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<p>The retail banking industry is starting to restructure into digital banking. However the price to pay for the technological workforce progress is the loss of jobs.  The recent news that Standard Bank has planned to shut down 91 of its branches across the country will result in job losses of 1 200 people. More banking institutions are going to follow in suit and for more on this CNBC Africa is joined by Joe Kokela, General Secretary of the Finance Union of South Africa (SASBO).</p>


Digital Banking: A threat to jobs in SA’s banking sector


<p>By CNBC Africa </p>



<p>Standard Bank will close 91 branches in South Africa, with the vast majority of these closing by June 2019. These changes will impact approximately 1200 jobs. The bank said the changes are part of its plan to realign its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services. It added that as part of a support programme agreed with its union, SASBO, the bank will implement a comprehensive exit package which significantly exceeds the requirements as set out in the Labour Relations Act. </p>



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<p>Read its full statement below</p>



<p><strong>Standard Bank South Africa implements a
new banking delivery model</strong></p>



<p><strong>JOHANNESBURG, 14 March 2019 &#8211; </strong>Standard Bank is realigning its retail and
business banking delivery model to the changing needs of customers amid rapid
adoption of digital banking products and services.</p>



<p>The shift in customer behaviour means that our clients
are using our branches less.</p>



<p>As such, we have re-looked our retail and business
banking delivery model so that it is geared to serve the needs of our
customers. </p>



<p>As part of the implementation of the new banking
delivery model, some of the roles currently being performed in our branches
will change. A decision has also been taken to close 91 branches, with the vast
majority of these closing by June 2019. These changes will impact approximately
1200 jobs. However the actual number of employees who will ultimately exit the
employ of Standard Bank SA could be lower, as new opportunities will become
available in the new operating model.&nbsp; </p>



<p>We have worked
hard to minimise the impact of this re-organisation on our people. As part of a
support programme agreed with SASBO, Standard Bank SA will implement a
comprehensive exit package which significantly exceeds the requirements as set
out in the Labour Relations Act. </p>



<p>We have also set
aside funds to assist employees acquire new skills to improve their competitiveness
in the labour market, as well as entrepreneurial training and financial
assistance.</p>



<p>This has not been an easy decision to make. We
recognise that this is a very stressful time for everyone. Briefing sessions
kicked off early this week, and our leaders will continue to engage colleagues
across the provinces over the next few weeks. </p>


Standard Bank to close 91 branches; 1200 staff to be impacted

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<p>Standard Bank will close 91 branches in South Africa, with the vast majority of these closing by June this year. These changes will impact approximately 1200 jobs. The bank said the changes are part of its plan to realign its retail and business banking delivery model to the changing needs of customers amid rapid adoption of digital banking products and services. Funeka Montjane, Chief Executive Personal &#038; Business Banking South Africa, Standard Bank joins CNBC Africa for more.</p>


Standard Bank’s Montjane reveals more details on branch closures, job losses

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<p>Ghana is looking to attract foreign capital by improving its business environment with the announcement of 10 new measures. Meanwhile, the country is seeking a $750 million U.S dollar bridge loan from Stanchart and Standard bank. John Gatsi, Head; Finance Department at the University of Cape Coast joins CNBC Africa to discuss Ghana’s funding strategy as it prepares to exit the IMF programme.</p>


Ghana announces new measures to create conducive business environment

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<p>South Africa’s volatile political year poses a threat to the socioeconomic environment in SA which could further sovereign credit rating downgrades, this is according to Standard Bank.  CNBC Africa reporter Kopano Gumbi, caught up with Standard Bank’s Chief Economist, Goolam Ballim for the banks macro-economic outlook for this year.</p>


Standard Bank economic outlook: A year of two halves

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<p>As discoveries of crude oil continue to be made in East Africa, financial institutions are looking to tap into opportunities in the ever growing downstream business.</p>


Financial institutions seek to tap into East Africa’s oil discovery

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<p>Muyiwa Oni, Regional Head of Equity Research for WA at the Standard Bank Group joins CNBC Africa to unpack CBN Q1 2018 credit conditions survey report and give a credit outlook for the rest of the year.</p>


Unpacking CBN Q1 2018 credit conditions survey report

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<p>Standard Bank announced its global headline earnings for the year to end-December 2017 increased by 14 per cent to R26.3 billion.</p>


