Total IT spend at FirstRand for the financial year ended 30 June 2024 reached R19.3-billion, up 8% from 2023’s figure.
Browsing: FirstRand
First National Bank has appointed La-Cell Mouton as its chief information officer.
Private equity shareholders of Primedia are considering strategic options for their stakes in the broadcasting group.
Cloud migration projects are making way in South African banks’ IT budgets for AI and cybersecurity.
FNB’s Christoph Nieuwoudt is a leading expert on artificial intelligence. He joins Duncan McLeod on TCS+.
President Cyril Ramaphosa met with business leaders as concern over South Africa’s multiple crises grows.
Banks say they have to keep funding at least some coal projects for now because an immediate halt would cause upheaval.
FirstRand will end funding for new coal-fired power stations and coal mines and has lowered the cap on its coal exposure as part of moves to reach net-zero emissions by 2050, it said on Wednesday.
Some of South Africa’s largest companies were forced to halt operations as violence erupted in parts of the country, with rioters torching trucks and looting stores.
The rationale for introducing new players in the South African banking industry appear to be based, for the most part, on the wrong notions. By Rabelani Dagada.