RainFin hopes to disrupt SA’s financial services sector by allowing credit-worthy South Africans to engage in person-to-person lending, cutting out banks in the process and offering higher returns to lenders and better interest rates to borrowers. Sean Emery, cofounder and CEO of RainFin
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Very few SA companies are fully compliant with the Protection of Personal Information (PPI) Bill, which is expected to be enacted as legislation later this year. Those that that don’t comply fully could face sizeable fines and individuals could even spend time in prison. The legislation, which will enforce
Dimension Data division Internet Solutions (IS) has signed a five-year contract with the SA arm of American Tower Corporation (ATC) in terms of which it will use ATC’s towers to offer wireless solutions. IS says the deal will “position it” to offer fourth-generation (4G) broadband services when these become
These are dark days for BlackBerry and Research in Motion (RIM). Though the Canadian company’s smartphones continue to sell well in some emerging markets, including SA, consumers at the higher end — they are the more profitable segment for handset
FibreCo, the fibre-optic telecommunications infrastructure provider co-owned by Dimension Data’s Internet Solutions, Cell C and Convergence Partners, will begin work on the next leg of its network in the next three months to link the coastal cities of East London, Cape Town and Durban. The company
When the first Xoom was launched in SA, it was touted by some reviewers as the Android tablet we’d been waiting for. But it turned out to be too heavy and too late, arriving in the country six months after the US and Europe. With the Xoom 2, Motorola’s got the form factor down pat, but lateness to market
Westcon, the distribution arm of JSE-listed IT group Datatec, will acquire Iberian and Latin American multinational security, virtualisation and data centre distributor Afina Group in a deal worth as much as €50m (R516m). The deal is being done by way of Westcon’s acquisition
Spectrum trading, use-it-or-lose-it conditions and wholesale and open-access networks will deliver the broadband growth governments in SA and sub-Saharan Africa are looking for, according to a new research report published by telecommunications investment group Convergence Partners
Mobile operators are hacking and slashing data prices but Telkom’s fixed-line broadband and line rental fees are set to go up at the beginning of August. The operator desperately needs to cut costs, increase efficiency and attract new customers, but it’s caught in a dilemma: it needs to maintain its ground in a
Absa’s online banking website was available only intermittently on Friday, with some users experiencing slow access and other users unable to access the service at all. This follows an interruption to services at the end of May which left many customers frustrated and saw the bank extend its clearing times