Mail & Guardian
Mail & Guardian
fnblatest news & developments

Africa rising – how digital payments are unlocking a new era of economic inclusion

Across much of Africa, the way money crosses borders reflects a continent in transition. Cash, mobile money and digital banking all coexist, but not with equal ease. While…

A former FNB employee is accused of stealing more than R15 million from a 92-year-old woman, whose vigilance on her accounts revealed the alleged scam.
(Kyle Venktess/Fin24)

FNB employee up for fraud over R15 million moved from 92-year-old woman’s account

The now-deceased pensioner’s vigilance resulted in the scam to allegedly defraud her investment account being discovered

The uncertainty created by the possibility of a coalition government
is putting people off big-price buys

Property sales slow ahead of poll

The uncertainty created by the possibility of a coalition government is putting people off big-price buys

Blinkered: The big screen industry is still recovering from Covid. Ster-Kinekor went into business rescue in January 2021 until November 2022. Photo: Sourced

Ster-Kinekor suffers blockbuster blues

But the cinema group’s chief executive insists that the show will go on as load-shedding abates

Elevate your banking experience with secure and convenient payment solutions from FNB

It’s imperative to know how to navigate today’s digital banking landscape

Imtiaz Suliman, Head of Shari’ah, Sentio Capital Management

The practical, religion-agnostic world of Shari’ah financial services

A differentiated segment of financial solutions available to all consumers

Consumers are angry that the government is treating them like a cash cow instead of fighting corruption and improving its fiscal discipline. File photo by Dwayne Senior/Bloomberg via Getty Images

SA consumers struggle as food prices soar

World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high

A recent 1,900-mile journey from mines in Congo and Zambia shows how, a century after commercial mining began here, the worlds hunger for copper is again reshaping the region. Photographer: Zinyange Auntony/Bloomberg via Getty Images

Zambia’s economy is controlled by foreigners

After nearly six decades of independence the need for real change in the country hasn’t diminished

Classic: Sean Summers returns

Pick n Pay: Summers is back, but will the Ackermans check out?

The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control

Alan Pullinger is stepping down as FirstRand’s chief executive

Mary Vilakazi to replace Alan Pullinger as FirstRand chief executive

The FirstRand chief operating officer is set to become the first black woman to run a major banking group in South Africa

Savings wake-up call for South Africa

Consumers dipping into trusts amid financial strain

With interest rates at a 14-year high, many South Africans have depleted their emergency savings

Consumer confidence has rebounded from the low recorded in the second quarter, but it remains firmly within depressed territory. Photo: Waldo Swiegers/Bloomberg/Getty Images

Depressed consumer sentiment lifts slightly

The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the…

with interest rates expected to remain elevated for some time, prospective homebuyers may be better off holding back a little while longer. Photo: Jacques Stander/Gallo Images

EXPLAINER: Even as inflation falls, homebuyers hold off

Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks

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

Workers carry out repairs at the Tutuka coal-fired power station in Mpumalanga. File photo: Waldo Swiegers/Bloomberg

Energy crisis factors into SA credit trends

Financial conditions are tight but demand for credit has remained robust in the face of interest rate hikes

Jason Foster is a co-director of the same company as Richard Marsden.

How R31.5 million was stolen from FNB and Rand Merchant Bank clients

British citizen Richard Marsden apparently orchestrated the defrauding of clients at FNB, Absa and Rand Merchant Bank

Knorx Molelle. Picture: Bulelwa Makeke

‘I didn’t steal R13.9 million’– former NPA director Molelle

Molelle is accused of having received R2 million from the money Mahendren Munsamy allegedly ‘stole’ from former Eskom executive Anoj Singh

Former Transnet chief financial officer Anoj Singh. (Photo by Papi Morake/Gallo Images via Getty Images)

Former Eskom executive and corruption suspect Anoj Singh ‘defrauded of R13.9 million’

Mahendren Munsamy, accused of stealing R420 million from FNB and Sasol, allegedly also stole from Singh

Ntokozo Xaba was found dead with multiple stab wounds at her off-campus residence in Pretoria Gardens on 2 February, after her friends could not reach her over the phone.(Instagram/@ntokozoxaba_)

Editorial | Ntokozo Xaba: There’s nowhere to hide for black women in a country designed to suppress

This is the country in which falling in love may be a death sentence and romance is being stabbed to death, remains dismembered and stuffed into a suitcase to be left on the street

(Photo by: Peter Titmuss/UCG/Universal Images Group via Getty Images)

High Cape Town home prices prompt semigration sprawl

With more people relocating to the coast, demand in the Mother City has sent prices soaring