South Africa's Nedbank has launched Send-iMali, a fast, safe and easy-to-use system for sending money through a mobile phone, the internet or the Nedbank App Suite to any valid South African mobile phone, anytime, anywhere, IT Africa reported.
The mobile money transfer system enables anyone with a mobile phone to receive funds through a Nedbank ATM. The service can also be used by clients who may have forgotten their wallet or card at home, as it allows them to use a mobile phone to make cordless withdrawals at a Nedbank ATM. It can also be used in rural areas.
Vodacom has revealed that the Competition Commission has decided to investigate a complaint lodged by Cell C, in which the smaller mobile operator has accused its larger rival of abusing its dominance in contravention of the law.
“The group received a complaint from the Competition Commission in which it is alleged that Vodacom South Africa abused its market dominance in contravention of section 8(a), 8(c) and 8(d)(i) of the Competition Act,” the operator says.
Vodacom has become the latest operator to debut a low-cost, own-branded smartphone aimed at getting more South Africans connected to the Internet.
Following the launch earlier this year by MTN of the Steppa smartphone, which costs R499 Vodacom has announced it will also begin selling a low-cost unit it's calling the Smart 4 mini for R899 on prepaid. It's also available on aggressively priced 24-month contract deals starting at R49/month.
Google has launched an online South African Elections Hub as the country gears up to go to the polls.
Google has launched an online South African Elections Hub as the country gears up to go to the polls in three weeks time.
The Internet giant describes the hub as an online portal where voters, journalists and campaigners can easily track all the latest news, trends and information related to the 2014 general election, the fifth since the advent of democracy 20 years ago.
Telkom on Wednesday denied speculation in the media that it has received a proposal from a Southeast Asian company or grouping for the sale of its mobile towers business in a deal that reportedly could be valued at as much as US$3bn.
On Tuesday, a report on a website called Business Tech said that the investment group, which, curiously, the website failed to name, wants to set up factories in South Africa to build tower infrastructure.
Until now the largest social network in South Africa, Mxit, which claims to have 7,4m active monthly users, has been knocked from the top spot by Facebook, with an estimated 9,4m active users, a number the researchers say may actually be on the conservative side.
This was the key finding of the South African Social Media Landscape 2014 research study published on Tuesday by World Wide Worx and Fuseware.
South Africa-based regional wireless operator MTN Group has reported a 22% increase in profits for the six months ending 30 June 2013, beating market expectations, buoyed by a strong rise in its overall subscriber base. The Group’s so-called ‘headline earnings per share’, which excludes one-off exceptional items, reached ZAR6.54 (USD0.772) for 1H13, up from ZAR5.36 for the corresponding period of 2012, beating the median estimate for profit of ZAR6.49 per share, in a poll of analysts carried out by Bloomberg.
Telkom MD Attila Vitai says that a hypothetical deal between Telkom and Cell C, that would see the former acquiring the latter, would not make sense for Telkom. This came in response to comments made by Cell C CEO Alan Knott-Craig on Talk Radio 702 in July, who was addressing talk of consolidation in the telecoms industry.
Speaking to Stephen Grootes on the radio station, the Cell C head confirmed that the mobile operator had addressed talks of consolidation with Telkom Mobile.
Former Vodacom group CEO Alan Knott-Craig contradicted himself under questioning over who invented the “Please call me” service while testifying in the high court in Johannesburg on Tuesday, according to a newspaper report.
According to Wednesday’s Business Report, Knott-Craig contradicted himself while being questioned by Cedric Puckrin, who is representing Nkosana “Kenneth” Makete, a former Vodacom employee who claims he came up with the concept and is seeking recompense from the operator.