Pierre Romagny
As seen in:
IOL News,
Business Report,
Sunday Times,
TimesLIVE,
Zawya,
Bizcommunity,
Mail & Guardian,
BusinessBrief,
Inc Africa,
persfin.co.za
and
Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Pierre Romagny
PIERRE ROMAGNY: Opportunity awaits South African banks in a changing African landscape
International banks have for the past few years been divesting from Africa. Though the continent is still brimming with potential for growth, these institutions have chosen to concentrate on their core markets. At least nine international banks have withdrawn from 32 African countries, according to an Oliver Wyman analysis.
Opportunity awaits South African banks in a changing African landscape
Opportunity awaits South African banks in a changing African landscape 09 March 2025 - 00:00 By Pierre Romagny International banks have for the past few years been divesting from Africa. Though the continent is still brimming with potential for growth, these institutions have chosen to concentrate on their core markets. At least nine international banks have withdrawn from 32 African countries, according to an Oliver Wyman analysis...
South Africa’s Digital Banking Outperforms Other Nations – Here’s Why It Leads - Fintech News Africa
Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. he encouraging news is that South Africa can teach the world a thing or two about digital banking, evidenced by the fact that the country’s financial services landscape ranks second on Oliver Wyman’s digital banking index, which was recently updated and is now in its second iteration (the first was in 2020).
FNB stokvel savings increase to R9.6bn despite tough economic environment Original
Stokvels continue to show tenacity and commitment in promoting a savings culture in South Africa despite the tough economic environment. This is shown by the 15% increase in net deposits, surpassing the R9.6bn mark in total member contributions over the past year. Source: Supplied. Himal Parbhoo, chief executive officer of FNB Retail Cash Investments.
Standard Bank SA expands physical presence amidst digital transformation Original
Search jobs Standard Bank South Africa announces a significant expansion of its physical footprint across South Africa. Source: Supplied. Kabelo Makeke, Standard Bank head; personal and private banking SA. Despite the global trend towards digital banking, Standard Bank has increased its number of branches from 619 to 652 in 2023 and is set to further expand by just over 5% by the end of 2024. Since 2020, Standard Bank branches have increased by 100.
Digital health: the new currency of happiness in South Africa Original
Search jobs Happiness is not just a feeling; it is a state of wellbeing that everyone deserves, and access to healthcare – a constitutional right – plays an important role in this, says Tania Joffe, chief executive officer of Unu Health. Source: Tania Joffe, chief executive officer of Unu Health. In South Africa, where the beauty of a rich culture often contrasts sharply with socio-economic challenges, the path to happiness is invariably intertwined with health.
Global Money Week Special: Setting financial goals is a WalletWise way to staying ahead in 2024 Original
Global Money Week, from 18-24 March 2024, is an annual global awareness-raising campaign on the importance of ensuring that we are financially aware from an early age into adulthood. In celebration of this week, Standard Bank’s #WalletWise is encouraging us to take a moment and proactively think about our finances.
BNPL startup Float secures R208m funding from Standard Bank
Search jobs Standard Bank has provided an $11m (R208m) facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years. Alex Forsyth-Thompson, CEO of Float | image supplied Float is a new payment method that encourages responsible credit card usage.
BNPL startup Float secures R208m funding from Standard Bank
Search jobs Standard Bank has provided an $11m (R208m) facility to fintech Float, which will facilitate the rollout of its card-linked instalment platform, supporting its accelerated growth plans over the next four years. Alex Forsyth-Thompson, CEO of Float | image supplied Float is a new payment method that encourages responsible credit card usage.
Landmark ruling: Bheki Cele held liable for heist linked to R101m Nedbank loss Original
Search jobs The Gauteng High Court in Pretoria has ruled that Police Minister Bheki Cele's office is responsible for nearly R94m in losses incurred during a cash heist almost a decade ago, a case deeply intertwined with Nedbank's dealings with SBV. The heist, orchestrated by officers Lekele Rekson Lekola and Tamsanqa Gladstone Khukeka, targeted SBV's Witbank premises in April 2014, resulting in the theft of R101,207,456.28 from SBV's vault, with only about R6m recovered.
R300m funding boost for local car subscription startup Planet42 Original
Planet42, a South Africa car subscription company, has received an investment of R300m from Standard Bank. The investment consists of R50m in equity and a R250m credit facility. Previously Planet42 raised $100m in combined equity and debt funding "The partnership with Standard Bank will enable Planet42 to buy more cars in order to empower many more South Africans, building on the more than 20,000 vehicles that have been provided to people in recent years.
