From free burgers and ride-hailing services to hip-hop concerts and discounted petrol: South African banks are going all out to win customers as competition hots up.
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The decision by Standard Bank to close 91 branches and cut 1 200 jobs is not at all surprising – the only surprises were that the bank announced it publicly and that it did so before elections in May.
Standard Bank Group said on Wednesday that it has selected Amazon Web Services as its preferred cloud provider as it shifts various production workloads, including its customer-facing platforms, to the cloud.
In this episode of the podcast, TechCentral speaks to Standard Bank Group CIO Alpheus Mangale about its big announcement on Wednesday that it has selected Amazon Web Services as its preferred cloud provider.
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.