Showing posts with category "banking"

Worries over South Africa being ‘greylisted’ – here’s what it could mean for you

The possibility of South Africa being greylisted by the Financial Action Task Force (FATF) could make doing business with the country even tougher.

Deutsche Bank to boost team in South Africa

Deutsche Bank AG is beefing up its investment banking team and services in Africa’s most developed economy as part of a plan to grow on the continent.

One of South Africa’s biggest banks says the shift to flexible working is paying off

Nedbank chief executive officer, Mike Brown, says that the group’s flexible working practices and real-estate optimisation strategy is leading to cost savings.

Nedbank reports strong earnings growth – lifts interim dividend

Nedbank Group on Wednesday (10 August) published its interim results for the six months ended June 2022 showing a strong performance across all key metrics in a “a complex and difficult external en...

Judge slams bank in South Africa over ‘copy and paste’ job

A Durban High Court judge has slammed Standard Bank and its lawyers for a shoddy application against a defaulting homeowner.

New features coming to eBucks and the FNB banking app

Banking group FNB says it will add a host of new features to eBucks and FNB Connect, including access to educational tools, more rewards partners and the addition of smart home devices to its store.

Investec has a R2 million budget for the private protection of its executives

Investec’s remuneration committee has proposed covering the personal security costs of its top executives in South Africa amid a rising crime rate.

Helping business flow – Coen Jonker discusses TymeBank’s growth in business banking

TymeBank CEO Coen Jonker says that the digital bank’s proposed acquisition of Retail Capital will allow it to build solutions that tap into the needs of undercapitalized small businesses.

SARS boss Kieswetter sends out strong tax message

The South African Revenue Service (SARS) has warned officials and the public against defrauding the entity as action will be taken against those who engage in criminality.

20 major projects planned for South Africa – including highway upgrades, a mega city and a new government district

Nedbank has published its latest capital expenditure project listing report, detailing some of the major fixed investment projects that are in the pipeline for South Africa.

4 big changes coming to TymeBank – including a huge shift to business banking

Digital bank TymeBank says it is set to bolster its business banking offering with a series of new initiatives, key of which is the proposed acquisition of Retail Capital, a fintech company that pr...

What to expect from the rand right now

The rand has continued to chip away at the dollar in recent sessions, with market concerns that the US Federal Reserve will slow the pace of its interest rate hikes, putting pressure on the greenback.