Parliamentarians are entitled to a good salary and pension benefits, but luxuries have no place in the current economic climate, writes Melanie Verwoerd.
Young Toni Watson followed her instincts when writing the smash hit, Dance Monkey. It’s reached number one on the official music charts of over 30 countries, and chances are you’re singing along to the catchy chorus right now.
Some consider it a habit almost as bad as smoking, and it affects a much bigger proportion of the population than cigarettes do. Find out what sitting can do to your health.
First it was price. But now banks want to outdo their peers in digital capabilities.
Sanlam said the relationship it forged with Capitec in May 2018 continues to exceed its expectations, selling roughly 100 000 policies a month.
The deal will help Capitec branch out into business banking.
The high court has ruled that Capitec must give consent for entities linked to Regiments to sell their Capitec shares to pay back a Transnet pension fund for losses it sustained due to state capture.
Capitec's acquisition of Mercantile Business Bank has been formally approved by Minister of Finance Tito Mboweni and other regulatory authorities.
But Capitec is still opposing a deal with the pension fund.
Transnet wants Capitec to pay the price for the state-owned entity's "mistakes" in dealings with Regiments Capital, says the bank's CFO.
Monthly ‘Live Better Talks’ from Capitec Bank to take place across the country and feature successful local leaders and influencers.
He's not the first insider to sell as the share looks increasingly expensive.
Get your year off to the best start by drawing up a comprehensive money plan.
Actor Thapelo Mokoena, one of the stars of Deon Meyers’ Trackers, credits one book for affirming his career change 17 years ago.
According to Solidarity’s 10th annual bank charges report released on Tuesday, banks are now offering better benefits to their customers at lower prices to protect their market share, following fierce competition launched in the banking sector this year.
Earlier in the week the Johannesburg High Court ordered the bank to consent to a Gupta-linked company selling its shares in the bank to pay back losses suffered by a Transnet pension fund.
The group's sum-of-the-parts value amounted to R259.56 per PSG Group share. By 11 October 2019 it was R299.57 per share.
FNB also plans to revamp 29 of its branches.
A Transnet pension fund has accused Capitec Bank of setting itself up to benefit from state capture abuses by blocking a major settlement for Transnet pensioners. Capitec says it is defending its empowerment credentials, but the pension fund says it is trying to take unfair advantage.
The CEO of Capitec has advice for President Cyril Ramaphosa: rally everyone around the goal of uplifting economic growth.
An extensive investigation into illegal debit order scams involving the country’s major commercial banks has revealed the existence of organised crime syndicates seemingly operating on a massive scale.
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