Nedbank bets on drones reshaping agri finance

Bank’s venture capital fund invests in Cape Town drone start-up.

Sarb guarantees R336 million in VBS deposits

Fraud casts doubt over bank’s future.

Capitec and Summit: adversaries become allies

Summit withdraws all cases against Capitec following out-of-court settlement, and the two join forces to improve the unsecured lending industry.

Millennials face R15 trillion insurance shortfall

Invincibility complex and present bias may come back to bite, new research shows.

Old Mutual’s JSE-homecoming muted

Share price performance underwhelms on debut.

Magda Wierzycka to launch activist fund

Sygnia fund to profit off the rehabilitation of troubled listed companies.

Old Mutual ramps up transactional banking

Old Mutual Limited to inherit positive NAV from Old Mutual PLC.

Long-Term Insurance Ombud takes into account culture, customary law

Old Mutual, Liberty, Hollard top complaints list.

Insurers flag high levels of unnatural deaths

Liberty reports more suicide claims than road accident claims in Gauteng in 2017.

Old Mutual rides Ramaphoria as listing looms

Investors comforted by South Africa’s change in leadership.

Online banking complaints top Ombud’s case load

Big five banks top complaint list.

FNB eyes Capitec’s lunch

FNB targets underbanked and unbanked with new zero-fee account.

Nedbank chief Mike Brown’s pay falls 2% to R38m

Nedbank’s top three executives paid less in 2017 as short-term incentives dip.

Sasfin rolls out SA’s first dedicated SME banking platform

Banking group aims to meet needs of SMEs ‘neglected’ by larger competitors.

Capitec details credit granting criteria, loan book reconciliation

Banking group reports 18% increase in Heps and lifts dividend by similar margin.

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