"The SARB, with the support of National Treasury, has sought to implement a mechanism whereby qualifying depositors of HOB can have access to and be repaid amounts deposited by them with HOB, up to a maximum of R100 000 per depositor," the central…
" While South Africans are resilient, the increased and ongoing interruption of electricity impacts all aspects of our lives and drives a need to find alternative ways to power our homes. We're pleased to launch a financing solution that enables…
“In the past year, the BETI has moved sideways with some volatility from month to month. From June 2022 – May 2023, the BETI declined on a monthly basis in nine out of the twelve months, suggesting an economic scenario of stagnation,” comments…
“The average nominal salary, measured in the BankservAfrica Take-home Pay Index, increased from R12 573 in February 2018 to R15 438 in February 2023, showing growth of 22.8%,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements.
The CEO of thrive_CEO Khetha Mazibuko said the start-up's purpose is to connect people with brands. "As such, the thrive_Awards enable us to amplify the brands of our business and corporate customers, and foster deeper connections between people…
“The BETI reached an index level of 132.6 in April 2023, almost on par with the level of 132.9 tracked in January 2023,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. “However, on an annual basis, the BETI declined…
"The kind of interest rate risk being taken by SVB wouldn't be possible under UK or European regulations. As regards Credit Suisse, its problem was the interplay of a poor risk management culture, ongoing senior management turnover, a lack of…
“The average nominal take-home pay in March declined on a monthly basis to R15 321,” says Shergeran Naidoo, BankservAfrica’s Head of Stakeholder Engagements. “However, this was still 1.8% higher than the R15 046 recorded a year earlier.”
“The cost of education has increased significantly over the years, making it difficult for many to achieve their educational goals and career aspirations. The introduction of student loans on the FNB App, has allowed us to provide solutions…
“Safe and efficient payment systems are the life blood of the economy. We believe we have, as an industry, created a foundation for modernising South African payments, which can also give all South Africans an alternative to using cash,” says…
"Business banking has remained stuck in a quagmire of high fees, poor service delivery and no real choice," explains Michael Jordaan, chair of Bank Zero. "However, the landscape is rapidly changing thanks to innovative partnerships."
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