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The M&G understands that the IDC has spent over R54 million in the last three years on various law firms just on ER matters alone.

Exclusive: Club Med deal exposes IDC governance failures

Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development

Group Chief Executive Kennedy Bungane. Photo: African Bank

African Bank to relist on JSE in 2027, CEO Kennedy Bungane says

The bank’s executives say it has fully recovered after being suspended from the stock exchange in 2014 and is on a mission to broaden financial access and inclusion

Empowering women’s financial journeys: Insights from Money Talks podcast series

Financial literacy, self-awareness, confidence, and collaboration are key to financial success

Money talks podcast series

A 6 Part Podcast Series #UnlockWomen about Money, Wealth and the balance of making it all work! Money, money, money! On July 5th, the Mail & Guardian, in partnership with African…

Money Talks Podcast Episode 6 | Importance of honesty and discipline in money management

Embrace your power to manage your money

Empowering women entrepreneurs: Fostering confidence and support

Let’s build a network of confident and thriving women entrepreneurs together

Video

Money Talks Podcast Episode 5 | How childhood experiences shape your entrepreneurial journey

Empowering women entrepreneurs: Fostering confidence and support

Video

Money Talks Podcast Episode 4 | Know what your money mindset is

Move from a place of comfort to a place of courage

Video

Money Talks Podcast Episode 3 | Unlocking women’s financial empowerment

There’s enough out there for all of us

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Money Talks Podcast Episode 2 | We all have the same potential for success

Learn to love money, in order to attract abundance

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Money Talks Podcast Episode 1 | Unlock women about money

Women empowering women: Support that lasts all year round

Despite problems in Nigeria, Standard Bank said it anticipates more growth from its Africa operations. (Waldo Swiegers/Bloomberg via Getty Images)

SA banks brace for interest rate bust-up

A higher cost of borrowing is generally good for bank profit margins – until it isn’t

Rands and sense: African Bank chief executive Kennedy Bungane says it is on target to realise its aim of being a broad-based black bank, set out nearly 60 years ago. (Delwyn Verasamy/M&G)

African Bank is daring to dream big

With the tagline ‘the audacity to believe’, it will need to be ambitious to be seen as a real competitor

(Photo by  Sipho Maluka/Sunday Sun/Gallo Images/Getty Images)

Digital ‘disruptor’ eats jobs at SA banks amid unemployment crisis

With fewer people visiting branches, opting to seek services online, something has to give

The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator

Reserve Bank fails to find buyer for African Bank stake

The central bank announced it would dispose of its 50% shareholding given its potential conflict of interests as a regulator

Ruwayda Redfearn

‘It is right that auditing is under scrutiny’ — Deloitte Africa CEO-elect

Incoming chief executive Ruwayda Redfearn says Deloitte has learned a lot about the importance of ‘professional scepticism’ from its corporate mishaps

Off target: Capitec Bank took on short-seller Viceroy, whose founder Fraser Perring is pictured, and whose report on the bank was subsequently found to be false. (Photo: Guillem Sartorio/Bloomberg via Getty Images)

Capitec Bank flies high above Viceroy’s arrow

The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth

Basani Maluleke

Former African Bank boss announces her move to Capitec

Basani Maluleke will join the innovation team to find ‘the next big thing for Capitec’

Economists widely expect the South African Reserve Bank’s monetary policy committee to once again hold the interest rate at 8.25% when it concludes its meeting on Thursday.

Reserve Bank could sell its stake in African Bank in two years

The Reserve Bank owns 50% of African Bank, the Public Investment Corporation owns 25% and a consortium of private banks own the remaining 25%

Brave new banking: African Bank has launched an account that does not charge a monthly fee. Older banks are being forced to follow the young trendsetters in the industry. (Delwyn Verasamy)

New shots fired in banking wars

Consumers can only benefit as the big four banks give in to pressure from low-fee upstarts and digital newcomers