249 Mutsa Chironga, managing executive for personal banking at Nedbank Nedbank has partnered with fintech Jumo to launch a digital short-term lending product inside its Money App, the two companies said on…
Category: Business
Investors thump Absa, with astounding 43% vote against exec pay
223 This would’ve needed most of its top 10 shareholders to vote against it. Shareholders in Absa Group overwhelmingly slammed the group’s implementation of its remuneration of executives with an astonishing 43.37%…
The MVNO trap deepens as the battle moves to data
297 South Africa’s banking MVNOs were conceived as a defensive weapon. Banks watched mobile operators build payments platforms, accumulate transaction data and push into financial services from the connectivity side. The mobile…
Payments Live returns to Johannesburg for 2nd edition
241 Eventhive, Africa’s leading B2B2C event servicing company with a strong portfolio across key sectors and six major cities, is excited to announce the second edition of Payments Live as part of…
CoJ finances ‘a horror show’ – Scopa member
195 AG says CoJ wrote off R9bn in consumer debt, while City Power incurred R5.7bn in electricity losses and Johannesburg Water R2.8bn from water losses. The poor state of the City of…
BMW’s Pretoria hub built the AI now running on its factory floors worldwide
216 BMW Group South Africa CEO Peter van Binsbergen BMW Group South Africa marked 20 years of its IT Hub in Menlyn, Pretoria, on Wednesday, revealing that a team based in the…
Meta takes on OpenAI and Anthropic in enterprise AI
237 Meta Platforms on Wednesday unveiled an AI agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at…
Canal+ listing on JSE signals confidence in the bourse’s African growth strategy
246 Canal+ is the first French company to list on the JSE. The Johannesburg Stock Exchange (JSE) officially welcomed media giant Canal+ to its main board on Wednesday morning, marking the first…
Outstanding loans surge to R2.7 trillion as South Africans open 875 000 loans in 3 months
230 The report examines consumer credit behaviour. The latest Credit Stress Report has revealed that outstanding debt in the economy continued to increase in the first quarter of 2026, with total outstanding…
Amazon’s long game in South Africa
262 So, Amazon has finally launched Prime in South Africa. For R59/month, or R399/year, shoppers get free delivery, video and gaming. It’s aggressive pricing. But what stands out more is how long…