First National Bank’s mobile virtual network operator business, FNB Connect, has hit a subscriber milestone. The financial services group said on Monday that it now has 100 000 active Sims on its network, five months after launch. FNB Connect CEO Ravesh Ramlakan
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Imagine going online to order an identity document, paying by electronic funds transfer, then popping into the bank at your local mall to collect it? This is what the department of
Former First National Bank CEO Michael Jordaan has announced an investment in local online wine retailer Port2Port. Jordaan has invested an undisclosed amount in the startup. He tweeted the announcement through Montegray Capital, which is his startup investment vehicle
South African consumer confidence is on par with the lowest reading recorded during the 2008/2009 recession, according to the FNB/BER Consumer Confidence Index (CCI) on Thursday. Having plunged from -4 index points in the first quarter of 2015 to a 14-and-a-half-year
Government, with the help of banks, plans to replace 38m green ID books with smart ID cards within five years. This is according to home affairs minister Malusi Gigaba, who on Wednesday announced new pilot phases for South Africa’s proposed smart ID card project
Mobile virtual network operator (MVNO) me&you mobile has performed well in Tariffic’s latest quarterly “perfect package tracker”, offering the best packages in three of five user categories modelled by the company. Tariffic’s latest quarterly tracker
WeThinkCode, the new, not-for-profit and entrepreneur-led initiative to develop programming skills in South Africa, has revealed its first corporate backers. They are financial services group First National Bank, Durban-based development house Derivco and Johannesburg-based
FNB said on Tuesday it will invest about R400m to upgrade existing and add new branches. The bank also plans to bulk up its self-service and digital banking transacting points, the bank said in a
Capitec came out tops for its social media performance among South Africa’s banks, according to the 2014/2015 Ubiquity Social Intelligence Report released on Wednesday. Capitec was also the only bank to receive a net positive opinion on social media
In the latest episode of South Africa’s leading technology podcast, your hosts Duncan McLeod and Regardt van der Berg chat about First National Bank’s long-awaited launch into mobile telecommunications as a virtual network operator. They look at