Standard Bank

Young South Africans navigate financial pressure with savvy choices – Standard Bank youth barometer

South Africa’s youth are feeling the financial pinch, but they’re not taking it lying down. The inaugural Standard Bank Youth Barometer reveals that while young adults aged 18 to 35 are under mounting financial pressure, they are also making financially astute decisions in response to economic constraints. The report, which offers a detailed snapshot of financial behaviours and trends among South Africa’s younger generation, highlights a growing pattern of […]

12 June, 2025 10

Business / Economics

Morning Biz News 26 February 2025: NamRA Revenue Surges, BP Shifts Strategy, and AfDB Backs SMMEs

NamRA Collects N$79.3 Billion in Revenue The Namibia Revenue Agency (NamRA) has collected N$79.3 billion in revenue as of 31 January 2025. According to NamRA’s latest figures, domestic tax collections amounted to N$31.36 billion, while customs and excise duties contributed N$48 billion. The total revenue estimate for the 2024/2025 financial year is projected at N$85.3 billion. South Africa’s Poultry Master Plan Exceeds Targets In South Africa, the first phase of […]

26 February, 2025 22

South Africa

SA’s 2025 G20 Host Role a Key Business Opportunity According To Standard Bank

Standard Bank says South Africa’s role as host of the 2025 G20 Summit and its associated B20 Summit, presents a significant business opportunity. South Africa assumed the G20 Presidency in December 2024, becoming the first African country to hold the presidency of the world’s premier economic cooperation grouping. Standard Bank’s, Oscar Siziba, says the B20 Summit, the official business engagement forum of the G20, will provide a platform for private […]

13 February, 2025 89

Africa

Africa Collective Expands Davos 2025 Agenda with Afreximbank

Africa Collective, with support from Afreximbank and the AfCFTA Secretariat, will host expanded Africa-focused events during Davos 2025. The program, running from January 20 to 24 alongside the World Economic Forum, will include new sessions and partner spaces to promote African economic and investment priorities. Lead partners Novartis and Standard Bank, along with supporting partners Old Mutual and Ventures Platform, are backing the initiative.

6 November, 2024 49

Africa

African Business ranks 2024’s largest banks

African Business Magazine has ranked the continent’s largest banks for 2024, with Standard Bank leading as the largest bank in Africa. The bank reported a net profit of $2.7 billion, an 18% increase from the previous year. Other top banks include First Bank of Nigeria, Equity Bank from Kenya, and the National Bank of Egypt. Meanwhile, FirstRand's net profits decreased to $1.4 billion, down 13%. According to the ranking, Mauritius […]

30 September, 2024 103

Oshiwambo

O access Bank ya Nigeria oya tegelelwa momalandithilo ga Namibia methimbo efupi

O Access Bank oyili pokuya momalandithilo ga Namibia,neindilo lili poku ziminwa ko Bank Of Namibia . O The Issue,oyati ombaanga ya Nigeria otayi ka vula oku gandja eyambidhidho lya pumbiwa koongeshefa oonshona. Oshikondo shoombaanga moshilongo oshina uunene oombaanga dha South Africa,ngaashi o Standard Bank,First National Bank no Nedbank,nomombaanga ashike yimwe yomoshilongo yo Bank Windhoek.

17 September, 2024 50

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Oshiwambo

Omunawino miikwaambaanga Thomas Indji Koneka okwa hulitha

Omunawino miikwambaanga nokwali omunashipundi go Namibia Chamber of commerce and Industry koshitayi shokonooli ,Thomas Koneka Indji ,okwa hulitha mepipi lyomimvo 44. Eso lye olya kolekwa nena komupambele,ngoka ati Indji okwa hulithile moshipangelo shomo Windheok nena. Pethimbo lyeso lye,Indji okwali o Head of Business and Commercial Banking mo Standard Bank,ponkatu mpoka ayipo mo 15 February nuumvo. Nokwa longela wo ombaanga yotango yopashigwana uule woomvula dha konda po 10. Nokwa thigapo omukulukadhi gwe […]

23 April, 2024 40 2 2

Business / Economics

15 April 2024 Morning Biz News: Transforming Elizabeth Bay: Standard Bank’s Energy Park Initiative

In a bid to ignite infrastructure growth and leverage Namibia's resource potential, Standard Bank has unveiled an ambitious plan to rebrand Elizabeth Bay into an Energy Park, as reported by The Brief. This strategic move is poised to reshape the landscape of Elizabeth Bay, a mining community nestled 25 kilometers south of Lüderitz on Namibia's southern coast. The vision behind the Energy Park initiative extends beyond mere revitalization; it aims […]

15 April, 2024 34

Business / Economics

Local analyst examines economic outlook amid rate cut predictions

South Africa's Standard Bank chief economist Goolam Ballim expects four 25 basis point cuts in 2024 starting in the second quarter, and taking the repo rate to 7.25% by year-end. He forecasts economic growth to rebound moderately in 2024 to 1.2%. We asked local Research Analyst at IJG Research, Angelique Bock if she agrees with him.

13 February, 2024 26