Nedbank is the latest non-telecoms brand to enter the mobile market, launching an MVNO with aggressive pricing.
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With one notable exception, IT spend in South Africa’s banking sector has remained relatively stable.
iKhokha co-founder and CEO Matt Putman is our guest in this episode of the TechCentral Show.
Nedbank has acquired Durban-based payments fintech iKhokha for R1.65-billion in an all-cash deal.
When Nedbank realised early last year that its mammoth core banking overhaul and modernisation programme was going awry, it turned to Marijke Guest for help.
The geyser, which uses a “nano” heat pump, consumes just 0.6kW of electricity but costs nearly R25 000.
Tokenised bank cards are expected to take over, but several factors may keep physical plastic alive for a while yet.
Nedbank and Norway’s Norfund are acquiring a “substantial minority” stake in South Africa’s Pele Energy.
South Africa’s economy is set to forge an upward path this year after misfiring for more than a decade.
BankservAfrica’s latest update to real-time payments platform PayShap is designed to drive uptake of the service.