Some of South Africa’s largest companies were forced to halt operations as violence erupted in parts of the country, with rioters torching trucks and looting stores.
Browsing: Standard Bank
Dimension Data is near to concluding a deal to sell Internet service provider Mweb, but has taken the sale of another business it has deemed non-core, Merchants, off the table for now.
Standard Bank has launched an online marketplace for larger companies, offering them a range of digital solutions. Called OneHub, it’s meant to act as a single point of entry for the bank’s corporate clients.
The Ombudsman for Banking Services’ annual report reveals that it opened 7 717 formal cases in 2020 – a new record. That’s a 19% increase on the prior year, despite the Covid-19 lockdown.
Africa Data Centres, the carrier-neutral data centre company in the Liquid Intelligent Technologies stable, has announced plans to build a 10MW facility in Nigeria’s largest city, Lagos.
Promoted | Block Markets Africa is supporting an investigation by the South African Reserve Bank into the impact and benefit of blockchain technology on the future of financial markets and their systems.
Standard Bank said on Thursday that system problems have caused some its customers to have card transactions deducted from their accounts more than once.
Liquid Telecom, majority owned by African telecommunications tycoon Strive Masiyiwa, raised $840-million in a bond sale to refinance debt and expand further into Africa.
Vox has secured new debt facilities, lead-arranged by Investec and also involving Standard Bank and Rand Merchant Bank, to allow it to ramp up its deployment of fibre broadband infrastructure.
MTN Group has appointed Citigroup and Standard Bank Group to advise on a sale and leaseback of some of the carrier’s South African telecommunications towers, according to people familiar with the matter.