Managers of Wealth Africa

Bank Zero's customers have already moved 'tens of millions' from other banks

It took Bank Zero almost two-and-a-half years since it first announced in 2019 that it would start beta testing to open finally its doors to the public.

Standard Bank Business Banking Award winner, Reel Gardening, walks away with R2 million in cash

All the prize winners will also receive support from Standard Bank

Owning it with Sage – Grant Schneider on the business benefits of Sage’s bank feed integration with FNB

Schneider talks about why FNB and Sage are such a good fit for each other, before explaining how small businesses can begin using FNB Bank Feed.

Half-Year Report: Nigeria’s top five banks post small profit rise as key income dwindles

While Access and Zenith led in revenue, profit and e-business, only UBA managed to pare down its impaired assets in the first half.

Consumer spending recovers in most categories – South African bank

"The momentum in spending also shows that consumers and retailers are settling into a new normal when it comes to shopping activity."

KCB Ranked The Safest Bank In Africa

KCB restructured facilities worth over KShs.120 billion in debt-relief measures

GTCO records 42% profit margin, highest among banks

The addition of net interest income and non-interest income gives the total revenue a bank generated in a specific period.

Pan African Payments and Settlements Platform – an important enabler of trade

The Pan African Payments and Settlements Platform, which officially launched in late September, will revolutionise cross-border payments in Africa.

Nigerian Payment System Attracts $500m Investment in 5 Years

He said due to the lockdowns associated with the management of the COVID-19 pandemic, financial traffic to digital platforms increased significantly in 2020.

Ecobank Retains ‘Best Retail Bank in Nigeria’ Award

Ecobank’s platform is unique for all types of retail transactions, especially account opening, bills payment, airtime purchase and third party transfers.

Southern Africa’s Top Banks in 2021

Despite the country's problems with long-term growth and the pandemic, South Africa’s ‘big four’ banks still dominate the top rankings in our annual survey of Africa's Top 100 Banks.

What to expect from FNB over the next few months

The lender’s goal involves enabling both the individual end-user and merchants through an integrated ecosystem, said Raj Makanjee, FNB Retail CEO.

TymeBank customers will now be able to use bank kiosks in TFG stores like Jet and Foschini

TFG Customers will also be able to shop and transact concurrently.

Access Bank: Strengthening for the Future

The commercial bank with presence in 11 African countries, Europe, Middle East and Asia, announced the fresh capital raising in a statement that was signed by its Company Secretary, Sunday Ekwochi.

Nedbank to offer credit cards to low-income earners

Many of these people will now have the opportunity to get a credit card for the first time

TymeBank to launch 600 new kiosks and other banking services in Foschini stores

The kiosk, TymeBank app, and other digital interfaces will give TFG customers access to services such as electricity payments, money transfer, and savings products, thereby allowing customers to shop and transact simultaneously.

Banks told to keep pace with changes

“The alliance aims at promoting internationally acceptable standards of knowledge, skills, competences and conduct in the banking industry across Africa,” said the executive director.

Capitec is fast outgrowing its older siblings, and it's coming for high earners next

"It's quite scary how the brand has been accepted and how the brand is growing - if you add six million clients over a four-year period, I think it's an incredible achievement," he said during the presentation of the bank's financ

Capitec reports continued recovery on expanded digital offerings and strong customer growth

“It is the directors’ intention to declare 50% of headline earnings for the 2022 financial year as dividends for the year,”

We are very pro-vaccination, says Capitec chief executive

The bank said it viewed the challenging socio-economic climate as an opportunity to assist clients by enhancing its digital offering.

Retail Banking