African Bank set to launch a SME Business Bank Account in 2024
Grindrod Bank, acquired by African Bank in 2022, is set to launch a new transactional business account in early 2024. The move is aligned...
AVBOB outlines its business focus for 2024 at its 72nd AGM
Avbob Group, Africa's largest mutual society, highlighted the importance of value creation for society during its 72nd Annual General Meeting in Pretoria. The group...
Metropolitan expands its youth-focused entrepreneur initiative
Metropolitan's Collective Shapers initiative is expanding to Tshwane after a successful pilot in Polokwane in 2021. The program aims to support youth entrepreneurship, specifically...
KZN showing huge potential for growth
Despite facing multiple challenges, including the COVID-19 pandemic, civil unrest, floods and infrastructure issues, business leaders in KwaZulu-Natal (KZN) express hope and optimism for...
Investec launches Clarity to challenge EasyEquities in 2024
Investec has launched a new trading app named Clarity, designed for investors and traders. The platform offers instant access to local and global markets,...
African Bank reports favourable results and customer base growth
African Bank reported a significant increase in its customer base, reaching 3.97 million active users in the year ending September 2023, a 158% increase...
Krutham and the government launch the Jobs Boost Outcomes Fund
Krutham, a research-led consulting firm, has launched the Jobs Boost Outcomes Fund, a R300 million outcomes fund aimed at addressing youth unemployment in South...
Sanlam reports double-digit growth in new business
Sanlam reported positive results with a 19% increase in financial services and net cash results. Operational earnings rose by 35%, and new business volumes...
Payfast reveals that 19 million South Africans are underbanked
The latest Payfast report reveals that there are 19 million underbanked individuals in South Africa, with over one million micro, small and medium-sized enterprises...
Commercial banks capitalising on Postbank’s failures
According to the Outlier, almost 60% of monthly payments to SA Social Security Agency (Sassa) grant recipients are now deposited into private bank accounts....