News

Standard Bank, FNB, Absa, and Nedbank have reduced their ATM footprints by a combined 8,516 machines in the past five years.
This was the sentiment of Rhys Dyer, chief executive officer of the ooba Group who welcomed the announcement by the South ...
Paymentology, a global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital ...
Absa, FNB, Nedbank, and Standard Bank have reduced their ATM networks by a combined 8,516 machines since 2019, while Capitec ...
As the multifamily model continues to deliver consistent occupancy above 95%, collections above 98%, and bad debt below 1% ...
Today, about 20% of South Africans do not have bank accounts, compared with about 50% in 2000. That’s good progress in the view of Kuben Naidoo, banks registrar and deputy governor at the South ...
Summary South Africa's banks are bracing for further economic turmoil, which could dent their trade finance revenues and expose their overdependence on sovereign bond holdings. The probable loss ...
Following a recent interest rate cut by the South African Reserve Bank, the automotive industry expresses optimism about ...
At most banks in South Africa, that sum would barely cover monthly service fees. Banking analysts estimate only 5 million to 6 million of South Africa's 45 million people have bank accounts.
A top South Africa regulator is planning to require financial institutions to unveil their plans for boosting spending on customer education as it seeks to improve the lives of consumers in a ...