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MTN is launching a new prepaid data campaign called MyTown Offers which will allow customers to get specific data bundles based on where they live. The aim of the tailor-made and town-specific data bundles is to suit the needs and budgets of people according to their towns. With MTN MyTown Offers, customers just need to dial *136*2# or *142# and select “MyTown Offers” to access special offers – all personalised just for them based on their pockets and their hometown. MyTown Offers are now available in 85 townships and suburbs across South Africa. The offers are: 500MB daily at R10…
Standard Bank has acquired a 35% equity stake in digital escrow company TradeSafe Escrow. TradeSafe is an online escrow platform that safeguards the buyer’s funds in trust in a transaction involving two or more parties. The funds are only released to the seller, and other approved beneficiaries once the buyer receives the goods or services in the agreed condition. Established in 2013, TradeSafe is the longest-running digital escrow company in South Africa. TradeSafe was also the first digital escrow organisation in the world to offer an API gateway which allows for online marketplaces and stores to offer escrow payments to…
Vodacom Group has announced Raisibe Morathi as its new Group Chief Financial Officer (CFO). Her appointment is effective 1 November 2020, when she will also be appointed to the Vodacom Group Board. As one of the most experienced and one of very few African black female CFOs of a listed company in South Africa, Raisibe’s appointment underscores Vodacom’s commitment to driving diversity across the workplace. Raisibe joins Vodacom from Nedbank Group, where she was the Group Chief Finance Officer since 2009. She was responsible for leading a team of over 900 people involved in finance and operations and focussed on…
South Africa is the first region to benefit from a new, white-label mobile payment, customer loyalty and rewards programme, with the launch of UBU International. The platform-based ecosystem converts the massive power of mobile search for products and services into feet through the doors of local physical and digital retailers. Many businesses have been severely impacted by the COVID lockdowns. Those who have survived the last couple of months are looking for ways to aggressively boost sales. A new platform-based solution addresses this challenge while allowing consumers to support their local retailers as well as their communities. The UBU International…
Two years ago, DataProphet received venture capital funding from Knife Capital to boost its innovation capabilities. DataProphet has now raised a $6 million (R101 million) Series-A funding round with Knife Capital following on, joined by the Industrial Development Corporation of South Africa (IDC) and Norican Group, a leading foundry engineering and equipment company. The funding will be used to strengthen the operational footprint of DataProphet internationally and fast-track the strategy of growing through and with their strategic partners across geographies and industry verticals. Founded in Cape Town in 2014, DataProphet is a leader in artificial intelligence (AI) that enables manufacturers…
Capitec, South Africa’s leading digital bank has been voted as South Africa’s coolest bank in the 16th annual Sunday Times Gen Next Awards, which recognises the country’s top brands as voted for by South African youth and young professionals. Thabiso Ntando, Brand Manager at Capitec, says: “We’re excited to be announced the coolest bank in SA. We have always said that we are the bank for all South Africans and this award shows that we are catering to the needs of our youth. I believe it is our client-centric digital offering that sets us apart and I’m particularly excited about our…
While COVID-19 has had a dramatic impact on South Africa, work is afoot to create a new, inclusive economy that will create employment and foster sustainable growth for all South Africans, says President Cyril Ramaphosa. “As we work with our social partners to develop an urgent economic recovery programme, we are determined that we should not merely return to where we were before the pandemic struck. We are instead looking at actions that will build a new, inclusive economy that creates employment and fosters sustainable growth,” said the President on Monday. The President made this call in his weekly newsletter…
Huawei South Africa has added online training in Artificial Intelligence (AI) to its portfolio of free training it offers to South African ICT students of higher learning. This as part of its commitment to training in 4IR technologies such as 5G and cloud computing, which it kicked off last year. This was revealed by Huawei CEO Spawn Fan at the online opening ceremony for the 2020 ‘Seeds for the Future’ training programme to empower young people with globally relevant ICT skills. Seeds for the Future is Huawei’s global flagship CSR programme, designed to develop skilled, local ICT talent and bridge…
The world is all abuzz with the focus on the next most precious resource of the Fourth Industrial Revolution (4IR), data – the “black-gold” of the digital age. In order to be a major player in this new realm, South Africa needs to address its connectivity inequality. More and more human needs are being met through digital connectivity and a vital, thriving telecommunications market is the cornerstone for the acquisition of this new digital commodity. Valde Ferradaz, CEO of MVN-X, a business providing turn-key solutions for large scale organisations wanting to enter the mobile telecommunications market, believes Mobile Virtual Network…
In the face of COVID-19 pandemic, thousands of local South African heroes continued working, bringing information, hope and help to those less fortunate than themselves. MTN’s “Everyday Heroes” campaign called on South Africans to ‘shout-out’ their local heroes using #WeGoodTogether on social media, and the nation answered. Throughout the months of June and July, hundreds of nominations poured in, says Jacqui O’Sullivan, Corporate Affairs Executive for MTN South Africa. “Our campaign attracted the most heart-warming stories from South Africans, recognising those who are making lives brighter through their acts of kindness. In many cases these heroes are using their own…