R1bn via CashSend in 2012
Absa processed more than R1-billion in total values via its CashSend money transfer platform in 2012. “This is 73% up from 2011,” says Absa’s head of retail markets, Arrie Rautenbach, who believes this marks the beginning of an exciting growth period ahead for the...ICT tools for inner-city youngsters
Aspiring young entrepreneurs associated with the Skills Village project in central Johannesburg are now one step closer to being their own boss, after emerging telecoms operator BitCo provided them with the ICT tools necessary to kick-start their dreams. After being...Electronic payments boost SA’s GDP
The growth in the use of electronic payment products, such as credit and debit cards, added $8-billion to the gross domestic product (GDP) of South Africa, according to a study conducted for Visa by Moody’s Analytics. The study of 56 countries, including South Africa,...Massive mobile growth for SA
There will soon be more than 54-million mobile users in South Africa, and traffic over mobile networks will increase by about 58% every year. According to the Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2012 to 2017, in the Middle East and...BI vital, but application lacking
Business intelligence (BI) and analytics continue to be a top CIO investment priority – yet user surveys by Gartner show that only 30% of potential users in an organisation adopt CIO-sponsored analytics tools. This appears to be changing, however, as...