Marketing strategies aimed at township consumers need to be customised based on the nuanced differences that exist among areas
Join Future of Media in unpacking the challenges and opportunities in the metaverse frontier, and the myriad possibilities it holds for advertisers
Financial services is one of the most competitive industries in SA, with players across the board working to win a share of voice from their peers. The consumer banking industry, with digital at the forefront for most urban consumers, is showing greater innovation, with people opting for self-service banking solutions instead of visiting branches.
According to the SA Reserve Bank (SARB) supervision report for 2017 total banking sector assets increased from R4.88 trillion in December 2016 to R5.16 trillion at the end of last year.
The growth of the financial services sector is not without its own challenges, with online security making news and Liberty Life apparently having experienced a cyber-attack.
It was just one year ago that the World Bank halved SA’s economic growth forecast from 1.1% to an estimated 0.6%, with low job prospects, which contributed to cautious business and consumer spending. The lender now expects SA’s growth to rise to an estimated 1.4% in 2018, which may be...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.