Tag: May 2023
Santam reports positive results despite challenges
Santam faced challenges in the first quarter due to adverse weather and power surge claims affecting property insurance. Operating conditions were difficult, with electricity...
OBS reveals insights into most complained about banks and products
According the Ombud for Banking Services (OBS) latest report, there was a high number of banking disputes related to current accounts and internet banking...
OSTI revealed insights into most complained about products and insurers
The Ombudsman for Short-Term Insurance (OSTI) has released its annual report for 2022, revealing a significant increase in registered complaints compared to the previous...
Competition Tribunal has a Rand manipulation case against 28 banks
The Competition Tribunal in South Africa has ruled that it has jurisdiction to hear the case against foreign and local banks accused of colluding...
Capitec reports favourable results and seeks to expand its services
Capitec has reported a 15% increase in headline earnings for the year ending February 2023. Income from operations grew 12% to R30.3 billion, while...
Capitec and FNB are the most popular banks for South Africans
According to the African Bank Consumer Research Report, Capitec is the most popular bank among low- and middle-income South Africans, while FNB is preferred...
MiWay Blink partners with innovative podcast to engage Gen Z audience
MiWay Blink has partnered with podcast "Cnr Juta and De Beer" to engage with the Gen Z audience. The podcast, hosted by Lwazi Madonsela,...
BrightRock launches podcast showcasing SA icons who have embraced change
BrightRock has launched an eight-part podcast series called "Change in One Generation" that showcases inspiring South Africans who have embraced change and made a...
Coronation donates mobile libraries to disadvantaged schools on World Book Day
Schools across the Western Cape celebrated World Book Day by receiving 21 fully stocked mobile libraries as part of a campaign by Coronation and...
FNB encourages stokvels to diversify their investment portfolios
FNB suggests that stokvels, traditionally used for informal savings, should consider diversifying their portfolios to achieve better returns. Rather than withdrawing all funds for...