South Africa has to be a better option for Trump than Greenland is, writes Howard Feldman.
Finance Minister Tito Mboweni says National Treasury has agreed to start the process of developing a state-owned commercial bank, with Deputy Finance Minister David Masondo in charge of the process.
With credit card fraud rising at an alarming rate in the first quarter of the year, the Ombudsman for Banking Services has provided 10 tips to avoid becoming a victim of scammers.
The establishment of a workers' bank has long been a goal of the trade union federation.
Government needs to show it is serious about helping to create a sizeable black-owned and managed lender rather than saving a tiny bank like VBS, which can't compete with established commercial banks.
Standard Bank is seeking a banking license in Senegal after opening in Ivory Coast as the lender expands in West Africa’s French-speaking countries.
FNB CEO Jacques Celliers says that while the bank has shifted its "centre of gravity" to digital banking over the past few years, cutting-edge tech alone cannot retain and grow customers.
Four new banks are launching in South Africa this year, which could mean lower costs, more choice and a better experience overall for consumers.
Moody’s has placed a number of cities and municipalities, banks, businesses and insurance groups on review for downgrade, after doing the same for the country's sovereign debt.
Will new regulations oblige banks and financial services institutions to comply with radical targets in an attempt to accelerate black ownership and inclusion?
There are very specific things to consider when determining the value and investment potential of specific sectors. This week, finweek contributor Simon Brown looks at the banking sector.
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.
San Francisco-based startup Plaid plans to announce that its buying New York-based Quovo, for possibly R2.8bn.
Scandal-ridden VBS Mutual Bank gifted former president Jacob Zuma an R8.5m bond which he could not afford, and at least nine months before any documents were signed to give the bank security over the loan, an investigation reveals.
A power struggle between two central figures in Vele Investments, the company which may have become beleaguered VBS Mutual Bank’s majority shareholder through fraudulent means, has led to claims that one has illegally fired the other.
The bank's CEO Karl Kumbier says about 60 SA and foreign companies have expressed interest in buying the bank from its Portuguese owners.
FNB's South African business reported R9.8bn in pre-tax profits for the six months ended 2017.
Four new banks are coming into the SA market in the coming months. kykNET's Winslyn speaks to finweek editor Jana Marais about the value proposition and impact on local consumers.
A new report by BrandsEye, based on 1.8 million social media posts, found Capitec to have the best online 'net sentiment' of SA's big five banks.
National Treasury has supported a proposal to adapt stringent banking license regulations to allow smaller, black-owned banks to emerge.
The South African Reserve Bank has denied media reports that its deputy governor Kuben Naidoo is “defending the lack of transformation in the banking sector".
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