09/15/2025
The partnership introduces real-time, account-to-account payments to cross-border e-commerce through South Africa's leading digital bank
09/12/2025
International banks pulling back from Africa leave space for local groups like FirstRand to expand.
09/12/2025
Independent analyst Carmen Mpelwane unpacks FirstRand and Discovery results – one the market loved, the other it hated.
09/11/2025
Thousands of companies were assessed, with only one thousand making the final list.
09/09/2025
UBA said the extension was designed to provide shareholders with additional time to fully exercise their rights and participate in the rights issue,” which involves 3.16 billion ordinary shares of 50 kobo each priced at N50 per share.
09/08/2025
This marks the first time the B20 process has been hosted on African soil, and places South Africa at the centre of global dialogue on inclusive growth and sustainable development.
09/08/2025
The move marks the lender’s most ambitious cross-border push in more than a decade and reflects growing competition among Nigeria’s largest banks to capture market share in Francophone Africa
09/04/2025
Jason Quinn, group CEO of Nedbank, explains that the move aligns with the group's effort to "optimise its capital allocation and focus on core growth areas".
09/04/2025
Total liabilities increased to 83.6 billion meticais (1.3 billion dollars)
09/04/2025
While South Africa contributes only six banks to the list of the top 100 in the Southern Africa region, they’ve dominated regional banking for years.
09/03/2025
By reorganising through a Pan-African purview, Absa will be streamlining its operations, simplifying organisational designs and structures, and leveraging data and technology better to deliver enhanced value to customers.
09/03/2025
Its core Supermarkets RSA segment saw Shoprite and Usave’s turnover increase by 5.9%, equating to sales growth of R6.5 billion from a substantial base of R110.1 billion.
09/02/2025
Last week, Capitec's market capitalisation reached R424 billion, overtaking FirstRand as Africa’s most valued bank.
08/29/2025
With our data and models we can anticipate what a client might need next and reach out first, says the bank’s Mark Rose.
08/29/2025
The system currently has four preset plans that range from 3GB at R169/pm to R499 p/m at 20GB.
08/28/2025
South Africa’s biggest bank by customer numbers, Capitec has reported record profits for four straight years.
08/28/2025
After a soft launch earlier this year, the bank is now officially open to the public.
08/28/2025
According to BankservAfrica’s real take-home pay index, or BTPI, real incomes adjusted for inflation fell by 0.9%
08/26/2025
FNITCC serves as a bridge to close this gap.
08/26/2025
Particularly, income from loans and advances to customers dropped in the period compared to the previous year.