Banks have to help customers improve finances

The South African banking sector continues to go through remarkable evolution due to its competitive nature and rising consumer expectations. Raj Makanjee, chief executive of FNB Retail, says financial pressure on households is one of several factors that is...

AI helps unlock data potential of banks

Artificial intelligence (AI) provides banks with the means to make better use of the massive amount of data at their disposal. In doing so, they can identify opportunities for growth faster and gain significant competitive advantage at a time when more agile digital...

Luno exchange launches automated withdrawals

Luno has introduced faster and automated withdrawals to its South African customers at no additional charge. This means customers are no longer restricted to daily withdrawal schedules. “Luno customers wanting to withdraw their rands on the Luno platform can now...

New tax app eases VAT compliance

A new VAT app, developed by a tax expert at hApp-e-tax, offers answers to VAT queries for accountants, auditors, tax practitioners, lawyers and entrepreneurs. The app includes the VAT Act, Customs and Excise Act, Securities Transfer Tax Act, Estate Duty Act and...

Future of African payments based on pragmatism

As we enter the next decade, local and African merchants should support payment methods that suit their customers, rather than following global trends just for the sake of it. Peter Harvey, MD of payment service provider DPO SA, looks at five trends we can expect over...

Jewel City brings DigiEd school to Joburg inner city

Jewel City, the lifestyle precinct in Johannesburg’s Maboneng district, has opened the first high school in the inner city with the launch of a Curro DigiEd school. The school forms part of Ithemba Properties’ vision for an affordable metropolitan...