Clearing your name after debt review

2016-10-21 20:26

A Fin24 user wants to know how to clear her name after debt review.

Sarb's Kganyago raised red flag on Gupta bank probe

2016-10-16 13:33

SA Reserve Bank governor Lesetja Kganyago cautioned in April already that a cabinet inquiry about the Gupta's bank accounts could be viewed as political interference.

Gordhangate: Almost R34bn wiped off SA banks

2016-10-12 06:28

Bank stocks have taken a knock after Finance Minister Pravin Gordhan was summoned, spurring fears the move is politically motivated and may prompt ratings firms to cut the country to junk.

Radebe distances Cabinet from Zwane's bank probe statement

2016-09-29 19:14

Minister in the Presidency Jeff Radebe was caught by surprise at his colleague's insistence that he had the backing of Cabinet when issuing a statement about a bank probe.

Zimbabwe banking crisis

2016-09-25 06:29

Zimbabwean companies face increasing problems in making international payments and getting their hands on foreign currency.

Zuma faces court action if he sits on banks bill

2016-09-23 11:48

President Jacob Zuma is caught between court action if he doesn’t sign a bill to help fight money-laundering, or flak from a business body if it isn’t constitutionally tested.

Sasfin to upscale offering as profits rise

2016-09-19 14:47

Banking and financial services group Sasfin has reported 29% growth in headline earnings and plans to scale up its offering in the future.

Treasury, banks to woo US investors ahead of ratings move

2016-09-15 10:52

National Treasury, the Johannesburg Stock Exchange and major banks will meet with investors in the US next month as rating firms prepare to review SA's creditworthiness.

FNB banks 11% more profits as clients up business

2016-09-09 06:50

FNB's full year results reflects an 11% rise in profits on the back of an increase in business among its existing clients.

Call to probe bank mandates

2016-09-04 08:26

A Cabinet committee called for a judicial review to consider creating a state bank and probe the mandates of banking oversight bodies after the nation’s four biggest lenders said they would stop doing business with the Gupta family, which has ties to President Jacob Zuma.


Coovadia slates NPA over 'bogus' Gordhan charges

2016-10-18 20:30

Prominent banker Cas Coovadia has accused the NPA of grandstanding at the press briefing where the decision to charge Finance Minister Pravin Gordhan was announced.

Pay with your phone using your fingerprint ID

2016-10-16 07:25

As financial fraud continues to be a threat, South African banks are responding by moving into an era where your plastic bank card will no longer be used directly.

Credit Suisse cuts jobs in SA, Dubai to save costs

2016-10-09 11:06

Swiss lender Credit Suisse Group has cut jobs in South Africa, including researchers covering stocks, and two equity analyst positions in Dubai.

Capitec profits jump 19% as bank lures more clients

2016-09-27 09:31

Capitec Bank Holdings, provider of unsecured loans and low-cost accounts, says fiscal first-half profit has risen 19% after attracting more clients and opening new branches.

DBSA eyes Brics bank and diversification

2016-09-25 06:29

The Development Bank of Southern Africa (DBSA), which largely funds municipal infrastructure, is on the fence about the New Development Bank planned by the Brics group of countries.

Gordhan the real target of 'judicial inquiry into banks' - MP

2016-09-22 12:53

Leaked information that a PR firm knew about a mooted judicial inquiry into banks was likely an attempt to intimidate Pravin Gordhan, says DA MP David Maynier.

Battle for SA's finances rages on multiple fronts

2016-09-16 07:10

The government appears to be at war with itself, as President Jacob Zuma and his Finance Minister Pravin Gordhan grapple for control of the nation’s finances.

Gordhan met Gupta-owned Oakbay on banks 4 months ago

2016-09-09 15:11

Finance Minister Pravin Gordhan has admitted meeting with representatives from Oakbay Investments in May this year.

SA banks urge Zuma to pass money laundering law

2016-09-07 07:12

The Banking Association of South Africa, which represents the country’s biggest banks, wants President Jacob Zuma to pass the Financial Intelligence Centre Amendment Bill.

Zuma v Pravin – owners of SA’s Big Four banks down R100bn in two weeks

2016-09-02 07:27

SA's big four banks lost R127bn in 2 days when Nene was fired. In the last 2 weeks since Gordhan's Hawks' woes, they lost R100bn. Is anybody listening now, asks Alec Hogg.

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