Bidvest Bank says its decision to cap fees at R72 a month does not signal a price war with the big four banks in South Africa.
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/ 25 November 2010
Earlier this year we saw FNB challenge Capitec with a new bank offering that looked suspiciously similar to Capitec’s offering.
Banks on Tuesday welcomed Finance Minister Pravin Gordhan’s decision to make the banking sector more competitive through transparency.
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/ 13 September 2009
It is easier to complain about bank charges than to do something about them, writes Maya Fisher-French.
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/ 20 January 2009
Banks have forgotten who their clients are, writes Maya Fisher-French.
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/ 28 December 2008
Fano Ephraim Mtshali hasn’t held a steady job since 1998 and claws out a living for his two children and his eight orphaned nieces and nephews.
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/ 12 December 2008
South Africa’s bank charges are too high and banks should implement reforms, a report by the Competition Commission has found.
South African banking charges were higher than they would be at competitive levels, according to a Competition Commission enquiry report.