Browsing: Herman Singh

Herman Singh said to be leaving MTN

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.

Banking apps boom as usage skyrockets

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, MMI in micro insurance tie-up

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

MTN, Amadeus in R650m Travelstart deal

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

MTN, Telefónica in global tie-up

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

Vodacom’s Herman Singh to join MTN

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

Land grab begins in mobile payments

There’s a revolution under way, and this one’s not being agitated by the working class, although they certainly have their part to play. It is being waged by banks, cellphone providers and entrepreneurs hoping to capitalise on a mobile commercial market that is estimated will be worth more than US$800bn by 2016 and have more than 400m users

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