Reserve Bank

 
VBS needs to be wound up ‘urgently’
VBS needs to be wound up ‘urgently’
The final death knell sounded for defunct VBS Mutual Bank this week as the prudential authority of the South African Reserve Bank applied to...
Mboweni misses the big picture
Mboweni misses the big picture
The myopia of a finance ministry battling forces of fiscal degeneration here and financial volatility in the international markets was witnessed in...
Giyani municipal CFO fired over suspected involvement in VBS saga
Giyani municipal CFO fired over suspected involvement in VBS saga
The Giyani municipality on Sunday confirmed that its chief financial officer has been fired following his alleged involvement in the VBS Mutual...
Another top VBS beneficiary clears the air
Another top VBS beneficiary clears the air
The Free State Development Corporation (FDC), the alleged third biggest beneficiary of monies looted from the so-called VBS heist, has come out to...
Malema: Floyd brought us his financial statements
Malema: Floyd brought us his financial statements
Economic Freedom Fighters (EFF) leader Julius Malema has cleared party deputy president Floyd Shivambu of wrongdoing related to the VBS Mutual Bank...
KPMG vows to work with Reserve Bank in wake of damning VBS report
KPMG vows to work with Reserve Bank in wake of damning VBS report
KPMG has vowed to work on rebuilding trust in its reputation following the release of the South African Reserve Bank's (SARB) report into VBS...
New report backs criminal charges against VBS ‘captors’
New report backs criminal charges against VBS ‘captors’
Embattled VBS Mutual Bank fraudulently paid close to R2-billion to over 50 people between 2015 and 2018.
Editorial: Let’s go down memory lane
Editorial: Let’s go down memory lane
The decision by South African banks to shut down accounts linked to the Gupta-owned Oakbay marked the beginning of the great unravelling of the...
Investment barriers are problem No 1
Investment barriers are problem No 1
Foreign direct investment (FDI), which generally refers to an investment by a firm or an individual in a business in another country, is vital for...
ANC divided over Reserve Bank
ANC divided over Reserve Bank
ANC president Cyril Ramaphosa has raised concerns in the party’s national executive committee (NEC) that steps to nationalise the central bank...
Patrice Motsepe's ARC buys all of TymeDigital bank
Patrice Motsepe's ARC buys all of TymeDigital bank
Mining magnate Patrice Motsepe's investment holding company African Rainbow Capital announced on Wednesday that it had bought 90% of the TymeDigital bank, bringing its shareholding up to 100%....
ConCourt grants Mkhwebane direct access to appeal personal costs order
ConCourt grants Mkhwebane direct access to appeal personal costs order
The Constitutional Court has granted public protector Busisiwe Mkhwebane direct access to challenge the constitutionality of the personal costs...

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