Nedbank EFT option now available through Peach Payments
South African payment gateway, Peach Payments has added Nedbank Direct EFT as a payment option for e-commerce websites that use its services. Rahul Jain, CEO and co-founder of Peach Payments Nedbank Direct EFT allows online shoppers to make secure and safe payments directly from their Nedbank bank account, without having to enter their card details or share bank login details on a merchant’s website.
The Future of Banking
Why Using References Should Be the New Gold Standard in Recruitment
Organic and Natural Products Expo makes Cape debut this April Original
Search jobs The Organic and Natural Products Expo is set to hit the shores of Cape Town for the first time, from 26-28 April 2024 at the International Convention Centre in Cape Town (CTICC). “Following the unprecedented impact of the ‘bigger, better’ 2023 Johannesburg show, an expo in Cape Town had to be the next step,” says event organiser John Thomson.
Absa enables automotive industry engagement at Cars Consumer Awards
Search jobs Absa and Cars.co.za joined forces for the 7th annual #CarsAwardsAbsa, a renowned event celebrating excellence in the new-vehicle market. This collaboration marks Absa's strategic commitment to the automotive industry, aiming to enhance the car-buying experience by fostering inclusive engagement among buyers, dealers, and manufacturers.
Absa enables automotive industry engagement at Cars Consumer Awards
Search jobs Absa and Cars.co.za joined forces for the 7th annual #CarsAwardsAbsa, a renowned event celebrating excellence in the new-vehicle market. This collaboration marks Absa's strategic commitment to the automotive industry, aiming to enhance the car-buying experience by fostering inclusive engagement among buyers, dealers, and manufacturers.
Absa partners with Cars.co.za to drive automotive excellence in South Africa
Search jobs Absa, a leading bank in South Africa, has accelerated its position as the preferred financial partner for the automotive industry and consumers alike through a strategic partnership with Cars.co.za Consumer Awards. This collaboration marks a significant milestone in advancing South Africa’s premier automotive awards, fostering deeper engagement among buyers, dealers, and original equipment manufacturers (OEMs).
Absa declares bold new business and brand promise across all of its markets
Repositioned brand marks a commitment to a more human-centred, empathetic approach to banking, backed by an intuitive and seamless customer experience. Arrie Rautenbach, group CEO of Absa Absa has today launched its repositioned brand to the market signalling a shift to being a more deliberately customer-centric business with the new brand promise of ‘Your Story Matters’.
Profit and purpose: The twin engines driving social entrepreneurship
Search jobs In the last twenty years, social entrepreneurship has garnered growing attention and acknowledgement. The notion of blending profit generation with beneficial social outcomes has ignited a worldwide movement, disrupting the conventional belief that these pursuits are incompatible.
What small businesses should expect from #BudgetSpeech2024
Given the current inflationary environment, high-interest rates, and ongoing power challenges that continue to place a burden on the bottom line of businesses, SMEs are waiting in anticipation for positive interventions that the finance minister could make during the tabling of the 2024 National Budget Speech. Andiswa Bata, Head of SME: FNB Commercial | image supplied Adequately understanding the implications and opportunities presented by the Budget Speech is essential to help SMEs plan ahead.
S. Africa's budget to consolidate more slowly, rate cuts delayed: Reuters poll
South Africa's budget deficit will narrow at a slower pace in coming years than October estimates predicted, put off course by poor mining tax receipts, according to a Reuters poll which also showed the central bank would delay interest rate cuts. The consolidated budget deficit will narrow to 5.0% of gross domestic product (GDP) in the fiscal year that begins in March, a poll of economists taken in the past week showed.
South African banks must be lauded for their globally recognised digital innovation
Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. Source: Supplied. Pierre Romagny, partner, Financial Services at Oliver Wyman in South Africa.
Pierre Romagny | SA banks must be lauded for their globally recognised innovation
08-02-24 / Pierre Romagny Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. The encouraging news is that South Africa can teach the world a thing or two about digital banking, evidenced by the fact that the country's financial services landscape ranks second on Oliver Wyman's digital banking index, which was recently updated and is now in its second iteration (the first was in 2020).
South African factory activity slumps in January - Absa PMI
South African manufacturing activity slumped in January, with the headline Absa Purchasing Managers' Index (PMI) falling to levels rarely seen. The seasonally-adjusted PMI dropped to 43.6 points in January from 50.9 in December, falling far below the 50-point mark that separates expansion from contraction. The index was partly dragged down by a sharp fall in the new sales orders sub-index, an indicator of demand.
