South Africa’s best-performing bank right now is going big on renewable energy
Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power pr...
FNB warns of revived scam targeting businesses
Financial services group FNB says that as small and medium enterprises (SMEs) increasingly migrate to digital channels, fraudsters have taken advantage of the opportunity to revive the old Advanced...
4 big changes the Reserve Bank is making in South Africa
South Africa’s central bank has revealed new changes to how it intends to conduct business in the future.
The biggest risk to South Africa right now, according to Absa
The latest Quarterly Perspective for Q3/22 reports that against the backdrop of surging inflation, rising unemployment and an increasingly desperate factional battle in the ANC – instability could ...
Banks are going after prescribed debt in South Africa – what you need to know
The Ombudsman for Banking Services (OBS) says it is receiving complaints from bank customers relating to creditors coming after prescribed debts – and it is now urging consumers to get informed abo...
The average take-home pay in South Africa right now
Rocketing inflation rates are taking a toll on the average salaried worker, data contained in the latest monthly BankservAfrica Take-home Pay Index (BTPI) shows.
SARB sends warning to South Africa’s biggest banks
The South African Reserve Bank’s (SARB) Prudential Authority has warned the country’s biggest banks that they are at high risk of being used for money laundering and terrorism funding.
Money laundering a high risk threat for South African banks
South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas lenders.
SARS fully automated assessments causing havoc for some
The South African Revenue Service’s new fully automated assessments are causing havoc for some taxpayers, says professional tax practitioner William Louw, from Sable International, who examines the...
TymeBank announces senior executive appointments
TymeBank has announced the appointment of three new executive committee members, all of whom will report directly to chief executive officer Coen Jonker, who took over the reins at the start of July.
Bank Zero co-founder Michael Jordaan points to slow, but solid progress
Michael Jordaan, co-founder of app-only bank Bank Zero says that it is progressing “slowly, but solidly”, following its launch in August 2021.
Online FinTech Conference 2022 – Nedbank executive Chipo Mushwana on a cashless society in South Africa
In this conference session, Nedbank’s Chipo Mushwana highlights the latest trends and technologies driving digital payments in South Africa.
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