Standard Bank invests in digital platform OPay
The parties plan to explore African distribution channels for selected banking products and services.
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The parties plan to explore African distribution channels for selected banking products and services.
The 15-year concession includes eight new train sets, signalling upgrades and a digital ticketing overhaul.
Standard Bank will buy as much as 4.99% of Nigeria-focused fintech OPay as it files to list in New York.
Land Bank's Blended Finance Scheme is under renewed parliamentary scrutiny as demand outstrips available funding and farmers face delays that can have serious consequences for seasonal production.
Higher interest rates will put pressure on businesses' cash flow.
The lender says it is looking to cut costs.
Governor Lesetja Kganyago noted households are suffering.
Talks are ongoing with finance union, Sasbo.
High interest rates also did the bank no favours, as it recorded 'moderate growth' in its home loan portfolio.
Rate path hinges on a ceasefire in the Middle East and how quickly oil prices come down, economists say.
But this three-way tussle will be with us for some time yet ...
'There is a risk that someone could use it to try to impersonate you or contact you fraudulently.'
Capitec has the lowest minimum pay among major banks in South Africa.
Governor Lesetja Kganyago warned the ongoing Middle East war could interrupt the country's growth recovery.
Standard Bank's market capitalisation has remained above R500 billion over the past few days.
'We have not appeared before court for any fraud or assault charges.'
As its turbulent leadership transitions recur, African Bank risks living in the prism of two Charles Dickens novels – Great Expectations and Hard Times – as its competitors gallop ahead.
African Bank ran into trouble in 2014 after accumulating too many bad loans and suffering heavy losses.
Political fragmentation remains a concern in South Africa
Capitec Bank is widely considered one of the cheapest banks in South Africa.
While most economists said that the repo rate was too difficult to call, the MPC made the decision not to cut or increase.
As the gold price cracks $5 000/oz for the first time, Bank of America sees it going to $6 000/oz in the next few months.
The regional economy in Sub-Sahara Africa is forecast to expand by 4.3% in 2026, up from the World Bank's previous projection of 4.1% and an estimated 4.0% in 2025.
Clients commended Discovery Bank's service responsiveness, helpful staff, and high-quality support through social media and digital channels.
These enhancements reflect Discovery Bank’s commitment to delivering a personalised, intelligent banking experience that goes beyond traditional financial services.
Despite not being as prominent as some of its competitors, the bank still pays CEO Kennedy Bungane handsomely.
Former business associate claims Muhammad Karolia is a fraudster with a gambling problem.
Foreign exchange dealers must all make sure that they comply with Fica to ensure criminals do not use them to launder money or fund terrorism.