Central bank balance sheet stress testing (CBST) models are designed to support central banks in determining appropriate capital levels and informing decisions on dividend distribution. A key concept ...

South Africa faces a stark reality: failure to take urgent action to address the impending ‘gas cliff’ will result in ...

South Africa's Absa Group announced on Wednesday that Sello Moloko will step down as chairman of the bank on July 15 to make ...

When viewed through a continent-wide prism, the service delivery protest phenomenon in South Africa is clearly not just a local development, but a reflection of wider regional trends and simmering ...

At the centre of the storm is CEO Mpumi Mpofu, who allegedly misrepresented her academic qualifications. While ACSA and her ...

The Prudential Authority has already fined other South African banks, such as Sasfin, Standard Bank and Capitec, for ...

Absa has been slapped with heavy penalties after the South African Reserve Bank’s Prudential Authority uncovered serious ...

The South African Reserve Bank’s Prudential Authority has imposed an administrative fine of R10 million on Absa Bank for failing to conduct a thorough review of certain clients. These clients included ...

Capitec’s strong share price growth helped it become South Africa’s largest bank by market cap, exceeding FirstRand, Standard Bank, Absa, and Nedbank. The big share price jump followed the ...

However, the bank said the region's economic performance is still dragged down by some of its largest countries--namely, Angola, Nigeria, and South Africa. "Excluding these countries, the rest of ...

In its latest 'Africa’s Pulse' report, the World Bank forecasts that growth in sub-Saharan Africa will edge up from 3.3% in 2024 to 3.5% in 2025 and further accelerate to 4.3% in 2026 and 2027.

Ukraine's President Volodymyr Zelensky has ended an historic visit to South Africa, signalling a dramatic improvement in the once-strained relations between the two nations. The visit marked a ...