Credit providers will from June this year have to change risk models as the credit amnesty by government will mean that credit histories have been wiped out, say lawyers.
By Amanda Visser 4 Mar 2014 08:49
Blade Nzimande and Cyril Ramaphosa are going head to head on university fees.
By Prega Govender 3 Mar 2014 08:18
London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth.
By Gillian Jones 3 Mar 2014 07:10
Plans to use private and public sector funds to create black industrialists gained momentum with the launch last week of an initiative to support small enterprises in the manufacturing sector.
26 Feb 2014 09:52
The Pan South African Language Board owes South African Revenue Service, (SARS) R3.3m, mainly in PAYE tax deducted from employees. It also owes its suppliers more than R13m.
24 Feb 2014 10:15
PPC's chief executive Ketso Gordhan took a R1m pay cut and his top 60 managers' remuneration was frozen in order to hike the wages of the cement manufacturer's 1‚200 lowest earners.
By Nick Hedley 24 Feb 2014 09:41
Cas Coovadia‚ the managing director of the Banking Association of South Africa‚ has been appointed the caretaker chief executive of Business Unity South Africa (Busa) while the organisation looks for a new incumbent.
By Max Gebhardt 24 Feb 2014 08:54
The MBD Consumer Financial Vulnerability Index has been released indicating that not only were South African consumers financially more vulnerable in 2013 than in 2012 but they perceived their cash flow situation to be in the worst state since the economic recession in 2009.
21 Feb 2014 11:56
Sanlam said its associate company FBN Life Assurance had acquired 71.2% of Nigeria-listed short-term insurer Oasis Insurance for an undisclosed sum.
19 Feb 2014 13:25
Parliament's trade and industry portfolio committee has requested permission from the National Assembly to introduce changes to the National Credit Amendment Bill that were not in the original bill tabled by the Department of Trade and Industry.
By Linda Ensor 19 Feb 2014 11:47
Local firms are increasingly turning to fleet management specialists to take care of the myriad challenges they face in keeping their vehicles on the road. By outsourcing their fleet management function, companies can free up their management teams to focus on their core business.
17 Feb 2014 11:27
Alarm bells in the unsecured lending sector rang out once again on Wednesday (12 February)‚ this time triggered by a 10% drop in furniture retailer JD Group's share price‚ which slumped to a low last seen in October 2008.
13 Feb 2014 09:26
Nedbank's private-equity arm has bought 30% of carbonated soft drinks producer Little Green Beverages for an undisclosed amount and is looking to invest up to R300m in various companies this year.
By Phakamisa Ndzamela 12 Feb 2014 10:35
The reduced tax revenue target of R895bn for the fiscal year ending March will not be achieved given the expected drop in tax revenue‚ commentators say.
By Amanda Visser 11 Feb 2014 10:00
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