Financial Stability
latest news & developments
Every business depends on nature and most are helping destroy it, landmark report warns
Biodiversity loss has become a systemic risk to the global economy, as businesses continue to profit from nature while failing to pay for the damage
G20 finance track calls for IMF reform, revitalising the World Trade Organisation, inclusive global growth
The need to ensure the independence of central banks was also one of the key recommendations from South Africa’s G20 finance track
Plans to revive VBS Mutual Bank ‘progressing’
Efforts to reopen VBS as a commercial entity are ongoing, with a focus on regulatory oversight to prevent past mismanagement and corruption
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Financial literacy can make a world of difference for school leavers
In ‘an era that demands radicalism’, should the SARB stay in its lane?
In a discussion with Reserve Bank head Lesetja Kganyago, economic historian Adam Tooze challenged the esteemed central banker’s ‘conservatism’
SA’s biggest banks remain resilient amid Covid-19 shocks
The sector was badly hit by credit losses, but strong capital buffers have kept it from spiralling