West Africa lifts Standard Bank’s FY numbers

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<p>Nigeria&#8217;s Central Bank has issued a directive that prevents banks with low Cash Adequacy Ratios and a high ratio of Non-performing loans from paying dividends.</p>


CBN tightens rules on dividend payment by banks

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<p>There are tough times for the shrinking platinum industry in Africa as prices fall and new innovation that could spark recovery look remote.</p>


22 000 jobs at risk in SA’s platinum sector

<p>By Standard Bank</p>
<p>Standard Bank notes that the <a href="http://cnbc.africa/category/insights/anc-elective-conference/">African National Congress</a> has elected a new leadership and National Executive Committee.  We congratulate the new Top 6 and NEC members.</p>
<p>As the ANC is the governing party, the choices it makes are of great importance for all South Africans. The ANC’s policy decisions and style of governance are the most important influences on the performance of the South African economy. </p>
<p>What the ANC decides now, and how it implements those decisions, will largely determine whether more inclusive and more rapid growth will be possible &#8211; or whether our economy will continue to stagnate. </p>
<p>As a leading contributor to the economic development of our country, Standard Bank has a right and a duty to argue for policies and approaches to governance that will reverse South Africa’s economic decline and that will foster the conditions for much faster and more inclusive growth, more job creation, and further transformation.  </p>
<p>Far-reaching structural reform is urgently required. We call on the new-elected ANC leadership to adopt policies and set the direction of government to:<br />
•	Reinforce Constitutionalism and the rule of law, and ensure that the appropriate authorities  take quick and decisive action against public and private sector corruption<br />
•	Prevent the fiscal deficit from rising to unsustainable levels and start a credible process of fiscal recovery. This requires reinforcing the authority of the National Treasury, improving the quality of revenue collection and of public expenditure, and reducing the government’s contingent liabilities arising from debts of the State-owned Enterprises<br />
•	Reform the governance and management, and strengthen the capital and liquidity structures, of the State-owned Enterprises<br />
•	Stabilise and modernise the regulatory environments in the mining, energy and communications sectors<br />
•	Clarify rural property rights and accelerate land reform<br />
•	Implement a sustainable system for financing tertiary education which enables all academically qualified students to study.<br />
Taking these steps will restore business and consumer confidence and will enable South Africa to grow fast enough to prevent unemployment and poverty from worsening.</p>
<p>To set South Africa firmly on the path to prosperity, we also require new large-scale investments in infrastructure by both the public and private sectors.  Major reforms of our primary, secondary and vocational education systems, of the health system, and of many local, provincial and national departments and agencies are needed.  We will not be able to generate the resources required for these larger and longer-term projects unless we implement the urgent reforms listed above.</p>
<p>Standard Bank remains entirely confident in the strength of South Africa’s democratic institutions and the future of the South African economy. We are committed to supporting the transformation of South Africa into a more equitable and prosperous society. We look forward to engaging with the new ANC leadership on these and other policy matters and to continuing to play our part in achieving inclusive and sustainable growth.</p>


Standard Bank’s open letter to ANC’s new president Cyril Ramaphosa

<p><em>By Standard Bank</em></p>
<p>The Standard Bank Group is pleased to announce that it has appointed Lungisa Fuzile, former Director-General of the National Treasury, as Chief Executive of the Standard Bank of South Africa (SBSA), the largest business within the Standard Bank Group.</p>
<p><img loading="lazy" decoding="async" class="aligncenter wp-image-294320 size-full" src="http://cnbc.africa/wp-content/uploads/2017/12/Lungisa-Fuzile_GettyImages_RZ.png" alt="" width="850" height="566" /></p>
<p>Mr Fuzile’s appointment is in line with the Group’s commitment to ensure that we have the highly skilled human capital and strong leadership required to deliver on the Group’s vision to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value.</p>
<p>Mr Fuzile will be accountable to the Board of SBSA, with a reporting line to Group Chief Executive Officer Sim Tshabalala. Mr Fuzile will join both the Group Executive Committee and the Group Management Committee.</p>
<p>Sim Tshabalala says: “We welcome Mr Fuzile to the Group and look forward to working with him in his new role. Mr Fuzile has an outstanding reputation in our industry. He will play a critical role in helping the Group to provide consistently excellent service, meet our financial targets, and achieve the Group’s purpose: Africa is our home we drive her growth.”</p>
<p>Mr Fuzile says “I look forward to joining the team at Standard Bank and to making a meaningful contribution to the success of SBSA and the Group as a whole.”</p>
<p>Mr Fuzile’s appointment is effective 15 January 2018.</p>


