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Business Banking

 

Business Banking / 11-02-25 / Jane Khumalo

Cohabitation and cashflow: financial conversations for couples

“Unlike married couples, you are not automatically protected by laws like the Maintenance of Surviving Spouse Act. Another important factor is that without a Will, it becomes difficult to claim tax benefits and estate deductions, which could…

Business Banking / 03-02-25 / Tommy Jackson

Property Trends: Western Cape tops 'Buy-To-Let', KZN sees least interest

"Over the past decade, the Western Cape has consistently positioned itself as an investment destination. Areas like Cape Town have benefitted from consistent demand driven by tourism and a growing expat community," says Chiko Manokore, Head…

Business Banking / 29-01-25 / Shelly Nxumalo

Cape Town continues to unlock opportunities for local business growth

"Cape Town's repeated recognition on the global stage reflects its enduring charm and vibrant ecosystem. For small businesses, this acclaim, combined with the many events hosted throughout the year, offers the chance to collaborate, innovate,…

Business Banking / 22-11-24 / Shelly Nxumalo

African Bank appoints JP Okkers as Head of Digital Channel

"We are thrilled to welcome JP Okkers to African Bank at such a pivotal moment in our journey to becoming a digitally-enabled bank. JP's deep expertise and visionary leadership will be instrumental in helping us execute on our Excelerate25 strategy,"…

Business Banking / 12-09-24 / Chris Smit

Nedbank Private Wealth's new Global AMC offers captivating approach to international investing

"We have designed the Global AMC to be an effective and simple tool for portfolio diversification. It leverages our team's extensive experience in international markets to deliver a solution that is both sophisticated and user-friendly," says…

Business Banking / 12-08-24 / Shelly Nxumalo

Fin Minister approves Africanbank’s acquisition of Sasfin’s CEF and CP units

"We are pleased to have received the approval of the Finance Minister for this deal, which enables us to further sustainably scale and diversify the bank. This further delivers on our 'Excelerate25' strategy to expand our core by bringing in…

Business Banking / 08-08-24 / Thanda Sithole

Thanda Sithole | Manufacturing output ends 2Q24 on a weak note, recovery expected in 2H24

"Today’s manufacturing data indicates that output expanded by 0.9% in 2Q24 after shrinking by 1.2% in 1Q24. This supports our long-standing view that GDP likely rebounded in Q2 after contracting by 0.1% in Q1 ," says Thanda Sithole, FNB Senior…

Business Banking / 08-08-24 / Chris Smit

Rewards and warnings: the truth about entrepreneurship

"Entrepreneurs must be prepared for the less glamorous aspects of running a business, including countless hours spent on planning, problem-solving, and often, overcoming the mental obstacles of rejection and disappointment," says Alan Shannon,…

Business Banking / 07-08-24 / Kwanele Sibanda

Africanbank concludes full integration of Grindrod Bank

"Last year we announced the acquisition of GBL and that we would for a period of time run it as a fully owned subsidiary of ABL. The process of integrating GBL onto the ABL Business Banking platform has been successfully completed and we can…

Business Banking / 30-07-24 / Alan Shannon

Alan Shannon | Unlocking the business: building the potential of POS devices

"The evolution of POS technology presents a pivotal moment for SMEs. When integrated with a comprehensive banking relationship, these devices can be transformed from simple transaction processors into powerful business enablers," says Alan Shannon…

Business Banking / 30-07-24 / Shelly Nxumalo

Innovating to tackle payment challenges in SA's trade industry

"From smuggling and the misdeclaration of goods to under-invoicing to evade customs duties and taxes, these practices contribute to significant revenue losses for the government, distort market competition, and pose risks to national security…

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