The Budget presents a dilemma to the unions. Mboweni himself grappled with the conflicting demands, writes Mpumelelo Mkhabela.
Minister of Finance Tito Mboweni has told Members of Parliament belonging to the Economic Freedom Fighters that neither National Treasury nor the South African Reserve Bank had evidence of currency manipulation by South Africa’s banks and, therefore, did not investigate it.
In a global first, Mastercard has announced a next-generation biometric card that combines chip technology with fingerprints to verify a cardholder’s identity for in-store purchases.
Absa Bank parent company Barclays is on course to up its game in South African banking as it makes up ground in the online and mobile space.
Commercial property is no longer the best bet as the performance gap with returns on residential narrows, writes Joan Muller.
Absa is launching a high court application to review and set aside the Public Protector’s Bankorp report, the bank has announced.
The financial services sector's worst kept secret was confirmed when Barclays said it would be offloading its African operations, of which Absa accounts for around 80%.
The downgrade of SA's four biggest banks means consumers will likely pay more when seeking loans and be subject to stringent credit checks, says an expert.
Despite lower interest rates, consumers remain weighed down by debt, a report shows.
Western CapeOdwyer PersonnelR14 000.00 Per Month
R 2 500 000
Apartments / Flats
R 3 000 000
R 8 300 000
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