South Africa’s banks face a R60 billion lawsuit for allegedly selling homes unlawfully and under market value.

S&P Global Ratings has upgraded African Bank's credit rating to ‘B+’, citing a stable outlook and improved financial performance, while affirming ratings for other local banks. CEO Kennedy Bungane hig ...

Absa's attempt to recover R6. 7 million from Gola Trading and Projects has been thwarted by the South Gauteng High Court, ...

East Africa is rapidly emerging as a testing ground for the future of digital finance, where the promise of cryptocurrencies ...

In addition, the latest figures from the different banks in SA show that Standard Bank has around 12 million local clients, Absa has 12.7 million, FNB has 8.6 million, and Nedbank has 7.6 million.

Much like brick-and-mortar retailers, there are numerous ways in which online stores can save money while building their ...

It could still function as a going concern," he added. South Africa's largest retail bank raised its stake in Meeg to 74.5 percent from 49.7 percent for R53 million in cash.

Absa’s particulars of claim stated that as at 23 May 2023, Gola owed R5 276 441.91, supported by a certificate of balance from the bank’s recovery department.

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a €19.6 million financing package to support the Cabeólica Phase II Expansion Project in Cabo Verde. The ...

A burgeoning population, projected to surge by about 25% to 79-million in SA and a staggering 63% across Africa by 2050, will dramatically escalate the demand for food production.