FNB launching solar power at 100 branches
First National Bank (FNB) will install solar power systems in 100 branches across South Africa. This is part of its commitment to environmental sustainability and operational resilience, the bank stated.
The bank said the initiative aims to improve...
FNB Connect gets new CEO
FNB has announced that Sashin Sookroo has been appointed the new CEO of the bank's mobile virtual network operator (MVNO) — FNB Connect.
Sookroo has been working for FNB for 14 years and started in the CEO position on 1 July 2023.
How to hit eBucks Reward Level 5 under new rules — without spending an extra cent
With the recent changes to FNB's eBucks rules, it is possible to reach the rewards programme's highest earning level without spending an extra cent on FNB or third-party products.
FNB revises its eBucks...
FNB Connect to run on MTN's network
First National Bank (FNB) has announced a partnership with MTN that will see the company’s mobile virtual network operator (MVNO), FNB Connect, run on its infrastructure.
MyBroadband contacted the bank to ask what this means for its existing MVNO agreement...
Cameroon seizes MTN's money over fight between FNB and businessman
A Cameroon court ordered banks used by South Africa’s MTN Group Ltd. to transfer its funds into escrow over a dispute the wire carrier says it has nothing to do with, marking an escalation of a conflict that had already frozen...
FNB eBucks changes delayed — what to expect
FNB has delayed its annual eBucks Rewards adjustments by a month.
The bank typically implements changes for the popular rewards programme alongside its fee updates in July of each year.
FNB vs Takealot vs Incredible — Cheapest shops to buy load-shedding backup power
While the prices of many energy products offered on FNB's eBucks Shop compare fairly well to other stores, its solar systems seem exorbitantly expensive, a MyBroadband analysis found.
In addition to solar energy...
FNB launches energy products on mobile app — including power stations, inverters, and generators
FNB has started selling energy products on its mobile banking app and is offering customers the ability to take out solar financing through a home loan.
The bank said the offerings were part of its...
Cheapest vehicle licence disc renewals in South Africa
South African motorists have to renew their vehicle licence discs annually, and a MyBroadband analysis has revealed that doing so through the South African Post Office offers the most affordable nationally available option.
MyBroadband...
Cheapest bank accounts in South Africa
Bank Zero offers the cheapest low-cost banking service in South Africa, a MyBroadband analysis using a basket of transactions shows.
South Africa's major traditional and digital banks all offer entry-level, low-cost accounts for those who prefer a...
FNB and Nedbank crush Absa and Standard Bank in PayShap prices
First National Bank (FNB) and Nedbank currently offer the best prices on PayShap transactions, a MyBroadband analysis reveals.
BankservAfrica and the Payments Association of South Africa (Pasa) launched the new real-time payments...
PayShap launches in South Africa
The South African Reserve Bank (SARB), BankservAfrica, and four prominent banks launched PayShap on Monday, 13 March 2023.
The Rapid Payments Programme will go live with the four banks immediately, meaning FNB, Absa, Nedbank, and Standard Bank customers can use...
absa
bankservafrica
firstnationalbank (fnb)
nedbank
payments association of south africa (pasa)
payshap
prudential authority (pa)
rapid payments programme (rpp)
south african reserve bank (sarb)
standard bank
South Africa's top MVNOs
Mobile virtual network operators (MVNOs) offer South Africans an alternative to the country's mobile operators — MTN, Vodacom, Cell C, and Telkom.
An MVNO is a company that doesn't own a mobile spectrum licence but sells cellular services under its brand name using the...
Bank branches where you can get your passport and smart ID
The number of bank branches at which South Africans can renew their passport or apply for a smart ID card has risen to more than 30.
However, there are several discrepancies between the Department of Home Affairs' (DHA) list and the...
TymeBank beats digital and traditional bank competitors in transaction fees battle
Fit-for-purpose digital banks are taking the fight to traditional banks in South Africa, pushing the envelope of what's possible without branches and bringing down banking costs in the process.
Digital-first...
Capitec beats Absa, FNB, Standard Bank in online banking fees comparison
Capitec's GlobalOne transactional account has the most affordable online banking fees across the major South African banks, a MyBroadband analysis has revealed.
Gone are the days of physically visiting a bank branch to...
South Africa's top MVNOs
While most South Africans use the country's major mobile networks — Cell C, MTN, Telkom, and Vodacom — for their cellular needs, they can also choose from a range of mobile virtual network operators (MVNOs).
While MVNOs still leverage the network infrastructure of...
FNB and Mediclinic preparing for total Eskom grid collapse — even if it is unlikely
Major South African companies like First National Bank (FNB) and Mediclinic are putting plans in place for the unlikely event of total grid collapse in South Africa, MyBroadband has learned from a reliable...
Online banking battle in South Africa
FNB is leading the online banking race in South Africa, but Standard Bank, Nedbank, Absa, and Capitec are closing the gap.
Online banking is a core offering for banks and is the preferred engagement medium for many South Africans.
Most loved and hated banks in South Africa — with one slipping badly
Banking was among South Africa's "most liked" industries in the past year, beating retail, insurance, and telecommunications.
That is according to the SA Banking Sentiment Index for 2022 compiled by DataEQ, the company...