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Standard Bank, FNB, Absa, and Nedbank have reduced their ATM footprints by a combined 8,516 machines in the past five years.
Paymentology, a global issuer-processor, has launched a new mobile-first card management platform, PayoCard, to help digital ...
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Bizcommunity.com on MSNSouth Africa: Rate cuts boost savings, drive housing demandThis was the sentiment of Rhys Dyer, chief executive officer of the ooba Group who welcomed the announcement by the South ...
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% ...
Nedbank plans to sell its 21.2% stake in Ecobank, citing regulatory uncertainty and lack of expected synergies.
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 ...
South Africa closes the first cycle of G20 presidencies with a call to refocus on development, equality, and cooperation amid rising fragmentation in the global order.
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.
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