FNB CEO hints at reconsidering crypto-currencies
One year after closing down crypto-currency-backed accounts, FNB CEO Jacques Celliers says the bank is open to embracing crypto assets like Bitcoin.
FNB snaps up record 6m digitally-active users
The bank’s customers have on average logged-in 29 times per month on the FNB app, increasing total average monthly logins by 41%.
South Africa among countries most sceptical about 5G
Many are still cynical about the next-generation tech, routinely searching online to query 5G’s safety and its connection to COVID-19, despite these concerns being debunked as fallacies.
US vows to fight artificial intelligence threats posed by China
The US government recommends instituting measures to ensure China doesn’t overtake America in the production of semiconductors that are essential in the development of AI.
Remote working boosts PC distributor Mustek
Revenue for the group continued the growth trajectory that started during the previous financial year due to surging demand sparked by remote working.
Huge Distribution takes over Panasonic business in SA
Pansmart, the previous distributor of Panasonic products in SA, has rebranded to Huge Distribution after the Japanese company exited the PBX market.
Local start-up Stitch raises R60m funding
The start-up company says this is the largest investment to date in a pure-play African fintech infrastructure firm.
Standard Bank joins distributed ledger tech network
The bank establishes Africa’s first Hedera network node, which is set to soothe some of the sore points that have historically beset cross-border trade.
Andile Ngcaba’s Convergence Partners buys Ctrack MEA ops
The specialist investment firm enters into an agreement with Nasdaq-listed Inseego to acquire 100% of Ctrack’s operations in Africa and the Middle East.
Huawei defies US restrictions in 5G push
The Chinese telecommunications giant makes significant gains in the 5G market, despite the continued US sanctions.
Top law firms gun for Uber in SA driver exploitation lawsuit
Mbuyisa Moleele Attorneys, assisted by Leigh Day, prepare a class-action lawsuit against Uber BV and Uber SA on behalf of South African Uber drivers.