When disaster strikes: FirstRand’s pay dilemma
The FCA’s MotoNovo redress scheme has cost FirstRand R11.9bn more than expected. Now to see how the remuneration committee responds…
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From buy to bye: FirstRand’s R17.7bn UK bungle
Aldermore was supposed to be an ‘ideal platform’ through which FirstRand could expand in the UK. It’s proved to be precisely the opposite…
The ‘cash back’ clash: Which banks really pay?
From cashback rewards to rising tiers, South Africa’s biggest banks promise plenty. But unlocking real value can feel like a part-time job…
GoTyme, Africa’s first profitable digital bank, gets physical
The bank is moving to consumer hubs to establish more of a physical presence. What does that say about its digital roots?…
FirstRand’s Vilakazi asks South Africa for a ‘more neutral stance’ as Iran war escalates
The bank’s CEO is concerned that geopolitical fallout resulting from South Africa’s perceived alliances could hurt the economy…
Inside Capitec’s big bet on fintech
For a company that started as a microlender, Capitec has evolved into a full financial services shop. And it’s not slowing down yet…
Can Shoprite fill the small business funding gap?
South Africa’s SMEs desperately need more, and better priced, funding options. Shoprite is looking to step into the breach…
The PAPSS promise: Faster, cheaper Africa payments
The Pan-African Payment and Settlement System could transform cross-border payments. But it faces integration, liquidity and infrastructure hurdles…
Banks retreat from climate change commitments – but it’s business more than politics
The Net-Zero Banking Alliance suspended activities in August. Why did such initiatives rise and then fall?…
As African Bank eyes a return to the JSE, who is the man leading it there?
Reviving African Bank, which imploded in 2013, has not been easy. But CEO Kennedy Bungane calls the new incarnation ‘a mission manifesting as a…
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Spar independents push for board overhaul
Spar retailers say they’ve suffered as badly as shareholders through…
This tax workaround is closing soon
Treasury has set the clock running on section 42. Investors…
Prosus’s iFood gamble spooks markets
Prosus is the latest tech firm to suffer a beating…
Hegseth gets grilling on Trump’s $29bn war
Republican and Democrat lawmakers have questioned the US defence secretary…
