The company will pay a record amount for allegedly illegally collecting personal information from children without their parents’ consent.
The company’s shareholders decide to stop the corporate action process and rather accelerate growth based on market potential.
Three black-owned fintech start-ups – Zande, Bright On and Livestock Wealth – receive a multimillion-rand cash injection from investment vehicle AlphaCode.
The finance union says it supports digitalisation in the sector but banks must assist employees with the transition.
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.
Logicalis purchases a 70% interest in Cilnet, a Cisco systems integrator; and acquires Orange Networks, a Microsoft services business.
The 10 participants in the Grindstone Accelerator grew revenue by 36%, collectively adding R35 million to their top line.
Entrepreneurs Thandile Jwambi and Nicolas Kutumane chronicle the details leading to the IP theft standoff with the big four bank.
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
Sun Exchange unveils a R7 million Uprise.Africa campaign for approximately 5.2% equity stake in the company.
With an undeniable global trend towards digital transformation programmes, banking is undergoing a major software metamorphosis, says Matthew Barnard, executive head of banking at BBD.
Business intelligence empowers smart people to make constantly better decisions, faster and more effectively, says Turrito Networks.
Sipho Maseko slams National Treasury’s view in the country’s telecoms sector as ‘incoherent, ill-thought-out and chaotic’.
Standard Bank on Friday experienced major technical glitches that affected many of its clients but it said the problem has now been resolved.