Pepkor claims it now accounts for eight out of every 10 prepaid handsets sold in South Africa. The fintech segment was a standout performer in retailer Pepkor’s financial results for the year ended 30 September. In its annual results published today, the JSE-listed Pepkor says its fintech segment increased revenue by 31.1% to R16.6 billion…
South African discount retailer Pepkor Holdings has received regulatory approval to establish a banking presence, it said on Tuesday, as it expands beyond retail and basic financial services. Pepkor said in a statement that it had secured approval from the Prudential Authority in November, enabling it to enter South Africa’s competitive banking sector. The company…
JSE-listed discount retailer Pepkor Holdings’ lead as the distributor of the most prepaid handsets sold in South Africa continues to expand. In the company’s report for the year ended 30 September, released on Tuesday, Pepkor reported a 17% year-on-year increase in handset sales to 13.5 million units – 9.2 million of which were sold in…
Pepkor Lifestyle has confirmed that customer phone numbers were compromised in a data security incident that occurred at its third-party SMS marketing provider, Mobiz. The data breach affects customers of Pepkor Lifestyle’s retail brands, which include Incredible, HiFi Corp, Russels, Bradlows, Rochester, and Sleepmasters. Read: Valve unveils Steam Frame, a wireless standalone VR headset Pepkor…
