The bank ramps up its use of technologies as consumers opt for digital channels during the nation-wide lockdown.
The firm invests an undisclosed amount in start-up truID through its ventures investment arm, Crossfin Ventures.
The e-hailing company’s new payment service aims to promote contactless transactions during the coronavirus period and beyond.
The pay-TV operator’s financial highlights include 38% growth in core headline earnings to R2.5 billion, with consolidated free cash flow hitting R5.2 billion.
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.
Local insurtech firms Simply Financial Services, Pineapple and Naked witness strong sales growth during SA’s lockdown period.
The companies join forces to offer a QR code revenue collection service for SMEs, schools and non-profit organisations.
The city identifies business process outsourcing as a priority sector due to the job opportunities and investment potential it creates.
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 more extreme the situation, the more likely it is to fast-track new developments, says Craig Duggan, commercial head at Transaction Junction.
Some SMMEs cite technical glitches, rejection and government’s non-responsiveness among the reasons their funding applications were unsuccessful.
ARCH’s Africa Renewable Power Fund has invested $3 million in SA’s blockchain-based solar start-up Sun Exchange.
The technology services firm says the plan to reduce its debt is on track and it has paid the R540 million it agreed with lenders, well ahead of the deadline.
A national reading campaign for children gets Pastel in the cloud, powered by Netsurit and Windows Virtual Desktop.