Capitec and Discovery Bank have become the latest to offer access to PayShap, BankservAfrica’s rapid payments platform.
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The SIU has filed for leave to appeal a court judgment in favour of Telkom over a probe ordered by President Cyril Ramaphosa.
MTN Group has signed an initial agreement with global payments giant Mastercard to sell a minority stake in its fintech arm.
South Africans are increasingly turning to WhatsApp for calling as the mobile operators struggle with load shedding.
Founders Factory Africa has secured $113-million in additional funding to assist tech start-up founders across Africa.
MTN South Africa will soon cough up the money still owing to the communications regulator from last year’s spectrum auction.
MTN shares jumped 10% in early trading on Monday after it said its fintech business had been valued at $5.2-billion.
MTN South Africa is weathering the impact of Eskom’s load shedding, but at a cost to its profit margins.
There has been a “considerable improvement” in Eskom generation, electricity minister Kgosientsho Ramokgopa has claimed.
South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts.