Browsing: Standard Bank

Standard Bank is drawing fire from clients across social media following an apparent network failure across its self-service channels. Customers have, since early morning, complained that they are unable to

Standard Bank is building a mobile virtual network operator, according to well-placed industry sources. The bank has hired former Virgin Mobile South Africa CEO Steve Bailey to its executive team. Standard Bank is

MTN Group plans to raise about $500m from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a record

Investments made by banks to beef up their digital capabilities and offer clients cost-effective services appear to be paying off. Detailed figures disclosed in the financial results of four of the five largest banks in

Dark Fibre Africa, the fibre telecommunications company in which JSE-listed Remgro holds a 50.9% stake, is in talks to buy fibre-to-the-home broadband infrastructure provider Vumatel, according to

Companies controlled by the Gupta family, whose accounts are being closed down by Bank of Baroda, said they’re taking legal action against the lender to try and stop the termination, which comes after South Africa’s four

Liquid Telecom, the company that recently acquired South African telecommunications operator Neotel, said at the weekend that it has been successful in its new capital raising exercise, securing $700 (about R9.4bn) in a bond