After years of toying with the idea of launching a mobile virtual network operator (MVNO) platform offering, MTN South Africa has finally pulled the trigger on it.
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Under the terms of the proposed transaction, existing airtime lenders will provide R4.25-billion in new super-senior debt secured by a significant portion of Cell C’s assets, excluding spectrum, according to sources.
Promoted | While the move hasn’t caught anyone by surprise, many companies are yet to decide whether to run S/4Hana in the cloud or on-premise, or to ditch SAP and switch to a different platform altogether.
Altron has won an appeal at the supreme court, overturning the high court’s earlier decision to set aside the awarding of a broadband contract by the City of Tshwane to Thobela Telecoms.
Africa’s mobile phone operators are ramping up plans to bring banking to millions of Africans, in some cases for the first time, after the coronavirus crisis caused a surge in use of digital financial services.
Absa’s separation from Barclays gave the banking group the chance to consider alternative solutions to fight financial crime. By Nic Swingler.
As of 1 January 2021, Nedbank clients will no longer be able to use cheques as a payment option. In an announcement on Tuesday, the bank said this is because few clients make use of the service.
Podcast | TechCentral’s Duncan McLeod interviews Absa Group CIO Wilhelm Krige about the mammoth project, now mostly completed, of separating the banking giant’s IT systems from former parent Barclays.
Credit bureau Experian said on Thursday that no consumer credit information or financial information was obtained by a suspected fraudster and that the incident has been “contained”.
Banking group Absa is transferring 32 members of its enterprise resource planning software team to Dimension Data.