Absa Group CEO Daniel Mminele has stepped down, the bank said on Tuesday, a shock departure just 15 months into his post that sent shares in one of Africa’s biggest lenders down as much as 5%.
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Absa Group said on Thursday that it is launching a skills incubator in partnership with Amazon Web Services to train employees in cloud computing skills.
Apple Pay has finally been launched in South Africa. Customers from Nedbank, Absa and Discovery Bank were on Tuesday morning able to load their bank cards into their Apple wallets.
Acting minister in the presidency Khumbudzo Ntshavheni has paid tribute to Peter Matlare for his contribution to the economic development of South Africa.
Promoted | Switzerland’s Frontify has partnered with local technology and service design outfit Praekelt Consulting to bring the former’s all-in-one brand management software to the South African market.
Teraco Data Environments has concluded its biggest fundraising round to date, securing R2.5-billion from Absa and other lenders that will be used to build a giant new data centre east of Johannesburg.
An Absa employee accused of leaking some of the bank’s South African customer data to third parties provided the information, which included credit card numbers, to several third parties in return for payment.
Absa has been hit by a data leak, which the banking group said on Monday evening was limited in nature, but which involved the “unlawful” leaking of client information by an employee.
The South African Reserve Bank has announced that cheques will not be supported by the country’s national payment system from 1 January.
The paint has barely dried on phase 1 of Teraco’s huge new expansion of its Isando data centre but the company is already embarking on its next big build: a massive, R4-billion facility north of OR Tambo International Airport.