SA expects decisive leadership from the president, including the fight against Covid-19 and holding his Cabinet to account, writes Mpumelelo Mkhabela.
High level clouds. Mild.
In the 2019 South African Customer Satisfaction Index report, African Bank was rated number one in customer satisfaction, outshining all other banks.
TymeBank says it's ready to start rolling out unsecured lending from February next year.
African Bank Holdings saw its profits after tax jump 13% to R1.15bn as it continued to focus on building trust and diversifying offerings.
African Bank believes it will be able to compete with the Big Five banks once its MyWORLD cheque account is launched to consumers early next year.
Board member Louisa Stephens will co-ordinate the boards’ activities until regulatory approval of a new chairperson is granted by the Prudential Authority.
African Bank's operating profits have lifted by 42% in the six months ended March 31, thanks to lower credit impairment and better collection methods.
Charges relate to financial statements signed off at African Bank Limited and African Bank Investments.
Reckless unsecured loans are at the centre of major business failures in SA and it is just a matter of time until the next bubble bursts, claims an expert.
In seeking damages, the empowerment partners of the collapsed bank are making a case for personal liability.
African Bank has reduced its staff complement by 636 full-time employees through a restructuring programme.
African Bank indicated in 2019 that it was ready to fly without SARB’s wings as it has increased its operating and net profits every year since it came out of curatorship.
According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.
African Bank Holdings is joining the rush into digital banking to fail-proof the business and provide an exit for shareholders that resurrected the lender from its collapsed former parent.
The Independent Regulatory Board for Auditors needs more funding to be able to implement investigations for the rising number of audit failures, members of Parliament have heard.
The attorney for 10 former African Bank directors has written to the Pretoria High Court, pressing for judgment on the matter brought by African Bank’s former empowerment partners.
The board of African Bank Holdings has announced the appointment of Brian Riley and Happy Ralinala as non-executive directors of the bank and its holding company, African Bank Holdings Limited.
Basani Maluleke will become the first black woman to head a commercial bank in South Africa when she takes over the CEO position on April 1.
Steinhoff International’s auditor joins KPMG in the dock as the regulator cracks down on audit failures.
Basani Maluleke will be the first black woman banking CEO in SA should she take over African Bank in April 2018.
MMI Holdings announced a new partnership with African Bank which will see both entities expanding their service offerings for their client base.
Cape TownMass Staffing ProjectsR650 000.00 - R850 000.00 Per Year
Cape TownTumaini ConsultingR650 000.00 - R780 000.00 Per Year
Western CapeNDC Personnel & Contractors CC
R 6 950 000
R 3 300 000
R 5 750 000
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