|  The average cash withdrawal values across South Africa for December 2011 was R417, a 2.63% year-on-year increase on January 2011's average withdrawal, as measured by the Spark Cash Index (SCI). Month-on-month values revealed a drop of 8.81% from the record rate in December 2011 of R458. 8 Feb 2012 13:42[Craig Wilson and Duncan McLeod] Online personal financial management start-up 22seven on Wednesday accused Absa of blocking its US technology partner Yodlee from accessing users' Internet bank accounts. Absa confirms it has blocked the service and on Wednesday defended its decision in an interview with TechCentral. 2 Feb 2012 15:36  South Africa's upcoming Budget Speech needs to boost business confidence while at the same time, 2012 needs to be a year of implementation, says Business Unity South Africa (BUSA). 2 Feb 2012 08:38 According to a Mail & Guardian report, three top executives in Absa have announced that they will be leaving the banking group. Alfie Naidoo, the group's chief operating officer, Happy Ntshingila, chief marketing and communications manager, and Daphne Motsepe, head of unsecured lending will be leaving Absa. 30 Jan 2012 16:39 [Craig Wilson] Financial management website 22seven has been live for just a day and already it's facing its first serious challenge. 30 Jan 2012 14:41 With a few weeks to go before Finance Minister Pravin Gordhan tables the 2012 budget in Parliament, the public has been called upon to send in their tips to the minister. 27 Jan 2012 11:24 First National Bank and Pep stores countrywide now offer FNB eWallet, which allows any South African consumer, with a bar-coded South African ID, to deposit, withdraw or send money, make payments and purchase goods in store. 24 Jan 2012 13:29 Much to the expectation of analysts, the Reserve Bank has decided to keep the repo rate unchanged at 5.5% at the first meeting of the Monetary Policy Committee this year. 20 Jan 2012 13:32Mimoney, a secure mobile phone payment method, enables shoppers to do online shopping without the need for a credit card, bank account or the need to enter sensitive personal information during checkout. 19 Jan 2012 12:45 Net1 UEPS Technologies' (NT1) stock surged nearly 40% on the JSE in afternoon trade on Wednesday after the payment solutions provider announced a R10bn tender award from government to distribute social grants to the value of approximately R500bn over the next five years. 19 Jan 2012 12:28According to a Fin24 report, municipalities around South Africa are preparing for the next large-scale property valuation assessment, which may drive municipal rates higher according to Ben Espach, valuations director at Rates Watch. 17 Jan 2012 16:57 It's difficult to know exactly how much taxpayers' money has been wasted in the past year because media reports all vary wildly on the subject. News24, for example, says that Auditor-General Terence Nombembe has unearthed R25bn in wasteful expenditure in national and provincial government departments for the 2010/11 financial year. 17 Jan 2012 14:21 The Chairperson of Parliament's Portfolio Committee on Communications, Sikhumbuzo Kholwane, has condemned the hi-tech cyber heist of R42m from the Postbank. 17 Jan 2012 11:36 According to a Times Live report, shipping and logistics company Grindrod has warned shareholders that its earnings per share are likely to be down by between 35% and 45% for the 12-month period ending on 31 December. 13 Jan 2012 16:17Latest jobs| Title | City | | Johannesburg North | | | Sibaya Casino | Sun International |
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