The deal intends to transition BankservAfrica into a national Payments Utility through a collaboration with commercial bank shareholders.

BankservAfrica’s CEO Stephen Linnell said their role has always been to provide essential payment services to financial ...

The SA Reserve Bank's monetary policy committee will meet next week - and there's expected to be good news for South Africans ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

Settlements and payments services platform BankservAfrica intends to transition into a national payments utility through a significant industry collaboration with the South African Reserve Bank (SARB) ...

The Reserve Bank is set to acquire 50% of BankservAfrica – the group it partnered with to launch PayShap, and push cashless ...

The SA Reserve Bank’s monetary policy committee will convene in two weeks, with expectations of positive news for South ...

The right international money provider should also assist with any required Sars and Sarb approvals at no extra cost, while ...

However, the SARB is expected to proceed with caution, given the unpredictability of US monetary policy. “It helps that the ...

Electronic transactions picking up is good new for the economy, especially since consumers are expected to have improved ...

The South African Reserve Bank (SARB) maintained this level for over a year to control inflation. However, there is growing anticipation that rates may start to decrease further, as inflation eases ...