DIGITAL retail bank TymeBank has reached the 3 million customer milestone amid the challenging Covid19 crisis, and says it will power on to expand future offerings that will include insurance and value-added services. TymeBank, which was launched in 2019, said…
South African fibre telecommunications infrastructure company MetroFibre Networx has raised R2.5-billion in new debt financing, led by Investec, adding to the R1.5-billion recently raised from shareholders. The money will be used to support MetroFibre’s fibre network roll-out across South Africa, including deploying infrastructure…
TymeBank says it uses world-class security systems and technology to protect its 2.5 million clients from criminal and fraudulent activity. However, the bank says some of its customers are still at risk when falling prey to the tactics that criminals…
Lafferty Group recently spoke with Tauriq Keraan, the chief executive of Tyme Bank, the South African digital retail bank. Mr Keraan has been involved with Tyme since 2013, tasked with helping to develop the bank, and he rose to become…
The battle for the most affordable entry-level banking account in South Africa has become a race to zero, with a new entrant into the market, Spot Money, bringing a sixth zero-monthly fee option to consumers. Spot Money is a digital bank…
There is so much growth and opportunity within the local telecoms space and the team from Rain is poised to make the most of it. As I write this story, Rain is in the news. Headlines detail Telkom’s calls to…
South Africa’s biggest insurer Sanlam said on Friday it would take a minority stake, worth R739 million, in a new subsidiary being set up by billionaire Patrice Motsepe’s African Rainbow Capital Financial Services (ARC FS). Sanlam will take a 25%…
South Africa's biggest insurer Sanlam said on Friday it would take a minority stake, worth $51-million, in a new subsidiary being set up by billionaire Patrice Motsepe's African Rainbow Capital Financial Services (ARC FS). Sanlam will take a 25% stake in the subsidiary which…
Londiwe Buthelezi Patrice Motsepe, executive chair of African Rainbow Minerals and African Rainbow Capital. Photo: Elvira Wood Patrice Motsepe and Sanlam are set to seal yet another deal which will see the creation of a new business. The continent's biggest…
DIGITAL retail bank TymeBank has reached the landmark 3 million customer milestone amid the challenging Covid-19 crisis, and says it will power on to expand future offerings that will include insurance and value-added services. TymeBank, which was launched in 2019,…
Please be aware of fraudsters claiming to collect investment deposits using African Rainbow Capital's name. The public can only invest in our business if they have a share trading account.
We will never take direct payment or deposits from the public.
