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African Bank to add 4.7 million clients with Ubank acquisition

    South Africa’s African Bank will buy lender Ubank, potentially adding as many as 4.7 million retail customers and expanding its operations as it seeks to list on Johannesburg’s main stock exchange.Banking, African Bank, Grindrod Bank, Headline, uBankRead More

    New hijacking trend to look out for in South Africa

      Hijackings continued to be a major thorn in the side of the South African Police Service (SAPS), with its latest quarterly data showing a further steep increase across the country, leading to a car being stolen every 22 minutes.Motoring, Dialdirect, HeadlineRead More

      South Africa seen avoiding ‘particularly high rates’ in price shock

        The South African central bank’s proactive efforts to contain price growth mean the country has a good chance of getting through the worst global inflation shock in a generation “without particularly high inflation or high interest rates,” deputy governor Fundi Tshazibana said.Finance, Headline, InvestecRead More

        Dell executives signal tighter times ahead

          Dell Technologies Inc fell about 5% in late trading after executives’ pessimistic remarks about the business environment for the second half of the year outweighed solid quarterly results.Hardware, Dell Technologies, Gartner, HeadlineRead More