International kudos for FNB Banking App
The FNB Banking App has been ranked as the fourth-best app in the world by MyPrivateBanking Research in the category of Mobile Apps for Wealth Management 2015, and sixth-best globally by the UX Alliance for usability and ease of use. It was also recently voted best...MTN Swaziland rolls out Ericsson e-wallet
MTN Swaziland has deployed Ericsson Converged Wallet, enabling the operator to quickly introduce relevant, new and differentiated mobile financial services. The rollout impacts more than 275 000 existing MTN Swaziland mobile wallet users and 3 000 agents. The new...
SA employment figures down
Employment in South Africa has declined slightly over the last year, although earnings increased ahead of inflation. These are among the figures in Statistics SA’s Quarterly Employment Statistics (QES) survey of enterprises in the formal non-agricultural business...Government sells Vodacom stake to fund Eskom
Government has sold its 13,91% stake in Vodacom to the Public Investment Corporation (PIC), acting on behalf of the Government Employees Pension Fund (GEPF). As previously indicated, the proceeds from the sale will be used to finance the R23-billion allocation to Eskom. This gives expression to the commitment made in the 2015 Budget and the 2014 Medium Term Budget Policy Statement that funding of state owned companies would be in a deficit neutral manner.
New dates for Telkom’s BCX acquisition
The acquisition of Business Connexion (BCX) by Telkom is still up in the air pending outstanding regulatory approvals. Back in May, the Competition Commission recommended to the Competition Tribunal that the proposed transaction be approved with conditions, but approval from that body is still required. The Competition Tribunal hearing has been set down for 30 July 2015 to 07 August 2015.