Browsing: RMB

Vox Telecom, whose main shareholders last month decided against selling the company after considering offers from interested parties, now plans to build its own national fibre-optic broadband backbone

Vox Telecom has begun engagements with a number of local and international companies in a move that could eventually result in a sale of the independent telecommunications service provider. “This is more of an engagement process at this stage, rather than the sale the media is making it out to be

Business confidence dropped by four index points in the second quarter of this year, Rand Merchant Bank (RMB) and the Bureau for Economic Research at Stellenbosch University reported on Tuesday. They said the index decreased to 48. “Although just a small

The share price of JSE-listed technology group Gijima soared by more than 12% on Wednesday morning after it told shareholders it was in talks to dispose of its mining and consulting businesses, housed under the MineRP division, to a consortium led by RMB Private Equity subsidiary RMB Corvest

Absa says it is working on smartphone banking applications in the wake of the launch on Tuesday of its overhauled online banking platform. It says the new platform, which took two years to develop, is a necessary step to launching dedicated banking apps for mobile devices. Adrian Vermooten, Absa’s deputy managing

First National Bank this week lifted the lid on a new payment mechanism that uses the GPS feature in modern smartphones. It won’t result in the much-hyped cashless society, but it could greatly reduce South Africans’ reliance on cash over time. The new payment feature, which is included in an update to