Standard Bank Group appoints former National Treasury DG Lungisa Fuzile as CEO of its South African operation

<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-291417" src="http://cnbc.africa/wp-content/uploads/2017/11/sb.png" alt="" width="1030" height="87" /></p>
<p><em>This content was supplied to CNBC Africa by Standard Bank</em></p>
<p>The past year has been one of economic progress for Nigeria, with Africa’s largest economy managing to crawl back into growth territory in the second quarter of 2017.</p>
<p>The Nigerian government has realised that it needs to make the country as attractive and lucrative as possible for offshore investors to bring their capital, skills and business trade into the country. One way is to provide tax holidays to “pioneer companies,” who are engaged in the production of export goods, establishing new industries, or expanding production in vital sectors of the economy.</p>
<p>Pioneer companies that are eligible under the Industrial Development (Income Tax Relief) Act can enjoy an income &#8220;tax holiday&#8221; for a period of up to five years. In addition, pioneer companies enjoy other benefits such as the exemption from withholding tax on dividends paid out of pioneer profits.</p>
<p>Here’s a look at investment opportunities to consider:<br />
<strong><br />
MANUFACTURING</strong><br />
Nigeria’s population is an estimated 186 million people. This population suggests a massive potential workforce as well as a consumer base. For a manufacturer this is an ideal scenario, not only do you have potential customers, but you also have potential employees. The Nigerian government is eager to expand the manufacturing capability in the country, and to that end they are offering incentives for manufacturers that are able to locally source their raw materials, for example agro-allied manufacturers processing foodstuffs such as fruit juices and vegetable oils.</p>
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-293877" src="http://cnbc.africa/wp-content/uploads/2017/12/Manufacturing.jpg" alt="" width="2048" height="1377" /></p>
<p>Any manufacturing industry that provides multiplier effect solutions for the economy is also looked upon favourably. An example of this would be machine tools, flat sheet metal, and spare parts manufacturing. Finally, any investment in research institutes, especially those that focus on adaptive research and commercialisation of local inventions, is looked upon favourably by the Nigerian government.</p>
<p><strong>INFORMATION AND COMMUNICATION TECHNOLOGY SERVICES </strong><br />
Nigeria is one of the fastest growing internet users in the world. According to Statista, a global statistics company, there are approximately 76.2 million Nigerian internet users as of 2017. This is an increase of nearly 50 percent from the 2013 figure of 51.8 million. There are millions of Nigerians who are interested in involving themselves in Information Communications and Technology Services (ICTS). This new economy does not require someone to be in a specific location to provide the service needed, rather they can be located anywhere in the world. An organization that has seen the potential in Nigeria is US-based software trainer Andela. The company offers learning programmes for young adults who are wanting to become computer programmers. The learning programme is a 2-year practical course where the learner interacts with companies around the world and assists them in building programmes, websites, and mobile applications. After the conclusion of the programme the learner is able to provide remote programming support to companies that they have built a relationship with. By tapping into the under developed skills of the Nigerian youth, there are countless opportunities for new economy companies to develop technology leaders of the future in Nigeria and in the rest of Africa.</p>
<p><strong>AGRICULTURE </strong><br />
Nearly one third of all employed Nigerians find themselves working in the agricultural sector, which is one of the country’s main foreign exchange earners. The Nigerian government has set up incentives to help modernise and mechanise their agricultural industry. Not only will locally grown foodstuffs be promoted on behalf of the investor, business and enabling companies may receive the pioneer company status and qualify for tax incentives.</p>
<p>Subsidies on fertiliser, and zero import duties on raw materials needed to manufacture livestock feed are some of the other incentives to attract investors to this sector. Another is the release of grants from the Raw Materials Research and Development Council for research and development that leads to the greater domestic use of Nigeria’s raw materials.</p>
<p><strong>PRIVATE EDUCATION</strong><br />
The need for skilled trades persons, computer programmers, and agricultural workers will only increase in demand as Nigeria transforms its economy and becomes an international economic power. At present there is an opportunity for private education to offer specific programmes that are in demand in the country. Nigeria is a country with vast underemployment and by offering distance learning or night schools, there is potential for strong investment returns in for-profit education. As an example, one can look at the success of Curro in South Africa, which began as a private for profit primary and secondary schools but now even has a post-secondary offering. If a Nigerian model were created that focused on skills development, the potential returns could be very lucrative.</p>
<p>Nigeria is in the fortunate position to offer investment opportunities to both local and international persons and companies. The need to develop the Nigerian economy offers lucrative potential returns for those looking to invest in the above sectors, including manufacturing and private education. These areas are in some ways interconnected, and by increasing the investment and development in one area, there is tremendous potential for spillover into the other sectors.</p>
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Nigeria’s hottest investment opportunities

