Author

 
Lisa Steyn

Lisa Steyn

Lisa Steyn is a business reporter at the Mail & Guardian. She holds a master's degree in journalism and media studies from Wits University. Her areas of interest range from energy and mining to financial services and telecommunication. When she is not poring over annual reports, Lisa can usually be found pottering about the kitchen.
Money Magda kicks Net1 butt
Money Magda kicks Net1 butt
Magda Wierzycka was just 13 years old when she and her family fled communist Poland, crossing the border illegally in the dead of night. Her...
World Bank's IFC, Allan Gray rush to curb fallout of grants debacle
World Bank's IFC, Allan Gray rush to curb fallout of grants debacle
The World Bank’s private sector arm, the International Finance Corporation (IFC), insists it made the right call when it decided to buy a...
Banking sector needs diversity, but risks are high for little guys
Banking sector needs diversity, but risks are high for little guys
Bringing new black entrants into banking would enhance the diversity of ownership in the sector and they would be more likely to extend financing to...
Postbank could speed up change
Postbank could speed up change
Creating a state-owned bank is seen as being central to the speedier transformation of South Africa’s financial services sector. It was an issue...
Politics bedevils transformation
Politics bedevils transformation
NEWS ANALYSIS
​‘Earning R1.5m a year is not rich’
​‘Earning R1.5m a year is not rich’
Tax increases announced in last month’s budget speech target the wealthy but, in announcing that a new tax rate of 45% would apply to those who...
​Cheeky upstart challenges the JSE
​Cheeky upstart challenges the JSE
It’s lunchtime on a gloomy Monday at the offices of ZAR X and there has not yet been a trade on the fledgling exchange.
Traders backed by a massive armoury
Traders backed by a massive armoury
Foreign exchange traders at Barclays employed various strategies to manipulate the fixes.
US plea bargain shows how forex fixes were rigged in SA
US plea bargain shows how forex fixes were rigged in SA
In a chat room in 2010, a Barclays foreign exchange trader explicitly discussed with a JP Morgan trader co-ordinating the prices offered for...
Elephants in the budget room
Elephants in the budget room
There is a meme that is often posted on social media when someone has had a particularly bad day.
‘Rate-rigging’ traders still at work
‘Rate-rigging’ traders still at work
Many of the traders identified in the Competition Commission’s currency-rigging case against major banks are still employed by them, and some are...
Budget wrap: Gordhan ups social spending and squeezes the rich
Budget wrap: Gordhan ups social spending and squeezes the rich
Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax...