Chronos Capital has South Africa's A-team for tech investments
Chronos Capital, founded by Michael Jordaan, Willem Roos, Nic Kohler, and Roger Grobler, is backing many top South African tech and finance companies.
Chronos Capital’s mission is to back strong management teams of companies which...
Bank Zero gets new prices for 2024
Fully digital bank Bank Zero has announced its updated fees for 2024.
While the prices of most services have been kept the same, there are a few noteworthy reductions in third-party costs and value-added services.
Rain shareholder announces plans for mobile services
African Rainbow Capital (Arc) released its interim financial results on Thursday and confirmed that 4G and 5G network operator Rain plans to launch mobile services.
This comes after Rain founder and director Michael Jordaan revealed they...
Michael Jordaan explains his big new AI ventures
Well-known South African venture capitalist and former FNB CEO Michael Jordaan believes that the development of artificial intelligence (AI) has reached an inflexion point where it could start enabling humanity to do things thought impossible...
Vumatel founders launch crypto project
Vumatel cofounders Niel Schoeman and Johan Pretorius have spearheaded the development of a digital currency called Toco that derives its value from the amount of carbon removed from Earth’s atmosphere.
Paul Rowett also cofounded Toco and serves as its...
Rain plans nation-wide 4G and 5G mobile services
Rain founder and director Michael Jordaan has revealed that it would launch country-wide mobile services.
Speaking on PSG Think Big, Jordaan said they would start with 4G, but it would ultimately also include 5G services.
Even Elon Musk cannot save Eskom — but private power will save South Africa
Venture capitalist and former FNB CEO Michael Jordaan believes not even Elon Musk could succeed as Eskom CEO, and anyone willing to take the helm after André de Ruyter leaves would have to be "crazy".
Bank Zero launches cash deposits and announces 2023 fees
Bank Zero has launched cash deposits at Shoprite and Pick n Pay — a feature it prioritised due to customer demand.
“Customers can deposit at any PnP or Shoprite till-point,” the bank state
Michael Jordaan and co-founder sell EasyCrypto for R61.3 million
Purple Group has bought out EasyCrypto, acquiring the remaining 49% shareholding from its founders, Earle Loxton and Michael Jordaan’s Montegray Capital, for R61.3 million.
The two founders will be paid in stock through the issue...
Michael Jordaan reveals his best investment — and which phone he uses
Michael Jordaan is one of South Africa's most respected and successful businessmen — and for very good reasons.
Under his tenure as CEO, FNB was named the most innovative bank globally, and it became the bank of choice in...
Rain's billionaires
African Rainbow Capital’s (ARC’s) interim results for the six months ended 31 December 2021 revealed that it values Rain at R16.6 billion, an increase of R287 million over the last six months.
The increased valuation is partly thanks to the mobile operator’s strong...
Bank Zero opens fully and unveils 2022 pricing
Bank Zero is now fully open for business, and the Bank Zero App is freely available in the App Store and in the Google Play Store.
What to study to become a top South African telecoms exec
Degrees in accounting, engineering, and commerce are three of the best types of qualifications to pursue if you wish to become a top telecommunications executive in South Africa.
We looked at the qualifications of several leading chief...
althon beukes
brandon leigh
calvo mawela
deon geyser
dietlof mare
gian visser
godfrey motsa
michaeljordaan
ralph mupita
shameel joosub
stephen van coller
Don't bet against Bank Zero
Bank Zero launched to the public on 10 August, offering a bank account with no monthly subscription fee and low transaction costs.
Bank Zero has a unique offering. It has no bank branches and relies entirely on its smartphone app for most transactions and engagements.
How Bank Zero makes money
Bank Zero founder Michael Jordaan said while they have no fees on many transactions, they make money through interest rate margins and interchange fees.
On Tuesday, Bank Zero officially launched to the public, offering a bank account with no monthly subscription fee...
Africa needs a single currency
A single currency for Africa will make it much easier to trade and invest across the continent, but because all countries are unlikely to agree on a central bank or monetary policy it will likely have to be a decentralised cryptocurrency.
This is the view of...
I've been using the month to month 4g package. I canceled in Feb. 1st of March I was still debited. On the site it shows next payment date 1st April. I have been trying to get hold of them. How do I remove my banking details. I was under the impression. That you pay for the month ahead. Reading...
Why Michael Jordaan invested in Rain, Bank Zero, and NMRQL
Michael Jordaan has invested in 25 ventures since he stepped down as FNB CEO, including Rain, Bank Zero, and NMRQL, which uses machine learning to make investments.
All these businesses operate in large markets – telecoms, banking, and...
Make sure your business can survive for 18 months - Michael Jordaan
Businesses should be realistic, look at the facts, and make tough choices to ensure they survive during the economic crisis caused by the coronavirus outbreak.
This is advice from former FNB CEO and venture capitalist Michael...
I would love to have a go at the banks – Michael Jordaan
Former FNB CEO Michael Jordaan said he would love to take on the banking industry, because new technologies make it possible to do things better and cheaper.