A portion of downtown Johannesburg is being transformed into one of the most wired places in Africa thanks to the initiative of a group of tech-savvy property developers. The Maboneng Precinct is a short walk from banking group Absa’s head office and houses Arts on Main, the Mainchange, Main Street Life
Browsing: Absa
A harsh spotlight is shining on Michael Hulley, Jacob Zuma’s personal lawyer and presidential legal adviser, who was responsible for the legal integrity of a social grants megatender that has turned out to be a mess. The SA Social Security Agency appointed Hulley in July last year as a “strategic adviser … to ensure
The process of awarding a R10bn contract by the SA Social Security Agency (Sassa) to JSE- and Nasdaq-listed Net1 UEPS Technologies earlier this year was “illegal and invalid”, a high court judge has ruled. Judge Elias Matojane found that
Nedbank has finally launched its mobile banking application, although only on Android-powered smartphones for now. The app, known as the Nedbank App Suite, has been available to the bank’s staff since the end of June and can now be downloaded from Google’s Play Store. The Nedbank App Suite includes online
Having read that Absa would not be making an official banking application available until the end of the year or early in 2013, Johannesburg-based developer and entrepreneur Tyler Reed, frustrated at the time it is taking the bank to develop the app, has opted to make his own. Essentially a “wrapper” for Absa’s
Moneysmart, the free personal financial management tool that was launched in beta last year, has been revamped and will be launched commercially in the next few days, promising an improved experience, automatic integration with all but one of SA’s major banks and forthcoming native applications for iOS and Android. The website
SA consumers have all but abandoned the chequebook as a means of payment, with corporate use declining severely in recent years, as technology takes over. Apart from the obvious security problems with cheques, the lower cost and added convenience of electronic channels mean chequebooks could soon join audio
A fresh row may be brewing over banking clients sharing their Internet banking details with online personal financial management (PFM) sites after Nedbank on Thursday announced it was launching its own PFM product in which it will allow
“Steve” from “Beep Bank” has become something of a meme among SA consumers. The First National Bank advertisements, which poke fun at the company’s rivals, imploring consumers to switch banks, have become the subject of everyday conversation, with people regularly wondering aloud which bank “Steve” really works for
Six men appeared in the Pretoria specialised commercial crime court on Monday in connection with credit card fraud involving millions, the Hawks said. The men, two South Africans, two Nigerians, one Burundian and a Democratic Republic of Congo citizen, would remain in custody until their next court