Latest articles on Banking Association Of South Africa

Small business owners closing shop and feeling the financial squeeze

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

Moody’s axe likely to fall on ordinary South Africans

The ratings agency is scheduled to announce its decision on a possible downgrade of SA credit worthiness on March 27

Fintech fills the funding gap

New companies are plugging the funding gap for small businesses, especially in townships

Tito’s back in town

Mboweni, a former reserve bank governor and labour minister, was sworn in as finance minister on Tuesday

Basa: Nene fears worsening ‘jittery’ markets

It was​ reported earlier on Monday that Nene had asked President Cyril Ramaphosa to relieve him of his duties

BASA says members willing to help out stressed parastatals

Banking Association of South Africa says its members are willing to help out SOEs such as Eskom and Transnet with "expertise and resources"

EFF offering a solution to the dominance of banking’s Big Five

Many argue such banks will allow the unbanked entry and offer appropriate banking products and services, including to small and medium enterprises

Student loan plan shot down

The state is too heavily indebted to back the advances and the role of Sars is problematic

President Jacob Zuma sends money-laundering bill back to parliament

The proposed Bill would have increased scrutiny of the bank accounts of "prominent individuals", including himself.

South African business to close for Mandela’s funeral

Enterprises ranging from retailers to mines and bank headquarters will close for the former president's funeral.

No interest in ‘poor man’s account’

Low-cost Mzansi accounts are losing ground to bank-branded products that are cheaper and more appropriate for low-income customers.

Wake-up call for banking sector

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.

‘Sinking into debt? Act now!’

A timely pamphlet on debt targets credit customers.

In debt? Help is at hand

A national consumer awareness campaign shows consumers how to negotiate with their credit providers.

All eyes on Gordhan ahead of budget speech

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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Latest

Vodacom swindled out of more than R24m worth of Apple iPhones

A former employee allegedly ran an intricate scam to steal 8700 phones from the cellular giant

We will find resources to ensure the Zondo commission completes its work — Lamola

Justice Minister Ronald Lamola says his department will ensure the state capture commission is afforded the financial resources to complete its work, despite the treasury’s uncertainty

Tobacco industry calls Dlamini-Zuma’s bid to appeal ban a costly folly

The minister could spend the state’s money on fighting Covid-19 and cigarette cartels, tobacco manufacturers argue

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