Author: Chris Anu
Boomi Appoints Diane Fanelli as Chief Revenue Officer Boomi™, the leader in AI-driven automation, today announced the appointment of Diane Fanelli as Chief Revenue Officer. Fanelli will lead Boomi’s worldwide revenue organization, responsible for strengthening customer partnerships, advancing global go-to-market strategies, and driving sales excellence as Boomi continues its rapid growth. She will report to Boomi’s Chairman and CEO, Steve Lucas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251014784579/en/With over 30 years of global leadership experience, Fanelli has driven revenue growth, customer success, and innovation across some of the world’s most influential technology companies. She held executive…
Nedbank’s Eugene Liebenberg Nedbank Connect, Nedbank’s recently launched mobile virtual network operator (MVNO), is taking a slow and steady approach to entering the South African market, but its ambitions are broader, with other markets in Africa firmly in its sights. Eugene Liebenberg, head of digital products at Nedbank, said in an interview with TechCentral that many of the choices the bank has made while developing its MVNO – including the decision to use MTN as its network partner and MVNX as a technology platform – are geared towards giving Nedbank Connect the flexibility to tailor its offering for new markets.…
SIM cards purchased by ITWeb that had already been illegally registered with networks. (Image by Nicola Mawson) Even as South Africa gears up to be delisted from the Financial Action Task Force (FATF) grey list, a major issue persists because of the availability of illegally registered SIM cards that are used in various crimes, including financial fraud.Veteran ICT commentator Adrian Schofield says the entire point of South Africa being grey listed by the FATF was to tighten controls around financial crime.”They specifically highlighted terrorist financing as an issue. It’s all too easy for nameless, faceless individuals to finance crime by…
Communications minister Solly Malatsi. Image c/o DCDT Communications minister Solly Malatsi told TechCentral in an exclusive interview at the weekend that he is a matter of weeks away from finalising a policy direction on equity equivalent investment programmes (EEIPs) for the ICT sector. Once finalised – and if adopted by communications regulator Icasa – the new move could see foreign ICT firms get the option to use EEIPs instead of selling equity – at least 30%, according to the Electronic Communications Act – to meet broad-based black economic empowerment (B-BBEE) requirements. Elon Musk’s SpaceX has said repeatedly that the equity…
Maziv is targeting connecting more than 8 000 cellular base stations with high-speed fibre. Maziv, the parent company of Dark Fibre Africa (DFA) and Vumatel, says the cash injection and assets from Vodacom, following the merger, will help to scale its business, as it targets passing 50 000 South African homes per month with high-speed fibre.After years of regulatory hurdles, the Competition Appeal Court in August approved the long-delayed R14 billion merger of Vodacom, SA’s largest mobile operator, and the fibre infrastructure giant.The acquisition will proceed under the revised conditions agreed to by the merger parties and Competition Commission ahead…
Communications minister Solly Malatsi has said he and his department are making steady progress in resolving the “complex issues” within his portfolio but also admitted that some things are taking longer than they should. Fifteen months after being sworn in to lead the communications portfolio, TechCentral queried Malatsi’s team with pointed questions about his performance as minister thus far, noting many unresolved challenges. Among these is the broadcast digital migration project, which is yet to find a workable way forward following Malatsi’s March loss in court to broadcaster e.tv and industry lobby groups Media Monitoring Africa (MMA) and the SOS…
Canal+ is now effectively in control of MultiChoice Group. Video entertainment company MultiChoice is set to delist from the JSE after French media giant Canal+ took full control of the firm.MultiChoice listed on the JSE in February 2019.Canal+ told shareholders today that its offer of R125 per MultiChoice share closed at 12:00 on Friday, 10 October, with outstanding success and was accepted by MultiChoice shareholders holding 217 659 343 MultiChoice shares (which is approximately 92.54% of the offer shares).Together with the MultiChoice shares that were already held by Canal+ prior to the Canal+ offer, these acceptances will result in Canal+…
Canal+ CEO Maxime Saada French media giant Groupe Canal+ has all but completed its takeover of MultiChoice, securing 94.39% of the South African pay-TV group’s issued shares following the close of its mandatory offer to shareholders. The result, announced to investors on Monday, clears the final hurdle for Canal+ to take full ownership of MultiChoice, ending the company’s six-year run as a separately listed company on the JSE. The offer, which closed on 10 October, was accepted by shareholders holding more than 217.6 million MultiChoice shares, representing about 92.5% of the shares subject to the offer. Combined with the shares…
The banks that thrive tomorrow will be those with flexible, future-proof architecture today. Here’s why BIAN is becoming core to banking’s quiet revolution. There’s no shortage of pressure on banks right now. Between tightening regulations, rising operational costs, surging customer expectations and nimble competitors redefining what “good” looks like, the industry is feeling the squeeze.Add legacy systems to that mix and you’ve got a problem. Not a small one; a “can’t launch new products, can’t personalise experiences, can’t integrate without headaches” kind of problem.Modern banking needs modern foundations. That’s where BIAN comes in.BIAN 101: What it is and why it…
The South African banking sector is poised for further disruption as one of the world’s largest digital banks, Revolut, prepares to enter the local market. The London-headquartered fintech Revolut is driving an expansion into emerging markets following last Wednesday’s announcement that it will launch a payments platform in India. Founded in 2015 by Nikolay Storonsky and Vlad Yatsenko, Revolut started out offering a prepaid card with low-fee foreign exchange services. It has since evolved to a full-fledged financial “super app”. South Africans are ready for a new approach to banking. The market is primed for disruption… Revolut tailors its offering…