HSBC

HSBC to pay nearly €300mn to end Belgian criminal probe

As well as paying €294.4-million as a criminal fine, the bank will also hand over 400,000 euros in civil damages to the Belgian state.

HSBC boss in shock exit as bank warns of ‘challenging’ times

Monday's surprise news came shortly before HSBC reported first-half net profit up 18.6% at $8.5-billion from a year earlier.

China accuses Trump of ‘blackmail’ after new tariffs threat

Trump warned of "additional tariffs" should Beijing hit back with tit-for-tat measures

Focus shifts to Steinhoff’s ex-chair Christo Wiese

It appears US banks lost $1-billion when they loaned to the tycoon who used his Steinhoff shares as collateral

Investors saddled with reform risk

New regulations will require investors to bear the risk of South African bank failures.

Standard Bank cited in price-fix claim

Standard Bank, Goldman Sachs, HSBC and BASF Metals are the four companies accused of manipulating the price of platinum.

Expect low private consumer spending in 2014

The platinum strike, rising inflation and other factors have contributed to a "bleak outlook for consumer spending", according to a new report.

Gold fix study indicates a decade of manipulation

A research paper has raised the possibility that banks have been working together to manipulate the London gold fix rate.

Gold gains as investors weigh US economy concerns

The commodity rallied as an ADP research institute report showed US companies added less jobs than was forecast.

SA’s PMI drops to 50.5 for December

The purchasing managers' index has dropped to 50.5 for December, the weakest it has been in three months.

Rand weakens to a five-year low after China manufacturing data

The rand was one of the worst performing major currencies as demand for China's manufactured goods declined.

HSBC’s new PMI index shows growth in SA

HSBC has launched South Africa's first purchasing managers index that looks at the whole economy, and it revealed the country is growing.

Latest

Focus on FW de Klerk distracted attention from the troubling state of the nation

Some political analysts say President Cyril Ramaphosa is taking too long to mend the country, others says it is the ANC itself that must be fixed

Eastern Cape MEC orders graft investigation after two workers killed at troubled district municipality

The killing of two council workers at the Amathole district municipality appears to be linked to tender fraud and corruption

South Africans stuck in China are desperate to escape coronavirus ‘prison’

But the department of international relations and co-operation claims they are comfortable and taken care of 

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it