Are you about to pay lobola, throw umgidi (a cultural celebration), observe Eid or take part in Diwali festivities? African Bank has designed a financial product tailored to help South Africans save or borrow for traditional and religious ceremonies. 

The 50-year-old institution that offers personal loans and other banking services, including financing for entrepreneurs, is launching Isiko — a product it describes as a “culturally grounded financial lifestyle solution”. ..

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