Author: Staff Reporter

Absa has appointed long-serving executive Arrie Rautenbach as its new CEO, replacing Daniel Mminele, who resigned last year after clashing with the banking group’s board.

Netflix has told the South African Investment Conference that it plans to invest R900-million in local content production over the next two years.

The South African Reserve Bank and its counterparts in Australia, Malaysia and Singapore have developed an experimental platform for settling multiple central bank digital currencies.

Following the cyberattack on credit bureau TransUnion, banking risk centre Sabric has said it is working with banks to protect consumers.

One of South Africa’s largest credit bureaus, TransUnion, has been hacked. The attackers are seeking an extortion, the company said.

Luno has established an investment arm, called Luno Expeditions, that it plans to use to invest in fintech, cryptocurrency and Web3 start-ups.

Icasa has wrapped up the long-awaited spectrum auction. This is the full, unedited statement issued by the regulator following the conclusion of the process on Thursday.

The JSE had a spectacular trading session on Wednesday after Tencent Holdings’ shares leapt more than 23% in Asian trading.

Investec is open an application programming interface to allow clients access to banking and transactional data and to craft individualised services.

Huawei South Africa has reached an out of court settlement with the department of employment & labour, which accused it of failing to comply with local hiring quotas.