South Africa’s banks are going on the offensive after being criticised by some politicians over their lending practices and records in addressing racial inequality. Attacks on the lenders have been led by President Jacob Zuma, who’s accused them
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Have we seen the peak of Internet banking in South Africa? Although the banks are tight-lipped about their usage numbers, I suspect that the number of customers using a desktop computer to do their banking
President Jacob Zuma said the dominance of the country’s four major banks must end and access to the economy for the black majority improved. “There’s a skewed kind of economic control,” Zuma said on Friday. “We actually frustrate our
What if everything you ordered on the Internet was delivered to your door in less than 60 minutes? That’s what a new start-up, Zulzi, is promising. Donald Valoyi, its founder and CEO, has big ambitions to
MTN South Africa is set to help launch consumer brands as mobile virtual network operators (MVNOs), according to the company’s CEO. The brands include “household names”, MTN South Africa
The amount of time the average First National Bank customer spends in a branch will fall to 86 minutes in 2016, from 100 minutes in 2015, a decline of 14% year on year, FNB Business chief information officer Peter Alkema said
First National Bank has continued its push to get more of its customers using its app as their primary channel for transacting, payments and banking. In previous years, it slowly dangled the proverbial carrot to incentivise
First National Bank customers on Tuesday morning complained that they couldn’t access the company’s online banking facilities, or its transactional banking application. Chief information officer Mo Hassem confirmed the outage
This week’s episode of TalkCentral was recorded at the action-packed rAge electronic entertainment exhibition at the Northgate Dome in Johannesburg. Your hosts, Duncan McLeod and Regardt van der Berg, chat about all the
First National Bank has debuted a new version of its transactional banking application that allows users to make payments simply by tapping their smartphones at a contactless point of sale. The new functionality