Trade has been the most important driver of international growth over the past 60 years and is a key to creating jobs in emerging markets such as SA.
New liquidity rules will force South Africa’s banks to change their funding strategies and this will negatively affect growth.
Standard Bank’s Sim Tshabalala explains how 150 non-banking laws and Basel III are strangling banking.
Implementation of Basel III will make it more expensive for potential buyers to get home loans.