Mining Indaba sustainability series to discuss energy transition and justice
The global shift towards sustainable energy is fuelling a surge in demand for critical minerals, many of which are abundant in Africa. Mining Indaba’s Sustainability Series is set to explore this topic in a panel discussion titled The Energy Transition: What does it mean to be just? on Tuesday, 6 February at 10:55. Mining Indaba comes to Cape Town with a focus on the just energy transition.
Absa and Cars.co.za join forces to deliver South Africa’s premier automotive industry awards
Absa to sponsor the industry leading Cars.co.za Consumer Awards. Absa and Cars.co.za have partnered to take South Africa’s most authoritative automotive industry awards, the Cars.co.za Consumer Awards, into the future. The partnership, which will bring with it an entirely new level of engagement between buyers, dealers and original equipment manufacturers (OEMs), is aligned with Absa’s strategic objective of being the bank of choice to the automotive industry and consumers at large.
7 considerations why small businesses should separate business and personal accounts
Running your businesses using your personal accounts is not beneficial, despite many small businesses thinking that it will save them money. Source: © 123rf 123rf Running your businesses using your personal accounts is not beneficial “The misconception is that running your business together with personal finances has the potential to save you money and spares you the hassles of opening and running separate bank accounts,” says Francinah Phalatsi, business development manager at FNB Commercial.
South Africa's digital banking is world class
Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. The encouraging news is that South Africa can teach the world a thing or two about digital banking, evidenced by the fact that the country’s financial-services landscape ranks second on Oliver Wyman’s digital-banking index, which was recently updated and is now in its second iteration (the first was in 2020).
South Africa's digital banking is world class - here's why it leads
2 days7 days30 daysBy Industry Show more Advertise your job vacancies Digital innovation in banking is no longer a choice. It is now a requirement that is essential to business continuity. The encouraging news is that South Africa can teach the world a thing or two about digital banking, evidenced by the fact that the country’s financial-services landscape ranks second on Oliver Wyman’s digital-banking index, which was recently updated and is now in its second iteration (the first was in 2020).
Absa partners with Cars.co.za to drive automotive excellence in South Africa
Search jobs Absa, a leading bank in South Africa, has accelerated its position as the preferred financial partner for the automotive industry and consumers alike through a strategic partnership with Cars.co.za Consumer Awards. This collaboration marks a significant milestone in advancing South Africa’s premier automotive awards, fostering deeper engagement among buyers, dealers, and original equipment manufacturers (OEMs).
Absa aims to harness Chinese corporate Africa push
South African lender Absa Group is positioning to benefit as private Chinese firms increase their investment in Africa, the head of the bank's international business has announced. China's involvement in Africa, for decades defined by large, government loan-backed projects, is undergoing a transformation, Absa International chief executive officer Cheryl Buss said in an interview. "It was very much government to government," she said.
Partner up for growth: The key to future-proofing a business Original
Building real partnerships can bring in expertise at speed and scale. Published 9m ago | Published 9m ago By Pierre Romagny From telecommunications to retail and banking, firms are under increasing pressure to expand above their core offerings, develop new business models, and find new customers. This is, in part, because of our era of exponential digital change.
Extracting greater value from digitalising banking and financial services
Pierre Romagny | Partner | Oliver Wyman | mail me | Increased shareholder value and better customer benefits could be generated with the adoption of seven set-piece plays, according to a new report on the digitalisation of South Africa’s banking and financial services.
Five Tips To Get Banks Partner-ready
Banks today are awash with a host of platforms, ecosystems, and innovations — all of which are enabled by their ability to partner. Partnerships have become increasingly central to banks’ strategies in recent years, with over 80% of surveyed bank executives saying partnerships are critical to the success of their strategies. However, banks still fail to make partnerships work, leading to value destruction and bad partner experience.
New banking sector entrants challenge the status quo
Traditional banks that will survive are those that will successfully integrate the new technologies with innovative servicing and lower fees 11 September 2019 - 13:52 Paul Calvey and Pierre Romagny Two men inspect a Tyme Bank terminal. Picture: MASI LOSI SA’s banking sector is dominated by its big five banks. Together they share almost 95% of the assetsin this mature market, in which up to 80% of customers are already banked.
Show More
loading
Actions
Is this you?
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.Get in touch with Pierre
Contact Pierre, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack