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By the end of 2025, more than 16,000 Standard Bank merchants across South Africa will be equipped to offer international visitors the ability to pay in their home currency at the point of sale, significantly enhancing the country’s appeal as a seamless and welcoming destination for global travellers. The bank will be expanding its foreign …
South Africans are travelling more than ever. What started as revenge travel after lockdown hasn’t slowed down, and Standard Bank clients are leading the way. Their spend on travel in 2024 amounted to tens of billions of rands, doubling what the bank recorded in 2021. Thirty-two percent of that spend went to flight bookings, accounting …
The journey from first paycheck to first home has always marked a rite of passage into adulthood. But for South Africa’s emerging professionals, that milestone is being pushed further away. According to the First 100 Paychecks Report by the UCT Liberty Institute of Strategic Marketing, commissioned by Liberty and Standard Bank, the average age at …
Standard Bank has released its inaugural Township Informal Economy Report, providing fresh insights into one of South Africa’s most dynamic but underserved markets. The findings reveal that nearly 80% of township businesses remain unregistered. According to Statistics South Africa (Stats SA), unregistered businesses are those that operate outside formal regulatory frameworks including VAT registration, labour …
As African economies face shifting supply chains, the China International Import Expo (CIIE) presents a gateway to the world’s largest consumer base. For African SMEs, accessing China is about scale and sustainability. With China already Africa’s largest trading partner, bilateral trade between China and Africa reached an estimated USD 295.6 billion in 2024. With imports …
Standard Bank Group has won international recognition, this time from Forbes for being one of the World’s Best Employers, reaffirming its position as a leading employer on the African continent. Ranked 28th in the world, out of 900 large multi-national and multi-jurisdictional companies, Standard Bank emerged as the highest ranked company from Africa and South …
Standard Bank’s unclaimed benefits initiative has reached a major milestone, successfully reuniting clients with R100 million that was rightfully theirs, all in less than a year. Launched in October 2024 in partnership with unclaimed benefits tracing company Reunyte, the initiative helps match unclaimed funds to customers using the Standard Bank Banking App. The majority of …
As South Africa marks Wills Week this September, Standard Bank Wealth & Investment is urging consumers to ensure their Wills are valid and up to date, and that any amendments comply with the law. On the 1 August in the matter of Mokgoro NO and Others v The Master and Others, the Kimberley High Court, …
Standard Bank Group, Africa’s largest bank by assets, has been recognised in TIME Magazine’s World’s Best Companies 2025 for a second consecutive year, reinforcing its position as a leading financial institution. The Group was ranked first in the banking and financial services industry in South Africa, and 77th in the same industry globally. TIME’s World’s …
You’ve lived with your partner for years, building a home, plate by plate, couch by couch. But without a marriage certificate or a traditional celebration, South African law does not afford you the same legal protections that married couples enjoy. So, what happens if your partner passes away? Family disputes over assets are common after …
Standard Bank Group (the Group) has announced the appointment of David Hodnett as Chief Executive Officer of The Standard Bank of South Africa Limited (SBSA). Hodnett, who currently serves as the Group’s Chief Risk Officer (CRO) and leads its Corporate Affairs portfolio, brings over 30 years of leadership experience and deep institutional knowledge to his …
Standard Bank, in partnership with the Vaal University of Technology (VUT), announced the official launch of the Standard Bank Centre of Excellence for Hydrogen Energy. This pioneering initiative marks a significant step towards advancing research, innovation, and sustainable practices in South Africa’s hydrogen energy sector. The Centre of Excellence, made possible through Standard Bank’s support …
Standard Bank has been recognised, for the 3rd consecutive year, as one of the World’s Most Trustworthy Companies in 2025, an accolade awarded by Newsweek in partnership with Statista. This prestigious global honour places Standard Bank among a select group of companies that have earned the confidence of their stakeholders through consistent performance, transparency, and …
Africa is rapidly becoming a laboratory for payment innovation, where regional corridors, mobile-led economies, and digitally savvy consumers are converging to transform how money moves. With a growing focus on real-time, frictionless payments and regional integration, the continent’s financial future is being rewritten, one transaction at a time. “Payment systems have increasingly become the heartbeat …
Attracting over 850 applications from township entrepreneurs across all nine provinces, the 2025 Standard Bank Kasi SME Summit culminated in a national showcase of South Africa’s brightest entrepreneurial talent. Now in its third year and expanded nationally for the first time, the Kasi SME National Pitch Challenge has become one of the country’s most dynamic …
Over the past decade, women have emerged as the most upwardly mobile force in South Africa’s private banking sector. Standard Bank’s data shows that they now account for 42% of its active Private Banking client base, up from just under a third a decade ago. The growth has been consistent, with female client acquisition outpacing …
Standard Bank has launched a new Virtual Credit Card with advanced security features. The bank is so confident in these security features that it has made a 100% Credit Card Fraud Protection Promise to customers who use these Virtual Credit Cards online or in mobile wallets. According to statistics published by SABRIC, South Africa has …
Standard Bank announced the launch of its innovative Sustainability Academy, a comprehensive learning platform designed to bridge the sustainability knowledge gap and empower business clients across the continent with practical sustainability and Environmental, Social, and Governance (ESG) solutions. The academy addresses a pressing challenge in today’s business landscape: while many companies recognise the importance of …
The 2025 Standard Bank Chenin Blanc Top Ten Challenge winners are in and once again, these champions of South African winemaking will be showcased at ProWine Shanghai in Mainland China. Later this year, the wines will be profiled through Standard Bank’s extensive Africa-China trade corridor expertise to drive export opportunities for South Africa’s premium wine …
They also want TotalEnergies to stop further fossil fuel extraction in Africa
The Freedom Front Plus (VF Plus) welcomes the announcement that the Department of Home Affairs has expanded its digital banking partnerships as additional financial institutions have indicated that they will assist with issuing identity documents (IDs) and passports. Approximately 840 branches of Capitec, First National Bank, Absa, Discovery and Standard Bank are now involved in […]
The post Freedom Front Plus welcomes collaboration with private sector in issuing IDs and passports appeared first on Freedom Front Plus.
Many South African families are only one emergency away from financial trouble. With the rising cost of food, fuel and electricity, even a small, unexpected expense like a burst geyser or medical bill can push a household into debt. Despite this, most people still don’t have money saved for a rainy day, and without a …
In many South African households, it’s often women who make the toughest financial sacrifices – from managing groceries on a tight budget to stretching their salaries to cover an extra birthday gift or a small upgrade to the family home. But data from Standard Bank Insurance and Fiduciary reveals that these efforts go even deeper. …
By Philip Myburgh, Group Head of Trade: Business and Commercial Banking, Standard Bank Group: When most people think of Africa-China trade, their minds jump to Beijing, Shanghai or Shenzhen. However, one of the biggest drivers of this relationship is not a coastal megacity, it is a landlocked province you have likely never heard of before. …