Reserve bank keeps repo rate unchanged

The Reserve Bank's Monetary Policy Committee [MPC] has kept the repo rate unchanged at 5% as expected by the market. 23 May 2013 17:11

Cars sales - dealers' confidence falls

[Alexander Parker] Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May). 23 May 2013 09:01

Synergies required to sell Guardrisk

[Edward West] Alexander Forbes Equity Holdings subsidiary Guardrisk Holdings was "a gem of a business" and offers for the insurer would only be considered if there were synergies and they would leave Guardrisk in a better position‚ Alexander Forbes' chief executive Edward Kieswetter said on Tuesday (21 May). 22 May 2013 10:40

FSB smacks Old Mutual's wrists

The Registrar of Long-term Insurance has initiated regulatory action against Old Mutual Life Assurance Company of South Africa for non-compliance with its Directive 159.A.i (LT & ST). 22 May 2013 10:26

Bad debts may hurt credit retailers

Credit retailers' share prices came under varying degrees of pressure in the wake of African Bank's warning over soaring bad debts. This has brought into focus the potential of credit retailers being vulnerable to higher levels of bad debt among borrowers. 20 May 2013 07:17

Carry multiple currencies on Absa Cash Passport

Absa has launched a multi-currency Cash Passport that enables South Africans to carry multiple foreign currencies safely on just one card. Representing the future of travel prepaid cards; it allows cardholders to load multiple currencies on the same card with the global reach of MasterCard, accessing 35.9 million locations worldwide. 16 May 2013 10:08

Online services increase house sales

Property purchasing in South Africa is being driven by a younger generation that relies on the Internet for information, bond originator ooba said on Monday (13 May). 14 May 2013 11:40

Striata SA

Striata UK announces PCI Compliance

[Issued by Striata SA] Striata has announced its certification of the Payment Card Industry Data Security Standard (PCI-DSS), for its Grade 1 infrastructure in the UK. 10 May 2013 11:06

Stats SA holds out its begging bowl

Statistics SA (Stats SA) needs about R100m to ensure that SA's statistics keep abreast with international best practice, but it is in danger of slipping behind, because there are not enough funds for it to implement its updating programmes. 9 May 2013 10:30

SARS gets new powers to enforce payment

[TJ Strydom] The SA Revenue Service (SARS) has been given new powers to gather intelligence on taxpayers and collect revenue, it was reported on Tuesday (7 May). 7 May 2013 12:58

Grant Thornton merges with PKF

[Evan Pickworth] Second-tier accounting firm Grant Thornton moved a step closer to its aim of being one of the major accounting firms on Monday (6 May) when it merged its Johannesburg office with the multidisciplinary professional services firm PKF. 7 May 2013 11:23

The importance of strong passwords

[Jeremy Matthews] Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts. 3 May 2013 05:04

Finance degree is no guarantee of a job

A degree in commerce once held the key to a successful career in business. But two years after graduating with a BCom in financial risk management from Unisa, Nkola Kabamba can still not find a job. 29 Apr 2013 11:38