SARB Governor highlights urgent need for shift from cash to digital payments in SA
Governor Kganyago highlights the need for South Africa to shift from cash to digital payments, emphasizing modernization, security, and inclusivity at the 2024 Payments Conference.
Standard Bank UCount rewards updates earning opportunities
Since its launch 11 years ago, the programme has experienced an average annual membership growth of 6%.
Transnet and SIU take Nedbank to court over shady interest rate swap deals
Fast forward, all the years later, Transnet and the SIU are now seeking to recover the money that Transnet paid to Nedbank back then under these transactions.
Absa, Nedbank & Sanlam criticised for ‘less women in senior leadership’
Just Share has gone to great pains to highlight what it said was a noticeable lack of women in top leadership positions in these institutions.
SA Reserve Bank maintains repo rate at 15-year high, Economists weigh in
Economists said that the decision to not change the repo rate was consistent with expectations but expressed concerns over inflation in the future.
SA Reserve Bank holds repo rate steady: no drop in interest rates just yet
Kganyago noted that global inflation is easing, but not yet stable.
Nearly one-third of high-income South Africans lack emergency savings
Standard Bank’s analysis highlights that 52% of entry-level private banking clients have less than one month’s salary saved in accessible emergency savings.
Surge in fraud complaints among Standard Bank customers sparks concerns
Standard Bank faces a surge in fraud complaints and a R1.7M payout for unfair dismissal, prompting customer concerns and calls for better security and internal practices.