Standard Bank Group expects to close 91 branches across South Africa, most by the end of June, in a move that may affect about 1 200 employees.
Technology group Altron said on Thursday that is has appointed Cedric Miller as its new chief financial officer. He will join the group on 1 May.
MTN South Africa was keen to take on Standard Bank’s mobile virtual network operator business, which went to rival Cell C, and is open to other such opportunities – provided they make commercial sense.
In the TalkCentral podcast this week, hosts Duncan McLeod and Regardt van der Berg talk about President Cyril Ramaphosa’s decision to reintegrate the departments of communications and telecommunications & postal services.
Standard Bank has taken the wraps off Standard Bank Mobile, its new virtual mobile network operator, which will piggyback off the Cell C network.
While Vodacom and MTN appear to be allergic to mobile virtual network operators, Cell C is proving it’s possible to build a significant business from them.
Standard Bank and AVI have announced they will list on new South African stock exchange A2X.
Mobile virtual network operators that piggyback on Cell C’s network will also get to take advantage of the cellular provider’s 4G/LTE roaming agreement with MTN South Africa.
In the TalkCentral podcast this week, Vodacom and Rain’s roaming deal, Standard Bank’s MVNO, the Internet Service Providers’ Association’s demands, Huawei’s Mate 20 Pro and Adobe Creative Cloud 2019.
Standard Bank has finally confirmed one of the telecommunications industry’s worst-kept secrets: it will launch a mobile virtual network operator (MVNO), becoming the second major bank in South Africa to do so.