First National Bank has debuted a new version of its transactional banking application that allows users to make payments simply by tapping their smartphones at a contactless point of sale. The new functionality
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JSE-listed Blue Label Telecoms, through its subsidiary The Prepaid Company, has announced it will acquire 45% of Cell C for R5,5bn. It had previously said it intended buying 35% of the mobile operator for R4bn as part
The SABC board must go, members of parliament resolved on Wednesday. After lengthy deliberations all political parties who are members of the portfolio committee on communications agreed that the remaining board members should
Financial woes continue to weigh on the South African Post Office as it has recorded a R1,1bn final loss for the year ended 31 March 2016. The state-owned company has published its financial results
The SABC board on Wednesday said that none of the allegations made against former chief operating officer Hlaudi Motsoeneng are…
MTN Group returned to the Eurobond market for the first time since 2014 as Africa’s biggest wireless carrier by sales seeks funds for investment. The mobile phone company is offering a five-year note at
Controversial former SABC chief operating officer Hlaudi Motsoeneng was swamped by ANC supporters who hugged him and shook his hand when he arrived at parliament on Wednesday. As soon he got out of his car, supporters rushed towards
Naspers’s video-on-demand service, ShowMax, has gone live in Kenya, with the company introducing a new, lower-priced tier, called ShowMax Select, in the East African nation that costs US$3/month (about R45/month). ShowMax Premium, priced at
FibreCo Telecommunications founding CEO Arif Hussain has resigned to “pursue personal interests”. Simon Harvey has been named interim CEO. Hussain has led FibreCo, which is building and operating
First National Bank is pulling the plug on its Connect VoIP voice-over-Internet protocol product, effective 13 November 2016. In a note to customers, FNB said it has made the decision