Latest articles from South Africa

African banks seek expansion beyond home markets

African banks seek expansion beyond home markets

African banks are increasingly looking outside of their domestic markets, and many of the continent's biggest lenders are now active in multiple countries, buoyed by greater access to vast unbanked populations and a more stable political environment.

competing for dominance

Emerging markets face currency conundrum

A combination of policy intervention in emerging markets and high residual risks in developed markets means volatility in emerging market currencies looks set to continue.

Are emerging market banks more transparent?

Banks in emerging markets appear to run greater risks to achieve greater returns. But they may just be more conservative in assessing their risks.

From left: Peter Baillargeon, John Ngumi and Florian von Hartig

Making full use of a renewed investor interest in African markets

New-found political stability is setting the stage for global investor interest in many African countries, and Standard Bank's debt capital markets team is leading the way. Writer Edward Russell-Walling

South African banks in limbo

South Africa's authorities are hesitating over proposals to cut bank charges and open up the payments system to non-bank providers, causing frustration and paralysis. Writer Michael Imeson

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Eyes on the prize

Retail banking in South Africa has emerged relatively unscathed from the global recession. Bankers are now taking advantage of the upturn, the confidence generated by the forthcoming World Cup hosted in the country and the largely untapped potential presented by the under-banked and unbanked population. Writer Michael Imeson

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Pravin Gordhan

Pravin Gordhan, South Africa's minister of finance

South Africa's finance minister talks about the steps taken to steer his country towards economic recovery.

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Funding Africa's agrarian revolution

Five decades of neglect left Africa's agricultural sector in a parlous state, but last year's food crisis galvanised global opinion that something must be done - and soon - to transform the continent's vast potential into reality. Financing small farmers is the first step. Writer Charlie Corbett

Standard Bank benefits from its Chinese partnership

The chief executive of South Africa's Standard Bank, Jacko Maree, talks about his international aspirations and how he is taking advantage of the relationship with Chinese state-owned banking giant ICBC to expand Standard Bank's global presence. Writer Charlie Corbett in Cape Town

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Leaning against the wind

South Africa's banking sector has so far proved resilient to the country's worst recession in 17 years, but faced with soaring unemployment and high levels of consumer debt, the biggest challenges lie ahead. Writer Charlie Corbett in Johannesburg and Cape Town