Absa Group on Monday said CEO Arrie Rautenbach will take early retirement from the company.
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Cloud migration projects are making way in South African banks’ IT budgets for AI and cybersecurity.
The appetite for investing in alternative power solutions showed decline in the second quarter.
MTN, Vodacom and Standard Bank are the most valuable brands in South Africa, according to Brand Finance.
Banking group Absa said the time is ripe for African fintech firms to consider public listings at home.
Absa has launched ChatWallet in WhatsApp, giving users access to banking services directly in the messaging app.
New customer sentiment data about the South African banking sector has yielded intriguing insights.
Black Friday spending this year was muted, experts have said. E-commerce, however, still saw good growth.
A PepsiCo fund has acquired a stake in agri-tech start-up Khula to help underpin the company’s expansion plans.
IT spending by South Africa’s big banks is in the billions of rand each annually, and growing fast.