The World Bank has made a revelation that it will not be considering new loans to Uganda after the East African country earlier this year enacted an anti-gay bill that…
Browsing: Banking & Finance
Standard Bank has revealed that is has plans in place to finance R250 to R300 billion worth of sustainable projects between the year 2021 and 2026, with an initial target…
Absa, a prominent South African banking group, recently released its half-year financial report ending in June. According to the report, the bank’s profit growth has been modest due to a…
To combat the effects of load shedding, prominent entities such as Nedbank, Sasol, and Growthpoint have joined forces with the City of Johannesburg for the Traffic Signal Backup Power Initiative.…
Standard Bank South Africa (SBSA) has reportedly issued letters to Independent Media and 30 other companies in the Sekunjalo Group, informing them of the closure of their business bank accounts…
One of South Africa’s largest banks, FNB, has announced that its customers have saved a remarkable R6.6 billion over the past four years using the Bank Your Change® feature. This…
A businessman from Soweto, South Africa, took out a loan of R5.5 million to establish a supermarket franchise called Pilgrims Corner in Naledi. He managed to repay half of the…
Tyme Group, a digital lender led by billionaire Patrice Motsepe, is considering a venture into Vietnam as part of its ambitious expansion strategy. This announcement comes just months after the…
JPMorgan Chase & Co., the largest bank in the United States, purchased First Republic Bank in an emergency government-led intervention after private rescue efforts failed to fill a hole in…
FNB has seen increased demand for student loans, with pay-outs rising by 116% in the six months ending December 2022. The increased pay-outs also follow the bank’s efforts to make…
