HSBC to exit South Africa as FirstRand and Absa step up
HSBC says it has reached an agreement to transfer the business of its branch in South Africa to FirstRand Bank.
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Staff Writer
Aug 234 min read
Solar financing options offered by South Africa's big banks
Major banks like Nedbank, FNB, Standard Bank, and Discovery Bank have introduced various solar financing options.
Staff Writer
Aug 204 min read
Decoding the traffic light signals in South African real estate
Since the May elections and the formation of the Government of National Unity (GNU) in early June, the Johannesburg real estate market...
Staff Writer
Aug 192 min read
Absa points to improving home loan environment
Absa Group has released its interim financial results for the six months ended 30 June 2024.
Staff Writer
Aug 193 min read
Absa chief executive steps down as earnings stall
Arrie Rautenbach, Absa Group CEO, will take early retirement from the company, effective on April 15, 2025.
Staff Writer
Jul 253 min read
What's driving home renovations in South Africa?
Absa’s Homeowners Sentiment Index for the first quarter of 2024 reveals an uplift in confidence in the property market.
Staff Writer
Jul 223 min read
The complexities of moving to solar and renewables for a country like South Africa
Eskom has objected to Discovery Green's application to trade renewable energy, citing the National Energy Regulator of South Africa...
Staff Writer
Jul 102 min read
South Africa's biggest banks over 8 major metrics
The Banker has published its 2024 ranking of the world's top 1000 banks based on tier 1 capital levels, with six South African banks...
Staff Writer
Jun 192 min read
Analysts see strong rand under new government of national unity
Analysts have revised their forecasts for the rand to reflect the increased optimism about the newly formed government of national unity...
Staff Writer
Jun 62 min read
Absa announces loan rebates for buyers of eco-friendly homes in R4.5 billion IFC deal
Absa will offer a rebate on loans to homeowners that purchase eco-friendly or green-certified homes, the bank said on Wednesday. This is...
Staff Writer
Apr 32 min read
Multifamily residential rentals gain traction among South African institutional investors: report
Multifamily residential rental property is set to become a significant fixture in South Africa's institutional investment space. This is...
Staff Writer
Mar 52 min read
Nedbank's outlook on South African prime lending rate
Tight household finances and weak economic prospects continue to weigh on consumers according to Nedbank. The financial services group...
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