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Business Unity South Africa, representing SA's major banks, has filed a court application to interdict a planned bank strike.
The future of banking will be technology-led, but it remains unclear whether new players will be able to compete with traditional banking institutions in terms of scale and profitability, Nedbank [JSE:NED] chief executive officer Mike Brown said on Wednesday.
The RLabs Innovation and Entrepreneurship Programme was enabled by a R3 220 000 partnership with Nedbank.
Nedbank CEO Mike Brown has urged government not to "fiddle with something that is not broken" and instead to focus on "low-hanging fruit" in its growth-stimulating strategy.
An extensive investigation into illegal debit order scams involving the country’s major commercial banks has revealed the existence of organised crime syndicates seemingly operating on a massive scale.
From free burgers and ride-hailing services to hip-hop concerts and discounted petrol: South African banks are going all out to win customers as competition hots up.
The bank is eyeing further digital development and African expansion on the back of its success in 2018.
While it is noble to ask companies to comply with BEE, government should focus on getting jobs created in the first place, suggested Nedbank economist Busisiwe Radebe at a post-Budget briefing.
FirstRand is emulating Amazon.com with a digital offering that will span everything from insurance, car license renewals to locating plumbing services as the South African bank chases new revenue sources.
Nearly R20m in Gupta-linked cash appears to be in limbo and may be forfeited to the state following a failed attempt to 'purchase' two aircraft owned by Sahara Computers.
Confronted by an economy that is battling to attract sound growth and stem the rising tide of unemployment, President Cyril Ramaphosa’s first 100 days in office saw him battle multiple headwinds.
By Chipo Mushwana, Divisional Executive of Emerging Payments at Nedbank.
SARB is anticipated to cut the repo rate at the next meeting of its MPC, says Nicky Weimar, senior economist at Nedbank.
She got into long-distance running as a way of meeting people after moving to Dubai.
As part of Nedbank's commitment to the Youth Employment Service, it will sign on 3 315 youth through its skills development programme.
Why are municipalities in South Africa being limited in generating their own power, the CEO of the Development Bank of SA asked at the BRICS bank meeting.
A Wits student has walked off with R150 000 in his pocket, for writing an essay that tackled thorny problems Finance Minister Tito Mboweni faced in his Budget speech this year.
Nedbank lived up to its slogan as the “green” bank in a decision to withdraw its funding of two proposed new coal-fired power stations in SA - Thabametsi and Khanyisa - say Chris Yelland and Roger Lilley.
Ratings agency Fitch has kept the ratings of five of SA's major banks at BB+ with a stable outlook.
While Capitec rose to the top among the banks overall, First National Bank posted the most improvement.
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