By: Natasha Archary Image: Adobe Stock Standard Bank has noted a 13% drop in branch transactions as more customers shift to digital banking channels. In-branch transactions at Standard Bank decreased by 13% in the first half of 2024 to around 2.5 million transactions as clients shifted to digital channels. Over the same period, online transactions increased by 30% to 1.5 billion transactions with Standard Bank clients performing an average of […]
By: Natasha Archary Image: Steve Cheuvront on Facebook A father has been left devasted after his missing daughter, US student, Brook Cheuvront was found dead on a hiking trail on Devil's Peak, Cape Town. The 20-year-old University of North Carolina student was in South Africa on an internship with an NGO. She went missing after hiking alone in the Table Mountain National Park on Saturday, 21 September. Her father, Steve […]
By: Natasha Archary Image: Adobe Stock The South African Reserve Bank (SARB) cut the repo rate by 25 basis points to 8%. The drop means the prime lending rate will also drop to 11.50%. Harry Scherzer, CEO of FutureForex joins Refilwe Moloto on Kaya Biz to discuss what this means for people with money offshore. For the first time since the height of the Covid-19 pandemic, SARB cut the prime […]