South Africans are apparently so elated at the exit of Jacob Zuma as president that their confidence as consumers has made an unprecedented jump to an all-time high. The 34-point move in First National Bank’s index
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First National Bank is taking the fight for entry-level banking consumers to Capitec, with the launch of its new zero-monthly-fee transactional bank account aimed at the unbanked and underbanked. eWallet eXtra, due
First National Bank is having another go at attracting the unbanked and underbanked in South Africa, announcing on Wednesday the launch of a mobile bank account that allows consumers to use either a feature phone or
First National Bank’s deliberate move to aggressively shift transaction to its mobile app from other digital (and physical) channels is paying off handsomely. If recent trends are sustained – and there’s no indication that they
Standard Bank is building a mobile virtual network operator, according to well-placed industry sources. The bank has hired former Virgin Mobile South Africa CEO Steve Bailey to its executive team. Standard Bank is
Bank Zero appears set to accelerate the evolution of the South African banking industry by offering a fresh take on banking and highly competitive fees. The bank – the brainchild of tech entrepreneurs and banking innovators Michael
Former First National Bank CEO Michael Jordaan on Tuesday revealed in a tweet that he is backing a new digital-only bank, called Bank Zero, to be launched in South Africa later this year. In a post on Bank Zero’s newly launched
South African consumers are about to get their first taste of Chinese phone maker OnePlus’s line of smartphones. The company will launch its flagship OnePlus 5 device in South Africa next week. Distribution for the
BrandsEye, a company that mines social media to determine people’s view on topics from elections to companies, has found that Capitec is South Africa’s most loved bank among social media users. The annual
Dartcom Fibre Solutions has launched a new fibre factory near Mamelodi in Pretoria that, at peak, will produce about 12 000km of fibre-optic cabling a year. The company, which is controlled by New GX Capital, an investment group focused