Barclays sale 'a historic moment' - Maria Ramos

2017-06-01 10:48

Following the sale of 33.7% of Barclays Plc's shareholding in Barclays Africa, the bank is now an integrated, stand-alone Pan-African business, says chief executive Maria Ramos.

'Gupta clause' in financial bill worries DA

2017-05-29 19:27

The DA said it is concerned about the reinsertion of a so-called "Gupta clause" in the Twin Peaks Bill that will allow the Financial Sector Conduct Authority to set standards for the closing of bank accounts.

SARB fined banks R46.5m in 2016 for control weaknesses - report

2017-05-26 10:57

The South African Reserve Bank fined banks a total of R46.5m in 2016 due to weaknesses in their control measures.

Zim bank queues lead to 'staggering' productivity loss - survey

2017-05-05 14:43

Zimbabweans spend an average of 2.5 working hours per week in banking queues, a $40m loss in wages paid to employees who are not productive every month, according to a survey.

ALERT: Bank clients cautioned amid SIM-swap attacks

2017-05-03 05:00

The South African Banking Risk Information Centre has cautioned bank clients not to click on any hyperlinks in emails purporting to come from a bank.

Cyber heists go big as criminals now target banks

2017-04-28 11:27

Cyber criminals are no longer just targeting individual bank users, but are attacking routers, internet service providers and even banks themselves.

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.

Commission seeks no relief from Barclays Bank Plc in banks case

2017-04-18 17:10

The Competition Commission has filed a supplementary affidavit in its application against 18 banks.

Zuma curse stalks SA banks as bond sales set to stall

2017-04-13 14:53

Just as things have been starting to look up for South African banks with economic growth and lending poised to rebound, President Jacob Zuma strikes again.

Capitec Bank appoints new executives

2017-04-07 12:24

Capitec Bank has appointed two independent non-executive directors, it announced.


Mauritian banks seen as haven as politics, oil roil peers

2017-05-31 06:31

Mauritian banks are becoming beacons of growth and stability in sub-Saharan Africa.

SA defends its large companies

2017-05-28 06:00

Jail for cartels not necessarily a great idea. Dewald van Rensburg explains.

African Bank looks to fire 652 staff

2017-05-21 06:01

African Bank this week issued notices to its staff related to a restructuring plan that will see as many as 652 staff members retrenched, a source told City Press.

SIM-swap scams: How Vodacom protects you

2017-05-03 15:36

SIM-swap fraud complaints seem to be on the rise with a growing number of victims coming forward to share their dreadful experiences. Vodacom offers some helpful tips.

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.

Banking sector still well capitalised, despite downgrades - analyst

2017-04-25 07:49

South African banks remain well capitalised and the recent downgrades should have a minimal impact on their profit margins, says an analyst.

Gigaba reins in aide, says Malikane not a zama-zama

2017-04-19 12:40

New Finance Minister Malusi Gigaba has reined in his newly appointed adviser Professor Chris Malikane over an opinion piece he authored promoting nationalisation.

Treasury puts out fires on Gigaba aide's take on nationalisation

2017-04-18 14:15

National Treasury has tried to put out fires after Finance Minister Malusi Gigaba’s newly appointed adviser published an article advocating for the nationalisation of banks.

Deep discount lures buyers to SA banks despite junk

2017-04-13 09:39

Foreign investors have been snapping up South African banking stocks, enticed by the cheapest valuations relative to emerging-market peers since 2011.

Gigaba assures banks of policy stability - BASA

2017-04-06 17:17

New Finance Minister Malusi Gigaba has assured South Africa's banks that there will be no shift in policy direction, says Banking Association MD Cas Coovadia.

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