First National Bank’s tech-savvy CEO, Michael Jordaan, has been appointed chairman of the board of mobile messaging company Mxit. The appointment is effective immediately and, although Jordaan won’t be getting paid in the position and won’t be taking a stake in the company at first, he has the
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First National Bank has increased the number of South African accounts by 8%, or 542 000, in the year to the end of June, underpinning total account growth of 1,1m. Number of transactions processed climbed by 13%, with fees and commissions up by 14%
First National Bank is rolling out a new range of ATMs called Slimline that it says are capable of delivering digital banking in retailer environments at remote locations where the volume of business does not support a conventional ATM. FNB Slimline has a large touch screen
The cost of banking has remained unchanged in the past year, according to research by trade union Solidarity released on Tuesday. “Monthly bank costs have started to stagnate at an R80 to R100 level,” senior researcher Paul Joubert said at a presentation in Pretoria. “Bank fees are a lot better
First National Bank plans to launch its first uncapped fixed-line broadband data plans later this week, offering discounts of up to 100% on monthly subscription fees to qualifying customers. The bank said in a statement on Monday that qualified personal cheque account holders and private client customers can receive
In this episode of TalkCentral, your hosts Duncan McLeod and Craig Wilson dive into the big technology stories of the past week. And the story that dominated the news this week, of course, was the sacking of communications minister Dina Pule. We look at the new minister, Yunus Carrim, and
First National Bank has given its online banking portal an overhaul. The new site is more minimalist and allows clients to use the full, online service on smartphones and tablet computers, in addition to laptops and desktops. The new website will be available to consumers on Sunday
Mark Shuttleworth certainly isn’t afraid of taking the proverbial bull by the horns. After selling his South African Internet security business Thawte for US$575m at the height of the dot-com bubble, spending $20m and a year in training to become the first South African in space, and launching an operating system
The ANC in Gauteng has called on its members to boycott mobile operator MTN after the Democratic Alliance began running an election campaign printed on 2,5m of the operator’s prepaid airtime vouchers. The Sowetan newspaper reported on Tuesday that the DA bought advertising space on MTN vouchers to be sold in spaza shops
In this week’s episode of TalkCentral, your regular hosts Duncan McLeod and Craig Wilson delve into the news, which TechCentral broke on Friday, that MultiChoice and SuperSport could be facing a probe soon by the competition authorities after On Digital Media, owner of TopTV, lodged a complaint against the companies