The World Bank’s International Finance Corp said it’s pressing Net1 UEPS Technologies to complete an assessment of its lending practices this year as human rights organisations allege that the

The news that South Africa’s sovereign rating has been downgraded caught many by surprise. But it was long coming. The main reason for the rating agency’s decision is clearly concerns about political leadership

Facebook’s WhatsApp is getting into digital payments in India, a first for a global messaging service that’s only just begun to explore ways to generate revenue. It’s chosen to kick off that maiden effort in India, a market

There is no innovation more emblematic of the early 21st century than the smartphone. Putting a handheld computer combined with a video camera, permanently connected to the Internet, in the pockets of billions of people

The head of national treasury, Lungisa Fuzile, has asked to leave his post at the end of this month, a year before his contract runs out, according to three people with knowledge of the matter. Fuzile, 51, informed

Vodacom has announced new price plans across its Red and Smart contract tariff plans. The operator said the plans will “give customers more value with increased data and voice allocations”. Red plans are aimed at the

President Jacob Zuma’s shock decision to fire his finance minister and stack his cabinet with loyalists may have seemed like good politics, but it’s led to an immediate downgrade of the nation’s