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Sasfin told Al Jazeera it was taking vigorous action against suspended and former employees and clients of its foreign exchange unit. Photo: Supplied

Staff at Standard Bank, Absa and Sasfin implicated in money laundering

Al Jazeera reported that employees at the top South African banks were paid bribes to launder money for gold smugglers

The lockdown provided us with a prism through which we could look at our crazy lives and simplify them. It was a strange and special time

South Africa’s mothballed ‘supermall-ification’ sets strip malls up for success

Analysts agree that the country has enough malls and that, post-Covid, the convenience of local centres lure customers

Photographer: Waldo Swiegers/Bloomberg via Getty Images

Grocers reap tidy profits from liquor

Covid-19 bans on alcohol and the recent violence have exposed just how important booze sales are to retailers that once only filled trolleys with food

Photographer: Waldo Swiegers/Bloomberg via Getty Images

SAB takes the fizz out of AB InBev as Covid bans increase pressure

The global brewer paid billions to gain a foothold in South Africa, but the deal wasn’t all it was cracked up to be

The representations submitted by Moyane in response to the recommendations of the Nugent Commission failed entirely to deal with the substantive issues the report raised, in Ramaphosa’s view. (Leon Sadiki)

Reserve bank: Banks are free to choose their own auditors

The SARB on Thursday issued a statement following recent developments at KPMG.

Sasfin drops KPMG after 18 years over Gupta and Sars saga

Sasfin will be changing its independent sponsor from KPMG Services to Deloitte & Touche Sponsor Services from Tuesday, it said.

Platinum and resource stocks add support

The JSE was up 0,82% at midday on Tuesday as advances in the platinum and resource sectors added support. However, financial and bank stocks had started to weigh. By noon, the…