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<p>Dubbed the Paradise Papers, a leak contains 13.4 million documents; mostly from one leading firm in offshore finance about how some of the world’s elite have been hiding money in offshore tax havens.</p>


Why SA’s rich are hiding their money

<p><em>By: Standard Bank</em></p>
<p>Sela  Kasepa attended her first semester at Harvard University in August last year. Just months prior, the 21-year-old was mulling over her education, uncertain of her future plans. That changed after watching a CNN insert featuring the first Pan African Robotics competition founded by Dr. Sidy Ndao. Kasepa was captivated. That same evening she took a chance and sent a cold email to Dr. Ndao inquiring about robotics. Two days later, he responded with encouragement to pursue robotics. Sela found inspiration from the Pan African Robotics founder and her interaction with him made her believe that she too could create with her hands. This encounter set a trail for her journey as a robotics mentor.</p>
<p><div id="attachment_289521" style="width: 650px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-289521" class="wp-image-289521 size-full" src="http://cnbc.africa/wp-content/uploads/2017/11/robotics_team_in_dc_ZISD.jpg" alt="" width="640" height="482" /><p id="caption-attachment-289521" class="wp-caption-text"><em>Zambia Institute of Sustainable Development: Standard Bank</em></p></div></p>
<p>Kasepa never imagined one day she would take a mechanics class, let alone at the prestigious Harvard University. Kasepa completed her schooling with funding from the Zambia Institute of Sustainable Development (ZISD), acing her GCSEs with 10 distinctions in 10 subjects. She had excellent grades and big dreams, but two years after graduating grade twelve she had little else to show for it. Her passion for astrophysics fueled her ambition to study at a university that encouraged holistic learning &#8211; she took her first SAT tests on her own and thereafter sent applications to Ivy League Universities in the United States. Her first attempts were futile, with no scholarship offers.</p>
<p>During those difficult years of uncertainty, Peter Lungu, Executive Director of ZISD, reached out to Kasepa because of her interest in the SAT programme the non-profit institution offers. The small action pivoted into a mentorship relationship, with Lungu urging Kasepa to continue applying to her desired universities. After redoing her SATs with her mentor’s guidance, she attained a perfect score in Physics (800) and a 790 in Maths Level II.</p>
<p>On the final day of call for applications, Kasepa submitted her application to Harvard. Along with Stanford, MIT, Michigan State University, and University of California Berkeley, she was successful, with each admission offering scholarships.</p>
<p>Two semesters in, Kasepa signed up for an engineering robotics class. The joy of creating something that works rekindled her love for the functionality of machines. “It’s a time when you realize your hands are capable of doing so much,” she says.</p>
<p>A lunch chat with a Rwandese friend turned to development talk. She was fascinated by how Rwanda, a country with few natural resources, was making groundbreaking progress far ahead of her own country. Her friend’s comment that a country&#8217;s’ top resource is its people, struck a chord. “If we the people don’t take the reins to develop our country, no matter our resources, we cannot develop,” she says.</p>
<p>In the coming days, Kasepa spent hours online looking for a competition her country could participate in, until she eventually came across FIRST Global Robotics competition. Another cold email later, the organizers advised her to enlist Zambia. Even though she was above the age restriction to participate in the competition, she had the opportunity to mentor a Zambian team – if she could build one last minute. She picked up her phone to call Lungu to ask him to help prep a team to participate in the FIRST competition.</p>
<p>Lungu never expected to co-mentor a robotics team. He had never been versed in engineering or robotics. His role at ZISD was a vocational call after a long lucrative career as an auditor. When he was awakened in the middle of the night by Sela with news that Zambia could participate in the FIRST Global Robotics if they got a team together, he did not hesitate. While he already had access to the country’s most brilliant students, none of them had any knowledge of robotics before. The 2017 robotics challenge was about water. This required tools, equipment, preparation, and travel for the competition. This meant funds for the team.</p>
