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Money transfer comes to Facebook IM

Money transfer comes to Facebook IM

International money transfer service TransferWise has announced an integration with Facebook’s Messenger that will let people set up foreign exchange transactions over the chat service. London-based TransferWise launched the technology

ZAR X goes live with real-time settlement

ZAR X goes live with real-time settlement

South Africa’s first alternative exchange, ZAR X, made its debut on Monday with the listing of agribusiness Senwes and its holding company Senwes Beleggings (Senwesbel), which marked the disruption of a more than 50-year long monopoly

Technology made ZAR X launch possible

Technology made ZAR X launch possible

South Africa’s new stock exchange, ZAR X, listed its first companies on Monday, with Senwes and parent Senwesbel the first to join the bourse. It’s the first rival to the incumbent, the JSE, in decades. The new stock market, which is entirely electronic

Outa seeks Eskom break-up

Outa seeks Eskom break-up

The Organisation Undoing Tax Abuse, long a thorn in the side of roads agency Sanral over the tolling of Gauteng roads, has now set its sights on Eskom, lodging a complaint with the Competition Commission seeking the state-owned power

Now WhatsApp gets Snapchat-like features

Now WhatsApp gets Snapchat-like features

Now there’s another Facebook app making features that mimic Snapchat. WhatsApp, the chat application owned by Facebook and used monthly by 1,2bn people, is adding a built-in camera to let people take photos or videos, and send them

I’m not indispensable, says Gordhan

I’m not indispensable, says Gordhan

Finance minister Pravin Gordhan said he is “not indispensable” as he prepares to present the annual budget following almost a year of speculation that he might lose his job. “We are just humble civil servants,” Gordhan said in an interview

Zuma, Gordhan battle takes centre stage

Zuma, Gordhan battle takes centre stage

A year after President Jacob Zuma began feuding with finance minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in parliament on Wednesday

Big growth in online shopping in SA

Big growth in online shopping in SA

Online spending in South Africa is expected to reach R53bn by next year, from R37,1bn in the past 12 months, according to new research commissioned by PayPal and conducted by Ipsos. It’s the third time the companies have done the research

Brian Molefe to become an ANC MP

Brian Molefe to become an ANC MP

Brian Molefe is set to become a member of parliament for the ANC, prompting speculation that President Jacob Zuma intends installing the former Eskom CEO as the new minister of finance, replacing Pravin Gordhan. Parliament said late

Icasa defers spectrum auction indefinitely

Icasa defers spectrum auction indefinitely

Communications regulator Icasa has deferred a planned auction of high-demand spectrum indefinitely. In a notice published in the Government Gazette, Icasa said it is deferring the timeframe for the award process “until further notice”. The move is

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