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Tuesday, May 20, 2025

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Going away for the long weekend? Using the new toll payment solution reduces fraud by over 90%

Discover how FNB's innovative online toll solution is combating fraud and enhancing convenience for South African motorists, with a significant reduction in card-related fraud since its launch.

Motoring Industry News
Willem van de Putte|Published

Once an economic mainstay, mining output slumps dramatically in February

South Africa's mining output, once a cornerstone of the economy, has seen a staggering 9. 6% year-on-year decline in February.

Business
Nicola Mawson|Published

How South Africa's banks are driving socio-economic change through sustainable investments

South Africa's leading banks are investing in affordable housing, youth employment, and green financing.

Business
Nicola Mawson|Published

How FNB’s eBucks is powering Pick n Pay’s retail comeback

Pick n Pay's partnership with FNB's eBucks programme has exceeded expectations, with 90% of increased spending coming from customers who previously spent less than 20% at the retailer.

Business
Mthobisi Nozulela|Published

The Springboks: Rugby’s hottest brand on and off the field

The Springboks have transformed into a powerful brand, attracting major sponsorships from companies like FNB, Pick n Pay, Coca-Cola, and Monster Energy. This article explores how SA Rugby’s brand value has skyrocketed since 2016, with insights into the mutual benefits of these partnerships.

Sport Opinion
Morgan Bolton|Published

Watch VideoHow the Springboks' jersey sponsorship deals stack up against Kaizer Chiefs, Orlando Pirates

Discover how the Springboks' jersey sponsorship deals have skyrocketed in value, surpassing the R200 million mark.

Sport Rugby
John Goliath|Published

Renewed hope for Springboks Women as FNB becomes primary sponsor of SA Rugby teams

FNB has expanded its partnership with SA Rugby, becoming the principal sponsor of all national teams, including the Springbok Women’s rugby team, marking a significant step towards elevating women's rugby in South Africa.

Sport Rugby Springboks
Malibongwe Mdletshe|Updated

New FNB's eBucks partnership offers greater savings at Pick n Pay

Pick n Pay is set to enhance customer benefits through its partnership with FNB's eBucks programme, expanding eligibility from 1. 4 million to 6. 4 million customers starting April 1

Business Report Companies
Philippa Larkin|Published

SA's big banks post modest 5. 9% earnings in 2024 amid economic headwinds - PwC

South Africa's major banks demonstrated resilience in 2024, posting a 5. 9% increase in combined headline earnings to R119 billion, despite challenging economic conditions. The Big Four banks maintained strong capital positions and saw improvements in credit loss ratios, while advancing their digital transformation initiatives

Business Report Companies
Philippa Larkin|Published

Building index shows mixed sentiment and some hope among South African builders

While the building sector shows signs of optimism, challenges persist as municipal inefficiencies and declining residential investment weigh on builders' confidence

Business Report Companies
Edward West|Published

Ithala’s Betrayal | The Systematic Erasure of Black Banks in South Africa

Ithala's destruction is not an isolated incident; it is a clear indication of what happens when black economic initiatives dare to disrupt the status quo, writes Sipho Tshabalala.

News Opinion
Opinion|Published

Banks' Relentless Exclusion: The Covid-19 Loan Scheme That Was Never Meant for Black South Africans

OPINION: The banks must be forced to serve all South Africans, not just the privileged few. The fight for economic freedom is not over, writes Sipho Tshabalala.

News Opinion
Opinion|Published

‘FNB let me down’: Woman demands answers after boyfriend 'Prince Jomo Kenyatta' vanished with her R2 million pension

Speaking to IOL, Keneilwe (not her real name but her full details have been given to FNB) said when she resigned after working as a professional nurse for more than three decades, she hoped that she would invest some of her money into a transport business.

The Star News
Jonisayi Maromo|Published

Black Exclusion, White Power: South Africa’s Banks Refuse to Transform

The banking sector is not a friend of the people. It has never been. It exists to serve itself, to protect the old order, and to ensure that economic power remains exactly where it has always been.

News Opinion
Opinion|Published

Disappointment for elderly pensioners as Ithala bank struggles with cash withdrawals

Its clients came from all walks of life, including small business owners, young families, farmers, and elderly people who had relied on Ithala to help secure their future.

Daily News News
LUNGANI ZUNGU|Published

Banking sector comes under Parliamentary scrutiny over transparency

The Financial Sector Conduct Authority is set to release a critical report highlighting concerns over banking fees transparency and customer ethics in South Africa. The announcement comes amid parliamentary scrutiny of major banks regarding transformation and account closure practices.

Business Report Economy
Banele Ginindza|Published

Ithala Bank's liquidation reeks of desperation and politics, says Van Rooyen

Ithala Bank's Liquidation Sparks Parliamentary Debate Over Political Motives and Impact on 65,000 Grant Recipients.

News South Africa
Robin-Lee Francke|Published

‘Is BASA colluding with SA banks,’ asks MKP in Parliament

MK Party voices concerns over alleged collusion between BASA and South African banks.

News South Africa
Robin-Lee Francke|Published

SA banks face Parliamentary grilling over collusion, anti-competitive practices and racial bias

Will South Africa's Major Banks Be Held Accountable for Allegations of Collusion and Racial Discrimination?

News Politics
Robin-Lee Francke|Published

R60 billion class action case soon in court

The case was lodged in 2020 and there were many delays, but it is now hoped that the court will within the next few months decide on whether or not to certify this as a class action. Shaw said he honestly believed that unreasonable damage had been done by the banks to these people.

Pretoria News News
Zelda Venter|Published

R60 billion class action case soon in court

The case was lodged in 2020 and there were many delays, but it is now hoped that the court will within the next few months decide on whether or not to certify this as a class action. Shaw said he honestly believed that unreasonable damage had been done by the banks to these people.

News Crime and Courts
Zelda Venter|Published

MK Party questions FNB’s data practices amid Ithala Bank concerns

MK Party expresses serious concerns over FNB's alleged use of client data from Ithala Bank, raising ethical questions in South Africa's banking sector

Sunday Independent News
Sizwe Dlamini|Published

The double standards of reputational risk in SA banking

Explore the inconsistencies in how South African banks manage reputational risk, as highlighted by the Sekunjalo Group’s case, and question whether bias influences their decision-making

Sunday Independent Analysis
Sizwe Dlamini|Published

How Banks Are Weaponising Financial Power to Undermine Democracy

Parliament must act decisively to safeguard democracy by curbing the unchecked influence of banks.

News Opinion
Published

Sustainable financial habits to help you achieve your goals in 2025

Kick-starting the year with a strong financial future in mind.

Business Report Economy
Ashley Lechman|Published