Christo Davel, the co-founder of the 22seven personal financial management platform acquired by Old Mutual in 2013, is joining Direct Transact as chief commercial officer.
Eskom’s severe rolling blackouts last month had a significantly negative impact on South Africa’s economy, according to new data from BankservAfrica.
Investec has demonstrated a digital identity system anchored in the ethereum blockchain that its believes could enhance trust and security in South Africa’s financial system.
Entities involved in South Africa’s national payment system, including BankservAfrica and the Payments Association of South Africa, have begun work on a major architectural and technical overhaul to facilitate
Consumers are struggling to pay monthly expenses and long-running strikes are undermining the foundations of the economy, BankservAfrica’s Economic Transaction Index has found. “With strikes, floods, and power constraints being the order of the day it