Luke Fraser on Muck Rack

Luke Fraser

Verified
Gauteng
As seen in: BusinessTech, MyBroadband, The Namibian, Mondaq, Coinpaper, Pearls and Irritations, Africa Focus News
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Articles

End of an era for Woolworths

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By Luke Fraser Verified
| BusinessTech Verified
Woolworths Group CEO Sam Ngumeni has announced a series of leadership changes, with the group looking to end an operating model that has not kept pace with its ambitions. Ngumeni took over as group CEO at the start of the month, succeeding Roy Bagattini. He previously served as group COO, Woolworths Food CEO, group Director of HR & Transformation, and Woolworths Financial Services CEO.
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Say goodbye to ATMs as you know them in South Africa

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By Luke Fraser Verified
| BusinessTech Verified
The South African Reserve Bank (SARB) has proposed a major change to South Africa’s ATM system, aiming to end branded ATMs nationwide. This will see the rollout of white-label ATMs that are independent and not part of the nation’s traditional bank-owned ATM infrastructure. White-label ATMs are independently owned machines—not tied to a specific bank—that allow customers from any bank to withdraw cash and transact.
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Major European finance company lands in South Africa

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By Luke Fraser Verified
| BusinessTech Verified
Capital.com has received regulatory approval to start operating in South Africa, with plans to offer contracts for difference (CFDs) across more than 5,000 markets. Capital.com received dual regulatory approval from South Africa’s Financial Sector Conduct Authority (FSCA). The Cypriot company operates a technology-led trading platform and has been authorised as an Over-the-Counter Derivatives Provider (ODP) and a Category 1 Financial Services Provider (FSP).
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