Bank downgrades reflect policy confusion, weak SA leadership - BASA

2017-06-13 21:05

The credit rating downgrades of SA's largest banks further emphasise policy confusion and weak leadership in the country, says the Banking Association of SA.

Two new state banks eye rapid expansion

2017-06-11 06:00

Postbank aspires to lending, while Ithala’s plan is to attract public sector depositors.

Barclays sells Zim stake to Malawi bank

2017-06-02 11:07

Barclays Bank has agreed to sell its stake in Barclays Bank Zimbabwe to First Merchant Bank of Malawi, as part of its plans to exit African markets.

Former minister heads up new health care cooperative

2017-05-26 20:24

MediCoop CFI, the financial cooperative that provides banking services to members in the health care sector, has appointment Theuns Botha as managing director.

Fintech can unlock business potential of African banks

2017-05-23 16:35

Fintech is turning traditional banking on its head and is disrupting the way ordinary Africans manage and use their money, says an expert.

The best apps for keeping you up to date with trends and celebs

2017-05-19 11:19

So how do you make sure you are top of the trends and up to date? It is as simple – there’s an app for that!

High bank charges force immigrants to send money home 'hand-to-hand'

2017-05-10 11:00

Migrants, refugees and asylum seekers in South Africa send billions of rands home to their countries of origin every year.

Are authenticated collections reinventing the debit order?

2017-05-09 13:54

Although introduced with good intentions, South Africa’s unique early debit order system is open to abuse, as is evident in the almost one million disputes lodged every month.

Trump considers breaking up large banks - report

2017-05-02 11:38

President Donald Trump is reviewing a possible breakup of large US banks, according to a published interview.

Relief as Zuma signs FICA bill into law

2017-04-30 15:15

The Banking Association of South Africa breathed a huge sigh of relief after President Jacob Zuma signed the Financial Intelligence Centre Amendment bill into law.


MMI, African Bank partner to expand fin services

2017-06-12 15:41

MMI Holdings announced a new partnership with African Bank which will see both entities expanding their service offerings for their client base.

Zanu PF wants Mugabe to reverse sale of Barclays Bank of Zimbabwe

2017-06-02 16:06

The Zanu PF party wants President Robert Mugabe to reverse the sale of Barclays Bank of Zimbabwe to a Malawian bank, as the sale contravenes Zimbabwe's indigenisation laws.

African Bank spends R72m on building transactional banking

2017-05-28 06:00

African Bank has spent R72 million of its R225 million budget on building a transactional banking unit as part of the company’s plan to double its client base over the next three years.

The benefits of an offshore bank account

2017-05-16 15:57

An offshore account holds numerous benefits, and it is not as time-consuming, complicated or expensive as you think.

SA still has most subsidiaries in Africa but rivals catching up

2017-05-10 06:02

South African companies have the highest number of subsidiaries in the rest of Africa market but competition is fast rising from Kenyan and Nigerian firms, says the IMF.

High fees tops 6 reasons why South Africans shun banks

2017-05-05 11:26

South Africans generally mistrust the banking system due to high transaction fees and fears of exploitation, according to a study by the Boston Consulting Group.

FICA bill battle is far from over

2017-04-30 17:29

The Financial Intelligence Centre Amendment bill has finally been signed into law, but the focus now turns to the careful monitoring of its implementation.

Capitec CEO earned R13m in 2016 - report

2017-04-27 09:45

Capitec CEO Gerrie Fourie earned over R13m for the financial year, trailing behind counterparts like Maria Ramos of Absa at R29.5m and Mike Brown of Nedbank's R22.2m.

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