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ABSA

Nedbank features negatively in state capture report; Standard Bank defends itself
Business
/ 18 January 2022

Nedbank features negatively in state capture report; Standard Bank defends itself

So far, one of South Africa’s ‘big four’ banks faces a serious allegation levelled in the Zondo report — and more revelations may follow

By Sarah Smit
Good governance requires not only the application of the law, but also its ethics and principles
Opinion
/ 26 November 2021

Good governance requires not only the application of the law, but also its ethics and principles

Principles such as accountability, responsibility, transparency and fairness should form the foundation of the manner in which we all conduct ourselves

By Annamarie van der Merwe
Absa firing is an attack on corporate governance — Sipho Pityana
Business
/ 24 November 2021

Absa firing is an attack on corporate governance — Sipho Pityana

Absa announced that the businessman was removed from its boards after being accused of acting against the banking group’s best interest

By Sarah Smit
Sexual harassment accuser claimed she protected ‘overboarded’ Pityana
Business
/ 14 November 2021

Sexual harassment accuser claimed she protected ‘overboarded’ Pityana

‘I protected Pityana’s job’

By Sarah Smit
Pityana palaver exposes AngloGold Ashanti’s cracks
Business
/ 28 October 2021

Pityana palaver exposes AngloGold Ashanti’s cracks

The mining company’s former board chairperson has accused his replacement of engineering a sexual harassment complaint to get him out

By Sarah Smit
Capitec Bank flies high above Viceroy’s arrow
Business
/ 17 September 2021

Capitec Bank flies high above Viceroy’s arrow

The bank took a knock after being labelled a loan shark by the short seller, but this has not stymied its growth

By Sarah Smit
Green shoots for energy security, bad news for Eskom’s revenue
The Green Guardian
/ 9 August 2021

Green shoots for energy security, bad news for Eskom’s revenue

Additional energy will take demand pressure off Eskom’s strained supply, but the downside will be a reduction in revenue for the power utility

By Tunicia Phillips
Businesses reel as #ZumaUnrest rages
National
/ 12 July 2021

Businesses reel as #ZumaUnrest rages

Shop owners and businesses are being forced to close as violence spreads

By Luke Feltham
Report on local financial institutions’ AGMs shows climate pressure is gaining momentum
The Green Guardian
/ 6 July 2021

Report on local financial institutions’ AGMs shows climate pressure is gaining momentum

A Just Share report on the AGMs of seven of SA’s biggest financiers found their climate commitments show promise, but timelines remain sketchy

By Tunicia Phillips
South Africa joins digital currency race
Business
/ 25 May 2021

South Africa joins digital currency race

Reserve Bank launches feasibility study into a possible retail central bank digital currency, which is expected to be concluded in 2022.

By Sarah Smit
Building cathedrals for black business
Opinion
/ 30 April 2021

Building cathedrals for black business

A vision for the future needs to take the long view

By Monde Ndlovu
Absa fills chairs after chief executive’s exit
Business
/ 28 April 2021

Absa fills chairs after chief executive’s exit

Deon Raju has been appointed as the bank’s chief risk officer and Parin Gokaldas take over as Absa’s treasurer

By sarahsmit
Absa chief executive resigns due to differences with board on future strategy
Business
/ 20 April 2021

Absa chief executive resigns due to differences with board on future strategy

Activist group warns of a ‘culling trend’ affecting black professionals in top positions

By Tunicia Phillips
Why the cash of the future will be digital and decentralised
Business
/ 3 April 2021

Why the cash of the future will be digital and decentralised

Technology used in cryptocurrency will overhaul the banking sector and cater for the unbanked

By Sarah Smit
SA’s biggest banks remain resilient amid Covid-19 shocks
Business
/ 19 March 2021

SA’s biggest banks remain resilient amid Covid-19 shocks

The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling

By Sarah Smit
Panel slams Mkhwebane in a report that sets parliament on long road to impeachment
National
/ 2 March 2021

Panel slams Mkhwebane in a report that sets parliament on long road to impeachment

