Operating profit soars to R5.5bn, while paying R9.6bn in claims

Too many small and medium-sized enterprises are choosing to remain unregistered in South Africa to avoid onerous business registration requirements and out of fear of triggering tax obligations.

African Bank says it welcomes the rising competition for a piece of the SME lending market, as both new entrants and traditional banks move to claim a larger share of the fast-growing sector.

Expansion as part of a midmarket strategy 'comes natural' to the UK-SA group

FNB launches Globba, a cross-border payment product in partnership with Mastercard

Omnia is looking for expansion and acquisition opportunities in the bulk explosives market to boost its growing international mining footprint, says CEO Seelan Gobalsamy.

Company remains strong despite annual loss, says CEO

A new Standard Bank study shows informal businesses are turning to easy, low-cost platforms to reach customers, while cash still dominates daily trade

FNB says it has beefed up its physical presence in townships through AgencyPlus, a platform that brings banking services to the “underbanked” and is gaining traction within its broader African market.

Momentum Group says 350,000 people made withdrawals from their pension savings in the past year, almost one in five of whom are older than 50