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Politics
Standard bank
Kruger International is buying Standard Bank, Visa and owner of Johnnie Walker
Kruger International Asset & Wealth Management Director Mia Kruger shares her stock picks of the week on The Money Show.
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'Informal economy can help take Ghana into double-digit growth'
EWN business reporter Arabile Gumede shares how Ghanaian business is evolving along with the 4th industrial revolution.
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Africa’s real estate sector continues to evolve despite market volatility
Despite a range of factors resulting in ongoing volatility, Africa's real estate markets continue to innovate.
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Gender parity fundamental to driving African growth
Ensuring the full development and productive deployment of half the world’s population will radically transform African economies.
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East Africa offers diversified growth opportunities for SA firms
The region’s industrial and services sectors are in need of South African operational expertise.
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New empowerment model key to rebuilding SA’s construction sector
South Africa’s once vibrant and globally competitive construction sector faces ongoing challenges.
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Stanbic launches mobile app to assist farmers
The app gives farmers satellite data, crop growth models, soil analysis mapping, independent fertiliser recommendations and weather data.
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LNG sets Mozambique on new growth trajectory
The change in China’s energy policy affords Mozambique the opportunity to cement itself in the global gas market.
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Africa's biggest bank targets its smallest shops in fintech deal
Africa’s biggest bank by assets has invested $4 million in Nomanini, which connects informal merchants with distributors via an e-wallet, and aims to roll the service out across 14 African countries by early 2021.
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Standard Bank posts 5% rise in first-half profit
Africa’s largest lender by assets Standard Bank lifted first-half profit 5%, it said on Thursday, citing extensive continental operations that helped to bolster earnings despite a faltering South African economy.
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These 104 Standard Bank branches will be closed down
Almost 50 branches will be closed in Gauteng alone, with 11 closing in the Western Cape.
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Lesotho wool farmers accuse Standard Bank of helping broker defraud them
Both the farmers and broker Maseru Dawning are clients of Standard Lesotho Bank, and photos and videos of long queues of people waiting to receive their money from the broker through the bank have gone viral.
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South Africa's complaints about banks laid bare
The Ombudsman for Banking Services has released its Annual Report on operations for 2018.
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Banking union Sasbo 'worried' about digitisation of industry
The union has encouraged employees who are facing retrenchments at several banks to consider using their severance packages and other payouts to fund start-ups.
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Sasbo urges retrenched banking sector staff to consider funding start-ups
This week Standard Bank announced 1,200 jobs could be on the line as it begins to streamline its retail business with plans to close 91 branches across the country over the next few months.
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Standard Bank to cut around 1,200 jobs, close 91 branches in SA
Job cuts are sensitive in SA, where unemployment stands at 27%, and the bank’s announcement comes on the back of plans to cut 526 jobs announced in November.
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Standard Bank to testify at Zondo Commission about suspicious SOE transactions
The commisison’s legal team announced on Wednesday that the bank’s Ian Sinton will testify about its role early next month.
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Digital newcomers out to disrupt South African banking
It will be first time the $30 billion industry has faced competition since the early 2000s, when Capitec Bank muscled into a sector dominated by Absa, FirstRand , Nedbank and Standard Bank.
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Standard Bank to lay off over 500 workers
Africa’s largest bank by assets, which has more than 54,000 employees in Africa, said not all the workers affected by the restructuring might be retrenched.
