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

Court must declare Cape Town’s ‘inhuman’ demolitions, evictions illegal, says law centre

The city argues that it is not carrying out evictions, but is acting against land invasions

Back in time to meals on wheels

Cape Town’s oldest roadhouse is hoping to make a comeback during the coronavirus lockdown. Nostalgia is the biggest seller

People’s behaviour stoking Gauteng pandemic

The active case count of Gauteng surpasses that of whole countries. Workers at clinics report a ‘concerning’ relaxation of basic health protocols

Press Releases

Full-time Johannesburg-based CEO required for HI HOPES

An entrepreneurial, business-minded, impact-driven individual is sought to lead the organisation as it looks to scale and grow

Balwin properties and Absa launch South Africa’s first green home loan

Balwin Properties’ Edge registration of over 16 000 units was a global first, covering more homes than any single property developer in the world to date

Young professional gets a career boost from PSETA

SAICA makes ongoing efforts to encourage the professionalisation of financial offices in private and public sector organisations

Colgate-Palmolive South Africa donates one million bars of soap

The combination of limited access to quality soap and a lack of knowledge of how to properly wash hands is a challenge in many vulnerable communities

Cheque value bundles – real value

Most people do not pay much attention to what bank account they have and whether or not it is suited to their daily realities

Absa Rewards puts cash in your pocket

In addition to the cash benefits, you will receive special offers and exclusive deals from selected Absa Rewards partners

Municipal audit outcomes reveal public sector financial management must be professionalised

SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector

Eleven ways to protect yourself against fraud

While financial services firms work continuously to improve security, fraudsters are always devising new plans to circumvent the latest safety measures

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