South African business confidence has plunged due to the impact of the coronavirus pandemic, with companies even more pessimistic now than at the height of disinvestment during apartheid.
Shareholders in telecommunications company Vox, including Rand Merchant Bank, have agreed to buy out fellow investor Investec as part of a R2-billion recapitalisation of the company.
Promoted | RMB recognises that to facilitate funding to its various clients requires a detailed understanding and mitigation of the risk in the technology sector and close collaboration among its product experts.
Vox Telecom shareholders are looking to sell the South African network provider for about R3-billion to take advantage of consolidation in the industry, according to two people familiar with the matter. Owners including
In this episode of TechCentral, we bring you a wide-ranging and fascinating discussion with cryptocurrency expert Farzam Ehsani, the blockchain lead at Rand Merchant Bank and chairman of the South African Financial Blockchain Consortium
South Africa’s state-owned power utility may ask the nation’s energy regulator for permission to raise prices more than allowed so it can recoup more than R40bn of non-budgeted expenses incurred over two years, an analyst at Rand Merchant Bank said.
Blockchain technology could swallow as much as 40% of global banking revenue by overtaking the verification of payment transactions, according to Farzam Ehsani, leader of Rand Merchant Bank’s blockchain initiative, who believes that in the future we
The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech
Vox Telecom is acquiring Internet services company Frogfoot Networks as part of its plan to build its own fibre-optic network to serve business clients in South Africa. “The acquisition will see Vox Telecom fast-tracking its own fibre strategy by leveraging the
First National Bank’s eBucks rewards programme has given back R5bn to clients in the past 15 years, the banking group said on Tuesday. The bank’s CEO, Jacques Celliers, said eBucks had proved successful because of the way it integrated technology and analytics to reward