Browsing: Standard Bank

Home affairs minister Malusi Gigaba says citizens in the 25 to 40 age group will from Monday be able to apply for their smart ID card and passport at four of the country’s banks. “In our quest to deliver a quality service to our people

Labour minister Mildred Oliphant conceded on Tuesday that a meeting between cabinet ministers and South Africa’s four banks had taken place. However, she didn’t want to provide further details as the ministers were still to report back to cabinet

Cabinet was concerned that the decision by the country’s big four banks to cut ties with the Gupta-owned Oakbay Investments would deter investors, planning minister Jeff Radebe said on Friday. “While cabinet appreciates the terms and conditions of

Employees of Gupta-owned Oakbay Investments marched to major banks on Tuesday to demand that the company’s accounts be reopened. Armed with placards with phrases such as

Cabinet has welcomed the official launch of the eChannel pilot project of the department of home affairs, which makes ID applications simpler through technology. The project was launched by President Jacob Zuma earlier this month. The new

The fight over who controls home broadband in South Africa is getting a lot more serious. South African fibre-to-the-home pioneer Vumatel announced on Tuesday that it has reached

The latest Standard Bank South Africa Purchasing Managers’ Index paints a bleak picture of the South African economy, signalling the most marked deterioration in operating conditions in over one-and-a-half years. The Standard Bank survey produced by

South Africa’s big four retail banks have been steadily cutting the number of (costly) branches in recent years. That’s no surprise, given the shift in transactional banking to electronic channels. Those transactions that still need some form of physical

While there’s been an outsize (and bizarre) outcry about First National Bank’s decision to close somewhere between 25 and 40 branches in a round of “optimisation”, the country’s big four retail banks have been steadily cutting the number of branches for years

Standard Bank has warned its customers that it will be offline this Sunday, 7 February, while it performs scheduled system updates. The system changes require planned downtime, which will affect the ability of clients to perform “certain banking activities and transactions