South African Reserve Bank raises interest rate to 7%, warning that oil shocks, food inflation and global instability could drive prices higher
Traditional banks must work on customised products and services that address their unique needs, potentially through partnerships with fintech
Any attempt to prohibit access to the secure financial messaging network could backfire
Local players have several advantages they can leverage to improve payment infrastructure and ensure the continent has a robust financial sector
A recent collaboration with Standard Bank South Africa and Sandton City launched the nation’s first instant issuing digital gift card
It’s imperative to know how to navigate today’s digital banking landscape
A differentiated segment of financial solutions available to all consumers
It is time to develop policies that safeguard Africa’s technological sovereignty in finance
African Bank’s open listing offers a good example of how direct black ownership in the financial services sector can rise above the stubborn 25% minimum agreed upon by the…
With fewer people visiting branches, opting to seek services online, something has to give
A government could program its cryptocurrency with whatever features it deems necessary. It would allow states to control what money should be spent on, where it could be spent,…
Arrie Rautenbach has been appointed to head up the banking group more than a year after his predecessor’s sudden departure
The bank has been on a journey of digitalisation, moving from cash to card payments
Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’
The Banking Association South Africa’s report on transformation in the financial sector also found that black women voting rights reached its highest level since 2016
Deon Raju has been appointed as the bank’s chief risk officer and Parin Gokaldas take over as Absa’s treasurer
But the South African Revenue Service doesn’t yet have the skills and multiple users to adopt it
Technology used in cryptocurrency will overhaul the banking sector and cater for the unbanked
Shareholder engagement on climate-crisis risks is an proving effective tactic to bring about change
The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling
