ARTICLES RELATING TO ABSA

SIM-swap victims mull legal action against banks

2017-04-24 13:24

A man who lost R1.8m from his bank account is part of a growing group of outraged clients gearing up for a legal fight with banks.

Cosatu demands Absa pay back the money

2017-04-20 18:59

Cosatu members have marched to Absa's head office to hand over a memorandum of demands, calling for the bank to repay bailout money paid to Bankorp by the Reserve Bank during apartheid.

Banks, Eskom, Transnet and MTN cut to junk status

2017-04-12 06:01

Fitch Ratings has downgraded Absa, Nedbank, FirstRand, Standard Bank, Investec, Eskom, Transnet and MTN to BB+ or junk status.

Two ways downgrade can hit housing market - economist

2017-04-04 19:13

The potential impact of ratings downgrades on the SA housing market can be negative in two ways, explains a property sector strategist.

Gupta ruling 'crucial to set rules for future cases'

2017-03-29 12:19

Absa has argued in the North Gauteng High Court that it is important for the court to rule on Finance Minster Pravin Gordhan’s declaratory order.

Empowerment you can bank on

2017-03-26 11:59

Banks are doing more for transformation than you may think, write Khulekani Mathe and Yacoob Abba Omar.

Cape Epic: Women's category a two-horse race

2017-03-22 14:33

The race for the women’s title between teams Meerendal CBC and Ascendis Health is looking more and more likely to go down to the wire at the Cape Epic.

Stenerhag, Suss win back-to-back Epic stages

2017-03-21 16:10

Jennie Stenerhag and Esther Suss claimed another stage victory at the 2017 Absa Cape Epic, crossing the line of the shortened Stage 2 first.

Cape Epic second stage shortened

2017-03-21 11:36

The heat and humidity in the Western Cape has seen the second stage of this year's Absa Cape Epic shortened by 40 km.

8 years in jail for businessman who defrauded Absa of millions - Hawks

2017-03-17 16:51

A businessman has been sentenced to eight years in jail in the Oudtshoorn Magistrate's Court for defrauding Absa bank of nearly R5m.

 

Living annuity not growing much

2017-04-21 16:38

A Fin24 user has a living annuity which is not really growing much, she says.

Revealed: The banks with the most complaints

2017-04-20 06:01

The Banking Services Ombudsman's report for 2016 reveals which banks received the most complaints.

S&P downgrades SA banks to junk status

2017-04-06 08:55

Rating agency Standard & Poor’s has downgraded SA’s banks to non-investment grade to fall in line with its rating of the country’s sovereign bonds to junk status.

Here's how to bank on mobile safely

2017-03-30 07:48

A recent spike in mobile banking viruses has prompted South African banks to alert customers about safety when banking on mobile.

High Court reserves judgment in Gupta-Gordhan bank case

2017-03-29 10:02

Judgment in Finance Minister Pravin Gordhan's application to get legal protection from intervening in the bank closure of the Gupta's bank accounts has been reserved.

Gordhan stays mum on Oakbay banks case

2017-03-24 16:15

The Gordhan/Oakbay court battle will commence next week, but Finance Minister Pravin Gordhan would not weigh in on the matter.

Why fewer large banks are good (and bad) for SA - SARB

2017-03-22 10:42

There are particular advantages to having a small number of large banks, such as in South Africa, says the South African Reserve Bank deputy governor.

Kulhavy, Sauser win Epic stage 2

2017-03-21 16:01

Jaroslav Kulhavy and Christoph Sauser were victorious in the shortened second stage of the 2017 Absa Cape Epic.

Bank CEOs in Parliament face transformation scrutiny

2017-03-19 07:09

SA’s Big Four banks have come under the spotlight amid strident calls for a greater black presence in the finance sector.

ANCYL intensifies campaign against Absa

2017-03-15 18:29

The ANC Youth League has staged a protest at an Absa bank branch in central Pietermaritzburg, as part of efforts to pressure the bank to repay an apartheid-era bailout.

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