African Bank

 
Reserve Bank could sell its stake in African Bank in two years
Reserve Bank could sell its stake in African Bank in two years
The South Africa Reserve Bank (SARB) is likely to sell its stake of African Bank in the coming two years, provided the bank is financially sound...
SA’s monetary policy needs a serious overhaul
SA’s monetary policy needs a serious overhaul
The call by the ANC’s Luthuli House to loosen monetary policy was both clumsy — in process, terminology, tweets and even scope (with its...
New shots fired in banking wars
New shots fired in banking wars
The battle of the banks continued this week when African Bank launched its zero monthly fee account, becoming the third bank to do so.
Retail focus for banking’s phoenix
Retail focus for banking’s phoenix
Five years ago African Bank was in ruins. A combination of reckless lending and a liquidity crisis pushed the unsecured lender over the edge. But...
The Republic of Commissions could need just one more inquiry
The Republic of Commissions could need just one more inquiry
Switch on your television or browse the news these days and a fresh torrent of public sector corruption comes stumbling out. This is innocence...
[Video]The EFF Manifesto Launch: Malema's promises to the nation
[Video]The EFF Manifesto Launch: Malema's promises to the nation
While addressing his supporters during the EFF Manifesto Launch at Giant Stadium in Soshanguvhe,the party's leader Julius Malema made various promises
Lack of funding limits probes into auditors, MPs told
Lack of funding limits probes into auditors, MPs told
Limited funding is proving to be a challenge for the Independent Regulatory Board of Auditors (IRBA), tasked with investigating industry failures,...
Wary consumers start saving
Wary consumers start saving
Banks are reporting an uptick in the number of new savings accounts but, although some customers might be saving, many continue to rely on...
S&P raises Capitec, African Bank's national rating
S&P raises Capitec, African Bank's national rating
Standard and Poor’s has raised African Bank and Capitec's national scale credit rating after revising its mapping table for South Africa and...
Lofty expectations for twin peaks
Lofty expectations for twin peaks
As South Africans reel from two bank collapses in the past four years, authorities have been steadily overhauling the entire legal architecture of...
African Bank CEO up for a challenge
African Bank CEO up for a challenge
Basani Maluleke stepped into the role of African Bank chief executive this month well aware of the formidable challenges that lie ahead. With some...
Viceroy comes up short on Capitec
Viceroy comes up short on Capitec
It has been a hellish week for mild-mannered Jean Pierre Verster. He’s searching for answers as he pores over numbers and his phone is ringing...

Client Media Releases

NWU consistently among top SA universities in rankings
MTN gears up for Black Friday sale promotion
Software licensing should be getting simpler, but it's not
Utility outages: looking at the big picture
UKZN scientists get L'Or'eal-UNESCO Women in Science grants