South Africa’s banks say PayShap is growing rapidly, but the SARB says adoption remains too slow, and may mandate wider acceptance
After years of leadership churn, and with a turnaround now under way, Absa is still searching for its mojo
Standard Bank’s renminbi experiment is taking off, driven by customer demand to simplify trade and reduce currency costs
The Constitutional Court’s banks ruling has intensified scrutiny of a Competition Commission battling credibility and competence
Armed with data, algorithms and frictionless onboarding, fintechs are increasingly deciding who gets access to credit, and doing it faster than the banks.
The bank looks expensive yet keeps proving the doubters wrong. The question investors should ask isn’t how much Capitec earns – it’s how long it lasts
South Africans are bombarded with phishing scams. The tools to curb them exist, but until companies deploy them, nothing will change
The FCA’s MotoNovo redress scheme has cost FirstRand R11.9bn more than expected. Now to see how the remuneration committee responds
Aldermore was supposed to be an ‘ideal platform’ through which FirstRand could expand in the UK. It’s proved to be precisely the opposite
From cashback rewards to rising tiers, South Africa’s biggest banks promise plenty. But unlocking real value can feel like a part-time job
The bank is moving to consumer hubs to establish more of a physical presence. What does that say about its digital roots?
The bank’s CEO is concerned that geopolitical fallout resulting from South Africa’s perceived alliances could hurt the economy
For a company that started as a microlender, Capitec has evolved into a full financial services shop. And it’s not slowing down yet
South Africa’s SMEs desperately need more, and better priced, funding options. Shoprite is looking to step into the breach
The Pan-African Payment and Settlement System could transform cross-border payments. But it faces integration, liquidity and infrastructure hurdles
The Net-Zero Banking Alliance suspended activities in August. Why did such initiatives rise and then fall?
Reviving African Bank, which imploded in 2013, has not been easy. But CEO Kennedy Bungane calls the new incarnation ‘a mission manifesting as a bank’
Africa’s digital payments economy is expected to reach R1.5-trillion by 2030. That’s the result of innovation sparked by necessity
Viceroy’s court loss over a 2018 Capitec report has big implications for foreign banks accused of rigging the rand
Capitec CEO Gerrie Fourie will leave the bank in September. He’s had a sterling 25-year run at the business