Latest articles on FICA

uKheshe: An app for the unbanked

Card holders can transfer money to each other at no cost, so an entire sub economy may evolve

New Fica signed in nick of time

Delays in signing the amendments into law had caused anxiety in the banking sector.

New Fica is just waiting for Gigaba

It’s feared the Guptas are benefiting from delays in activating a new law to curb financial crime

Singh, the shadow in the Molefe and Gupta scandals

Even if Molefe leaves Eskom for real now, his buddy will remain in charge of the books.

President Zuma signs FICA bill into law

The 2001 Act and other related Acts aim to combat money laundering and the financing of terrorism.

ANC’s Yunus Carrim: We’re not going to buckle on FIC Bill over Zuma

With the Twin Peaks Bill, Treasury wants to increase protection of South African consumers and regulate market conduct.

FirstRand closed Gupta accounts due to money-laundering fears

FirstRand is the first lender to publicly disclose reasons for severing links with Oakbay Investments, a company controlled by the Gupta brothers

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.

High noon in court for the Guptas

The finance minister made 72 transactions public and a lot of dirty washing could now be aired.

Child savers are royally fica’d

Fica, a response to money laundering, is having a criminal effect on childrens' products, writes Maya Fisher-French.

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Latest

Traditional healers need new spaces

Proper facilities supported by well-researched cultural principles will go a long way to improving the image and perception of the practice of traditional medicine

Limpopo big-game farmer accused of constant harassment

A family’s struggle against alleged intimidation and failure to act by the authorities mirrors the daily challenges farm dwellers face

Zondo tightens his grip with criminal complaint against Zuma

The state capture commission’s star witness now faces a criminal complaint and another summons

Press Releases

Western Cape SMBs look to technology to get them through pandemic

Many companies have over-capitalised on IT infrastructure in the past, and are looking for ways to access simpler, cheaper technology that cuts their costs

Land reform still a hot potato

The land has got to belong to all the people of South Africa, and many believe that there’s no other mechanism for that except expropriation

UP chemical pathology scientists develop ground-breaking nanobodies for Covid-19 detection and therapy

Nanobodies are smaller than conventional antibodies and easier to work with so they are ideal for good cheap sensitive rapid tests for Covid-19

Inclusion as learned experience in higher education

Understanding the complexity of intersections between oppressions relating to race and gender is key to any commitment to creating a culture of inclusion and social justice

Local government in crisis: how it can be fixed

Local governments are supposed to promote non-racial development, in a decentralised manner, but the reality does not match up

Covid-19 accelerates adoption of technology by the African property sector

It’s not the technology itself that is valuable, it’s the opportunities that it creates: this may be the perfect time for reinvention

BE 1 OF 8 LUCKY PEOPLE TO DRIVE OFF WITH R80 000

From 23 to 30 November 2020, simply purchase any BMW bearing the number “8” and you could be one of eight lucky people to drive off with R80 000

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