GoTyme Bank in mall expansion drive after Pick n Pay exit

GoTyme Bank in mall expansion drive after Pick n Pay exit

Mall expansion replaces Pick n Pay kiosks as GoTyme scales hybrid banking. Digital bank GoTyme, formerly TymeBank, is ramping up its expansion into shopping centres, as it accelerates its hybrid ‘phygital’ model built around setting up mall-based customer hubs. The move forms part of a strategic shift in how the ‘neo bank’ engages customers, positioning…

Read More
Standard Bank data breach fallout deepens

Standard Bank data breach fallout deepens

Standard Bank has acknowledged that client data stolen in a cyber incident first disclosed on 23 March 2026 “now appears to have been published” online, marking a significant escalation in what appears to be one of South Africa’s most serious financial services data breaches. The data involved includes client names, ID and company registration numbers,…

Read More
Africa’s Job Crisis Deepens As Growth Lags Behind Exploding Population, World Bank Warns

Africa: H.E. Ambassador Selma Malika Haddadi Leads African Union Delegation to the 2026 World Bank Group Spring Meetings in Washington, D.C.

H.E. Ambassador Selma Malika Haddadi, Deputy Chairperson of the African Union Commission, is leading the African Union delegation to the 2026 World Bank Group Spring Meetings in Washington, D.C., where she is undertaking a series of high-level engagements to advance Africa’s development priorities and reinforce the strategic partnership between the African Union and the World…

Read More
Fire risk sparks power bank recall in SA

Fire risk sparks power bank recall in SA

The National Consumer Commission (NCC) has issued a recall for ESR HaloLock wireless power banks sold in South Africa, citing a potential fire risk linked to overheating lithium-ion batteries. Image source: Freepik | The power bank shown is not a product of ESR HaloLock Wireless Power Banks The recall, initiated by supplier Waymeet Limited, applies…

Read More
Africa’s Job Crisis Deepens As Growth Lags Behind Exploding Population, World Bank Warns

West Africa: Sahel – the World Bank Group Launches a New Country Partnership Framework for Burkina Faso, Chad, Mali, and Niger to Promote Jobs, Growth, and Resilience

Washington — The World Bank Group has supported new Country Partnership Frameworks (CPF) with Burkina Faso, Chad, Mali, and Niger for the 2026-2031 period. These frameworks aim to stimulate job creation, especially for youth and women, by strengthening human capital, infrastructure, and agricultural productivity, while supporting targeted reforms and private sector development. Grounded in the…

Read More
Hackers publicly release data stolen from Standard Bank

Standard Bank notifies clients of data breach

Standard Bank has suffered a data breach. Standard Bank, Africa’s biggest bank by assets, has informed its business clients of a data breach that exposed their personal information. “We are writing to inform you of a recent incident that involved unauthorised access to certain data within the Standard Bank of South Africa’s environment,” says the…

Read More
Bank Zero, Paymentology forge partnership

Bank Zero, Paymentology forge partnership

Paymentology has become Bank Zero’s alliance partner. (Image source: 123RF) Global card issuer-processor Paymentology has partnered with Bank Zero, to deliver digital banking and financial services in South Africa. Based on a zero-fee banking model, Bank Zero launched to the public in August 2021. In June 2025, it was announced that fintech group Lesaka Technologies…

Read More