Across much of Africa, the way money crosses borders reflects a continent in transition. Cash, mobile money and digital banking all coexist, but not with equal ease. While digital adoption is rising, many people still struggle to move funds reliably between countries. This is exactly the challenge the G20 has placed at the centre of […]
The now-deceased pensioner’s vigilance resulted in the scam to allegedly defraud her investment account being discovered
The uncertainty created by the possibility of a coalition government
is putting people off big-price buys
But the cinema group’s chief executive insists that the show will go on as load-shedding abates
It’s imperative to know how to navigate today’s digital banking landscape
A differentiated segment of financial solutions available to all consumers
World food and fuel costs have dropped but grocery prices at local supermarkets remain unaffordably high
After nearly six decades of independence the need for real change in the country hasn’t diminished
The prodigal son’s return may usher in a new era for the retailer, which has languished under the Ackerman family’s control
The FirstRand chief operating officer is set to become the first black woman to run a major banking group in South Africa
With interest rates at a 14-year high, many South Africans have depleted their emergency savings
The improvement in confidence was helped by the change in attitude of affluent consumers, who were spooked by severe load-shedding and the Russian cargo ship debacle in the previous quarter
Interest rates will probably remain much higher than their pre-pandemic average, as the Reserve Bank guards against ongoing inflation risks
A higher cost of borrowing is generally good for bank profit margins – until it isn’t
Financial conditions are tight but demand for credit has remained robust in the face of interest rate hikes
British citizen Richard Marsden apparently orchestrated the defrauding of clients at FNB, Absa and Rand Merchant Bank
Molelle is accused of having received R2 million from the money Mahendren Munsamy allegedly ‘stole’ from former Eskom executive Anoj Singh
Mahendren Munsamy, accused of stealing R420 million from FNB and Sasol, allegedly also stole from Singh
This is the country in which falling in love may be a death sentence and romance is being stabbed to death, remains dismembered and stuffed into a suitcase to be left on the street
With more people relocating to the coast, demand in the Mother City has sent prices soaring
Director of public prosecutions Shamila Batohi asked to drop charges in the fraud case involving the bank and the chemicals firm
The commercial property sector probably peaked in 2022. Office vacancies remain high and harsh economic conditions continue to constrain growth
The market is set to slow as consumers feel higher bond costs but the slump will not be as dramatic as in economies where buoyancy is the rule not the exception
The department of mineral resources and energy said the new fuel prices would come into effect on Wednesday
It could prove difficult for government to loosen its grip on the public purse, but economists say the current extraordinary circumstances require intervention
The higher producer prices come after consumer inflation also bucked consensus expectations
There is a lot bearing down on South African consumers and, without growth, the economy stands to decline
Absa, FNB, Nedbank, Mercantile, Sasfin, Investec, Bidvest and Access Bank have cut ties with his companies and Standard Bank has the Sekunjalo Group on review.
The volume of new mortgage applications reached multi-year highs amid record low interest rates
When faced with the choice between protecting the interests of people and making a profit, even the most benign corporations will choose the latter.
So far, one of South Africa’s ‘big four’ banks faces a serious allegation levelled in the Zondo report — and more revelations may follow
Broker survey shows bleak prospects for Gauteng in 2022 as coastal areas lead in commercial, retail and industrial property