<p>Sela sent even more cold emails in search for sponsorship, much in vain. At a coffee with her professor Evelyn Hu, she made mention of her struggle, and was amazed when a few days later Hu connected her to sponsors for three of the team members plus a mentor. After rallying with the local team in Zambia, Peter Lungu liaised with Ethiopian airlines for a sharply discounted airfare so all seven members of the Zambia Robotics team could be present for the competition.</p>
<p>Sela says shifting from mentee to mentor gave her a moment&#8217;s pause. “It was scary on my part. This is something new. (You’re) mentoring people in a new area, I was nervous about that. I’m grateful to Mr. Lungu who helped me co-mentor the team.”</p>
<p>Unable to miss her classes, Kasepa watched the competition for her computer. She entrusted team captain Mwengwe Mpekansambo to take charge even after their machine broke down during trials. Working all night, the former head girl at Fatima Girls encouraged her six teammates to fix the problem. Makasa Mwamba, Mphande Phiri, Chewe Malupenga, Clivert Mande, Jireh Katebe, Ephraim Mulilo, Meek Simbule, Njavwa Kabandama, and Mary Ngoma all went from no knowledge on robotics to hands-on leading Zambia on her maiden competition to attain 32<sup>nd</sup> position out of 163, applying their various capacities from the makeshift robotics shop at ZISD center.</p>
<p>https://soundcloud.com/africacom/captaining-zambias-first-robotics-team#t=2:22</p>
<p><em>INTERVIEW WITH TEAM CAPTAIN </em>MWENGWE<em> MPEKANSAMBO</em></p>
<p>On the competition, Kasepa says: “For me, this is not just about competing. I want the idea to spread. Robotics is not just about building a robot; it is realizing we can do something with our hands.”</p>
<p>The world of robotics opened Sela’s mind to a world of possibilities. The global robotics competition in Mexico 2018 is in her sights and she wants to take the reins on the upcoming Zambian robotics team. Her goal for the team is to instill in them a sense of ownership and responsibility. She wants their endeavors to move beyond seeking sponsorship for competitions to being a self-sustainable team propelling innovation in the Southern African country. Her hopes are for mini-robotics competitions to spring around Zambia so that new talent can have a platform as well.</p>
<p>Sela Kasepa admits the journey has not been without its trials for her.  She has since been proactive in a competitive learning environment full of new challenges and rigorous study. Kasepa aspires to become an aerospace engineer, influenced by ZISD Founder Chiluwata Lungu, an aerospace engineer himself. When she worried about employment possibilities in Zambia if she chose to delve in the complex course, he opened her eyes to the multifaceted nature of engineering and the practicality of combustion and propulsion in different sectors of STEM.</p>
<p>The path she’s worked so hard to attain comes with its sacrifices. Intensive study, time zone difference, and her extracurricular activity such as being part of the Harvard robotics club, have made it difficult for Sela to always stay in touch with friends and family. During semester break, she only spent about six days at home in Kitwe and the rest of the four weeks working alongside her ZISD family in Lusaka to organize a robotics showcase for Zambian children.</p>
<p>Back at Harvard, the learning experience has exceeded her expectations and she admits she will need to attain work-life balance to maintain a social life.</p>
<p>“My classmates (at Harvard) are now my friends. The courses can be tough and when we work together to solve complex problems, a bond of friendship is formed… The open door policy at Harvard is also amazing. I can walk into any professor’s office and ask about their course. The professors are very passionate here.”</p>
<p>On what kept her going when she was ready to give up during her years out of school, she quotes a quote she saw on a friend’s social media. She lives by it. “Do not let reality change your dreams, change your reality with your dreams.”</p>


