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.

vital information

The Mail & Guardian’s essential coverage of the ongoing coronavirus crisis is free to read for everyone.

If you would like to support us, please consider taking out a subscription.

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

Press Releases