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.
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.
JOHANNESBURG, Jan 30 (Reuters) - South Africa often uses its diplomatic heft to position itself as defender of the "global south" on the world stage, but the deaths of 13 of its soldiers in ...
Southeast Asian nations’ interest in joining the grouping is consistent with the region’s geopolitical hedging and may well strengthen Asean’s clout. The growing bloc, which seeks ...
Legendary Springboks fly-half Naas Botha has given his verdict on South African teams' participation in the Investec Champions Cup. Following the Bulls' 35-22 win over the Lions in the United Rugby ...
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 ...