Financial services group Sanlam Group on Thursday (8 September) published interim Results for the six months ended June 2022, showing a decline in headline earnings under a difficult trading environment.
Financial services giant Discovery on Wednesday (7 September), pointed to a positive operating performance from its established businesses in a report of its full-year results for the period ended June 2022, while Discovery Bank was singled for achievi...
African Bank says it has launched a new loyalty programme, Audacious Rewards, with the aim to improve the financial well-being of its customers.
Old Mutual Insure on Monday announced a 100% acquisition of Genric Insurance Company, a licensed non-life and specialist insurer focused on bringing innovative and niche insurance solutions to market.
Barclays Plc raised nearly R10.7 billion ($620 million) from the sale of its remaining stake in South African lender Absa Group, exiting an investment it made in 2005 and marking its second retreat from the region.
Recent data has shown that South Africans are ready for legacy banks to change the way they do business however, the banks themselves say it is too soon.
Retail giant Shoprite has transformed its Money Market account into a fully transactional bank account - a first for a retailer in South Africa.
Shoprite is planning to offer a transaction account that will target lower income South Africans.
Insurer Old Mutual on Tuesday (30 August) reported a 62% rise in headline earnings per share for the interim period ended June 2022, against the backdrop of a challenging operating environment characterised by increased inflationary pressure which put ...
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.
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