Press Releases

  • Empower your children to deal with a crisis

    In light of Child Protection week ( 28th  May – 4th June)  this month, Agnieszka Gryn, General Manager at Fidelity ADT’s Inland region , says as parents it is our responsibility to not only educate our children about safety but to also give them the necessary tools to deal with a crisis. “The reality is that our children may witness

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  • How will a 1% point increase in VAT impact the cost of credit for the average South African household?

    With 1 April just around the corner, many South African households are concerned about the impact of the 1% increase in Value added tax (VAT) on their standard of living and their ability to save and transact freely. Neil Thompson, Head of Product at African Bank, says that the 1% VAT increase on the cost of credit should be marginal

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  • Local schools compete in Winnie Mandela Cricket Tournament

    Local schools compete in Winnie Mandela Cricket Tournament To celebrate the life of one of our nation’s greatest heroines, Winnie Mandela, African Bank staff came out to support the Inter-school cricket tournament held at Winnie Mandela Primary School on 13 April 2018. A combination of boys and girls from local schools in Tembisa all competed on an equal playing field

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  • Be a financially savvy mom

    We are celebrating mothers this month, many of whom are the breadwinners and financial managers of their households. “For this very reason we want to encourage all mothers to become financially savvy,” says Mellony Ramalho – Group Executive Sales Branch Network African Bank. The first step to becoming a financial guru, says Ramalho, is to understand what money is coming

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  • Using your credit card wisely

    There are more than 8.8 million credit cards in issue, and more than 38 types of credit cards available, in South Africa. South Africans have on average one credit card. So, there’s a good chance that you are one of those South Africans. Question is, are you using your credit card wisely? “While credit bureaus are reporting an improvement in

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  • Branch experience still key despite digital innovation, study shows

    Basani Maluleke, the newly appointed CEO of African Bank, today delivered the Bank’s interim financial results for the six months ended 31 March 2018. An overriding message for African Bank customers was that the Bank is making solid progress in broadening its range of products and services for its customers and is well on its way to becoming a digital

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  • New MIWA reps take up the reins

    As part of the Retail Motor Industry’s (RMI) New Thinking Model, the Motor Industry Workshop Association (MIWA) has appointed five representatives around the country whose responsibility it is, among others, to connect with MIWA members. Pieter Niemand, Director of MIWA, says MIWA is the largest association in the RMI and a challenge has always been connecting with its over 2500

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  • Cape Town workshop upskilling eager interns

    Autoworks, a MIWA-accredited chain of workshops in the Milnerton, Strand, Salt River and Brackenfell areas, is bringing much-needed skills upliftment to interns as part of a partnership programme with Falsebay College. Gunther Schmitz, owner of Autoworks, says they have been in partnership with the college for several years and recently received a Partnership Certificate in recognition and appreciation of their

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  • How long does brake fluid last?

    So how often should you change your brake fluid? Dewald Ranft, Chairman of the Motor Industry Workshop Association (MIWA), an association of the Retail Motor Industry (RMI), says this is a common question customers ask their workshop mechanics The braking system of the vehicle remains one of the most overlooked systems in the vehicle and can be one of the

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  • Money saving tips for teens

    This week is Global Money Week, an annual global celebration, initiated by Child & Youth Finance International (CYFI), with local, regional and international events and activities aimed at inspiring children and youth to learn about money, saving, creating livelihoods, gaining employment and becoming independent and responsible global economic citizens. The theme this year is Money Matters Matter. African Bank recognise

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  • African Bank achieves a leader position in customer satisfaction in SAcsi results

    African Bank, a first time entrant in the Consulta 2017 Customer Satisfaction Index (SAcsi), has come out strongly achieving leader status in all categories when compared with other historically strong performers. Brian Riley, African Bank Chief Executive Officer says the Bank is delighted with the strong results. “Not only have we tied second with FNB in overall customer satisfaction when

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  • Looking to tidy up your financial commitments? Consolidation loans can help

    Managing multiple loans can become a financial headache. It also sometimes means paying multiple transaction fees which could be more than if the loans were consolidated. Neil Thompson, Head of Product at African Bank, says if your goal is to get a solid financial footing in 2018 or simply to manage multiple payments more effectively and efficiently then you may

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