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Provisions Hit Pepkor’s FinTech Business Profit

Retailer Pepkor, previously Steinhoff Africa Retail, said on Monday operating profit in its financial technology (FinTech) services business dropped by 5.8% to R455 million in the...

Vodacom Is Attracting More Financial Services Customers

Vodacom reported on Monday that its financial services customers, including Safaricom, rose 12.6% or 6.1 million to 54.8 million in the six months to...

FinChatBot Secures R25 Million To Expand Into Europe and West Africa

FinChatBot, a creator of conversational AI solutions for the financial services industry, has attracted $1.6 million (R25 million) in investments. The investment was led by...

Telkom Taps Ex-MTN Executive and Openserve Boss as Board Members

Telkom has announced the appointment of new board members after the retirement of independent non-executive directors Santie Botha and Khanyisile Kweyama. Botha and Kweyama will...

Telkom Launches Funeral Cover – Here’s What It Costs

Telkom has launched its funeral insurance, which includes single member, family and extended family benefit options. It is part of Telkom's strategy to continue its...

Telkom Enters Financial Services Fray in Ongoing Drive to Diversify

South Africa's telco Telkom waded into the country's red hot financial area with a new financial services entity to compete against the likes of...

South African Banks Need to do More to Ensure Financial Inclusion

by Velenkosini Matsebula and Derek Yu An analysis of financial inclusion in South Africa shows that affordability limits poor households’ access to formal financial services....

Old Mutual Delivering on Promises for 175 years

As Old Mutual celebrates 175 years as one of South Africa’s – and Africa’s - most iconic brands, it is worth considering how a...

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