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african bank
Reserve Bank fails to find buyer for African Bank stake
Business
Sarah Smit
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The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator
Former African Bank boss announces her move to Capitec
Business
Sarah Smit
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Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’
Activist group lauds Nedbank for best climate commitment by a South African bank
Environment
Tunicia Phillips
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The bank has received praise for setting a more ambitious climate policy than other major local banks, targeting zero fossil fuel exposure by 2045
Reserve Bank could sell its stake in African Bank in two years
Article
Lynley Donnelly
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The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%
S&P raises Capitec, African Bank’s national rating
Article
Sibongile Khumalo
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The Reserve Bank placed the African Bank under curatorship in 2014
African Bank CEO up for a challenge
Article
Staff Reporter
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Critical to success is a roll-out of transactional offerings and securing refinancing
Pravin Gordhan: ‘There is no need for judicial probe into South African banks’
Article
Staff Reporter
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The courts offer recourse to companies that are unhappy with banks, finance minister tells audience at Cape Town book festival.
African Bank: Old guard under fire
Article
Lynley Donnelly
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Empowerment shareholders believe the damning Myburgh report lends weight to their case against the former bank’s holding company and directors.
Report: African Bank directors were reckless
Article
Lynley Donnelly
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The board members of Abil were negligent and reckless, according to advocate John Myburgh's now-public report.
African Bank faces changed world
Article
Staff Reporter
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South Africa now effectively has a state-owned bank, but can it fly in a reformed environment?
South African banks shrug off economic storm
Article
Staff Reporter
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The big four banks have managed to grow earnings impressively, but enormous challenges remain as SA's economic outlook continues to deteriorate.
African Bank: Tough ride to better times
Article
Lynley Donnelly
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Despite skating to the edge of total closure under the weight of bad debt, the bank's rehabilitation appears to be on schedule.
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