Kwa-Zulu Natal is set to host Standard Bank’s most dynamic showcase of township entrepreneurship, as 18 standout businesses from across the country, the top two from each province, gather for the Kasi SME National Pitch Challenge Summit 2025 on 27 August 2025. R500,000 in prize money is up for grabs as South Africa’s most promising township entrepreneurs converge...

FNB is pleased to announce the appointment of Ghana Msibi as the new CEO for FNB Business, South Africa’s largest SME lender, serving over one million customers. Msibi will be driving the FNB Business strategy that is focused on growth, as we accelerate our leadership position in this segment and increase market share in business...

The 25-basis point interest rate cut by the South African Reserve Bank (SARB) was largely expected, given the prevailing low inflation and muted economic growth in the first quarter of 2025. South Africa’s GDP grew by only 0.1% in the first quarter, while inflation remained at the lower end of the SARB’s target range, at...

First National Bank (FNB) will reduce its prime lending rate by 0.25% following the decision taken earlier today by the South African Reserve Bank Monetary Policy Committee to lower its benchmark repo rate by 0.25%. FNB will adjust its rates on prime-linked accounts with effect from Friday 1 August 2025. “The Reserve Bank’s decision to...

Bradley Elliott In June this year, the Financial Action Task Force’s (FATF) Strasbourg Plenary deemed South Africa successful in “substantially completing” its 22-item Action Plan for removal from the FATF greylist. This has set the stage for an authorised onsite visit in October when FATF will determine whether South Africa can finally be scrubbed from...

Webinar connects SMMEs with practical tools for growth and compliance The Beer Association of South Africa (BASA) is helping small businesses tap into the opportunities within the beer industry through its recent Brewing Business Success webinar, which connected over 50 participants with experts in compliance, digital marketing, retail, and skills development. “There’s a huge appetite among entrepreneurs...

 As the rising cost of living continues to strain household budgets across South Africa, many families are looking for smarter ways to manage their money and stretch their resources further. As National Savings Month comes to a close, FNB is encouraging homeowners to take a fresh look at how their home loan access funds facility...

John Loos  When it comes to broker perceptions of commercial property investor demand relative to supply across South Africa’s major metro regions, the City of Cape Town continues to be perceived as the strongest market, showing the most significant “under-supply” across all three major commercial property sectors. At the other end of the spectrum, Greater...