QA on Amendments to Money Market Liquidity Strategy of the SARB

The South African Reserve Bank (SARB) will commence purchasing government bonds. Since the introduction of this measure, announced in a media statement issued by the SARB on 25 March 2020, Read More →

Standard Bank Responds to Moody’s Downgrade

Standard Bank notes the action taken by Moody’s rating agency to downgrade South Africa’s sovereign credit rating to Ba1 from Baa3. While the downgrade was almost inevitable in the circumstances, Read More →

Reno-Cloud: Delivering More Value. Faster.

If you know anything about Renovite you will know we love cloud-native payments. We live and breathe it. Even so, I still get amazed sometimes when I really think about Read More →

Transforming Africa’s Cashless Environment

Ukheshe steps forward as Africa’s only transaction platform able to leapfrog all consumers into the digital age of payments

While significant measures have been put in place to Read More →

Further Amendments to the Money Market Liquidity Management Strategy of the South African Reserve Bank and Additions to the Monetary Policy Portfolio

On 20 March 2020, the South African Reserve Bank (SARB), in response to strains witnessed in various funding markets, reviewed the liquidity management strategy. The amendments announced included the implementation Read More →

Fiserv to Enhance Omni-commerce Experience with Acquisition of Bypass Mobile

Fiserv, Inc., a leading global provider of payments and financial services technology solutions, has announced the acquisition of Bypass Mobile (“Bypass”), an independent software Read More →

Sasfin Reports Profit Growth in a Tough Environment

Sasfin posted a 5.67% increase in earnings per share for the half-year ended 31 December 2019. Headlines earnings for the six month is down 2.27% due to adjustments in the Read More →

Re-appointment of Mr Kuben Naidoo as Deputy Governor of the South African Reserve Bank

The South African Reserve Bank (SARB) welcomes the re-appointment of Mr Kuben Naidoo by President Cyril Ramaphosa as one of the three Deputy Governors of the SARB for a second Read More →

Standard Bank Extends Instalment Relief Measures to Personal Account Customers

Standard Bank has announced a second wave of relief to help its customer base navigate financial commitments as Covid-19 continues to impact the livelihood of many individuals across the country. The Read More →

The Banking Sector Needs to Strike a Balance Between Digital and Traditional Delivery Channels

The relentless drive towards digital banking is making banks ‘invisible’, leaving customers looking for more value, human engagement and diversity of transactional channels according to the South African Customer Satisfaction Read More →

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