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finance news

Crypto Firm Binance Chooses New Leader for its South African Business

Binance, one of the world’s leading crypto and blockchain infrastructure providers, has today announced the appointment of Hannes Wessels as its Country Head of South Africa. The firm says the new appointment will further its ambitions to drive its business...

What Did SA Shoppers Splurge the Most On This Black Friday?

Following a record-breaking Black Friday weekend in 2020, this year’s total online transaction volumes increased by a further 34% – as well as a 30% increase in total purchase values overall – highlighting a long-term shift in consumer behaviour...

Johannesburg Fintech to Launch an All-in-One Video Conferencing App

Johannesburg-based Cassava Fintech International (CFI), a subsidiary of Econet Global, has announced the release of ‘Sasai TeamTalk’, a voice and video conferencing service that takes up to 20 people on one call. The service, coming at a time when many...

The Nedbank Data Breach – New Details Via CEO

Last week we covered the Nedbank client data hack in which 1.7 million Nedbank clients may have had their personal and private data leaked to the public. The leak emanated from a security breach at Computer Services, a third-party...

Don’t start the New Year in debt

December is a time for relaxing, spending time with family and friends and generally enjoying the festivities of the season. However, accidents happen all too frequently, and it’s not called the silly season for nothing. Even with Medical Aid...

Increased repo rate bad news for deeply indebted South African consumers

The decision by the South African Reserve Bank to increase the repo rate by 25 basis points is bad news for consumers and is going to add significantly to the debt burden. Coming hot on the heels of a 1%...

MetaQuotes enjoys strong 2018 thanks to the rise of MetaTrader 5

The world of banking and finance is a fascinating but often very complex place. An incredible range of transactions occur in this sphere every day, whether it is a homeowner signing up to a mortgage, a youngster getting their...

Member States urged to explore new sources of financing in Central Africa

“Financing industrialization is not only about chasing money,” said Antonio Pedro, Director of the ECA Subregional Office for Central Africa. “We need to look at the soft and hard infrastructure that will then create the necessary enablers for money to...

Massive demand for senior leaders in burgeoning African fintech sector

With the rapid and sustained growth of the fintech sector in East Africa, in particular in Kenya, there has been a sharp rise in demand for skilled leaders to fill positions, and companies are looking globally - and to...

Top 5 tips to design the ultimate African digital banking experience

As mobile internet connectivity grows, African youth are fast embracing the opportunity to connect, converse and transact on the web. According to the GSMA (Mobile Economy Report 2015), mobile internet penetration in Sub-Saharan Africa was expected to reach 38%...
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Plan Ahead with Bolt: Book Your Ride In Advance

Bolt has launched its 'Scheduled Rides' feature allowing users to book rides up to 72 hours in advance. This feature...
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