Bank
latest news & developments
Standard Bank, hit by naira devaluation – but not knocked out
Despite problems in Nigeria, the bank said it anticipates more growth from its Africa operations
Financial crime is on the rise in South Africa, report show
The banking sector and its clients incurred losses of more than R1 billion in 2022 as a result of card fraud, ATM bombings and ‘vishing’ incidents, among others
Reserve Bank hikes repo rate for fourth consecutive time amid inflation concerns
Economic and financial conditions are expected to remain more volatile for the foreseeable future, says central bank
Initiative to blacklist Switzerland gains traction in European Union
Support is growing in the European Parliament against Swiss banks’ role in money laundering
Update: Standard Bank rejects climate proposal
Climate considerations are pressing Standard Bank shareholders to push for the recusal of those with fossil fuel ties.
Khaya Sithole: What’s the state’s role in business?
State participation is valid when the market can’t deliver what’s needed, such as roads and rail networks and telecommunications. But banks and airlines are private enterprise…