{"id":451789,"date":"2011-07-01T13:48:38","date_gmt":"2011-07-01T13:48:38","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/"},"modified":"2011-07-01T13:48:38","modified_gmt":"2011-07-01T13:48:38","slug":"standard-bank-takes-over-mpuma-govt-account","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/","title":{"rendered":"Standard Bank Takes Over Mpuma Govt Account"},"content":{"rendered":"<div readability=\"32.4429223744\">\n<hr class=\"thin clear\" \/>\n<hr class=\"thin clear\" \/>\n<p><a href=\"http:\/\/www.buanews.gov.za\/\" target=\"_blank\" rel=\"noopener noreferrer\">BuaNews<\/a> (Tshwane)<\/p>\n<p>Siphiwe Nyathi<\/p>\n<p>1 July 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>Mbombela \u2014 Standard Bank has won a bid for a five-year contract to manage the Mpumalanga government&#8217;s bank account.<\/p>\n<p>Provincial finance department spokesman Jonas Letshela said the banking institution would take over government&#8217;s corporate banking service from First National Bank (FNB) with effect from July 1.<\/p>\n<p>&#8220;The bids were advertised last year. Following a rigorous evaluation process of all bids, Standard Bank of South Africa emerged as the winning bidder and a five-year contract was subsequently awarded in this regard,&#8221; said Letshela.<\/p>\n<p>Department MEC Pinky Phosa thanked all banks that submitted bids for the provincial account for their sincerity and dedication throughout the tendering process.<\/p>\n<p>&#8220;The presentations made during the bidding process indicate the extent to which the banking sector can contribute to the ideal of a better life for all and thereby enhance the concept of private-public partnerships,&#8221; she said.<\/p>\n<p>Phosa said the bids demonstrated that banking institutions in South Africa were forward-looking and that the country could expect greater returns.<\/p>\n<p>&#8220;The economic vision of the province can be realised when the proposals are taken to the next level of delivery,&#8221; said Phosa.<\/p>\n<p>Phosa thanked FNB management and staff for their support throughout the transitional period that followed the awarding of the account to Standard Bank.<\/p>\n<p>&#8220;The winning bid brings a nationwide public sector business team whose goal is to align the specialist skills of corporate and investment banking with personal and business banking, bringing together a customer value proposition that meets the needs of the public finance environment,&#8221; said Phosa.<\/p>\n<p><\/p>\n<fieldset>\n<legend align=\"center\"><strong>More News on allAfrica.com<\/strong><\/legend>\n<\/fieldset>\n<p>AllAfrica &#8211; All the Time<\/p>\n<hr \/>\n<\/div>\n<\/p>\n<p>View article:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201107010902.html\" title=\"Standard Bank Takes Over Mpuma Govt Account\" rel=\"noopener noreferrer\">Standard Bank Takes Over Mpuma Govt Account<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> BuaNews (Tshwane) Siphiwe Nyathi 1 July 2011 Mbombela \u2014 Standard Bank has won a bid for a five-year contract to manage the Mpumalanga government&#8217;s bank account. Provincial finance department spokesman Jonas Letshela said the banking institution would take over government&#8217;s corporate banking service from First National Bank (FNB) with effect from July 1. &#8220;The bids were advertised last year<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451789","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Standard Bank Takes Over Mpuma Govt Account - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Standard Bank Takes Over Mpuma Govt Account - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"BuaNews (Tshwane) Siphiwe Nyathi 1 July 2011 Mbombela \u2014 Standard Bank has won a bid for a five-year contract to manage the Mpumalanga government&#039;s bank account. Provincial finance department spokesman Jonas Letshela said the banking institution would take over government&#039;s corporate banking service from First National Bank (FNB) with effect from July 1. &quot;The bids were advertised last year\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Standard Bank Takes Over Mpuma Govt Account\",\"datePublished\":\"2011-07-01T13:48:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\"},\"wordCount\":283,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\",\"name\":\"Standard Bank Takes Over Mpuma Govt Account - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-07-01T13:48:38+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Standard Bank Takes Over Mpuma Govt Account - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/07\/01\/standard-bank-takes-over-mpuma-govt-account\/","twitter_card":"summary_large_image","twitter_title":"Standard Bank Takes Over Mpuma Govt Account - Ghanamma.com","twitter_description":"BuaNews (Tshwane) Siphiwe Nyathi 1 July 2011 Mbombela \u2014 Standard Bank has won a bid for a five-year contract to manage the Mpumalanga government's bank account. 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