In this Business Talk interview, African Bank CMO Sbusiso Kumalo unpacks the bank’s new Tech Deals offering.
African Bank boosts profits as it adds more transactional accounts - and looks to business banking as its next big move.
In light of the rising cost of living and inflation, it has become increasingly important that South Africans have money saved for a rainy day either in a fixed-deposit, savings account or notice-deposit.
African Bank says it welcomes all approvals it has received to date for its acquisition of 100% of Grindrod Bank. All the conditions precedent to the Grindrod Bank transaction have been met, and all the necessary regulatory approvals were obtained…
African Bank says it has launched a new loyalty programme, Audacious Rewards, with the aim to improve the financial well-being of its customers.
Retail giant Shoprite has transformed its Money Market account into a fully transactional bank account - a first for a retailer in South Africa.
South Africa’s African Bank will buy lender Ubank, potentially adding as many as 4.7 million retail customers and expanding its operations as it seeks to list on Johannesburg’s main stock exchange.
While many banks have been scaling back on their branches, African Bank says it plans to buck the trend and expand its physical footprint in South Africa.
The Banker has published its annual ranking of the 1,000 biggest banks in the world, as measured by their level of tier 1 capital – with seven South African banks making the list in 2022.
BusinessTech compares the available credit card accounts from some of South Africa's biggest banks.