Banking news

Source: Supplied. African Bank chief executive officer, Kennedy Bungane.

R600m to be paid to funders of legacy African Bank

Image supplied. Nedbank's Roblox Chow Town campaign engages pre-teens in an interactive and educational gaming experience within the virtual world of Roblox

Influencers promote Nedbank's online gaming platforms to improve youth financial literacy

3 days

Image supplied. The SpendTrend 2024 report, a collaboration between Discovery Bank and Visa analyses credit card spending behaviour to understand consumer spending habits

SpendTrend 2024: Resilient South Africans adapt to challenging economic conditions

By Danette Breitenbach 9 Apr 2024

Commercial players pounce on distressed residential rental market

Commercial players pounce on distressed residential rental market

27 Nov 2014

Repo rate unchanged at 5.75%

Repo rate unchanged at 5.75%

21 Nov 2014

Nedbank awards staff for contribution to social upliftment

Nedbank awards staff for contribution to social upliftment

21 Nov 2014

Sarb's decision to leave interest rate unchanged is good news for home buyers

21 Nov 2014

[MRMW] Understanding human behaviour to improve mobile research design

[MRMW] Understanding human behaviour to improve mobile research design

Leigh Andrews 14 Nov 2014

Investec Bank named best private bank in SA

Investec Bank named best private bank in SA

13 Nov 2014

AfrAsia Bank records strong increase in operating profit

AfrAsia Bank records strong increase in operating profit

12 Nov 2014

Growthpoint at the forefront of the green building movement in SA

Growthpoint at the forefront of the green building movement in SA

6 Nov 2014

Government must control spending: deputy minister

Government must control spending: deputy minister

6 Nov 2014

Standard Bank ranks 19th in top greenest banks list

Standard Bank ranks 19th in top greenest banks list

3 Nov 2014

Trustco appoints BNY Mellon as depository bank

Trustco appoints BNY Mellon as depository bank

31 Oct 2014

Japan's ratings agency R&I has downgraded South Africa’s foreign and domestic currency ratings to “BBB+” and “A-” respectively. Image: Ddpavumba

SA government 'notes' ratings downgrade by Japan

31 Oct 2014

RAF's Eugene Watson says a record R22.2bn was paid out to claimants by the RAF in the previous financial year but points out that there are still 232,285 claims waiting to be resolved. Image:

Crash survivors get R22.2bn from RAF

30 Oct 2014

Momentum's Wayne McCurrie says he doubts if the improvement in Shoprite's results are a result of higher consumer spending but driven more by its gaining market share from other retailers. Image: Twitter

Shoprite's strong results despite consumer cut backs

29 Oct 2014

Biometrics have a bright future in mobile banking

Biometrics have a bright future in mobile banking

23 Oct 2014

South Africa's current account deficit has widened to about 5.5% of gross domestic product according to figures released by the National Treasury in the MTBPS this week. Image:

Current account deficit grows

23 Oct 2014

Public Enterprises Minister Lynne Brown believes state-owned enterprises have a responsibility to make profits for the government. Image: GCIS

Higher profit pressure faces state-owned enterprises

Neo Semono 23 Oct 2014

Standard Bank to implement IBM's Watson technology

Standard Bank to implement IBM's Watson technology

21 Oct 2014

Allegations that President Jacob Zuma is shirking his Parliamentary obligations have been discounted by the Office of the President. Image: GCIS

Zuma will maintain Parliamentary obligations

20 Oct 2014

Oasis Crescent Property Fund has increased its distribution to 50.2 cents a unit, an rise of 13,8%. Image: JSCreationzs

Oasis Crescent's distribution of 50.2c a unit

17 Oct 2014

Zimbabwe: Africa's first cashless society?

Zimbabwe: Africa's first cashless society?

