniquely capable of driving formal financial inclusion on a mind-boggling large scale, says Andy Jury, CEO of Mukuru.
The acquisition increases the number of homes passed by Frogfoot to 312 000 and cements its position as the third-largest fibre network operator in SA.
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
This financial year, the company wants to pump about R300 million into burgeoning businesses, with its investment vehicle set to announce a new investment deal before December.
The investment firm enters into a binding agreement to acquire up to 30% of local electric vehicle company Everlectric.
The specialised software solutions provider’s revenue increased by 1% to R1.503 billion (2020: R1.483 billion), comprising muted organic growth of 1%.
The worldwide shortage of processors and components significantly restricted the group’s ability to satisfy its customers’ demands for products.
USDC is one of the world’s fastest-growing, regulated dollar-digital stablecoins – issued by Circle.