Showing posts with category "banking"

Banks warn of new scam targeting customers in South Africa

Fraud continues to pose the risk of serious financial losses for banking customers, and all indicators point towards the fact that there are new scams and an increasing number of the victims, says ...

January 28, 2022
tags
banking

South African Reserve Bank hikes rates

The South African Reserve Bank’s Monetary Policy Committee (MPC) has decided to raise the repo rate to 4% per annum.

January 27, 2022
tags
banking

Interest rate hike expected this week

South Africa is likely to see at least three interest rate hikes in 2022.

January 24, 2022
tags
banking

After 160 years, Standard Bank says it is now 99% digital

Standard Bank said 99% of its transaction volumes in South Africa are now cashless, a trend that has helped the continent’s largest lender by assets to cut costs.

January 24, 2022
tags
banking

2022 Banking fees compared: Capitec vs FNB vs Nedbank vs Absa vs Standard Bank

The Solidarity Research Institute (SRI) has published its latest Banking Charges report, showing how pricing at South Africa’s biggest banks compares, based on different user profiles.

January 20, 2022
tags
banking

Investec to offer clients solar power financing

Investec plans to offer its private banking clients funding to install solar panels and battery storage systems in homes, bolstering its own green credentials and providing a power solution in a co...

January 18, 2022
tags
banking

Businesses in this one South African metro are suffering more than in other areas

Fourth-quarter data from the FNB Commercial Property Broker Survey, which surveys a sample of commercial property brokers in the six major metros of South Africa, shows that the financial pressure ...

January 13, 2022
tags
banking

Nedbank’s forecasts for the rand in 2022

The rand has stabilised somewhat in early 2022 after two months of relatively sharp depreciation, but is set to face more turbulence in 2022, says Nedbank.

January 12, 2022
tags
banking

Capitec co-founder and CFO retires

Capitec has announced that one of its co-founders and chief financial officer, André du Plessis, will retire from the group effective 30 June 2022.

January 12, 2022
tags
banking

13 jobs in South Africa that pay over R1.5 million in 2022

Specialist professional recruitment firm Robert Walters has published its annual salary survey for 2022, showing what skilled professionals in South Africa can expect to earn in 2022.

January 9, 2022
tags
banking

4 charts show some of Bitcoin’s potential trouble spots

Bitcoin is down about 40% from its November record and there is increasing evidence the decline may not be done yet.

January 7, 2022
tags
banking

Interest rate hike warning for South Africa

South Africa is likely to see at least three interest rate hikes in 2022 as the South African Reserve Bank (SARB) has indicated that it will begin unwinding its accommodative monetary policy stance...

January 4, 2022
tags
banking