mapIT rebrands to TomTom SA

As part of a local rebranding strategy, mapIT is officially changing to TomTom South Africa. The renaming is an opportunity for the company to leverage a well-known and global brand, TomTom, and be in the position to fortify and strengthen local services, global...

Esquire Technologies acquires FilmChrome

Esquire Technologies has acquired a substantial stake in digital film and video company, FilmChrome, for an undisclosed sum. Esquire’s CEO Mahomed Cassim says that FilmChrome – which is also an expert in producing corporate and marketing videos – will be...

African banking sector is stable, says GCR

Global Credit Ratings (GCR) has recently released ratings for East, West and southern Africa for the banking industry. Most notably, the Nigerian banking sector seems to be flourishing, with some concerns for the rest of Africa amidst tough economic conditions and the...

Telkom: MTR delay not in public interest

Recent moves to oppose new mobile termination rates (MTRs) will delay reducing the cost of calls to the consumer, and are not in the public interest, according to a statement from Telkom. “Telkom is relieved that the initial delay to the implementation of Mobile...

MTN launches lowest prepaid call rate

On Sunday (23 February 2014) MTN South Africa introduced a R30 MTN Pay As You Go bundle that will see its prepaid customers experience guaranteed and reduced rates of 90c, 95c and 99c per minute for making On-net (MTN to MTN), Off-net (MTN to other networks) or...

Nedbank opens ‘branch of the future’

Nedbank opened the doors of its Sandton City Mall Branch, which has been refurbished to reflect its new “branch of the future” offering. The Sandton opening follows the flagship branch at Fox Street in Johannesburg. The branch of the future concept stems from a new...