The public protector was wrong to think legal review was the remedy for incompetence on her part; it is, in fact, removal, an independent report concludes

By Emsie Ferreira
Business closures increase in December, according to Stats SA data
Business
/ 25 January 2021

Business closures increase in December, according to Stats SA data

Despite the government’s efforts to lessen the economic shock of the pandemic and the lockdown, businesses are struggling to keep their doors open

By Tshegofatso Mathe
Secret meetings with Zuma could sink Mkhwebane
National
/ 21 January 2021

Secret meetings with Zuma could sink Mkhwebane

An alleged string of lies about Mkhwebane’s meeting with the former president in her contentious R3.2-billion Absa report has the public protector in a legal wrangle

By Khaya Koko
Justice department hit by a costly cyberattack
National
/ 30 September 2020

Justice department hit by a costly cyberattack

The theft of R10-million from the Guardian’s Fund account prompts the justice department to freeze all accounts until an audit can determine the extent of the damage

By Sabelo Skiti
The demise of the chequebook
Business
/ 17 June 2020

The demise of the chequebook

The use of cheques has fallen about 80% in the past decade as consumer habits shift and digital payments continue to gain traction

By Tshegofatso Mathe
Mboweni faces taxing decisions
Article
/ 21 February 2020

Mboweni faces taxing decisions

The finance minister must tread a tightrope to fix the economy as he prepares for next week’s budget speech

By Thando Maeko and Tshegofatso Mathe
Conscious capital is critical to future-proofing Africa
Article
/ 24 October 2019

Conscious capital is critical to future-proofing Africa

Business leaders must wake up to the fact that they can ‘do good’ and still make a profit

By Sazini Mojapelo
Swings and roundabouts for jobs in banks
Article
/ 11 October 2019

Swings and roundabouts for jobs in banks

Although one independent evaluation shows that some banks have been shedding jobs, other banks are hiring

By Tshegofatso Mathe
New banks circle small businesses
Article
/ 27 August 2019

New banks circle small businesses

TymeBank, Bank Zero and Capitec are all looking for ways to woo businesses – including SMMEs – on to their books

By Lynley Donnelly
Busi, Absa and costly spelling slips
Article
/ 16 August 2019

Busi, Absa and costly spelling slips

Errors in email addresses contributed to the row between the protector, the bank and the president

By Thanduxolo Jika
SingularityU South Africa Summit 2019 will address Africa’s most pressing challenges
Article
/ 2 July 2019

SingularityU South Africa Summit 2019 will address Africa’s most pressing challenges

SingularityU South Africa brings together the world’s leading exponential technology thought leaders to address Africa’s most pressing issues

By Advertorial Supplement
Office of the public protector must not be captured
Article
/ 14 June 2019

Office of the public protector must not be captured

At the heart of the debate about Busisiwe Mkhwebane’s conduct is how to ensure that the office she holds is protected

By Natasha Marrian
Forex cartel case drags on
Article
/ 14 June 2019

Forex cartel case drags on

The Competition Commission has 40 working days in which to redraft its case against banks

By Lynley Donnelly
Bosasa tells court: We are being hijacked by liquidators
Article
/ 14 March 2019

Bosasa tells court: We are being hijacked by liquidators

Bosasa wants the decision to place the company under voluntary liquidation, should be declared null and void

By Kyle Cowan
International case may set precedent in rand-rigging battle
Article
/ 6 February 2019

International case may set precedent in rand-rigging battle

Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013

By Lynley Donnelly and Gemma Ritchie
Maria Ramos, the new captain of Ship SA?
Article
/ 1 February 2019

Maria Ramos, the new captain of Ship SA?

Absa CEO Maria Ramos’s decision this week to quit with just a month’s notice led to immediate speculation that she is quitting for another job

By Kevin Davie
What’s next for Maria Ramos?
Article
/ 29 January 2019

What’s next for Maria Ramos?

After leading Absa for a decade, Ramos is retiring from her post as chief executive at the end of February

By Gemma Ritchie
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