Sulaiman Philip 15 Oct 2014

Councillor Moses Makwakwa says Ekurhuleni is trying to make account payments easier for its residents and in addition to its website, payment services through a range of stores and even via electronic funds transfer, it is now introducing kiosks in major malls to provide services to residents. Image: YouTube

Mall payment kiosks for Ekurhuleni residents

13 Oct 2014

Investec announces winners of 2014 Junior Innovators competition

Investec announces winners of 2014 Junior Innovators competition

10 Oct 2014

Cooperative Governance and Traditional Affairs Minister Pravin Gordhan says 170 financial officers in municipalities do not have proper qualifications. Image: GCIS

Gordhan threatens municipal managers

9 Oct 2014

African Bank's Nithia Nalliah will retire by 2015 or as soon as a suitable replacement for him has been found. Image: YouTube

African Bank's Nalliah to retire early

Evan Pickworth 9 Oct 2014

KwaZulu-Natal MEC for Co-operative Governance and Traditional Affairs, Nomusa Dube-Ncube says incompetent CFOs or those who lied about qualifications should be fired. Image:

Incompetent CFOs should be fired says Dube-Ncube

8 Oct 2014

SA's Ambassador to Italy, Nomatemba Tambo presenting her credentials to Italian President Giorgio Napolitano. Image:

Growing investment interest in SA

7 Oct 2014

THE-A's Carmelo Cocuzza says the bank is keen to invest in tertiary education and small and medium enterprises in South Africa having put more than €1bn into South Africa since 1994. Image: LinkedIn

THE-A to invest in tertiary education and businesses in SA

7 Oct 2014

Old Mutual's Craig Aitchison says he was surprised by the positive response that emerged from a survey into legislation that everyone should contribute to a retirement fund. Image:

Opinions divided over state-sponsored pensions

Evan Pickworth 3 Oct 2014

Minister of Trade and Industry Rob Davies says the R100m Gold Loan Scheme is expected to boost local jewellery production and encourage imports. Image: GCIS

R100m Gold Loan Scheme for SA jewellers

2 Oct 2014

More news

Repo rate unchanged at 5.75%

Repo rate unchanged at 5.75%

21 Nov 2014

Nedbank awards staff for contribution to social upliftment

Nedbank awards staff for contribution to social upliftment

21 Nov 2014

Sarb's decision to leave interest rate unchanged is good news for home buyers

21 Nov 2014

[MRMW] Understanding human behaviour to improve mobile research design

[MRMW] Understanding human behaviour to improve mobile research design

Leigh Andrews 14 Nov 2014

Investec Bank named best private bank in SA

Investec Bank named best private bank in SA

13 Nov 2014

AfrAsia Bank records strong increase in operating profit

AfrAsia Bank records strong increase in operating profit

12 Nov 2014

Growthpoint at the forefront of the green building movement in SA

Growthpoint at the forefront of the green building movement in SA

6 Nov 2014

Government must control spending: deputy minister

Government must control spending: deputy minister

6 Nov 2014

Standard Bank ranks 19th in top greenest banks list

Standard Bank ranks 19th in top greenest banks list

3 Nov 2014

Trustco appoints BNY Mellon as depository bank

Trustco appoints BNY Mellon as depository bank

31 Oct 2014

Japan's ratings agency R&I has downgraded South Africa’s foreign and domestic currency ratings to “BBB+” and “A-” respectively. Image: Ddpavumba

SA government 'notes' ratings downgrade by Japan

31 Oct 2014

RAF's Eugene Watson says a record R22.2bn was paid out to claimants by the RAF in the previous financial year but points out that there are still 232,285 claims waiting to be resolved. Image:

Crash survivors get R22.2bn from RAF

30 Oct 2014

Momentum's Wayne McCurrie says he doubts if the improvement in Shoprite's results are a result of higher consumer spending but driven more by its gaining market share from other retailers. Image: Twitter

Shoprite's strong results despite consumer cut backs

29 Oct 2014

Biometrics have a bright future in mobile banking

Biometrics have a bright future in mobile banking

23 Oct 2014

South Africa's current account deficit has widened to about 5.5% of gross domestic product according to figures released by the National Treasury in the MTBPS this week. Image:

Current account deficit grows

23 Oct 2014

Public Enterprises Minister Lynne Brown believes state-owned enterprises have a responsibility to make profits for the government. Image: GCIS

Higher profit pressure faces state-owned enterprises

Neo Semono 23 Oct 2014

Standard Bank to implement IBM's Watson technology

Standard Bank to implement IBM's Watson technology

21 Oct 2014

Allegations that President Jacob Zuma is shirking his Parliamentary obligations have been discounted by the Office of the President. Image: GCIS

Zuma will maintain Parliamentary obligations

20 Oct 2014

Oasis Crescent Property Fund has increased its distribution to 50.2 cents a unit, an rise of 13,8%. Image: JSCreationzs

Oasis Crescent's distribution of 50.2c a unit

17 Oct 2014

Zimbabwe: Africa's first cashless society?

