Banking News

Source: The Polihali Dam wall under construction. Photo: Sechaba Mokhethi.

Villagers lodge complaint with African Development Bank against Lesotho Highlands Water ProjectSechaba Mokhethi

Source: Reuters/Aly Song

Brics-backed bank plans first Indian rupee-denominated bond by end-March, sources sayGopika Gopakumar

Nedbank Pitch & Polish announces top 8 contestants for 2025 competition

Nedbank Pitch & Polish announces top 8 contestants for 2025 competition

Source: .

African Bank launches first-ever social bond, raising R700m for ESG goals

The contract between SASSA and Postbank is to be terminated this month. But Postbank has approached the court to get this set aside, saying it will have “severe consequences for vulnerable citizens”. Archive photo: Ashraf Hendricks

Court battle over the end of Postbank’s agreement with SassaMarecia Damons

Source: Reuters.

Bank of America names Iles, Poensgen to lead EMEA dealmaking

Source: Supplied. Richard Stout, Head of Equity Capital Markets, South Africa & sub-Saharan Africa at Standard Bank Corporate and Investment Banking (CIB).

Standard Bank orchestrates landmark R44.1bn ECM deal

FNB leverages DFI partnerships to expand SME funding in SA

FNB leverages DFI partnerships to expand SME funding in SA

The deadline for the phasing out of SASSA’s Gold Card has been extended for 15 months. Graphic: Lisa Nelson

New deadline for phase-out of Sassa Gold Cards

Source: Reuters/Aly Song

Brics-backed bank plans first Indian rupee-denominated bond by end-March, sources say

By Gopika Gopakumar 14 hours

Nedbank Pitch & Polish announces top 8 contestants for 2025 competition

Nedbank Pitch & Polish announces top 8 contestants for 2025 competition

3 days

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Bank fraud loss runs to R570m

Bank fraud loss runs to R570m

Allan Williams 4 Dec 2014

Integrated wholesale business by Nedbank is on the cards

Integrated wholesale business by Nedbank is on the cards

27 Nov 2014

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

Image source:

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

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