Sep 10, 2020
South African-founded cryptocurrency exchange Luno has been acquired by Digital Currency Group (DCG), a global enterprise that builds, buys, and invests in blockchain companies. Luno began in South Africa in 2013. It now has 5-million customers spanning over 40...
Sep 10, 2020
Alviva Holdings has issued a trading statement warning stakeholders of significantly lower earnings for the year ended 30 June 2020. Headline earnings are expected to be 52% to 58% lower than last year, down from R426-million to between R180-million and R205-million....
Sep 10, 2020
The South African banking industry is phasing out the use of cheques, and will stop honouring cheques issued from 1 January 2021. Standard Bank tells customers that the use of cheques has declined significantly as consumers shift to digital payments. “In...
Sep 10, 2020
More people than ever are working from home, but companies have so far failed to increase their security training and awareness. As of mid-February, about 4,7-million US employees were working remotely, with social distancing measures introduced in March causing that...
Sep 10, 2020
South African vehicle sales may be down by nearly one-third compared to winter 2019, but the market for used cars is growing, with South Africa’s most perennially popular brands leading the virtual sales lot, according to Gumtree.co.za. Recent Wesbank data...
Sep 10, 2020
Telkom has announced that Santie Botha and Khanyisile Kweyama, both independent non-executive directors of the board of directors, will retire with effect from 25 September 2020 and 31 December 2020 respectively. Alphonzo Samuels and Hemmanth (Herman) Singh have been...
