#FOCAC2024: Standard Bank champions China-Africa trade ties

[Katja Hamilton] At FOCAC 2024 in Beijing, Chinese President Xi Jinping highlighted the deepening China-Africa partnership...

Say goodbye to old EFTs: SA's banking system braces for change

[Katja Hamilton] As of Monday, 9 September, South African banks stopped processing EFT payments within the CMA. Cross-border payments shifted to the SADC-RTGS system...

#Women'sMonth: Lindeka Dzedze shares her vision for advancing women in finance

[Katja Hamilton] In this Women's Month Q&A, Lindeka Leeds Dzedze, Standard Bank’s Head of Strategic Partnerships, discusses financial inclusion, African development, and empowering women in finance...

#Women'sMonth: Uplifting South Africans through financial leadership at Nedbank

[Katja Hamilton] Inspired by her mother’s financial management, Vanesha Palani pursued banking to make a positive impact, reinforced by her intentional journey at Nedbank...

CrowdStrike disruption: Clients' personal data secure, Capitec reports

[Katja Hamilton] CrowdStrike reports many affected devices are back online after its update caused a major IT outage. Capitec Bank and other global businesses were disrupted, but services have been restored...

South African Reserve Bank faces R1bn loss on African Bank Holdings

[Katja Hamilton] The Sarb incurred a nearly R1bn loss on its African Bank Holdings investment, necessitating intervention and equity restructuring...

#AfricaMonth: Kennedy Bungane champions Africanbank's expansion

[Katja Hamilton] African Bank's IPO journey reflects resilience, adaptability, and expansion, transitioning from micro-lender to retail and commercial bank, fortifying industry presence...

BNP Paribas no longer operating in South Africa

[Danette Breitenbach] BNP Paribas is technically not operating as a bank in South Africa...

SA Post Office: Union deal halts layoffs at the 11th hour

[Katja Hamilton] The South African Post Office and unions like Communication Workers Union, retract retrenchment notices in sudden change of plans...

Nthabeleng Likotsi champions the first majority Black women-owned mutual bank

[Katja Hamilton] YWBN Mutual Bank is now officially registered, aiming for a 2025 launch...

Dlamini-Zuma sets stage for launch of new bank in South Africa

[Katja Hamilton] The country is preparing itself for a new bank, SAIFSC, initiated by the DWYPD, which aims to serve marginalised groups...

The South African Reserve Bank's Kuben Naidoo has stepped down

[Katja Hamilton] The central bank's deputy governor Kuben Naidoo resigns, impacting monetary policy dynamics...

Investec stands alone as sole South African bank facing charges in rand manipulation case

[Katja Hamilton] In the face of the ongoing South African rand manipulation case, Investec remains steadfast in defending itself against the allegations that its currency traders were involved in a co-ordinated scheme to manipulate the dollar-rand pairing over a decade ago...

Landmark ruling: Dismissal of key banks in rand manipulation case

[Katja Hamilton] Decisive shift: Key banks cleared as Competition Appeals Court dismisses rand manipulation case...

Postbank reports R2bn loss, social grant chaos persists

[Katja Hamilton] Postbank reported a R2bn loss for 2022/2023, attributing it to social grant costs. Social grant disruptions persist in KwaZulu-Natal and Mthatha...

Daniel Munslow takes helm as managing executive of Group Communications at Absa

[Katja Hamilton] A seasoned communication and reputation expert, Daniel Munslow, became Absa Group's Managing Executive of Group Communications on August 15, 2023...

Mzansi's financial savviness surges: Banks must adapt to the shift in customer psychographics - Ask Afrika

[Sarina de Beer] Banks play an important role in most people's lives, matching up creditors and borrowers, enabling domestic and international payments systems and, ultimately, making financial inclusion a reality...

Postbank plans for state bank underway

[Katja Hamilton] Parliament is in the process of finalising the amendment to the Postbank Act which will see government owning Postbank...

Upgrade on the cards for Discovery Bank app

[Katja Hamilton] Every time Vitality members achieve a goal, they get to choose between an instant coffee and a play on the gameboard to earn Discovery Miles to spend on rewards of their choice in the Vitality Mall...

Nedbank: Spirit of giving is alive and well among SA's high net worth individuals

[Katja Hamilton] Philanthropic giving in South Africa is sound and healthy to the extent that we are giving for the reason of wanting to do good...