Finance

Customers consolidating retail accounts, medical bills, personal loans, and credit cards as monthly budgets come under pressure With many South Africans looking for practical ways to better manage their monthly expenses and reduce financial pressure, FNB has announced the removal of initiation fees on its qualifying debt consolidation service, making it more affordable for customers…

FNB eBucks has partnered with Boxer Superstores to expand access to its 99c bread benefit, making one of the country’s most practical savings initiatives available at Boxer stores nationwide. From 1 July, FNB Easy, Aspire and Prime Life customers who shop at Boxer and swipe their cards in-store will qualify for the 99c bread benefit…

By Yolanda Marshall, growth manager at FNB Cash Investments Statistics South Africa data shows that the country’s household savings rate has remained under pressure, slipping to around -1.2% of disposable income. For young South Africans, the outlook appears even more constrained, with youth unemployment among 15- to 24-year-olds standing at 60.9% in the first quarter…

KOPANO MONAHENGMany people in South Africa and around the world are struggling with gambling-related challenges. Every day, regardless of the weather, hundreds of people visit gambling outlets or place bets online in the hope of winning money. For some, gambling has become a way of life. For others, it has brought financial hardship and disappointment.Dikeledi…

STANDARD Bank Group has been ranked the most AI-mature bank in South Africa and the second most AI-mature bank overall in the Middle East and Africa (MEA) in the inaugural Evident AI Index for Banks, published by Evident Insights. The Group was also named the most innovative bank in AI across the Middle East and…

AS South African households face intensified financial pressure, FNB is reshaping how customers engage with their money through the launch of My Advisor on the FNB App, a digital capability designed to help customers better understand and manage their finances through accessible and practical tools. In a challenging economic environment, where financial security and certainty…

AS AFRICA’S energy transition gathers pace, unlocking grid capacity, accelerating infrastructure financing and crowding in private capital will be critical to ensuring the continent’s energy ambitions translate into meaningful economic growth, energy resilience and industrial development. Collaboration between the public and private sectors will remain central to accelerating energy infrastructure development across the continent, particularly…

Fuel hits an all-time high of R26.60 per litre — extra rewards help ease the pressure at the pump As fuel prices continue to climb, South African households are grappling with the mounting pressure that cuts across their daily lives. Transport costs are consuming an ever‑greater share of already stretched budgets, leaving families with difficult…

For many South Africans, financial resilience is not a concept, it’s a daily practice. It shows up in small trade-offs, side hustles, and community-based saving. It’s reflected not only in economic data, but also in the country’s cultural and creative expression, from aspirational ideas of “boss moves” in pop culture and local music, to today’s…