Aphiwe Qamungwane pretended to be a Zimbabwean mining salesperson in scheme that included identity theft and foreign exchange crimes
The bank’s chief risk officer says banks can’t stand on the sidelines of the climate crisis debate
Administrators at First National Bank are accused of duping Investec out of millions of rand.
The firm believes the second-hand vehicle business will thrive in a post-Covid world
But the forensic analyst has also claimed to be a victim of identity fraud
Technology used in cryptocurrency will overhaul the banking sector and cater for the unbanked
The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling
Finance Minister Tito Mboweni has the difficult task of kick-starting a stalled economy while also cutting on spending
Simon Lapping, who has accused First National Bank’s chief executive of bribery, is facing his own legal woes
VAT should not be hiked, but a once-off levy on mineral resources or a solidarity tax seems likely
If herd immunity is reached and life returns to ‘normal’, people may switch spending to things they gave up and the desire to DIY may subside
Allegations of bribery against the bank’s chief executive, Jacques Celliers, thrown up in a separate court case
Limited understanding of finances and a low income means that millions of South Africans either don’t or can’t put money aside for when they’re older
South Africa was well-placed for the 2008 crisis. But R3.18-trillion debt and low growth hamper its ability to limit the economic effects of Covid-19
To improve the South African economy, we need to institute practical measures to effect change
South Africa’s largest grocer saw its local operations increase sales by 10.3% during the quarter
After weeks of oppressive heat and decreasing dam levels, recent rains renew hope for farmers
While sales in affluent suburbs are lacklustre, sales at the lower end of the property market are starting to sparkle
Public Protector Busisiwe Mkhwebane has come under intense scrutiny following a series of controversial findings
Bosasa wants the decision to place the company under voluntary liquidation, should be declared null and void
ANC to make submissions regarding evidence from the country’s big four banks and Barbara Hogan, the former public enterprises minister
Hustlers have audacious goals and are not afraid of taking risks
The bank’s vision is to be a trusted money manager
Though the ANC did not attempt to browbeat Nedbank into reversing its decision, ‘veiled threats’ were made to the bank at a subsequent meeting.
So far the commission — chaired by Deputy Chief Justice Raymond Zondo — has heard from officials from Standard Bank, FNB and Absa
Johan Burger’s testimony dealt with attempts by the ANC and government to intervene in the closure of the accounts
In 2016, Absa, FNB, Nedbank and Standard Bank unexpectedly cut ties with Gupta-owned businesses and shut down their bank accounts
In 2016, Absa, FNB, Nedbank and Sasfin unexpectedly cut ties with Gupta-owned businesses and shut down their bank accounts.
Analysts say the rebranded banking giant needs more than just a fresh logo to regain market share
The South African Reserve Bank has given borrowers a little Easter holiday gift, announcing a 25 basis point cut in interest rates on Wednesday
Growth was seen across all retail categories with the largest seen in household furniture, appliances and equipment
Not only will your banking costs be greatly reduced, you could become a part-owner