Tag: November 2024
PayShap launches request feature for instant payments
PayShap has launched a new feature called PayShap Request, allowing users to initiate instant payment requests through bank channels. Participating banks include African Bank,...
African Bank postpones JSE listing to focus on growth and integration
African Bank has delayed its JSE listing by two to three years to address integration challenges from recent acquisitions, including UBank and Grindrod Bank....
National summit highlights SA’s ambitious SME goals for 2030
At the National Presidential MSME & Cooperative Summit 2024, the government announced that it aims to establish one million new SMMEs by 2030, recognising...
African Bank reports stable growth amid strategic shift
African Bank has posted marginal net profit growth for the year ended September 2024, rising from R521 million in 2023 to R523 million in...
Pepkor’s financial services and fintech segments report strong growth
Pepkor Holdings achieved a 13.5% rise in gross profit for the year ended 30 September 2024, driven by exceptional performance in its financial services...
FNB and Visa introduce tap-and-go payments at key toll gates
FNB and Visa have implemented tap-and-go payment technology at select toll gates along the N3, N4 and Chapman’s Peak routes. The system supports contactless...
Mama Money launches WhatsApp-enabled bank card with Pick n Pay
Mama Money has introduced a new bank card allowing customers to manage their finances via a custom WhatsApp solution. Partnering with Access Bank and...
Liberty set to launch educational life insurance podcast series
Liberty is launching a new podcast series aimed at educating South Africans on life insurance solutions. Called A Life Covered, is A Life Lived,...
SAA reports first profit in over a decade
South African Airways (SAA) has achieved a net profit of R252 million for the 2022/23 financial year, marking its first positive result since 2012....
South African banks adapt to digital banking growth
South Africa's largest banks are adjusting their branch strategies, increasing branch numbers and reducing physical space as digital banking rises. Between 2022 and 2023,...