Home | The Banking Brief

MTN's $517m Surprise, Kenya Draws the Stablecoin Line

Plus: Luno axes 20% of staff and Nedbank poaches MTN's tech chief

Elly Ngoma

•

Aug 2, 2026

SARB Shocks Markets | Pepkor's R21.3bn Fintech Giant | Capitec vs African Bank: The Great Divergence

Plus: Citi loses $468k on rand bet, Nedbank seals R13.9bn Kenya deal and FNB becomes a phone shop

Elly Ngoma

•

Jul 26, 2026

African Bank Cuts 1,200 Jobs After Buying Three Banks | Nedbank Lands NCBA for R13.9B | Stablecoins Eye AfCFTA's $3T Prize

Plus: PayPal rejects Stripe's $53B offer. SA locks in a $1.5B World Bank loan. And Prosus finally exits Delivery Hero.

Elly Ngoma

•

Jul 26, 2026

Weekly Newsletter

Capitec's R550B Machine Has a Fragile Joint | Standard Bank Clears Yuan in 19 Countries | Africa Raises $1.44B

Plus: Float skips Africa and goes straight to London. Angola adds the yuan. And a Nigerian MFB with a sub-1% bad loan rate.

Elly Ngoma

•

Jul 17, 2026

The Banking Brief

Get smarter in 5 minutes with banking and fintech insights

Latest

The Big Bet

Capitec and Le Roux: Three Big Bets

Elly Ngoma

•

Jul 17, 2026

Banking

Standard Bank's Dangote Play: The High-Stakes Race to Build a US Dollar Bypass Valve

Elly Ngoma

•

Jul 14, 2026

Weekly Newsletter

🏦Absa's $238m Kenya bet; Why Lesaka's deal is stuck at the last hurdle; BNPL is building invisible credit histories

Elly Ngoma

•

Jun 21, 2026

Weekly Newsletter

Pep's plusb will cost R920m

Elly Ngoma

•

Jun 1, 2026

Investec, Pick n Pay and Payshap

Elly Ngoma

•

May 28, 2026

Banking

Standard Bank Wins Top Spot

Elly Ngoma

•

May 28, 2026

Weekly Newsletter

FNB's R600 million in rewards

Elly Ngoma

•

May 17, 2026

Capitec Scales AI and Headcount in Parallel

Elly Ngoma

•

May 11, 2026