All News and Announcements

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Treasury Publishes Financial Inclusion Policy Framework for South Africa

The National Treasury yesterday published the Financial Inclusion Policy Framework for South Africa, titled “An Inclusive Financial Sector for All” following the endorsement and approval of the policy framework by Cabinet on 8 August 2023.


Vodacom Pledges to Invest ZAR 60 Billion in South Africa Over Next Five Years

This ZAR 60 billion (≈ USD 3.3 billion) investment is expected to contribute significantly to enhancing network resilience, further accelerating Vodacom’s deep rural coverage program to help bridge the digital divide and deepening financial inclusion.


Lipa Payments Supports Financial Inclusion in Africa With Digital Payments

The company aims to solve the problem of informal areas not having access to payments systems in the digital age.


Citi Launches Digitized Documentation for Cross-Border Payments

New offering combines electronic cross-border payments and associated documentation on same platform, cutting days off execution of cross-border payments in South Africa.


New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance

The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.


FNB Extends Aid for Battling SMEs in South Africa Amid COVID-19, Lockdown

Amid the global COVID-19 pandemic and 21-day lockdown faced by South Africans, First National Bank has announced additional measures to assist small and medium-sized enterprises battling with funding in the country.