Tags Money

Tag: money

Quotes from the 2016 Budget

Minister of Finance Pravin Gordhan delivered his 2016 Budget speech to the National Assembly in Parliament on Wednesday, 24 February. He emphasised that together, South Africa was capable of facing, and overcoming, economic challenges.

Africa’s mobile money market flourishing

Africa’s mobile money market flourishing

The African continent is experiencing significant growth in mobile money transaction and payment solutions, despite some regulatory bodies being slow in adapting financial inclusion policies as required by their governments.
South African consumer service bodies

South Africans ‘starting to spend again’

South Africans are spending money at levels that seemed impossible only a year ago, the latest BankservAfrica Economic Transaction Index shows, suggesting that the economy may be working its way back into a more solid growth phase.

Get to know your banknotes

South Africa now has a new set of banknotes, with the Nelson Mandela notes going into circulation on Tuesday 6 November. The current and new banknotes will circulate together and both remain legal tender.

Plenty of potential in Africa

South Africa was well positioned to become a deal-making, financial and professional services hub for the entire region, Brand South Africa’s head pointed out at the Africa Risk Conference at the JSE.

South Africa's FNB opens in Tanzania

FNB’s eWallet hits the 1-million mark

More than one-million eWallets have been created, and over R1.6-billion paid into them, since the launch of the mobile money transfer solution in 2009, says South Africa's First National Bank.

Stokvels foster good money skills

Stokvels, or group savings schemes, are helping over 11-million South Africans to save for planned expenses such as school uniforms and groceries, and also assist with unexpected events like funerals.
Waste drive reaps rewards

Microsoft to premiere OneApp in SA

Standard, Spar in ‘mobile money’ venture

South Africans will soon be able do more than just pick up a bag of groceries at their local Spar - they will also be able to send money instantly to friends or family anywhere in the country via mobile phone.
Treasury welcomes banking report

Absa, Western Union offer cash transfers

South Africa's largest retail bank has partnered with Western Union to roll out the US financial services company's money transfer services in selected branches countrywide, making it easier for Absa customers to send and receive money internationally.
South Africans 'must start saving'

South Africans ‘must start saving’

South Africans, caught up in a tendency to "borrow to spend", have been warned to start saving and to prepare to pay more for interest on their debts as well as for general goods and services.


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