Standard Bank Zim unit steps in to help fund Zim mining sector

2017-07-10 11:57

Zimbabwe’s Stanbic Bank, a unit of Standard Bank, says it provided 46% of the country’s mining sector capital requirements for the year 2016.

Economy weighs heavily on housing market

2017-06-29 19:04

The difficult economic environment has weighed heavily on demand for housing and in turn impacted prices, the Standard Bank National House Price Index has revealed.

SA banks slated for dirty energy investments

2017-06-15 09:41

South Africa’s banks continue to bankroll coal investments to the tune of billions every year, risking leaving investors with stranded assets.

Insurers pitch in to cover Cape disaster costs

2017-06-11 13:47

Several insurers have started processing claims for the damage caused by the Cape storm and Knysna fires, this is in addition to the corporates which have set up funds to aid those in need.

Banks, businesses, and organisations donate millions towards #KnysnaFire

2017-06-10 18:37

Private institutions have heeded the call by the Western Cape government for humanitarian donations towards the relief efforts of the devastating fires that continue to ravage the Southern Cape.

'It was not a black-white issue’

2017-06-04 06:02

The inclusion of a key Standard Bank executive on Liberty’s board three months before Liberty boss Thabo Dloti resigned has given rise to the perception that Dloti’s ouster was a planned move.

Liberty CEO Thabo Dloti quits

2017-05-30 07:58

Liberty CEO Thabo Dloti has resigned with immediate effect, following a difference of opinion with the board on the company's immediate focus.

Forex 'cartel' lays into commission

2017-05-14 06:26

Major banks are not taking accusations of colluding in trading lying down.

‘Colluding’ banks say charges are vague

2017-05-07 06:10

The banks charged with colluding in the trading of the rand have hit back at the Competition Commission, saying the allegations are “vague and embarrassing” with not enough detail being given for them to prepare a defence or decide how to plead.

New car sales: SA's vehicle market after 'Junk Status'

2017-05-03 19:31

'The surfeit of public holidays last month it is hard to assign blame for a slump in car sales to the cabinet reshuffle and consumer confidence,' writes Alexander Parker as SA's new vehicle sales declined during April.


Why SA banks are truly world class

2017-07-09 14:52

South African banks are very different from banks in many other countries, Lafferty group CEO Michael Lafferty tells Fin24 why.

Listed residential funds address affordable housing backlog - bank

2017-06-21 18:14

Standard Bank believes SA has an opportunity to re-invigorate its affordable residential build sector through the establishment of listed residential funds.

Moody’s downgrades SA’s top 5 banks … and more

2017-06-12 20:22

Moody’s has downgraded the credit ratings of South Africa’s top five banks, three development finance institutions, 10 regional and local governments and three government-related entities.

Firefighters need 'nutrition bars, energy drinks, eyedrops' - #KnysnaRelief

2017-06-10 20:13

A local Knysna group called the Fried Tomato Company has already collected goods in excess of 40 tons to aide the efforts against the #KnysnaFires, and they still need more.

PMI still positive but shows weak economic growth

2017-06-05 11:10

SA's purchasing managers' index has remained in positive territory, but signals only fractional growth and weak underlying business conditions in the private sector.

Standard Bank tightens grip on Liberty after fallout with Dloti

2017-05-30 20:30

Standard Bank has announced that its head of investment banking will take over as CEO of Liberty Holdings in an effort to end the drag that the insurer is having on profit.

Standard Bank lends Zim $120m to help ease power crisis

2017-05-15 16:30

Standard Bank has finalised a $120m loan facility to Zimbabwe to boost the country's efforts to overcome its power crisis.

5 charts on why banks are in Zuma's cross hairs

2017-05-12 07:05

SA's top four banks haven’t done themselves any favours. In the past decade, three boards have backslid on racial diversity and none of them reflects the country’s demographics.

PMI above neutral mark for eighth month

2017-05-04 13:18

The latest purchasing managers' index has remained above the neutral mark, signalling the longest sequence of overall improvement in operating conditions in over four years.

Standard Bank: We are innocent

2017-04-30 06:01

The bank, claiming it has received no evidence of wrongdoing in the alleged currency price-fix cartel case, is seeking to compel the Competition Commission to provide it.

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