digital banking South Africa Archives

MCB Group’s nine-month profit hits $314 million amid tax surge

MCB Group posts $314 million nine-month profit as higher taxes offset strong operating income and improved asset quality.

Feyisayo Ajayi May 15, 2026

GoTyme Bank digital banking products including debit card, mobile app, and ATMs in South Africa

Business Hot News

Billionaire Motsepe-backed GoTyme Bank turns employees into shareholders

GoTyme Bank, backed by Patrice Motsepe, grants employees equity stakes as Tyme Group scales across Africa and Asia.

Timilehin Adejumobi May 15, 2026

Hot News Luxury

South Africa’s Tsogo Sun expands share buyback to $30 million amid stock decline

Tsogo Sun expanded its share buyback to $30.2 million, repurchasing nearly 40 million shares amid a 33% stock decline in Johannesburg market pressure continues.

Feyisayo Ajayi May 15, 2026

Business Hot News

Co-op Bank opens 2026 with $65 million under Gideon Muriuki

Co-op Bank posts $65 million Q1 profit as digital lending, deposits, and interest income growth drive strong earnings under Gideon Muriuki.

Feyisayo Ajayi May 15, 2026

Business Exclusive

KFC bets big on South Africa with 100 new restaurant openings

KFC, the world's second-largest restaurant chain is planning a major expansion in South Africa, adding 100 new restaurants over the next year as it doubles down on its largest market on the continent. The move is expected to strengthen the chain’s lead in the country’s highly competitive fast-food industry. The fried chicken brand already operates more than 1,200 outlets in…

Oluwatosin Alao May 14, 2026

Tag: digital banking South Africa

Billionaire Motsepe-backed GoTyme Bank turns employees into shareholders

MCB Group’s nine-month profit hits $314 million amid tax surge

Billionaire Motsepe-backed GoTyme Bank turns employees into shareholders

South Africa’s Tsogo Sun expands share buyback to $30 million amid stock decline

Co-op Bank opens 2026 with $65 million under Gideon Muriuki

KFC bets big on South Africa with 100 new restaurant openings

MCB Group’s nine-month profit hits $314 million amid tax surge

Billionaire Motsepe-backed GoTyme Bank turns employees into shareholders

South Africa’s Tsogo Sun expands share buyback to $30 million amid stock decline

MCB Group’s nine-month profit hits $314 million amid tax surge

Billionaire Motsepe-backed GoTyme Bank turns employees into shareholders

South Africa’s Tsogo Sun expands share buyback to $30 million amid stock decline

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