Africa’s Pepkor Plans to Partner with Investec to Offer Zero-Fee Banking

BloombergTuesday, November 18, 2025 at 10:00:18 AM
Africa’s Pepkor Plans to Partner with Investec to Offer Zero-Fee Banking
  • Pepkor is set to collaborate with Investec to launch bank branches in South Africa that will provide zero
  • This development is significant as it positions Pepkor not only as a retail giant but also as a key player in the financial services sector, potentially transforming the banking landscape for underserved communities in South Africa.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Africa’s Global Role in a New Geopolitical Order
PositiveFinancial Markets
South Africa’s Minister of International Relations, Ronald Lamola, presented Africa's diplomatic strategy and leadership at the Bloomberg Africa Business Summit 2025 in Johannesburg. He emphasized the continent's role in shaping a new geopolitical order, highlighting the importance of collaboration and innovation in addressing global challenges.
Building Africa’s Next Chapter of Growth
PositiveFinancial Markets
Patrice Motsepe, Executive Chairman and Founder of African Rainbow Minerals, discussed Africa's investment climate, mining innovation, and inclusive growth during an interview with Bloomberg's Jennifer Zabasajja at the Bloomberg Africa Business Summit 2025 in Johannesburg, South Africa.
Financing Africa’s Next Chapter
NeutralFinancial Markets
H.E. Wamkele Mene of the AfCFTA Secretariat and Jeremy Awori, Group CEO of Ecobank, discussed strategies for managing debt, expanding access to capital, and fostering stability at the Bloomberg Africa Business Summit 2025 in Johannesburg, South Africa. The conversation was moderated by S’thembile Cele.
South Africa inflation lifts slightly ahead of close rate call
NeutralFinancial Markets
South Africa's inflation has increased slightly, prompting speculation about potential interest rate decisions. The rise in inflation may influence the South African Reserve Bank's upcoming monetary policy actions as it assesses economic conditions. Investors are closely monitoring these developments to gauge the central bank's response.
The Race to Secure Africa’s Critical Minerals
PositiveFinancial Markets
Jon Moore, CEO of BloombergNEF, emphasized Africa's crucial role in the global clean energy transition at the Bloomberg Africa Business Summit 2025 in Johannesburg. He highlighted the increasing demand for critical minerals such as lithium and cobalt, which are reshaping trade, investment, and supply chains. This discussion underscores the continent's potential to become a key player in the clean energy sector as the world shifts towards sustainable energy solutions.
Africa’s Next Generation of Disruptors
PositiveFinancial Markets
Bloomberg's Arijit Ghosh, Managing Editor for Africa, introduced the inaugural Africa’s Startups to Watch list at the Bloomberg Africa Business Summit 2025 in Johannesburg, South Africa. This list highlights early-stage ventures that are driving innovation, investment, and impact across key sectors in Africa. The event gathered influential entrepreneurs and investors to discuss the continent's potential for growth and development.
Reigniting South Africa’s Economic Engines
PositiveFinancial Markets
Shameel Joosub, CEO of Vodacom Group, Leila Fourie of the Johannesburg Stock Exchange, Phuthi Mahanyele-Dabengwa of Prosus and Naspers, and Daniel Mminele, Chairperson of Nedbank, discussed strategies to rejuvenate South Africa's economic growth at the Bloomberg Africa Business Summit 2025 in Johannesburg. The panel emphasized the importance of reform, innovation, and collaboration in overcoming current economic challenges and restoring momentum in the country's markets.
Enoch Godongwana on South Africa’s Fiscal Future
NeutralFinancial Markets
South Africa's Finance Minister Enoch Godongwana provided insights on fiscal reform, investment strategies, and the balance between growth and sustainability during an interview with Bloomberg's S'thembile Cele at the Bloomberg Africa Business Summit 2025 in Johannesburg. He emphasized the importance of these elements in the nation's economic recovery efforts.