michael jordaan

  1. Hanno Labuschagne

    Bank Zero gets new prices for 2024

    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.
  2. Jan

    African Rainbow Capital confirms Rain will launch mobile services "soon"

    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...
  3. Jan

    Michael Jordaan answers questions about AI Asset Management and AI Capital

    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...
  4. Jan

    Vumatel founders launch carbon credit-based digital currency, backed by Michael Jordaan (Toco)

    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...
  5. Jan

    Rain plans to launch national 4G and 5G mobile services with "very attractive" packages

    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.
  6. Jan

    Michael Jordaan: Even Elon Musk cannot save Eskom

    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".
  7. Jan

    Bank Zero cuts card delivery fees and launches cash deposits with Pick n Pay and Shoprite

    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
  8. Jan

    EasyEquities buys the rest of EasyCrypto from Michael Jordaan (and co-founder)

    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...
  9. Jan

    Michael Jordaan's best investment - and his smartphone of choice

    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...
  10. Jan

    Rain's investors are smiling

    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...
  11. Jan

    Bank Zero launches - no more waiting list

    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.
  12. Jan

    Qualifications of top South African telecoms execs compared

    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...
  13. Jan

    Bank Zero's top dogs

    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.
  14. Jan

    Bank Zero - how a bank that charges no fees makes money

    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...
  15. Hanno Labuschagne

    Africa needs a single currency

    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...
  16. T

    Why can't I remove my banking details from rain.

    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...
  17. J

    Why Michael Jordaan invested in Rain, Bank Zero, and NMRQL

    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...
  18. J

    Make sure your business can survive for 18 months - Michael Jordaan

    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...
  19. Kevin Lancaster

    I would love to have a go at the banks – Michael Jordaan

    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.
  20. Kevin Lancaster

    2 most important things to start a successful tech business: Michael Jordaan

    2 most important things to start a successful tech business: Michael Jordaan Former FNB CEO Michael Jordaan shares his advice on how to start a successful business, and which fields he is currently focussing on.
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