Former Vodacom and Vodafone executive Rob Shuter has been named as the new president and CEO of telecommunications group MTN after an extensive search. Shuter, who is a previous chief financial officer at Vodacom
Browsing: Standard Bank
South African regulators are seeking details from India’s Bank of Baroda of accounts belonging to businesses owned by the Gupta family, intensifying scrutiny of the friends of President Jacob Zuma, according to a person close to the
System maintenance will once again necessitate downtime at Standard Bank this weekend. “Standard Bank wishes to advise customers of routine system maintenance due to take place on Sunday, 12 June 2016. This will affect
In the wake of Vodacom’s decision to close down its M-Pesa mobile money service in South Africa at the end of this month, a pioneer of mobile financial services for the mass market, Brian Richardson, CEO of Wizzit International, has
Operating conditions at South African private sector businesses improved for the first time in a year during May, mainly driven by a return to new order growth and renewed job creation. However, output continued to decline and companies
Three hours, around 100 people, 1 400 Japanese ATMs and 1 600 counterfeit credit cards, was all it took for fraudsters to exploit Standard Bank in Japan. The bank, which stands to lose up to R300m, described the attack as a “sophisticated
A R300m card fraud hit on Standard Bank in Japan is an incident of transnational organised crime that was well planned and executed, says a local banking risk body. The South African Banking Risk Information Centre
The South African retail banking sector is characterised by high barriers to entry. The sector is concentrated, with four of the largest banks – Standard Bank, Absa, First National Bank and Nedbank – accounting for more than 80% of retail
Standard Bank said on Monday that its South African banking operations have been the “victim of a sophisticated, co-ordinated fraud incident” that have cost it an estimated R300m. Standard Bank said on Monday that its South African
Home affairs minister Malusi Gigaba says citizens in the 25 to 40 age group will from Monday be able to apply for their smart ID card and passport at four of the country’s banks. “In our quest to deliver a quality service to our people