MTN aims for major turnaround

MTN SA is working on an aggressive turnaround strategy that involves investment in people, processes and technology. Mteto Nyati, CEO of MTN SA, says the company has made some firm commitments: to transform customer experience, return to growth and overhaul people...

Is SA heading for stagflation?

Weak preliminary indicators, which include manufacturing production, mining output, and retail trade sales, strongly suggest that South Africa’s GDP growth rate could record a quarter-on-quarter annualised contraction during the first quarter. Thea Fourie,...

SA climbs the Global Threat Index

South Africa ranked 26th on Check Point Software Technologies’ global risk ranking Threat Index for Q1 2016. At the end of the first quarter of 2016, South Africa climbed the list of most attacked countries with a ranking change of 26 places from the end of...

Beware of fake Olympic ticket scams

Kaspersky Lab experts found the first spam emails mentioning the Olympic Games in Rio de Janeiro in early 2015, a year before the event is set to take place. The majority of spam emails are in English, but some are also in Portuguese because of the location of this...

Hello Paisa is Africa’s top fintech startup

Low cost international money transfer company Hello Paisa was named the number one fintech company in Africa, at the SWIFT African Regional Conference. Hello Paisa will now form part of a delegation along with two other finalists to Sibos, SWIFT’s annual global...

Absa covers app users’ mobile costs

Absa has become the first South African bank to offer reverse billing across all four major mobile networks, so customers will be able to use its app even if they don’t have mobile data. “The agreement that Absa has signed with Cell C, MTN, Telkom and...