The Gupta era exposed the flaws in the country’s anti-money laundering framework and now the government is dealing with the consequences
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The bank’s chief risk officer says banks can’t stand on the sidelines of the climate crisis debate
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The hopes and dreams of many entrepreneurs have been dashed. We track some of the owners of SMMEs, who talk of losing everything they worked for
The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27
New companies are plugging the funding gap for small businesses, especially in townships
Mboweni, a former reserve bank governor and labour minister, was sworn in as finance minister on Tuesday
It was reported earlier on Monday that Nene had asked President Cyril Ramaphosa to relieve him of his duties
Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"
Many argue such banks will allow the unbanked entry and offer appropriate banking products and services, including to small and medium enterprises
The state is too heavily indebted to back the advances and the role of Sars is problematic
The proposed Bill would have increased scrutiny of the bank accounts of "prominent individuals", including himself.
Enterprises ranging from retailers to mines and bank headquarters will close for the former president’s funeral.
Low-cost Mzansi accounts are losing ground to bank-branded products that are cheaper and more appropriate for low-income customers.
It is generally accepted that South African banks are well capitalised in terms of the Basel III requirements, which have to be phased in from 2013.
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/ 20 December 2010
A national consumer awareness campaign shows consumers how to negotiate with their credit providers.
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/ 16 February 2010
The government should maintain taxation at current levels, the Banking Association of SA said on Tuesday as it presented its pre-budget wish list.
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/ 25 November 2009
Progress has been made in transforming the financial sector, the Banking Association of South Africa said on Wednesday.
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/ 30 September 2008
Lynley Donnelly assesses the financial sector’s delivery in relation to the charter.
Banks are sabotaging the over broad-based black economic empowerment standards, the charter council says.
Building costs for poor households have increased by 25% year-on-year, mainly due to the cost of serviced sites going up, the Banking Association of South Africa said on Tuesday. The increase was primarity due to the increase in the cost of serviced sites, said managing director Cas Coovadia.
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/ 11 September 2007
Legislation providing for formal regulation and supervision of cooperative banks was adopted by the National Assembly on Tuesday. Introducing debate on the Cooperative Banks Bill, Finance Minister Trevor Manuel said it seeks to create an appropriate regulatory framework for member-based deposit-taking, financial services cooperatives.
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/ 5 September 2007
The Banking Association of South Africa is trying to have money it accidentally paid to a lobby group led by South African Communist Party head Blade Nzimande returned. The managing director of the Banking Association of South Africa, Cas Coovadia, confirmed that the industry body had accidentally paid its quarterly fees of R360Â 000 in June last year to the Financial Sector Campaign Coalition.