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Monthly Archives: August 2023

Nedbank expands its “New Ways of Banking” branches across SA

Nedbank has opened its 300th "New Ways of Banking" branch in Somerset West, Western Cape, as part of its Project Imagine initiative. These branches...

MiWay launches its #MoveForValue campaign

MiWay Insurance has launched a campaign called #MoveForValue to emphasize its value-added services beyond traditional insurance. The campaign highlights how MiWay adds real, meaningful...

Eskom suffers R5 billion loss in just three months

Eskom reported a loss of R5 billion before tax in the first quarter of the 2023/24 financial year, ending June 2023. While net revenue...

TymeBank introduces PayShap to its services for free

TymeBank has become the latest institution to offer PayShap, a real-time payment service created by BankservAfrica, the Payments Association of South Africa and the...

Absa launches new vertical black ‘smart metal’ bank cards

Absa has introduced new vertical cards featuring a black and 'smart metal' design. The cards are embossed with an African basket weave design and...

Lula launches business banking account for SMEs

South African fintech Lula, formerly known as Lulalend, has rebranded and expanded its services to become a one-stop cash-flow management and business banking solution...

African Bank launches women-focused entrepreneurial development programme

African Bank has launched its Women Enterprise Development Programme, designed to support women in achieving professional success, work-life balance, and entrepreneurial excellence. The program...

Standard Bank reports a 35% jump in interim profit

Standard Bank's South African operations contributed 40% to the group's headline earnings of R21.2 billion, representing a 35% increase compared to the same period...

SA aims to prioritise the expansion of its grid over the next decade

South Africa plans to prioritize the expansion of its power grid over the next decade to end daily power cuts. The government is working...

Transnet makes new appointments to address the nation’s logistics crisis

Department of Public Enterprises Minister Pravin Gordhan has announced a new board of directors for state freight rail, port and pipeline company, Transnet. The...

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