OM Bank has received final approval from the Reserve Bank to appoint its chosen CEO with immediate effect—with the bank opening its doors in the next few months.

Postbank’s annual general meeting is postponed as the entity struggles with incomplete financial statements, raising concerns ...

Find out what SASSA grant beneficiaries who lost their new Postbank Black Card should do to continue receiving payments.

President Cyril Ramaphosa signed the Postbank Amendment Bill in Septmber 2023, which formally transferred Postbank’s shareholding from the struggling South African Post Office to the government.

SASSA grant beneficiaries can collect their Postbank Black Card at these selected stores in these provinces. Locate a store ...

The meeting included officials from the Social Security Agency of South Africa (Sassa) and the National Development Agency.

More details of alleged governance and financial breaches at Postbank will come to light after Minister of Communications and Digital Technologies Solly Malatsi referred a KPMG forensic report to ...

Millions of Sassa grant recipients depend on Sassa Gold Cards to access their social grant payments, but these cards are set ...

As Ithala Bank faces provisional liquidation, the ANC's Nkosenhle Madlala highlights the impact of monopolies on the ...

The government's track record of running existing state-owned financial institutions is poor. Ithala and Postbank, owned by the government, are in the dwang. The government has no money, skills or ...