Showing posts with category "banking"

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...

November 21, 2022
tags
banking

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...

November 27, 2022
tags
banking

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.

November 22, 2022
tags
banking

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 ...

November 24, 2022
tags
banking

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...

November 28, 2022
tags
banking

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.

November 24, 2022
tags
banking

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.

November 23, 2022
tags
banking

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.

November 24, 2022
tags
banking

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...

November 28, 2022
tags
banking

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.

November 28, 2022
tags
banking

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.

November 23, 2022
tags
banking

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.

November 19, 2022
tags
banking