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Company News

Citi & Standard Bank Arrange New Eurobond Deal for Kenyan Government

Mamsi Nkosi -
Citi and Standard Bank, acting as Joint Lead Managers ("JLMs"), successfully arranged a new Eurobond issue and tender offer for the Republic of Kenya via the National Treasury and Economic Planning. The merger solidifies Citi and Standard Bank's positions as...
General

Standard Bank Urges Vigilance as Fake Job Ads Spread Online

Mamsi Nkosi -
As the economic and social pressures to find work increase, scammers take advantage of these weaknesses to steal money and personal data from unwary job searchers. Individuals face immense pressure in securing employment, leading to fraudsters intensifying their efforts to...
FinTech

Standard Bank & Retail Giant Launch Grocery Budget Initiative

Mamsi Nkosi -
In a move aimed at easing financial pressures and bringing more value to customers, Standard Bank has partnered with South Africa’s largest retailer, the Shoprite Checkers Group, to help households stretch their grocery budgets. This collaboration boosts UCount Rewards benefits,...
Company News

Standard Bank & African Development Bank Empower SMMEs & Trade

Mamsi Nkosi -
The African Development Bank Group and Standard Bank Group (SBG) have signed a landmark agreement to increase funding for small, medium, and micro enterprises (SMMEs) while expanding trade across Africa. The Standard Bank of South Africa Limited has signed a...
Company News

Modernizing Africa’s Payment Infrastructure with PaaS

Mamsi Nkosi -
Volante Technologies, the Payments as a Service (PaaS) pioneer, announces a strategic relationship with Standard Bank to modernize payment infrastructure across the African continent. This is one of the most ambitious PaaS payment arrangements in history, with no other payment...
Company News

Standard Bank & Meridiam Elevate Africa’s Infrastructure

Mamsi Nkosi -
Standard Bank Group and Meridiam, an independent investment benefit corporation and asset manager, co-sponsored an event to investigate investment opportunities in the continent's alternative energy infrastructure, under the theme "Unlocking public infrastructure investment in South Africa" Meridiam has established its...
Company News

Standard Bank Group Announces New Senior Appointments

Mamsi Nkosi -
Standard Bank Group (SBG) is pleased to announce executive appointments to simplify and strengthen its management structures, improve its short- and medium-term competitiveness, and continue its strong growth momentum. These appointments are effective from 1 September 2024. With these appointments,...
Company News

Fintech Giants Collaborate to Empower Ugandan Entrepreneurs

Mamsi Nkosi -
Standard Bank and banking technology company JUMO have collaborated to offer an innovative financing solution that will allow Ugandan entrepreneurs with restricted access to funding to obtain credit for business growth. This effort is projected to have a positive...
Company News

Standard Bank, MiDA, Acorn Launch Green Housing Initiative

Mamsi Nkosi -
Acorn Holdings, a well-known real estate developer, is collaborating with Standard Bank and MiDA Advisors to raise USD $700 million (KES equivalent) in long-term blended finance for environmentally friendly, reasonably priced student housing in Kenya. If authorized, the deal will...
Company News

Next-Gen Banking: Standard Bank’s New Digital Commitment

Mamsi Nkosi -
Standard Bank is committed to providing cutting-edge digital solutions across its banking segments. As the demand for digital transactions continues to surge, Standard Bank remains dedicated to enhancing its digital platforms, ensuring convenience, security, and reliability. Kabelo Makeke, Standard...
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Latest News

Artificial IntelligenceMamsi Nkosi -

How Can AI Help Address SA’s Unemployment & Inequality Challenges?

South Africa currently grapples with one of the world's highest unemployment rates, standing at a staggering 31.9% in 2024,...
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