First National Bank (FNB) and UnionPay International (UPI) have jointly announced that UnionPay cardholders are now able to make contactless payments with their cards via FNB Speedpoint terminals at merchants in South Africa. FNB is the first bank in South Africa to accept contactless...
22 Jun 2020
The 2019 Sanlam Financial Journalist of the Year Awards is calling on African financial journalists to submit their African Growth Story category entries ahead of the closing date on 28 February. The awards recognise the best financial reporting by reporters based in Africa and attracts keen...
7 Feb 2020
Investec Asset Management is to rebrand and rename itself to 'Ninety One' after the completion of the firm's demerger from Investec Group. The new name and brand are to reflect the heritage of the firm. The name recognises the firm's history while the brand proposition reflects the...
20 Nov 2019
Old Mutual has continued its sponsorship of Idols SA. The music talent show is currently in its 15th season.
20 Aug 2019
WPP is set to create a new campus for its brands in Düsseldorf, Germany, which is the latest in a series of European investments by the agency. Based in the city's architecturally iconic MedienHafen (Media Harbour) area, WPP's new building will be an integral part of the Rhine harbour skyline...
7 Jun 2019
Newco, a Naspers subsidiary company, is set to list on the Euronext Exchange in July 2019. As part of the listing, Newco will hold all of Naspers offshore technology assets - including Tencent, OLX and PayU - and will have a secondary inward listing on the Johannesburg Stock Exchange...
31 May 2019
Cape Town Etc reports that a uniquely created South African R2 coin has come out on top in the Best Contemporary Event category at the 2019 Krause Publications' Coin of the Year (COTY) awards. The coin was created with a design that represents the first ever successful human-to-human heart...
25 Feb 2019
KPMG South Africa has appointed Ignatius Sehoole as chief executive officer. He will take up this role on 1 May 2019. His primary objective will be to restore public trust in the company. The audit firm has been embroiled in controversy since its links to Gupta-owned companies and a bogus report...
28 Nov 2018
The Daily Maverick's annual event The Gathering: Media Edition is receiving sponsorship from 10X Investments. The event will gather leaders from politics, civil society, the business world and media for a day of engagement, networking, debate and thought leadership focused on the importance of...
26 Jun 2018
Bridge Fund Managers will sponsor the Institute of Directors in South Africa (IoDSA) Golf Day, which takes place at The Country Club Johannesburg, Woodmead on 15 October 2018. Bridge Fund Managers is also the presenting sponsor of the aQuellé Tour Durban and sponsor the Bridge Fund Managers...
24 May 2018
Riccardo Spagni is developing a new open source blockchain protocol, Tari. The protocol is intended to simplify the digital asset experience for businesses and consumers. The project is backed by venture capital funds in Silicon Valley and is headed by Spagni alongside US-based entrepreneur and...
24 May 2018
Mastercard recently hosted its first Chief Marketing Officer (CMO) forum with a panel discussion titled 'I Don't Want Your Ads; Marketing in an Ad-Blocking World'. The forum was hosted by Mastercard's CMO Raja Rajamannar and was focused on the evolving role of marketing in connecting brands to a...
4 May 2018
First National Bank's (FNB) eWallet may now be used to purchase goods and withdraw cash at participating owner-managed Spar stores across South Africa. The cardless functionality of the eWallet@till uses a cellphone to enable eWallet recipients to make over the counter purchases and withdrawals at...
3 Apr 2018
DHL Express Sub-Saharan Africa has signed on as the title sponsor of the 2018 E-Commerce MoneyAfrica Conference & Exhibition (Confex). The 2018 DHL Confex will be held at the Cape Town International Convention Centre on the 14-15 March 2018. The DHL Confex brings together stakeholders in the...
12 Dec 2017
The personal finance section of Tiso Blackstar, Money, has extended its reach to Sowetan audiences. The finance section will also be available on the SowetanLIVE website. Money launched in Sowetan on 2 November 2017 and is to appear regularly each Thursday thereafter.
