ARTICLES RELATING TO ABSA

Editorial: When being greedy is what you’re paid for

2017-02-19 06:11

No one likes banks, and there are many excellent reasons for that.

Competition Commission names 'currency colluders'

2017-02-17 13:41

The affidavit filed by the Competition Commission regarding currency price fixing by banks names the alleged rogue traders implicated.

Bank probe timing couldn’t be worse amid Gupta blacklisting - expert

2017-02-16 12:00

The decision to prosecute 17 banks for foreign exchange collusion is badly timed for South Africa's top four banks, who are trying keep the moral high ground.

Price fixing: Punish guilty banks harshly, urges ANC

2017-02-15 20:36

The ANC has lashed out at banks accused of manipulating foreign currency trades, with the SA Reserve Bank saying it sees the allegations in a serious light.

Competition Commission prosecutes banks for collusion

2017-02-15 16:08

The Competition Commission has referred a collusion case to the tribunal for prosecution against 17 banks, including three of South Africa's big banks.

Gordhan's Gupta court battle comes to a head

2017-02-10 16:15

Oakbay’s allegation that Finance Minister Pravin Gordhan targeted the Gupta family is part of a conspiracy theory, court papers show.

When are they going to share the wealth? – ANCYL KZN at Absa picket

2017-02-02 22:57

The ANCYL in KwaZulu-Natal has repeated its call for Absa to pay back the money the bank received as a bailout from the apartheid government.

ANCYL protesting outside Absa bank in Ballito

2017-02-02 11:31

ANC Youth League members have gathered outside an Absa bank north of Durban demanding that the bank pay back money.

Bid to revive report on apartheid looting a political ploy - Gordhan

2017-01-30 09:37

Finance Minister Pravin Gordhan has labelled a court application by Black Land First to resurrect a report on alleged apartheid era looting as a political ploy, says a report.

Barclays Africa hit by protesters demanding apartheid-era money

2017-01-27 07:26

Barclays Africa Group has been targeted by ANC Youth League supporters, who entered a Durban branch and demanded the bank pay back money from a bailout provided to Bankorp.

 

Average cost to build a new house up almost 7%

2017-02-17 18:56

The average building cost of new housing constructed in 2016 increased by 6.9% to an average of R6 614 per square metre, says a property analyst.

Absa let off collusion fine as it helped regulators - source

2017-02-17 08:22

Barclays (which owns Absa) won’t be targeted for fines by the Competition Commission because they co-operated with regulators, according to people familiar with the matter.

Price fixing: Rogue traders or bank collusion?

2017-02-16 08:54

The Competition Tribunal will need to establish whether bank collusion to manipulate foreign-currency trades was done by rogue traders or whether it was more widespread.

Questions over timing of banks' collusion case

2017-02-15 18:15

The timing of the Competition Commission's price-fixing case involving 17 banks seems suspicious, according to the Democratic Alliance.

Pay back the money, ANCYL and BLF tell Absa

2017-02-10 20:09

Several thousand ANC Youth League members, including the Black First Land First movement, have brought the streets of the Johannesburg's banking district to a standstill, during a march to Absa's headquarters.

Pityana: Dirty money at the centre of Zuma delaying Fica Bill

2017-02-03 06:01

There’s enough reason to suspect the true reason why President Jacob Zuma is delaying the Fica Bill is to facilitate continued money laundering, says Sipho Pityana.

Mkhwebane seeking legal advice on Zuma's review of 'State of Capture' report

2017-02-02 15:45

Public Protector Busisiwe Mkhwebane is still seeking a legal opinion on President Jacob Zuma’s decision to take the "State of Capture" report on review, she said on Thursday.

SA manufacturing starts 2017 off on solid footing

2017-02-01 13:52

The Absa Purchasing Managers' Index has edged above 50 for the first time since July 2016, suggesting the manufacturing sector started the year on a relatively solid footing.

More time for Zuma to weigh in on Absa bailout

2017-01-27 13:38

President Jacob Zuma has been granted an extension to comment on the public protector’s provisional report investigating Bankorp’s bailout by the Reserve Bank.

SA banks becoming battleground in Zuma war - analysts

2017-01-27 06:29

South Africa’s banking sector is becoming a battleground between President Jacob Zuma’s patronage-driven ANC and those opposing that faction, according to two analysts.

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