African Bank acquires 100% of Grindrod Bank

Posted by - October 13, 2022

African Bank welcomes all approvals it has received to date for its acquisition of 100% of Grindrod Bank. All the conditions precedent to the Grindrod Bank transaction have been met, and all the necessary regulatory approvals were obtained on 6 October 2022. This follows the Competition Tribunal’s approval of its acquisition of Grindrod Bank with

African Bank, Loylogic, others partner to launch new loyalty programme for customers

Posted by - September 6, 2022

African Bank has announced the launch of its new loyalty programme, Audacious Rewards, with the aim to improve the financial well-being of its customers. The bank claims that the loyalty programme will create incentives for positive financial behaviour, including helping customers to improve their credit score. The custom-built programme has been created to work for