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The 8 most exclusive credit cards for the world’s super rich

The 8 most exclusive credit cards for the world’s super rich

If you don’t balk at the idea of spending tens of thousands of rands per year on account fees, you may qualify for one of these eight super exclusive credit cards available to the world’s super wealthy.

Banking - By Staff Writer | 2 February, 2017
SA Post Office wants to be a bank by mid-2017

SA Post Office wants to be a bank by mid-2017

The South African Post Office (Sapo) has submitted documents to Parliament indicating that it will apply to formalise its position as a fully-fledged bank by the middle of the year.

Banking - By Staff Writer | 31 January, 2017
SA branchless bank signing up 5,000 customers every week

SA branchless bank signing up 5,000 customers every week

South African fintech company TYME is signing up 5,000 new customers each week, according to a report by The Australian.

Banking, Mobile - By Staff Writer | 30 January, 2017
The most popular bank in South Africa

The most popular bank in South Africa

New banking research data from Neilsen shows that Capitec has significantly extended its lead over South Africa’s other big banks to become the most-used primary bank in the country.

Banking - By Staff Writer | 29 January, 2017
Watch: Hundreds of ANC supporters “occupy” Absa

Watch: Hundreds of ANC supporters “occupy” Absa

Hundreds of ANC Youth League supporters have stormed Absa’s Durban branch in protest, after a leaked public protector report indicated that the bank had to repay a R2.25 billion bailout it received during the apartheid era.

Banking - By Staff Writer | 26 January, 2017
FNB moves to appease angry customers after spate of safety deposit burglaries

FNB moves to appease angry customers after spate of safety deposit burglaries

FNB CEO Jacques Celliers says that a process is underway to help customers impacted by recent safety deposit burglaries in Randburg, Parktown and Sunnypark.

Banking - By Staff Writer | 26 January, 2017
SA banks face a massive shake-up on how they treat their customers

SA banks face a massive shake-up on how they treat their customers

New rules detailing how South African banks must conduct themselves with customers will be imposed on all financial institutions in the coming months, making it arguably the single most significant regulatory reform for the sector.

Banking - By Staff Writer | 25 January, 2017
How long it takes to sell your home in South Africa’s 5 major metros

How long it takes to sell your home in South Africa’s 5 major metros

The latest FNB House Price Indices for the country’s major regions, reveals slowing price growth in the country’s recent star performing region, the Western Cape.

Banking - By Staff Writer | 23 January, 2017
South African credit cards compared

South African credit cards compared

Capitec has launched a credit card offering bringing it in line with the other four big retail banks in the country offering credit accounts – this is how they compare.

Banking - By Staff Writer | 22 January, 2017
Capitec has launched a new credit card: everything you need to know

Capitec has launched a new credit card: everything you need to know

South Africa’s third biggest bank, Capitec has quietly launched its credit card offering nationwide.

Banking - By Staff Writer | 18 January, 2017
Dubai business shows interest in buying Absa

Dubai business shows interest in buying Absa

Dubai-based Abraaj Group has shown interest in buying Barclays Group’s African business – known as Absa locally – Bloomberg reports.

Banking - By News24Wire | 17 January, 2017
South Africa’s buy-to-let market is mediocre: analyst

South Africa’s buy-to-let market is mediocre: analyst

The buy-to-let picture in South Africa remains one of mediocrity, says household and property sector strategist at FNB Home Loans, John Loos.

Banking - By Staff Writer | 17 January, 2017
Absa faces R2.25 billion apartheid bill: report

Absa faces R2.25 billion apartheid bill: report

The latest edition of the Mail & Guardian reports that a leaked report from the office of the Public Protector makes recommendations that Absa bank repay a R2.25 billion bailout it received during the apartheid era.

Banking, Business - By Staff Writer | 13 January, 2017
5 things you need to know in South Africa today

5 things you need to know in South Africa today

Zuma says there’s no tradition of deputies becoming presidents, and thinks its time for a woman to lead South Africa; a trial ‘missing middle’ student funding scheme would see SARS take money back once students start working; and FNB clients are fighting back after losing valuables in two heists.

Banking, Finance, Government - By Staff Writer | 13 January, 2017
R1.7 million reportedly stolen in second FNB bank heist

R1.7 million reportedly stolen in second FNB bank heist

First National Bank has been hit by a second bank heist in as many months – with the SAPS reporting that R1.7 million has been stolen from the bank’s branch in Parktown, according to EWN.

Banking - By Staff Writer | 3 January, 2017
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