Effective 1 February 2019, Peggy-Sue Khumalo will assume the position of Chief Executive, Wealth: South Africa for Standard Bank. Peggy-Sue Khumalo brings with her a wealth of knowledge and institutional experience having served Investec for 17 years, with her career culminating in her appointment as Head of Public Sector and BEE Financing for Investec in 2013.
Over the past decade China’s trade with Africa increased from USD 100 billion in 2007 to USD 230 billion by the end of 2017. While much of this trade has been dominated by Chinese exports, the inaugural China International Import Expo (CIIE) held in Shanghai from 5 – 9 November 2019 marked the practical expression of China’s intention to change the content and balance of its trade with Africa.
Johannesburg, 21 November 2018 – In a further move to cement its position as an integrated financial services organisation offering exceptional value, Standard Bank is entering the airtime and data market with the launch today of its first mobile virtual network operator (MVNO) service, Standard Bank Mobile.
Johannesburg – 8 November 2018 – The Standard Bank Group has been approved to list on the A2X exchange on 8 November 2018. As this is a secondary listing, Standard Bank will retain its primary listing on the Johannesburg Stock Exchange. Standard Bank will list its ordinary shares and second preference shares on the A2X exchange.
7 November 2018 – Standard Bank has successfully launched its first Chinese internet banking site in Angola.
12 October 2018 – By Nnamdi Oranye, Fintech Author and International Remittances Lead at Standard Bank Group
African economies are well positioned to benefit from rapidly accelerating technological change if they can harness the current open landscape for innovation.
Johannesburg – 10 October 2018 – Founders Factory, the corporate backed tech startup accelerator and incubator is partnering with Standard Bank and Roo Rogers to bring its unique model to Africa. Founders Factory Africa will design, build and scale 100 disruptive tech startups across the continent over the next five years. Standard Bank will be the first of multiple corporate partners, each investing several million pounds. Together, these partners aim to grow the tech startup community across Africa, create jobs and attract new capital to the sector.
Johannesburg – 04 October 2018 – Cash is still king in Africa, but the accessibility and acceptance of new digital payment channels is fast changing the ‘payment rituals’ of consumers across the continent.Cash is still king in Africa, but the accessibility and acceptance of new digital payment channels is fast changing the ‘payment rituals’ of consumers across the continent.
Johannesburg – 04 October 2018 – The digital revolution is turning the world into a global information hub and opening radical new business opportunities. This revolution requires a radical shift in the way banks enable and connect to clients and ecosystems.
Standard Bank reports solid results for the six months ended 30 June 2018