The President pointed to the Postbank Amendment Act, which was enacted to strengthen diversity in South Africa’s financial ...

Postbank still has work to do before it can qualify for a commercial banking licence to meet the state’s financial inclusion ...

President Cyril Ramaphosa has confirmed that Postbank is not yet ready to operate as a fully-fledged State-owned bank.He was ...

“Postbank will not be another VBS,” the president said. Ramaphosa acknowledged that while Postbank still faces key compliance ...

President Cyril Ramaphosa said the struggling entity, which serves mostly rural and poor communities, must clear a few ...

The president said the government would never go ‘on bended knee’ to get the best deal in ongoing trade discussions with the ...

However, the liquidation of the SA Post Office in 2023 and the closure of cash pay points rendered those services obsolete.

SASSA has explained what will happen to the three million or so grant beneficiaries that continue to use the PostBank after the deal ended.

The Postbank’s IT systems overhaul is 70% complete, as the financial institution looks to iron out legacy IT issues and vulnerabilities. This information came to light in a recent written ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deutsche Postbank has abruptly replaced its chief executive, citing strategic differences between Wolfgang ...

But Ramaphosa said the Postbank still needs funds and the proper approval from the Reserve Bank's Prudential Authority before ...