Latest articles on African Bank

Reserve Bank could sell its stake in African Bank in two years

The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%

New shots fired in banking wars

Consumers can only benefit as the big four banks give in to pressure from low-fee upstarts and digital newcomers

Retail focus for banking’s phoenix

The African Bank, which relied on unsecured lending, has diversified its product offerings

Wary consumers start saving

The number of new accounts has risen but tough times have forced others to borrow

S&P raises Capitec, African Bank’s national rating

The Reserve Bank placed the African Bank under curatorship in 2014

Lofty expectations for twin peaks

But better regulation of SA’s financial services industry could mean higher bank charges

African Bank CEO up for a challenge

Critical to success is a roll-out of transactional offerings and securing refinancing

Viceroy comes up short on Capitec

JP Verster was right about African Bank and Steinhoff but disagrees with Viceroy’s latest report

Silence shrouds Steinhoff saga

Major investors are waiting anxiously, as the company needs to produce financials by the end of January if its shares are to continue trading

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Latest

Ramaphosa issues instruction on Western Cape Covid-19 numbers

President Cyril Ramaphosa has issued an instruction to the Western Cape government to recruit more staff to stem the Covid-19 tide

Capture claims plague new private-security bargaining council

Unhappy members of the National Bargaining Council for the Private Security Sector say corporate governance standards are being flouted

A lifeline for the homeless people in eThekwini

eThekwini plans to retain permanent and safe open spaces for people with nowhere to sleep

Press Releases

Automotive Industry and Covid-19

Many rental fleets are no longer operational and their usually well-maintained cars are entering the market in big numbers

The fourth industrial revolution: It works for UJ

Huge advances in technology make training and the application of medical knowledge better, faster and more widely accessible

PPS Webinar 4: Asset Protection in Times of Uncertainty

The Covid-19 crisis means people are spending more time at home, so they expect different packages from their insurance companies

International Partnerships are key for Africa during Covid-19

Perhaps this pandemic is the jolt that we needed to strengthen intra-country collaboration and revive international friendships

Auditor-General of South Africa seeks request for information

Suitably qualified and experienced vendors are sought to supply tools to assist in the support of financial statement audits

Former bursary student hits a six and lands top job at WPCA

Thuthuka Bursary recipient Tennyson Botes decided to make a difference in his community — and he's doing exactly that

SANRAL to professionalise its finance division with world-class professional accounting designations

'It is about how I can get my staff to acquire more skills and sharpen those skills that they already have,' says SANRAL CFO Inge Mulder

Empowering his people to unleash their potential

'Being registered as an AGA(SA) means you are capable of engineering an idea and turning it into money,' says Raymond Mayekisa

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