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Tag: September 2023

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...

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...

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...

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...

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...

Momentum Insure launches a new cashback programme

Momentum Insure has launched a cashback program called "Safety Returns" that rewards clients for taking steps to ensure their safety. The program is available...

National Treasury launches the Energy Bounce Back Loan Guarantee Scheme

South Africa's National Treasury has launched the Energy Bounce Back Loan Guarantee Scheme (EBB) to help small businesses and households deal with the impact...

PPC launches an employee share ownership scheme

PPC, South Africa's largest cement product manufacturer, has launched an employee share ownership trust that will give its South African staff a 10% shareholding,...

Discovery Bank and Worth empower SA’s finances

Discovery Bank has partnered with Worth to provide financial education courses to its customers. The courses, called Wealthy Me and Wealthy Couples, are designed...

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