First National Bank says it plans to close more than 20 outlets amid the growing adoption of digital banking channels. The bank came to the decision after it launched a review of branch related functions. The bank found that, during the expansion of
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All the latest technology news from South Africa and around the world.
South African and Italian researchers published a research paper on Tuesday demonstrating a new type of laser that is able to produce laser beams “with a twist” as its output, opening the way for novel new lasers for use in optical communication, laser machining and
Vodacom South Africa is considering various options for its sluggish mobile money transfer service, M-Pesa. M-Pesa allows customers – particularly unbanked users – to transfer money
MTN South Africa has appointed its chief marketing officer Larry Annetts to the newly created position of chief consumer officer. The move is meant to help MTN improve service quality and provide customers with a “distinct experience”, the
In what is being seen as a significant development for the digital audio broadcasting industry, LG Electronics has unveiled the world’s first smartphone that supports the DAB+ standard. Industry players hope the move by the Korean consumer electronics giant will
Nigeria’s telecommunications regulator has lifted its suspension of services to MTN, the mobile network said on Tuesday. The Nigerian Communications Commission (NCC) suspended regulatory services to MTN last year
Metrofibre Networx, the fibre broadband company led by former Absa CEO Steve Booysen, has secured a new shareholder in the form of African Rainbow Capital (ARC), whose directors include billionaire Patrice Motsepe and former Sanlam CEO Johan van Zyl
First National Bank intends to axe 600 employee positions and close 40 retail branches as its customers shift to digital banking, according to a report. Bloomberg reported on Monday afternoon that the weak economy had also contributed to the cost-cutting
Technology group Altron expects to report a 90c/share headline loss in the year ended 29 February 2016, a deterioration from the loss of 3c/share reported a year ago, it warned shareholders after markets closed in Johannesburg on Monday. This compares to a headline
The chairman of the South African Post Office has hit back at parliament’s standing committee on public accounts (Scopa) for questioning his commitment to the state-owned entity. Simosezwe Lushaba was lambasted by Scopa for failing to attend the committee’s