For the last few years, Barclays’ annual research reports about the music industry reflected the challenges of a business in transition — or, more specifically, one that had slowed a rapid decline but had not returned to growth. In 2014, as track sales fell, the
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Absa customers will no longer have to ensure that they have an active data bundle to transact via the online application, the bank has announced. The Barclays-owned group said that it had concluded deals with network operators to offer
The new accelerator programme for financial technology start-ups backed by Barclays Africa and US accelerator Techstars has announced the names of 10 companies that have been selected to take part. More than 400 applications had been received
The disruption of the banking industry by technology has convinced Barclays to establish its accelerator in Cape Town. The bank on Thursday launched its Barclays Rise programme at
Fast-growing independent data centre operator Teraco Data Environments has increased the size of its medium-term funding facility to R400m. The additional funding has been secured from Barclays Africa
Big companies are splashing unprecedented amounts of cash into e-retail in South Africa, with the likes of online merchandiser Takealot.com recently raising R1bn of investment for expansion in the country and sub-Saharan Africa, and Naspers ploughing R5,6bn into e-commerce around the globe
RainFin, a start-up promising to disrupt the financial services sector by allowing credit-worthy South Africans to engage in person-to-person lending, cutting out the banks in the process, has sold 49% of its equity to … a bank. The Cape Town-based company has sold the equity to Barclays Africa for an
Telkom has appointed Ian Russell as chief procurement officer with effect from 1 February 2014, the telecommunications group said in a statement on Thursday. “This appointment takes us a step closer to completing the renewal of the top leadership team,” said group CEO Sipho
Banking giant Absa is at an advanced stage of planning to deploy free public Wi-Fi to all of its approximately 800 branches across South Africa. The bank will also work with parent Barclays to extend the network to its branches across the rest of Africa. The idea is to encourage
Absa denied rumours on Thursday that it is planning mass retrenchments to cut costs. Employees affected by its restructuring process, were being given the opportunity to apply for positions across the group, it said. It was responding after Solidarity challenged Absa CEO Maria Ramos to confirm or deny rumours