The CR17 campaign did nothing wrong legally but all political parties’ funds should be regulated
Low fees are attracting investors to a range of listed exchange-traded products
The financial sector must recognise that including environmental, social and governance concerns in its allocation decisions can be good for business
The National Arts Festival offers space for reflection about our fractious global moment
The Competition Commission has 40 working days in which to redraft its case against banks
Lobbyist are happy with the results at Standard Bank’s first shareholder resolution on a climate-related issue.
Standard Bank’s decision to close branches and push its app excludes low-income households and the informal sector
The ANC’s head of economic transformation, Enoch Godongwana, told Carte Blanche viewers that some South African banks refused to put money in coal.
The African Bank, which relied on unsecured lending, has diversified its product offerings
ANC to make submissions regarding evidence from the country’s big four banks and Barbara Hogan, the former public enterprises minister
The number of new accounts has risen but tough times have forced others to borrow
South Africa’s ‘big four’ banks could have been locked out of the international payments system with ‘absolutely catastrophic’ results
Though the ANC did not attempt to browbeat Nedbank into reversing its decision, ‘veiled threats’ were made to the bank at a subsequent meeting.
In 2016, Absa, FNB, Nedbank and Standard Bank unexpectedly cut ties with Gupta-owned businesses and shut down their bank accounts
According to the testimony of retired Standard Bank official Ian Sinton, the ANC questioned Standard Bank’s decision to cut ties with the Guptas
President Ramaphosa has promised to mend ties with Nigeria during his state visit to Abuja
The report found that FNB came first not because of customers’ rising satisfaction with the bank, but because of decreasing happiness with Capitec
Liberty Holdings says it refused a ransom demand after hackers breached its IT infrastructure and accessed some emails.
Liberty Holdings CEO David Munro maintains that no clients suffered any financial loss as a result of the data breach
The banking sector has fared well despite a difficult economic climate
Loopholes and delay tactics allow bogus owners to get rent for buildings in legal limbo
Bank employee acting ‘out of mandate’ faces disciplinary procedures
To date, most of the large companies to cut ties with McKinsey have been financial institutions such as Nedbank, Standard Bank and Barclays Africa.
The Joy of Jazz’s venue was cumbersome but couldn’t constrain a genre that revels in flouting restrictions
The development finance entity says it wasn’t aware of a beneficiary’s connection to a minister
"Earlier this year, the commission brought a case against 17 major local and international financial institutions for collusion"
Finance Minister Pravin Gordhan is seeking a declatory order on the extent of his power to intervene in a bank-client relationship
Beyond the language of price-fixing and collusion, this type of behaviour by bankers amounts to taking food off the tables of South Africans.
If all 17 institutions are penalised, the country’s R140‑billion budget deficit could be wiped out in one fell swoop.
The bank asked the High Court to prevent the president from intervening in its decision to close accounts of companies linked to the Gupta family.
FirstRand is the first lender to publicly disclose reasons for severing links with Oakbay Investments, a company controlled by the Gupta brothers
The ‘big four’ are faring well in tough times yet their shares remain cheap, confounding analysts.