The South African Multifamily Residential Rental Association (SAMRRA) has announced that Absa has joined as its newest member ...

Absa, FNB, Nedbank, and Standard Bank have reduced their ATM networks by a combined 8,516 machines since 2019, while Capitec ...

Capitec Bank partners with fintech Mama Money to lower cross-border remittance fees for millions of South African migrants, ...

Bridging the widening natural catastrophe insurance protection gap is part of building macro financial resilience, which ...

Following a recent interest rate cut by the South African Reserve Bank, the automotive industry expresses optimism about ...

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 ...

South Africa’s major banks have seen a jump in non-performing loans, and insurers have had to deal with a rise in lapsed ...

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.

South Africa’s biggest banks are increasingly relying on the rest of the continent to make money as an economic recovery at home ebbs ever further away. The Big Four make the bulk of their ...

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 ...