Latest articles from South Africa

south africa unrest

South Africa’s banks count costs of unrest

July 30, 2021

Looting and arson forced the closure of hundreds of branches and caused widespread damage to ATM infrastructure.

Absa front covid

South Africa’s banks squeezed by competition and pandemic

June 2, 2021

New challenges have forced leading commercial lenders to innovate to hold onto market share.

South Africa bubble

South African banks’ loan books merit scrutiny amid Covid crisis

April 21, 2021

Loan portfolios have been skewed towards unsecured lending over the last decade.

Crop test

Financial services FDI to South Africa surges despite pandemic

March 22, 2021

Total financial services capital investment into South Africa rose 41% last year, while Nigeria saw a 57% drop.

Can South Africa’s banks ride out economic storm?

September 22, 2020

South Africa has been hit hard by Covid-19, which has had a dramatic impact on its GDP.

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Sim Tshabalala teaser

Standard Bank Group CEO on a post-crisis Africa

August 10, 2020

Standard Bank Group chief executive Sim Tshabalala on how the Covid-19 crisis is accelerating the adoption of digital banking services.

Alfa Bank teaser

The Banker's Best-performing Banks ranking: BRICS countries

January 2, 2020

Which banks across Brazil, Russia, India, China and South Africa have performed the best in The Banker’s newly introduced ranking that measures a lender's performance across various key criteria? 

Lesetja Kganyago teaser

South Africa CBG looks to build on banks' resilience

May 1, 2019

The governor of South Africa’s central bank tells The Banker about the challenging position the country finds itself in and the impressive performance of its banking sector.

Rand teaser

Will elections leave South Africa on the right track?

May 1, 2019

South Africa's growth forecast of just over 1% in 2019 is a step in the right direction. But issues of debt, inflation and political corruption are still hindering the country's progress. 

Absa teaser

Will digital banks disrupt South Africa's big five?

May 1, 2019

A quintet of big banks dominate South Africa's banking scene, but this could change as the arrival of several low-cost digital banks triggers competition. 

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