Tshepang asks: What bank offers the best interest rate, for example 10% for more than 48 months?
Reserve Bank legislation prevents temporary South African residents from opening a bank account with Capitec.
With more than 500 000 unique phishing sites identified, Standard Bank is providng free software to protect its customers.
FNB’s new no-fuss bank account looks a lot like its smaller competitor — and it’s cheaper too.
FNB introduced PayPal to South Africa a few months ago making it far cheaper to do low value overseas transactions.
Henk Vermeulen of First National Bank shares with tips on how to avoid fraudsters accessing your information on social networking sites.
Unlike big businesses they don’t have the financial power to negotiate lower banking costs
Following the global financial crisis, conventional banks have lost a trillion dollars, yet they are still not in favour of lending to the poor.
Barack Obama will announce reforms on Wednesday aimed at averting any repeat of the banking crisis that is still driving up unemployment.
Structured products are always more popular after market crashes than before – when they actually offer the most protection.
Standard Chartered has started the year strongly, but faces more challenges as the world economy struggles through its worst downturn in decades.
From Kinshasa to Cairo, economic growth on the continent is set to drop, writes Lynley Donnelly.
MTN on Monday said it was launching a mobile banking service in 21 African and Middle East countries where there is poor access to traditional banks.
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/ 12 January 2009
Policymakers facing mounting job losses prepared new measures to ease the pain on Monday.
In his 14th floor corner office, James Mwangi sits at the very top of Kenyan society. He got there by understanding the needs of those at the bottom.
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/ 9 December 2008
Nedbank and Ecobank have entered into a deal to provide customers access to a pan-African banking network covering 30 countries.
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/ 3 December 2008
Standard Bank has been recognised for its key role in emerging markets by winning 10 awards, including the prestigious African Bank of the Year title.
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/ 25 November 2008
Nedbank Group announced on Tuesday that its Business Banking division will become a stand-alone cluster.
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/ 17 October 2008
Fallout from the global financial crisis grew in the real economy on Friday with job losses and a backlash against banking chiefs.
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/ 14 October 2008
Retail banks continue to feel the strain of burdened consumers, the latest Ernst & Young bank index released on Tuesday indicates.
Bank-related internet crime is the fastest-growing crime in the world, the South African Banking Risk Information Centre said on Thursday.
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/ 25 September 2008
One of South Africa’s largest banks, Absa, has planned more retrenchments, Business Day reported on Thursday.
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/ 19 September 2008
Global stock markets roared higher on Friday on news of a possible United States government plan to rescue banks from toxic mortgage debt.
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/ 18 September 2008
South African banks have little direct exposure to the United States mortgage-backed securities market, says Reserve Bank Governor Tito Mboweni.
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/ 18 September 2008
Inflation expectations have deteriorated somewhat, Reserve Bank Governor Tito Mboweni told a bank shareholders’ meeting on Thursday.
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/ 16 September 2008
Postbank, a business unit of the SA Post Office, may be transformed into a separate company within three years, a newspaper reported on Tuesday.
Last week Nedbank announced that Go Banking, its joint venture with Pick n Pay, will be integrated into the bank.
Absa has launched a no-card ATM service, CashSend, aimed at servicing both banked and unbanked South Africans, the bank announced on Thursday.
Local banks are set to capitalise on the slump faced by global competitors, writes Maya Fisher-French.
The SARB said on Tuesday that the South African banking system remained stable and banks were adequately capitalised during 2007.
Though banks are required to refund customers who booked Nationwide tickets using their credit cards or debit cards, this has not always happened.
SA has a well-regulated and capitalised banking system that has been largely unaffected by the US subprime crisis, the Reserve Bank said on Tuesday.