Telkom is establishing a technology committee at board level, which will be headed by director Herman Singh.
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Telkom has made several new appointments to various board committees following the announcement of the retirement of directors Santie Botha and Khanyisile Kweyama.
Santie Botha and Khanyisile Kweyama are stepping down from the board of Telkom, while Alphonzo Samuels will join the board along with Herman Singh.
Four more directors have quit the board of 4Sight Holdings, though the latest shake-up, which includes the appointment of seven new directors, may finally bring some stability to the troubled company.
The group’s chief innovation officer, Herman Singh, is expected to leave to start his own tech venture, sources said, following chief technology officer Babak Fouladi out the door.
South African banks are reporting phenomenal growth in the use of banking apps despite the country’s finite banked population, stagnant levels of smartphone penetration and relatively low levels of financial literacy.
MTN Group and financial services provider MMI Holdings have announced they’re creating a new joint venture, branded aYo, to deliver micro insurance solutions across Africa. Insurance penetration is low
South African mobile group MTN and technology investment firm Amadeus Capital have announced plans to invest US$40m (about R650m) in Travelstart, an online travel agency focused on Africa. Travelstart, which was founded in Sweden in 1999, has built
South African-headquartered telecommunications group MTN has announced it is joining forces with Spain’s Telefónica Group, one of the world’s biggest telecoms operators, to focus on growth areas such as enterprise business and machine-to-machine communications
Big changes are sweeping through the management corridors at MTN Group, with a former top Vodacom managing executive, digital financial services expert Herman Singh, set to take the leading