Absa Group’s new CEO, Kenny Fihla, is aiming to turn the bank’s retail unit into the biggest in South Africa.
Browsing: Banking
Bank Zero has ambitious growth plans, but first it needs to get its R1.1-billion sale to Lesaka over the line.
Lesaka Technologies has agreed to buy the digital bank chaired by former FNB CEO Michael Jordaan for R1.1-billion.
The Reserve Bank has simulated disaster scenarios aimed at keeping the financial system functioning in a crisis.
Change Logic played a pivotal role in the successful deployment of BankservAfrica’s highly successful PayShap.
Holding victims hostage and cleaning out their bank accounts is not as risky as a cash-in-transit heist.
The bank’s systems were offline following planned maintenance the night before that went awry.
Criminals are increasingly using extortion, e-mail and text scams to target South Africans, Standard Bank has warned.
Suspects allegedly used “specialised software” to steal about R7-million in cash from Western Cape ATMs.
René van Wyk will succeed Sello Moloko as chairman of the Absa board, subject to regulatory approval.