Auto Added by WPeMatico
Werksmans Attorneys has warned financial institutions to expect enforcement action and significant fines in 2026 if they fail to meet new cybersecurity requirements in South Africa.
Capitec’s former CEO Gerrie Fourie is the highest-paid banking CEO in South Africa, followed by the CEO of Standard Bank, and then Investec.
A fire broke out in a container housing lithium-ion batteries and other equipment supporting the solar power system at Standard Bank’s Constantia office complex in Roodepoort this week.
OM Bank is adding a new payments feature that has become increasingly popular in South Africa in recent years.
The Reserve Bank lends money to banks at the ‘repo rate’, the banks add 3.5% to create the ‘prime rate’ – which we hear when we buy a car or a house or use a credit card – and the Reserve Bank is now saying ‘Hang on, why do we add 3.5%? And does it…
Capitec co-founder and South African billionaire Michiel le Roux says he could never have foreseen the success the bank has had.
TymeBank’s new CEO Cheslyn Jacobs leads one of South Africa’s largest banks, but comes from humble beginnings.
South Africans are increasingly opting for digital wallet and virtual card payments over swiping or tapping physical bank cards.
Only one bank is expanding its ATM network in South Africa, and only two are growing their branch footprints.
The share price performances of South Africa’s largest banks have varied drastically over the last year, with Capitec clearly on top.