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Mukuru perseveres to become African fintech powerhouse

From humble beginnings in a London flat in 2005, tech start-up Mukuru’s journey has been one of turning challenges into opportunities for innovation.

FASTA, Mastercard introduce virtual credit card

The new virtual Mastercard credit card enables consumers to make contactless payments online and instore globally.

Gold is about to hit its highest price in history – invest now

The unprecedented printing of money by governments is why it’s important now, more than ever, to hold inflationary hedges like gold in your investment portfolio, says Revix CEO Sean Sanders.

Lombard Insurance revolutionises cash flow reporting with Decision Inc.

Decision Inc. assisted South African insurer, Lombard Insurance, to overhaul a manual cash flow process with an automated one based on Workday Adaptive Planning.

SA’s top brands Vodacom, MTN see limited COVID-19 impact

While the country’s leading companies will report a combined drop of over R65 billion in brand value, the telcos have weathered the storm.

LG Premium service

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.

Cyber fraud-fighting fintech firm opens SA office

The New York-headquartered MyChargeBack expands to SA and appoints Absa dispute resolution veteran Dawn Minnaar as its country manager.

Sibahle Malinga

TymeBank, Discovery Bank see customer gains during lockdown

The digital banks report an upswing in on-boarding new customers, as more consumers look to branchless banking channels for their financial services.

Sibahle Malinga

Pick n Pay enables cash deposits at till points

With the new facility, customers from all South African banks will be able to deposit cash directly into their bank account at any Pick n Pay till point.

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

COVID-19 devastates Blue Label’s WiConnect

Due to the uncertainty of the COVID-19 pandemic, the JSE-listed group opted to close its retail division that operated inside Edcon stores.

Nedbank debuts R2bn renewable energy bond on JSE

This instrument, which is said to be the first of its kind in SA, is listed on the Green Bonds segment of the local bourse, says the bank.

Mineworkers Investment Company invests in local telco

Mining investment firm Mineworkers Investment Company concludes a 25.1% acquisition deal in South African telco DN Invest.

Sibahle Malinga

Telkom to put more money into fledging mobile business

The country’s smallest mobile operator will invest 16% to 19% of its revenue into its mobile business.

ProﬁtShare Partners

ProﬁtShare secures R100m from SA SME Fund

The funding will allow ProﬁtShare to partner with more small and medium businesses to provide much-needed capital to catalyse growth.