3 Nov 2017
Patrice Motsepe's African Rainbow Minerals is the latest in a growing litany of companies that have dumped KPMG since the scandal of the audit firm's involvement with the Gupta family and the so-called Sars rogue unit report broke.
24 Oct 2017
“Ads annoying, right?” Capitec has created three ads, each with different personalities, to add value to their mobile banking app. Instead of having to endure long queues at banks and stores, now you can ‘skip' and use their mobile banking app instead. Hilarity comes in the form...
14 Mar 2017
Merchants has partnered with Australian insurance company, iSelect in a five-year business deal. Merchants will be managing iSelect's growing rate of customer queries at its offshore contact centre which is based in Cape Town.
9 Mar 2017
As of 1 March 2017, Malta-founded card acquirer and payment solutions provider Swish Payments Ltd will be known as Truevo Payments following the company's rebranding. The decision to rebrand came following the discovery of a similarly-named peer-to-peer payment solutions company in Sweden. The...
28 Feb 2017
The African Development Bank (AfDB) has appointed MCB Investment Management (MCBIM), as fund manager for its first multi-jurisdictional fixed income exchange traded fund (ETF) in Africa. The board of directors of the AfDB has also approved a seed equity capital investment of $25m for the ADBF....
12 Dec 2016
Mutual & Federal have been awarded first place in the Best Insurer Award category and recognised as the Most Efficient Insurer at this years SA Motor Body Repair Association (SAMBRA) Annual Awards Breakfast. This is the third consecutive win for Mutual & Federal in the Best Insurer Award...
31 Oct 2016
Standard Banks' new foreign exchange mobile wallet, 'Shyft'-ing money was awarded a Bronze international award in the Most Disruptive Innovation category, at the 2016 Efma-Accenture Distribution & Marketing Innovation Awards held in Barcelona this week. Through the app, customers can buy a...
28 Oct 2016
iKhokha, South African mobile commerce provider, has won the Innovation Award at the 2016 Mastercard Innovation Forum in Budapest, Hungary. iKhokha was recognised in the Innovation category for extending the acceptance of Masterpass, the digital payments service from Mastercard, into the...
4 Oct 2016
Bongani Coka has been appointed as the new chief executive of the South African Institute of Professional Accountants (SAIPA), with effect from 1 July 2016. Prior to his appointment. Coka was CEO at Productivity SA for five years, after having served as the organisation's CFO for 10 years. His...
23 Jun 2016
The Budget Speech 2016 had social media abuzz with 43,680 conversations taking place. Opinions fluctuated during the build up to the speech, but on the day 18% of the conversation was positive, 21% was negative, and the bulk was neutral just sharing the information. Overall positivity towards the...
25 Feb 2016
The first episode of The Insurance Apprentice 2016 has been released. Viewers can expect a seven part series that will investigate the world of the apprentices and follow them on their journey to be crowned The Insurance Apprentice 2016. Expect a glimpse of the day-to-day workings of the apprentices...
24 Feb 2016
The first Working Mothers Expo is to be held at the Sandton ICC on 4-5 November 2016, and MiWayLife will be the main sponsor. MiWayLife is a division of Sanlam Life Insurance Ltd and has identified working mothers as a market segment that has been neglected by the industry. Working women play a...
22 Feb 2016
Nedbank Private Wealth was awarded for its wealth management services at the 13th annual Euromoney Private Banking and Wealth Management Survey 2016. The financial services provider won in the following categories: • Philanthropic Advice (Africa and South Africa). • SRI/Social Impact...
17 Feb 2016
MasterCard won a Prepaid: Consumer Champion - Global award and a Prepaid: Best Government Benefits Delivery award at the 10th annual Paybefore Pay Awards for its Bidvest Bank Multi-Currency World Currency Card and the South African VAT Refund Administrator (VRA) Programme. The Bidvest Bank...
17 Feb 2016
Microjobbing platform, M4JAM and Pick n Pay have ensured that M4JAM jobbers will be able to cash out their earnings more easily. Previously, jobbers wishing to cash out were required to pay a fee of R4, however, Pick n Pay will now be offering jobbers the option of only having to pay R2.50....
16 Feb 2016
