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Attila Vitai, the newly appointed MD of Telkom’s mobile division, has arguably one of the toughest jobs in South Africa’s telecommunications industry. It’s his task to turn the country’s fourth mobile entrant into a viable and, eventually, a profitable enterprise in what has become a highly competitive

MTN and Pick n Pay are poised to launch a mobile bank. Called Tyme, which stands for “take your money everywhere”, the venture will piggyback on the banking licence held by Bank of Athens. Tyme hopes to make mobile money transfers and mobile banking commonplace in South Africa, where consumers