The South African retail banking sector is characterised by high barriers to entry. The sector is concentrated, with four of the largest banks – Standard Bank, Absa, First National Bank and Nedbank – accounting for more than 80% of retail
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At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous
Apple’s share price, which peaked above US$132 a year ago, is now around $94. This is despite the news that Warren Buffett’s investment conglomerate Berkshire Hathaway had recently acquired more than 9,8m Apple shares. Since
Drive along the R24 freeway from Johannesburg to OR Tambo International, and just past the Barbara Road offramp, on the right-hand side, the sky is filled with cranes. The massive
The news that Vodacom South Africa is planning to drop the M-Pesa mobile money transfer service has come as a surprise to many analysts considering the huge success it has seen in many
There are a couple of South Africans who are making their mark across the world. One of them is Sequoia Capital partner Roelof Botha, who has become something of a Silicon Valley superstar. Forbes recently named this South African as one of the
Hello, my name is Michael, and I’m a “ring addict”. No, not the one ring from The Lord of the Rings; not the cheap costume jewellery you get at the local Renaissance Fair. I’m talking about the red, green and blue rings that adorn my Apple Watch, tracking
Telkom has begun a project that will eventually take its sprawling head office campus in Centurion, near Pretoria, completely off the grid. The project, the first phase of which involves the installation
From the legendary Tower of Babel to the iconic Burj Khalifa, humans have always aspired to build to ever greater heights. Over the centuries, we have constructed towering edifices to celebrate our culture, promote our cities
Econet and subsea cable operator Seacom are courting Neotel with the view to a potential acquisition, it was reported on Tuesday. The news comes after Vodacom was forced to walk away from its R7bn plan to buy Neotel