Powering Zambia’s First Robotics Team

<p>Barclays Africa and Standard Bank said on Monday they would stop working with McKinsey, a further blow to the global consultancy as it faces allegations of bribery for work done with friends of South African President Jacob Zuma.</p>
<p><div id="attachment_284103" style="width: 1034px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-284103" class="wp-image-284103 size-full" src="http://cnbc.africa/wp-content/uploads/2017/09/McKinsey_Flickr.jpg" alt="" width="1024" height="768" /><p id="caption-attachment-284103" class="wp-caption-text"><em>McKinsey faces allegations of bribery for work done with friends of South African President Jacob Zuma.</em></p></div></p>
<p data-reactid="43">Privately-held McKinsey, the world’s largest management consultancy, has denied doing anything illegal but said this month that it was embarrassed by mistakes it made while working with South African state utility Eskom last year.</p>
<p>McKinsey said it regretted working on a 1.6 billion rand ($113 million) contract at Eskom alongside a company controlled by the Gupta family, wealthy friends of President Zuma who are accused of unduly influencing government contracts.</p>
<p data-reactid="46">Zuma and the Guptas deny wrongdoing.</p>
<p data-reactid="47">Barclays Africa and Standard Bank told Reuters in separate emailed responses to questions that they would terminate their relationships with McKinsey without giving reasons.</p>
<p data-reactid="48">McKinsey declined to comment.</p>
<p data-reactid="49">The Gupta brothers, who work with Zuma’s son, Duduzane, were accused by South Africa’s anti-corruption watchdog last year of using control over state agencies to siphon public funds.</p>
<p data-reactid="50">South Africa’s parliamentary committee on public enterprises is investigating whether McKinsey knowingly let funds from Eskom be diverted to Gupta-controlled firm, Trillian, as a way of securing the deal.</p>
<p data-reactid="51">Corruption Watch, a South African anti-graft NGO, is preparing a submission to the U.S. Department of Justice asking it to investigate McKinsey’s dealings with Trillian.</p>
<p>($1 = 14.0950 rand)</p>
<div class="Attribution_attribution_o4ojT" data-reactid="52">
<p class="Attribution_content_27_rw" data-reactid="53">Reporting by TJ Strydom; Writing by Joe Brock; Editing by Louise Heavens</p>
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Two banks drop McKinsey in fallout from South Africa scandal

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<p>It&#8217;s very important to plan for your life, both while you still alive and when you die. A lot of people tend to confuse life insurance and funeral plans. While the two are related they have important differences which could cost you dearly.</p>


Standard Bank

Digital Banking: A threat to jobs in SA’s banking sector

Standard Bank to close 91 branches; 1200 staff to be impacted

Standard Bank’s Montjane reveals more details on branch closures, job losses

Ghana announces new measures to create conducive business environment

Standard Bank economic outlook: A year of two halves

Financial institutions seek to tap into East Africa’s oil discovery

Unpacking CBN Q1 2018 credit conditions survey report

West Africa lifts Standard Bank’s FY numbers

CBN tightens rules on dividend payment by banks

22 000 jobs at risk in SA’s platinum sector

Standard Bank’s open letter to ANC’s new president Cyril Ramaphosa

Standard Bank Group appoints former National Treasury DG Lungisa Fuzile as CEO of its South African operation

Nigeria’s hottest investment opportunities

Why SA’s rich are hiding their money

Powering Zambia’s First Robotics Team

Two banks drop McKinsey in fallout from South Africa scandal

Understanding the difference between life insurance and funeral plans

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Standard Bank

Digital Banking: A threat to jobs in SA’s banking sector

Standard Bank to close 91 branches; 1200 staff to be impacted

Standard Bank’s Montjane reveals more details on branch closures, job losses

Ghana announces new measures to create conducive business environment

Standard Bank economic outlook: A year of two halves

Financial institutions seek to tap into East Africa’s oil discovery

Unpacking CBN Q1 2018 credit conditions survey report

West Africa lifts Standard Bank’s FY numbers

CBN tightens rules on dividend payment by banks

22 000 jobs at risk in SA’s platinum sector

Standard Bank’s open letter to ANC’s new president Cyril Ramaphosa

Standard Bank Group appoints former National Treasury DG Lungisa Fuzile as CEO of its South African operation

Nigeria’s hottest investment opportunities

Why SA’s rich are hiding their money

Powering Zambia’s First Robotics Team

Two banks drop McKinsey in fallout from South Africa scandal

Understanding the difference between life insurance and funeral plans

News Tips

Advertise With Us

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