Zimbabwe: Africa's first cashless society?

Sulaiman Philip 15 Oct 2014

Councillor Moses Makwakwa says Ekurhuleni is trying to make account payments easier for its residents and in addition to its website, payment services through a range of stores and even via electronic funds transfer, it is now introducing kiosks in major malls to provide services to residents. Image: YouTube

Mall payment kiosks for Ekurhuleni residents

13 Oct 2014

Investec announces winners of 2014 Junior Innovators competition

Investec announces winners of 2014 Junior Innovators competition

10 Oct 2014

Cooperative Governance and Traditional Affairs Minister Pravin Gordhan says 170 financial officers in municipalities do not have proper qualifications. Image: GCIS

Gordhan threatens municipal managers

9 Oct 2014

African Bank's Nithia Nalliah will retire by 2015 or as soon as a suitable replacement for him has been found. Image: YouTube

African Bank's Nalliah to retire early

Evan Pickworth 9 Oct 2014

KwaZulu-Natal MEC for Co-operative Governance and Traditional Affairs, Nomusa Dube-Ncube says incompetent CFOs or those who lied about qualifications should be fired. Image:

Incompetent CFOs should be fired says Dube-Ncube

8 Oct 2014

SA's Ambassador to Italy, Nomatemba Tambo presenting her credentials to Italian President Giorgio Napolitano. Image:

Growing investment interest in SA

7 Oct 2014

THE-A's Carmelo Cocuzza says the bank is keen to invest in tertiary education and small and medium enterprises in South Africa having put more than €1bn into South Africa since 1994. Image: LinkedIn

THE-A to invest in tertiary education and businesses in SA

7 Oct 2014

Old Mutual's Craig Aitchison says he was surprised by the positive response that emerged from a survey into legislation that everyone should contribute to a retirement fund. Image:

Opinions divided over state-sponsored pensions

Evan Pickworth 3 Oct 2014

Minister of Trade and Industry Rob Davies says the R100m Gold Loan Scheme is expected to boost local jewellery production and encourage imports. Image: GCIS

R100m Gold Loan Scheme for SA jewellers

2 Oct 2014

Nedbank invests R1.3bn in Newtown Junction development

Nedbank invests R1.3bn in Newtown Junction development

29 Sep 2014

The Ebola virus which is devasting parts of West Africa as more and more people die from the disease. Image:

State asks private companies to donate to an Ebola fund

26 Sep 2014

The appointment of Thomas Moyane as SARS new Commissioner has been welcomed by tax practitioners in South Africa. Image:

Thomas Moyane is the new SARS Commissioner

Evan Pickworth 25 Sep 2014

Standard Bank's prime lending rate stays unchanged

Standard Bank's prime lending rate stays unchanged

23 Sep 2014

Reserve Bank Governor Gill Marcus has left the repo rate unchanged but announced that she will be leaving the organisation in November. Image: Reserve Bank

Repo rate remains at 5.75%

19 Sep 2014

Digital revolution will impact on Africa's banking sector

Digital revolution will impact on Africa's banking sector

Frederic Guillou 17 Sep 2014

Last year MTN's Chief Executive Sifiso Dabengwa said MTN intended to spend $8bn on an acquisition but he would not say what the acquisition was. Image: MTN

MTN bumps up its loan facilities

Samuel Mungadze 17 Sep 2014

Understanding cyber-criminals is key to prevent attacks

Understanding cyber-criminals is key to prevent attacks

William Lawrence 11 Sep 2014

Debit order system a convenient service

Debit order system a convenient service

8 Sep 2014

Sanlam has seen earnings rise by 27% in the first six months of this year with strong performances from its different life assurance and short-term insurance divisions. Image: Master Isolated

Sanlam earnings up 27% in six months to June

5 Sep 2014

Finance Minister Nhlanhla Nene has assured South Africans that their pension funds will not be nationalised and that pension reforms are aimed at reducing charges imposed by fund managers and trustees. Image: GCIS

Nene assures South Africans their pensions are safe

5 Sep 2014

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