https://www.bizcommunity.com/196/518.html South Africa Financial Services news 15 Financial Services news - South Africa https://www.bizcommunity.com/res/img/logo.gif https://www.bizcommunity.com/196/518.html en-us Thu, 25 Jun 2026 09:24:21 +0200 https://www.bizcommunity.com/article/your-bank-will-not-cover-everything-personal-cyber-insurance-might-842833a There is a common assumption that when something goes wrong online, the bank sorts it out. It is an understandable belief, and for some types of fraud, it holds up. But it is far from the whole picture, and the gap between what people expect and what they are actually covered for is growing wider as cybercrime in South Africa becomes more sophisticated and more personal. 1-269189 Mon, 22 Jun 2026 11:07:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/good-credit-better-futures-financial-lessons-for-south-africa-youth-408719a As South Africa marks Youth Month, financial experts are urging young people to look beyond budgeting and saving to another critical tool for building long-term financial independence: credit. The National Debt Counsellors (NDC) says responsible credit use can help unlock opportunities such as education, homeownership and entrepreneurship. 1-269055 Wed, 17 Jun 2026 15:06:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/trade-finance-is-not-the-constraint-coordination-is-519840a There is rarely one reason for a trade transaction’s failure. A buyer and supplier agree on the commercial terms, the funding discussion begins, and the goods appear ready to move. Then the documentation does not match the contract, shipment dates shift, inspection requirements are misunderstood, or assumptions about foreign exchange turn out wrong. What looked like a finance issue is often a coordination issue. 1-269076 Wed, 17 Jun 2026 10:42:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/kora-brings-local-payment-options-to-airlines-expanding-across-africa-620971a Payment infrastructure platform Kora has joined the International Air Transport Association’s (IATA) Financial Gateway (IFG), expanding access to Africa’s payment ecosystem for airlines and travel businesses worldwide. 1-269021 Mon, 15 Jun 2026 09:23:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/the-advice-gap-why-young-south-africans-stopped-asking-professionals-what-to-do-175456a Two-thirds of Gen Z now turn to social media to make financial decisions. Roughly one in seven rely on AI to answer their money questions. For Pedri Reyneke, chief executive officer of Multilink Financial Services, that is not the story of a reckless generation, but rather one of a generation that has been underserved. 1-269008 Mon, 15 Jun 2026 09:10:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/coronation-opens-the-door-to-the-investment-industry-for-young-south-africans-956724a As students prepare to enter the workforce, many are grappling with questions that previous generations never had to consider, such as how AI will impact their careers, and which skills will continue to be in demand. These topics were explored during a Youth Month engagement between Coronation CEO Anton Pillay and students from across the Western Cape. 1-268994 Fri, 12 Jun 2026 10:44:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/private-capital-steps-up-traxtion-secures-86m-for-sa-rail-reform-408789a Independent rail operator Traxtion has finalised an $86m (around R1.4bn) equity capital raise designed to accelerate the revitalisation of the rail network across South Africa and the broader subcontinent. 1-269005 Fri, 12 Jun 2026 10:28:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/kennedy-steps-up-to-drive-citadels-next-chapter-in-wealth-management-623491a Citadel has appointed John Kennedy as head of wealth management, placing a 25-year company veteran at the helm of a business that advises nearly 11,000 clients and oversees R430bn in assets under management and advice. 1-268991 Fri, 12 Jun 2026 09:55:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/alexforbes-posts-strong-results-as-assets-under-management-jump-22-401219a Alexforbes has reported a strong financial performance for the year ended 31 March 2026, with assets under management and administration rising 22% to R733bn. 1-268955 Thu, 11 Jun 2026 13:30:00 +0200 Bizcommunity Financial Services South Africa https://www.bizcommunity.com/article/standard-chartered-bank-says-reforms-win-back-investors-to-africa-623431a African governments from Nigeria to Uganda have lured foreign funders ranging from export credit agencies and private investors to the Gulf as years of painful reforms have a beneficial impact, Standard Chartered’s Africa chief executive, noted. 1-268951 Thu, 11 Jun 2026 09:26:00 +0200 Bizcommunity Financial Services South Africa