https://www.bizcommunity.com/196/163.html South Africa Banking & Finance news 15 Banking & Finance news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/163.html en-us Fri, 19 Jun 2026 23:28:15 +0200 https://www.bizcommunity.com/article/gsma-calls-for-investment-and-policy-reform-to-unlock-africas-digital-potential-286587a Africa’s mobile industry contributed $240bn to the continent’s economy in 2025, equivalent to 7.8% of GDP, while supporting approximately 13 million jobs and generating $45bn in public revenues. 1-269060 Wed, 17 Jun 2026 11:40:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/townships-tap-into-digital-payments-to-create-income-for-unemployed-residents-519830a The growing use of mobile banking apps, QR codes and digital payment platforms is gradually changing how transactions take place in many townships, local communities and informal trading spaces. 1-269046 Mon, 15 Jun 2026 13:38:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/spar-group-ceo-isaacs-targets-retailers-with-plans-to-restore-margins-845623a The Spar Group have released its interim results for the six months ended 27 March 2026, marking a decisive financial and operational reset for the organisation. 1-268909 Wed, 10 Jun 2026 10:08:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/mr-price-shares-jump-after-annual-earnings-climb-734952a Shares in South African fashion retailer Mr Price jumped almost 15% on Friday, 5 June 2025, as a steady dividend and easing concerns over its NKD acquisition buoyed sentiment, even as annual earnings rose only a modest 2.4%. 1-268842 Mon, 08 Jun 2026 11:29:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/tfg-shows-growth-amid-challenging-conditions-845913a TFG has revealed its roup performance for FY26 that was adversely affected by a weaker second half, as trading conditions deteriorated across all operating regions. The impact of softer peak-season demand and lower gross margins resulted in negative operating leverage. 1-268799 Fri, 05 Jun 2026 10:50:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/xtra-savings-shoppers-get-one-month-free-pet-cover-after-r1000-spend-401509a As South Africa’s pet economy continues to evolve, retailers are increasingly looking beyond traditional product offerings to strengthen customer value propositions and address changing consumer needs. 1-268765 Thu, 04 Jun 2026 11:21:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/discount-retailer-pepkor-to-launch-bank-in-april-2027-623021a South African discount retailer Pepkor plans to launch its bank in April 2027, aiming to leverage its extensive store footprint nationwide to attract 1.8 million primary banking customers within five years, executives recently said. 1-268661 Tue, 02 Jun 2026 09:49:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/pepkor-shows-growth-as-revenue-jumps-13-to-r548bn-178036a JSE-listed Pepkor Holdings Limited has reported a 13.2% increase in group revenue to R54.8bn and 12.1% growth in normalised headline earnings per share (HEPS) for the six months ended 31 March 2026 (H1FY26), delivered off a strong prior-year base that increased by 19.2%. 1-268438 Tue, 26 May 2026 10:32:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.com/article/pick-n-pays-comeback-era-is-here-and-starting-to-deliver-623501a Pick n Pay is showing solid progress in its multi-year turnaround plan, with stronger operations, rising online sales, and major structural changes starting to take shape , even as tough decisions around costs and labour continue. 1-268401 Tue, 26 May 2026 09:52:00 +0200 Bizcommunity Banking & Finance South Africa https://www.bizcommunity.africa/article/africa-200-ranking-reflects-growing-confidence-of-pan-african-brands-067915a South African brands dominate the Africa 200 2026 report by Brand Finance, accounting for 71% of total brand value, with 104 brands worth $44.6bn. Africa’s top 200 brands have grown by 11% to reach a combined value of $62.6bn in 2026, driven by strong performance across the banking, telecoms, and retail sectors. 1-268427 Tue, 26 May 2026 07:03:00 +0200 Bizcommunity Banking & Finance South Africa