Banking

We opened an account with South Africa’s newest bank TymeBank – This is how it works

TymeBank has soft launched in South Africa, allowing users to open a bank account online. The bank is owned by Patrice Motsepe and had signed up 1,800 clients since its soft launch last week said CEO Sandile Shabalala. TymeBank is positioned as a digital-first bank and promises no monthly account fees and competitive interest rates. “TymeBank is a new kind of bank that’s digitally smart. The money we save by not having

The nightmare of being blacklisted by Telkom

In recent months, MyBroadband has received a flood of complaints from Telkom customers who have been unable to cancel their accounts. In many cases, these customers’ accounts were only successfully cancelled after MyBroadband followed up with Telkom on their cases. Unfortunately for customers, Telkom has stated that all of its cancellations are processed through the same system, meaning that everyone from ADSL to mobile customers can be affected by this