Outgoing CEO Herman Kotzé will remain a consultant for the company until the end of May next year.
The Middle East operations, which contribute less than other regions to the group, will be offloaded and it will push more resources to its African portfolio.
Cyber criminals continue to target South African businesses, with increasing cases in the healthcare and financial services industries a cause for concern.
ITWeb's Security Summit, taking place from 25 to 28 August as a virtual event, will have a strong focus on cyber security in the financial services sector.
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.
Given the current economic challenges, there is a renewed and intense focus on targeting supply chain efficiency to find a balance between cost savings and service delivery.
The financial institutions have introduced several digital insurance products amid the lockdown and pressure from start-ups.
The telco notifies its noteholders that it has defaulted on the payment of capital on its $184 million note which was due on 2 August.
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 organisations want to help support SA’s tech start-up ecosystem and develop innovative solutions for the financial services industry
The future of the Bitcoin economy depends on moving away from toxic speculative activity and building trust, say Paxful’s co-founders.
Online bond aggregator MortgageMe partners with Hippo.co.za to provide home loan comparison services on Hippo’s Web site.
The company wants to clear its name with the Special Investigating Unit as well as the South African Revenue Service, says group CEO Stephen van Coller.
The instant trading capabilities speed up the process of buying and selling crypto-currencies and automatic completion of trades for buyers.