News

Standard Bank, FNB, Absa, and Nedbank have reduced their ATM footprints by a combined 8,516 machines in the past five years.
Four of South Africa's biggest and most prominent banks are shutting down their ATMs nationwide. Standard Bank, FNB, Nedbank ...
Serge Belamant spent decades working on foundational financial technologies like Saswitch and Visa’s COPAC. In 2017, he was ...
There’s great news for supporters of community savings, as a major South African bank will begin offering stokvels starting next year (2025). For those who are unfamiliar about the concept, a ...
The South African bank said Monday that group headline earnings grew by low-to-mid single digits in rand over the ten months ended Oct. 31 and by mid-teens on a constant currency basis.
South African digital banking platform TymeBank has raised $77.8 million in a pre-Series C round led by African-focused growth-stage fund Norrsken22 and Swiss global impact investment firm Blue ...
SAN FRANCISCO (MarketWatch) -- Barclays has raised its offer for South Africa's Absa to more than 82 rand ($13.73) a share, according to a published report Sunday. The British bank had previously ...
South African President Cyril Ramaphosa signed a law that will enable the government-owned Postbank to become a fully fledged state-owned commercial lender.