Better protection for bank clients with new deposit insurance scheme
Banking in South Africa became somewhat safer this week with the launch of the Corporation for Deposit Insurance by the South African Reserve Bank.
Source: dailymaverick.co.za
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Does South Africa need another two banks?
I can’t get over the sense that South Africa is overbanked. Here is why little red lights are flashing for me.
Source: dailymaverick.co.za
Nedbank CEO Mike Brown has done a good job of reducing successor's in-tray
The chief executive, who has been with the financial services group for three decades and is retiring at the end of next month, will leave behind a bank whose repositioning has started paying off.
Source: dailymaverick.co.za
What the new SOE bank will mean for SA
‘The state has so far proved incapable of running any organisation, and now it wants to run a bank’ – Kokkie Kooyman, director, Denker Capital.
Source: moneyweb.co.za
Bank Zero goes live with 'pay many' facility
South Africa’s youngest digital bank enables its ‘pay many’ offering, targeting the neobank’s commercial clients.
Source: itweb.co.za