Telkom has appointed Jacques Schindehutte, until recently group financial director at Absa, as its new chief financial officer, replacing Peter Nelson, who resigned last year. He will take up the post on 1 August. Schindehutte, who helped oversee
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Walmart has hit the ground running following its purchase of a controlling stake in SA retail giant Massmart. Sunday newspapers carried glossy Walmart-Massmart advertisements promising discounted prices to consumers and sending a
SA big four bank Absa says its website downtime between 10pm and 12:30 am on Thursday night was scheduled. Customers that tried to log on last night were met with the default installation
Absa forked out R600m more on IT in its 2010 financial year than it did in 2009. The money was spent replacing old IT systems and aligning itself with international banking regulations
Vodacom expects to sign up 10m M-Pesa mobile money users within three years. The telecommunications operator’s director in charge of the product’s launch, Romeo Kumalo, revealed the ambitious target during the product’s launch in Midrand, north of Johannesburg, on Tuesday.
SA is getting a new fixed-line telecommunications network operator, TechCentral can report exclusively. The company, called Metrofibre Networx, enjoys the backing of several heavy hitters, including former Absa CEO Steve Booysen and Dark Fibre Africa co-founder Malcolm Kirby. Metrofibre Networx, which is led by Kirby, will focus almost exclusively on delivering high-speed fibre connectivity to businesses
Banking group Absa has expanded its relationship with global money transfer service provider Western Union, allowing its Internet and cellphone…