Standard Bank posts R21.9-billion profit
Standard Bank Group Ltd., Africa’s biggest bank by assets, reported a record pretax profit in the first half of 2023, driven by a recovery in sub-Saharan economies that helped the lender shake off the gloomy outlook in its home market of South Africa...
South Africa's electricity crisis will be over soon, says Standard Bank CEO
Standard Bank CEO Sim Tshabalala says public and private investments would bring an end to South Africa’s energy crisis within the next few years.
In Standard Bank’s annual integrated report for the year ended 31...
South Africa narrowly dodged total grid collapse, says Nedbank chief economist
Nedbank chief economist Nicky Weimar said that South Africa narrowly avoided a total blackout in February, with the grid almost shutting down completely.
She was speaking during a Nedbank Private Wealth webinar on...
Standard Bank raising R300 billion for green energy — remains open to fossil fuels
Standard Bank Group Ltd., Africa’s biggest lender by assets, plans to raise as much as 300 billion rand ($20 billion) by 2026 to help fund renewable energy projects, even as it remains open to supporting fossil...