Capitec CEO and co-founder Gerrie Fourie will retire in July 2025 after 25 years at the bank, leaving behind a legacy of innovation and exponential growth....
Discovery Bank is making waves with a major overhaul of its digital banking services, introducing AI-powered tools, upgraded security features, and expanded rewards for its rapidly growing customer base. With 1.1 million customers and 1,500...
The South African Banking Risk Information Centre (SABRIC) has issued a stark warning about the surge in AI-powered scams targeting bank customers. Criminals are using advanced...
South Africa’s well-established banking sector, dominated by the “Big Four” (Standard Bank, Nedbank, Absa, and FNB), is about to experience a significant shake-up. Four new banks—OM...
Old Mutual is making waves in South Africa’s financial sector with the launch of its new R2.8 billion bank, set to roll out in the fourth...
Kenny Fihla has been appointed as the new CEO of Absa, leaving his roles as Deputy CEO of Standard Bank Group and CEO of Standard Bank...
Kenny Fihla, Deputy Chief Executive of Standard Bank Group and Chief Executive of Standard Bank South Africa (SBSA), has resigned after 18 years with the banking...
The Umkhonto weSizwe Party (MKP) has launched a scathing critique of South Africa’s major banks, accusing them of failing to transform and exploiting their monopoly over...
Discovery Bank has exceeded its growth targets, reaching 1.09 million clients—two years ahead of its original 2026 goal. The digital bank also achieved monthly break-even in...
Bidvest Bank has been officially classified as a discontinued operation by the Bidvest Group as the company prepares for its sale to Access Bank, Nigeria’s largest...