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Reserve Bank retains repo rate at 5.75%

The decision by the Monetary Policy Committee of the Reserve Bank to retain the repo rate at 5.75% (base home loan rate of 9.25%) is a positive start to the year for the property market, says Seeff Chairman, Samuel Seeff...

30 Jan 2015 12:45

Email scam nets $214m in 14 months: FBI

WASHINGTON, US: An email scam, which targets businesses with bogus invoices, has netted more than $214m from victims in 45 countries in just over one year...

23 Jan 2015 10:33

Banks can lend on tribal land if there is will to do it

How are banks expected to fund farming activities on land that has no title deeds and is under traditional authority?

By Phakamisa Ndzamela 14 Jan 2015 06:30

Investec eyes bid for banker to the Queen

Investec has joined a cluster of international banks eyeing bids for the international arm of Coutts, the wealth manager whose customers include the British queen, Sky News reported yesterday. A successful bid would form part of Investec's ambitions to build a solid private bank in the UK in the next three to five years...

6 Jan 2015 13:15

Standard Bank gets #appy and awarded by turning to customer-centric marketing

You might have noticed 'Standard Bank' storylines woven into Isidingo, Muvhango and Isibaya this year. This wasn't just a happy coincidence but rather a well-thought out strategy...

By Leigh Andrews 22 Dec 2014 08:58

Nedbank's golf development fundraiser raises over R20 million

The Sports Trust Golf Challenge - the Nedbank Golf Challenge's (NGC) golf development fundraiser - has raised over R20 million towards the transformation and development of sport in South Africa since 1999...

22 Dec 2014 06:45

Nedbank appointed as R100 million sole funder for City of uMhlathuze

Nedbank has been appointed as the sole funder of R100 million to the City of uMhlathuze. the capital expenditure will be used to help develop this port city into a thriving industrial, commercial and administrative centre...

Issued by Epic Communications 18 Dec 2014 16:22

What do you really need?

A personal financial coaching strategy to tackle spiritual bankruptcy...

By Chemory Gunko 18 Dec 2014 09:12

More turn to formal banking services

Research: When choosing to open bank accounts, 41% of Media24 local titles readers say their newspaper influenced them...

12 Dec 2014 08:57

'Bad lending book' to remain with Abil

African Bank Investments Limited (ABL‚ Abil) said on Wednesday, 10 December 2014, that its curator has decided that the "bad lending book" will remain with Abil after the purchase of core lending assets by the "good bank"...

11 Dec 2014 09:23

SA's rich diversify, opting for new ways to manage their wealth

Nedbank Private Wealth, which enjoys just under a fifth of the private-wealth market share in South Africa, says there is a dramatic shift underway in the demographics of high-net-worth individuals (HNWIs) in the country...

Issued by Epic Communications 10 Dec 2014 12:24

Acsion downgrades IPO with no private placing

Property developer Acsion is to go ahead with its listing on the JSE today, but it will only be an introduction of the company's shares and not a private placing...

8 Dec 2014 12:15

Bank fraud loss runs to R570m

The banking industry has lost more than R570m in nine months due to various syndicates travelling around the country stealing from bank accounts...

By Allan Williams 4 Dec 2014 11:45

Integrated wholesale business by Nedbank is on the cards

Nedbank Group recently announced that Nedbank Capital and Corporate will be integrated into a single client-facing, wholesale business cluster...

27 Nov 2014 14:48

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