Learn from UK crash, SA banks urged

UK bank NatWest, a member of the Royal Bank of Scotland (RBS) group, suffered its second major IT system collapse in nine months last week, with the result that many of the 7,5-million customers affected threatened to cancel their accounts on social networking sites....

Vodafone loses telecoms top spot

Vodafone has slipped from its number one spot in the Brand Finance Telecoms 500 study, which lists the world’s most valuable telecoms brands. Vodafone has slipped to the number four position, with Apple now occupying the top spot. Apple was at number four last year....

New strides for insurance processing

Innovation Group, in conjunction with Santam and IntegriSure, last week became the first insurer, binder holder and service provider to process a live batch of insurance policies through the Astute switch for Stride. Stride was formed as an industry initiative to...

Impressive interim results for EOH

EOH increased group revenue increased by 45,5% to R2 389,2-million (2012: R1 642,3-million) during the six months ended 31 January 2013. The group’s profit after tax increased by 53,5% to R163,5-million (2012: R106,5-million), while headline earnings per share (HEPS)...