FOUNDeRY: Rand Merchant Bank’s transformation into a digital bank
As a fintech innovation hub, the FOUNDeRY was created two years ago to accelerate Rand Merchant Bank’s journey of transforming into a digital bank.
As a fintech innovation hub, the FOUNDeRY was created two years ago to accelerate Rand Merchant Bank’s journey of transforming into a digital bank.
Flags are flying at half mast in economic circles this morning as the news of Cees Bruggemans passing filters through. Bruggemans, the media’s go-to economist for many years, passed away earlier after a battle with cancer.
A dearth of suitably qualified and experienced staff has left SA business struggling to fill thousands of posts even though unemployment is high.
Absa declined an invitation to meet mines minister Mosebenzi Zwane to discuss the closure of bank accounts related to companies controlled by the Gupta family.
Financial institution First National Bank (FNB) activated its LTE service on its mobile network on Tuesday without much fanfare.
The Zupta business empire is unravelling like Ernest Hemingway described the way a man goes bankrupt – gradually then suddenly.
The decision by the Guptas and Zuma to resign with immediate effect “follows a sustained political attack on the company”, said Oakbay CEO Nazeem Howa.
For the Zupta combine, as with the corrupt ancient Babylonians to whom they have been compared, the writing is now very much on the wall.
South Africa’s FirstRand is in talks with a trade union about cutting 600 jobs at its retail banking unit.
Christo Wiese, who led a $1 billion takeover this month, says he’s also focused on helping millions of South Africans make a more modest purchase.