Sanlam to chase deal with black investors after buying Saham

2018-10-12 12:48

Sanlam is ready to press ahead with the sale of a 5% stake to black investors as the insurer nears the finish line with its purchase of Morocco’s Saham Finances.

7 tips to protect yourself from malicious software, spyware

2018-10-09 09:01

Malicious software, spyware and key loggers are three ways cyber criminals use to obtain sensitive information from unsuspecting consumers.

SA urges its banks to innovate as new entrants mobilise

2018-10-08 12:30

South Africa will strive to allow competition into its banking system in a way that won’t threaten the stability of the industry as more and more entrants seek to rival the biggest lenders, says Kuben Naidoo.

Business Leadership SA lauds progress of KPMG's new leadership, lifts suspension

2018-10-04 22:02

Business Leadership South Africa has lifted the suspension of KPMG South Africa’s membership.

SA banks caught in lending dilemma as economy lags

2018-10-04 10:26

Banks are caught in a conundrum; they either lend into a stagnating economy or wait for signs of life. Should growth not pick up soon, it may not matter which way they go.

Alexander Forbes appoints new CEO

2018-10-01 11:02

Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.

Alexander Forbes fires CEO over a 'loss of confidence and trust'

2018-09-25 09:27

Shares in the financial services provider rose in early trade after it announced it had terminated the services of CEO Andrew Darfoor.

Nigeria fires back at HSBC after bank criticises President

2018-09-17 18:10

Nigeria has accused HSBC of money laundering after an analyst working for the lender said that a second term for President Muhammadu Buhari may stall economic recovery.

Capitec CEO lists two focus areas for unsecured lending market

2018-09-11 10:59

Capitec CEO Gerrie Fourie highlights the way credit life cover is charged as one of two areas that need urgent attention in the unsecured lending market.

RMB Holdings announces final 183c dividend, 8% rise in normalised earnings

2018-09-07 12:49

RMH’s board declared a gross final dividend of 183 cents per share, bringing the total dividend for the year ending 30 June 2018 to 351 cents.

 

Sanlam seals largest deal yet in growth drive

2018-10-11 09:37

Sanlam says it fulfilled all the conditions for the $1.1bn of the shares it doesn’t already own in Morocco’s Saham Finances SA after regulators approved the deal.

Banking scams: Two-step verification isn't as safe as you think

2018-10-08 17:46

Criminals can approach your mobile service provider, pretending to be you, and request a transfer of your existing cell phone number to their new SIM card.

Banking scams: You've heard of phishing, but what about vishing and smishing?

2018-10-08 11:15

Digital technology has provided new ways for criminals to commit digital banking crimes, warns the SA Banking Risk Information Centre.

Cybercrime now 55% of gross losses in SA banking industry - report

2018-10-04 20:30

More than half of the gross losses due to crime reported to the SA Banking Risk Information Centre (SABRIC) occur online.

Axed CEO Andrew Darfoor takes Alexander Forbes to CCMA

2018-10-02 21:32

Andrew Darfoor, who was fired as chief executive officer of Alexander Forbes, says he has lodged a case against the financial services firm with the Commission for Conciliation, Mediation and Arbitration.

'Substantial value' as Old Mutual unbundles majority shareholding in Nedbank

2018-09-27 10:25

Old Mutual Limited has announced the unbundling of its majority shareholding in Nedbank to its shareholders.

SARB warns of 'catastrophic' impact if banks kept Gupta accounts open

2018-09-24 19:00

SA’s “big four” banks could have been locked out of the international payments system if they had kept Gupta bank accounts open, says the SARB deputy governor.

7 ways banking as we know it could be changing forever

2018-09-14 05:45

Banking as consumers know it, is on the way out – to be replaced by a bold new world of seamless, cardless, cashless financial systems that will change the way people live and transact forever.

Big SA banks stay resilient despite economic headwinds - PwC report

2018-09-10 19:34

PwC's analysis has found that the major banks have continued to spend considerable time and cost on their digital strategies, while enhancing loyalty programmes to attract a greater share of the "customer wallet".

Sanlam urges SA to tone down on policy to lift growth

2018-09-07 10:29

The government must provide policy certainty and tackle its problems one at a time if it is to pull the country out of its economic malaise, according to Sanlam CEO Ian Kirk.

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