New shareholders have taken up shares in Frogfoot, Vox and Hypa in a transaction valuing the businesses at R14.4-billion.
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Comsol has secured billions of rand in funding to deploy the Woan the government never could.
South Africans have already gone digital at the till. Visa is betting their employers are next.
Business confidence “will need steady policy progress and consistent demand to take root and grow”, RMB said.
FNB has entered into a partnership with fintech start-up VezoPay, the company behind South Africa’s first smart payment ring.
With one notable exception, IT spend in South Africa’s banking sector has remained relatively stable.
South Africa is on the cusp of starting a traded electricity market that will give consumers a choice of power products.
The balance between growth and risk management will dictate the sector’s trajectory in the coming years.
The collaboration provides RMB Private Banking clients with access to FNB Connect’s data and device solutions.
Total IT spend at FirstRand for the financial year ended 30 June 2024 reached R19.3-billion, up 8% from 2023’s figure.