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

Financial services FDI to South Africa surges despite pandemic
March 22, 2021Can South Africa’s banks ride out economic storm?
September 22, 2020South Africa has been hit hard by Covid-19, which has had a dramatic impact on its GDP.

Standard Bank Group CEO on a post-crisis Africa
August 10, 2020Standard Bank Group chief executive Sim Tshabalala on how the Covid-19 crisis is accelerating the adoption of digital banking services.
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The Banker's Best-performing Banks ranking: BRICS countries
January 2, 2020Which 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?

South Africa CBG looks to build on banks' resilience
May 1, 2019The 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.

Will elections leave South Africa on the right track?
May 1, 2019South 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.

Will digital banks disrupt South Africa's big five?
May 1, 2019A 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.
Top five South African banks
September 25, 2018South Africa’s top lenders strengthened their balance sheets in 2017, but are now entangled in a corruption inquiry. Joy Macknight reports.

Is the worst over for South Africa's spluttering economy?
May 2, 2016At first glance, South Africa is in a position of near-crisis. Its economic growth is sluggish, its government is making a series of unpopular decisions, and a severe drought is denting its agricultural output. However, the private sect seems to approve of the country's new finance minister, and the rand is showing signs of stability. So is there cause for optimism? James King investigates.

South Africa's banks stay ahead of the slump
May 2, 2016Though South Africa's economy is cooling, its banks are continuing to perform strongly. For some, growth is coming from operations elsewhere in Africa, while for others its is stemming from the domestic market. James King looks at the strategies being employed to keep the country's lenders buoyant in a slow-growth environment.