Investec-backed Revego nets R1-billion for renewable power expansion
Revego Africa Energy Fund raised R1 billion in its first capital-raising round since 2021 as the Investec Bank Ltd.-backed firm seeks to bankroll renewable power projects in South Africa.
The fund now has a portfolio of R3...
Nedbank and Investec digital banking channel problems
Nedbank and Investec customers reported issues accessing the banks' mobile apps and online banking on Friday, April 25, 2025.
Outage tracking website Downdetector showed a surge in reports from Nedbank users starting around 09:00.
Investec, the niche private banking and wealth management group, has set minimum pay for its SA employees at just under R21,000 a month, becoming the latest company in the financial services sector to disclose its minimum pay.
The increase in minimum pay for the group’s lowest earners does...
Been with FNB for a decade and Investic has been getting my attention lately. I'm noticing more friends are moving to Investec and looking at their pricing, they are now quite competitive against FNB. I've multiple bonds, with three times more alternative assets than debt obligations.
Has...
We are in the process of getting a home loan from Investec.
They will charge a valuation fee of up to R5750 on top of their initiation fee.
Apparently this is only if the desktop valuation is not high enough and someone has to visit the property.
They do state that this is paid straight to the...
30 bank branches that offer passport and smart ID applications
South African banks and the Department of Home Affairs (DHA) are close to signing partnership agreements that will see more bank branches offer passport and smart ID services.
This will add to the 30 bank branches across South...
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...
Bank branches where you can get your passport and smart ID — with more to come
The number of bank branches offering passport and smart ID renewals in South Africa has reached 27, with the Department of Home Affairs (DHA) revealing that it is currently testing a ninth Standard Bank branch at...
Shoprite invests in privacy protection startup after customer data hack
South African grocery giant Shoprite Group has announced it is investing in secure data collaboration platform Omnisient, only a few months after it suffered a hack that led to the auction of customers' personal information...
Smartphone tap payments in South Africa — these are the banks with the most options
Most South African banks now support all major digital wallets that let you transact by tapping your smartphone or smartwatch at a contactless-enabled paypoint.
Apple Pay, Garmin Pay, Google Pay, Fitbit Pay...
absa
apple pay
capitec
contactless payment
discovery bank
first national bank (fnb)
fitbit pay
garmin pay
google pay
investec
near field communications (nfc)
nedbank
samsung pay
standard bank
Goodbye cash wallet, hello Google Wallet
Google Wallet with Google Pay launched in South Africa with support for cards from most major banks on Tuesday, providing a new way to tap and pay for the country's numerous Android smartphone users.
To date, South Africans have only been able to use...
Google Pay launched in South Africa
Google Pay contactless card payments have rolled out in South Africa, according to the company's official support documentation and tests performed by MyBroadband.
Previously, Google Pay only worked for in-app and online purchases from South Africa, not...
Credit card fee comparison for traditional and digital bank accounts
South Africa's major traditional and digital banks offer credit card accounts for various budgets and incomes, with stand-alone options starting from R30 a month.
Four of South Africa's traditional banks offer credit cards...
Bank branches where you can get your passport and smart ID
The Department of Home Affairs is continually adjusting its list of approved bank branches through which South Africans can get their smart ID card or passport, with 26 branches currently available.
While its latest list shows that the...
Home Affairs gets R400 million network upgrade to end "the System is Offline"
The State IT Agency (Sita) is spending R400 million revamping Home Affairs’ whole network, Minister Aaron Motsoaledi has announced in his budget vote speech.
Sita recently finished the procurement process and would...
Bank branches where you can get your passport or smart ID
Several banks across South Africa let their customers get their smart ID cards or passport at specific branches so that they do not have to wait in long queues or face the infamous "system is offline" issue.
The Department of Home...
Hawks release scammer behind R100-million university hack — promptly flees country
The mastermind behind the scam that almost stole R100 million from the University of Mpumalanga has fled the country after he was released by the Hawks.
african bank
capitec
crime intelligence division
directorate for priority crime investigations
first national bank (fnb)
hawks
investec
kevin pather
oliver mbhalati
standard bank
thandi mbambo
university of mpumalanga
South African Banks Balk at Backing Emergency Power Bidders
A court case filed by a losing bidder in South Africa’s emergency power program threatens to delay the provision of the electricity by months as banks balk at providing funding because of the risk of an adverse judgment.
absa
acwa power
development bank of southern africa
dng energy
electricite de france
eskom
investec
karpowership
nedbank
rand merchant bank
scatec
totalenergies