Standard Bank has expanded access to Smart ID services by adding 30 new branches across the country. The banking group aims to have 50 branches offering the service by the end of April 2026 through its new bank‑assisted model, developed in partnership with the Department of Home Affairs (DHA). The rollout is progressing ahead of…
South Africans are already feeling pressure at the petrol pump, with fuel prices increasing by more than R3 per litre since 01 April 2026. For many households, the impact goes far beyond filling up. Higher fuel costs have tightened already stretched budgets, making day-to-day financial commitments harder to manage. But beyond the immediate cost increase,…
FNB and Beachwood Investments (Pty) Ltd are proud to announce the conclusion of a residential development funding deal that is expected to make R800 million available for the Beachwood Coastal Estate in Durban North, beachfront. The estate will consist of freehold stands ranging from R8 – R21 million, apartments from R8 – R16 million, duplexes and Villas…
The South African Revenue Service Commissioner (SARS), Mr. Edward Kieswetter, warmly welcomes the appointment of Dr. Ngobani Johnstone Makhubu as the new SARS Commissioner from 1 May 2026, for a period of five years. Dr Makhubu was appointed as a Deputy Commissioner: Taxpayer Engagement and Operations from 1 May 2023. The President has appointed Dr…
Standard Bank has partnered with Clover and the Milk Producers’ Organisation (MPO) to support South African government efforts to curb the spread of Foot‑and‑Mouth Disease (FMD) through the deployment of a chilled mobile vaccination vehicle. The specialised unit enables safe, cold‑chain distribution of vaccines directly to farming communities, addressing a critical logistical need in the national response. This partnership supports the…
As airlines roll out fresh fuel surcharges and airfares are climbing ahead of the Easter rush, Standard Bank is stepping in to cushion the blow. Discounts of up to 40% are being offered to travellers navigating one of the busiest and most expensive holiday periods. In addition, customers who book domestic flights on Standard Bank…
Standard Bank processed one of the largest payment volumes on the African continent, moving more than R164 trillion in payments in 2025, across its 20 million clients and correspondent‑banking relationships. This scale means that every single minute, over R300 million flows through the bank’s infrastructure. This highlights Standard Bank’s central role in the financial circulatory…
South Africa’s energy landscape is shifting. While power cuts have eased, rising electricity costs are driving increased demand for alternative energy solutions. FNB reports growing interest in solar installations, as households and businesses seek to manage escalating power bills and improve long-term energy resilience. Customer behaviour in the solar and energy storage market has shifted…
First National Bank (FNB) will maintain its prime lending rate at existing levels following the decision taken earlier today by the South African Reserve Bank Monetary Policy Committee (SARB MPC) to leave rates unchanged. The bank will review its interest rates following the next MPC meeting in May. The decision applies to all prime-linked accounts….
Bhavish Vallabhjee Easter is one of South Africa’s busiest travel weekends, with thousands of motorists taking to the roads for long-awaited getaways and family visits. But with rising fuel prices, many drivers will be looking for ways to stretch their travel budgets while still keeping their families safe. The good news is that a well-prepared…
