Absa has delivered stronger half-year results under CEO Kenny Fihla, although weaker performance across its African operations remains a challenge. The bank reported an 8% increase in headline earning...
The rand remained relatively stable this week, trading around R16.19 to the US dollar as softer US inflation helped support market sentiment. Attention now turns to South Africa’s July inflation figur...
Standard Bank has posted another record performance, with headline earnings rising 10% to R26.1 billion for the first half of 2026. The results put the banking group on track for more than R50 billion...
South African fintech company VezoPay is expanding its battery-free tap-to-pay smart ring to more banks, with Investec and Absa now supporting the wearable payment technology. The latest additions tak...
South Africa’s rand is drawing renewed interest from global investors, with government bonds recording their strongest weekly foreign inflows since January. Foreign investors bought a net R23.1 billio...
Private broadcaster Al-Ahrar reported on Monday that Issa had confirmed his resignation. Libya’s parliament, based in the country’s east, appointed Issa and deputy governor Miree al-Barasee in Septemb...
The South African rand remained relatively steady against the US dollar in early trade on Friday, 7 August 2026, trading at around R16.35/$ after weakening slightly in the previous session. Markets re...
ByteDance, the Chinese technology company behind TikTok, is reportedly developing an artificial intelligence model with as many as 10 trillion parameters, potentially making it one of the largest AI s...
Capitec’s proposed acquisition of South African payments fintech Walletdoc has moved a step closer after the Competition Commission recommended approval of the deal, subject to conditions aimed ...
Nedbank believes its latest expansion into East Africa will deliver stronger long-term growth after its previous investment in West Africa failed to meet expectations. The banking group recently annou...
