South Africa’s banking sector is preparing for a major change to the way ATMs and cash services operate, as the South African Reserve Bank (SARB) moves ahead with plans to create a national shared cas...
Nedbank has completed its acquisition of a 66% stake in East African banking group NCBA, giving the South African lender a major foothold in one of the continent’s faster-growing regions. The transact...
Standard Bank has underwritten a debt package that will unlock about R9 billion in investment for the Gautrain under its new 15-year public-private partnership (PPP) concession. The funding will suppo...
Standard Bank plans to double the size of its West African business by 2030 as it looks to benefit from economic reforms and stronger growth in key markets including Nigeria, Ghana and Ivory Coast. Th...
Africa is set to launch its own credit rating agency on Wednesday in a move aimed at providing an alternative to major global ratings companies and potentially reducing the cost of borrowing for Afric...
Capitec’s fintech operations are becoming an increasingly important contributor to the bank’s earnings, with value-added services and its mobile business delivering strong growth in the six months to ...
South African digital bank Bank Zero has reached break-even for the first time, recording the milestone in August 2026 as its deposit base more than doubled over the past year. The bank, which launche...
African Bank is facing another leadership change after group Chief Financial Officer (CFO) Anbann Chetti resigned with immediate effect. Chetti joined the bank as group CFO and executive director in A...
Capitec’s strong growth record has made it one of South Africa’s standout banking stories — but that success has also raised the bar for what investors expect next. The bank reported R16.8 billion in ...
A South African taxpayer was stunned after receiving a final demand from the South African Revenue Service (SARS) over an outstanding debt of just one cent. The taxpayer contacted Moneyweb after recei...
