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
Browsing: RMB
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
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