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 ...

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

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

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

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 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 ...

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

Several pieces of data show that South Africa’s economy is gaining momentum, with more relief around the corner.

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 ...