The Reserve Bank is set to acquire 50% of BankservAfrica – the group it partnered with to launch PayShap, and push cashless payments in South Africa.

BankservAfrica’s CEO Stephen Linnell said their role has always been to provide essential payment services to financial ...

The South African Reserve Bank’s (SARB) upcoming Monetary Policy Committee (MPC) meeting in November 2024 is widely ...

The South African Reserve Bank’s (SARB’s) monetary policy committee (MPC) will meet for the sixth and final time in 2024 on ...

The deal intends to transition BankservAfrica into a national Payments Utility through a collaboration with commercial bank shareholders.

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank (SARB) ...

The late former Finance Minister Tito Mboweni was fondly remembered by politicians, government leaders, family and ex-colleagues.

MBABANE - For the quarter ended September 30, 2024, the ENPF recorded a total income of E212 411 888, representing an increase of E32 970 680 compared to the previous quarter’s income of E179 441 207.

South Africa's rand recouped some losses on Thursday, a day after emerging market assets took a hit following Donald Trump's ...

The South African Reserve Bank plans to acquire 50% of BankservAfrica to transform South Africa’s digital payments ecosystem, ...

More than 30 financial institutions from countries in the Common Monetary Area, including South Africa and its neighbours ...