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2:30

Motsepe Foundation unveils R28m global innovation programme

Judges will select up to 25 teams to each receive $10 000 to develop small-scale prototypes over the ensuing six months.

4:10
Mar 16, 2021

David Pfaff assumes dual role in Motsepe’s Tyme group

As new CFO of Tyme, David Pfaff is set to drive the group’s new consumer credit agenda, while also devoting his time to its Asia growth plans.

4:00
Jan 25, 2021

Bank Zero’s public launch hits snag amid COVID-19 interruptions

The digital-only newcomer delays its public launch and opts to run a “closed rollout” as a risk mitigation measure, amid the COVID-19 upheaval.

2:40
Dec 17, 2020

Patrice Motesepe’s TymeBank, Rain face COVID-19 hiccups

While Rain experienced faced certain ‘customer service challenges’ during the period, TymeBabk is tracking slightly behind its projections to attract clients.

3:50
Sep 15, 2020

TymeBank gets R750m lifeline as COVID-19 disrupts plans

African Rainbow Capital injected R750 million in TymeBank in the last financial year ended June, a tough period for the relatively new digital bank.

3:20
Jul 28, 2020

TymeBank reaches new high, adds fast mode of transaction

The new kid on the banking block now has two million customers − a target reached five months ahead of the bank’s plans.

3:00
Jun 17, 2020

Motsepe’s TymeBank gets Forbes recognition

The 18-month-old South African digital bank is rated second best in the country on the Forbes list of the world’s best banks.

2:30
Jun 15, 2020

Discovery Bank adds new customers despite COVID-19 setback

The bank says overall credit utilisation declined during the lockdown and arrears, including non-performing loans, are still within expectation.

4:00
Jun 9, 2020

Patrice Motsepe-backed fund invests R50.5m in solar start-up

ARCH’s Africa Renewable Power Fund has invested $3 million in SA’s blockchain-based solar start-up Sun Exchange.

2:30
Apr 29, 2020

Motsepe’s TymeBank adds finance heavyweight to its board

The digital bank announces the appointment of Karabo Morule as its new independent non-executive director.

4:20
Mar 19, 2020

TymeBank signs up 4 000 new customers per day

The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts

2:10
Feb 20, 2020

Discovery Bank disburses over R1bn in credit

The bank’s half-year results show total credit card spend was R2.6 billion and total credit limits granted sat at R2.5 billion.

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