South Africa’s results were boosted by improved prepaid performance and price adjustments that delivered greater value to customers, says the firm.
South African venture capital fund managers committed over R3 billion to early-stage investments in 2023, says SAVCA.
The local fintech acquires customer software development firm Operativa for an undisclosed amount, as it looks to expand across Africa.
Inadequate controls at the National Student Financial Aid Scheme resulted in irregular payments, says the Special Investigating Unit.
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.
Attempts to prescribe termination rates for international calls will limit the negotiating power of local operators, says the telco.
The company appoints Ashona Kooblall as executive director and group chief financial officer, with effect from 22 July.
The bank says its tech team has worked quickly to resolve the problem and all banking has now been fully restored.
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 fintech firm plans to expand its crypto offerings after being awarded a Crypto Asset Service Provider licence by FSCA.
Government is working to open the door to renewable energy, to strengthen the grid and create employment, says Cyril Ramaphosa.
The Joint Standard on Cybersecurity and Cyber Resilience Requirements mandates that financial institutions must achieve compliance by 1 June 2025.
With this purchase, Samsung believes it will secure advanced core engines for personal knowledge graphs.
The COVID-19 pandemic accelerated the adoption of technology and digital services, leading to a surge in the performance of tech-related stocks.