KZN hosts economic symposium

[Kemantha Govender] With economic growth in KwaZulu-Natal looking optimistic this year, the provincial government has reached out to private sector experts for their input to enhance this objective. 16 Apr 2012 07:32

Cellphone is 'banking tool of the future'

[Ure Kamhunga] The cellphone is the future of banking in SA's retail banking sector, according to the head of FNB's cellphone banking unit. 4 Apr 2012 15:08

RMB Private Bank offers new app to clients

Shortly after being awarded the Euromoney award for Best Private Bank in South Africa, RMB Private Bank announced the launch of their transactional banking application exclusive to their clients. The app launches on Apple (iOS), BlackBerry and Android platforms, with Nokia (Symbian) to follow. 4 Apr 2012 12:36

SARS to tighten tax collection laws

The South African Revenue Service has vowed to enhance its tax collection laws in a renewed bid to target wealthy individuals who are said to be costing the country millions of rands every year through tax evasion. 2 Apr 2012 13:20

SARS announces increased tax collection

Government has once again exceeded its revenue collection target for the financial year that ended on March 31, indicating an improved performance by the South African Revenue Service (SARS). 2 Apr 2012 13:07

BRICs leaders commit to forming development bank

Recognising the pressing need for enhancing the flow of development finance, leaders of the five-nation BRICs bloc have directed their finance ministers to work towards forming a Development Bank that would cater for the needs of developing countries. 30 Mar 2012 10:22

Four ways to keep up with payroll and tax law

[Amy Johnson] For any business with multiple employees, payroll management is an aspect that requires scrupulous attention to detail. No other business function has as adverse an impact on employee job satisfaction and overall business expense as the incorrect handling of payroll. This is why many businesses choose to make use of sophisticated payroll software solutions or to outsource their payroll management entirely. 28 Mar 2012 08:14

Government, consumers spend more money

Spending levels among consumers and the government grew at the fastest pace in more than a year and Business Day reports that the South African Reserve Bank is now reasonably upbeat about the state of the economy. 26 Mar 2012 13:10

FNB bites back at Standard Bank

[Khulekani Magubane] First National Bank on Thursday (23 March 2012) lodged a formal complaint with the Advertising Standards Authority (ASA) against Standard Bank's claim that the rival bank was saving customers up to 50% in bank fees. 23 Mar 2012 10:17

MPs call meeting on banks' unsecured loans

The National Credit Regulator's (NCR's) concern over the increase of unsecured credit has prompted Parliament's trade and industry committee to hold a special hearing with the regulator and the Banking Association of SA in early May to discuss the issue. 22 Mar 2012 11:49

South Africa to lead in Islamic finance

[Wilma den Hartigh] South Africa has the potential to position itself as a leading Islamic finance hub on the continent, creating more opportunities for foreign investment, trade and new business partnerships. 19 Mar 2012 08:11

Nominations open for non-exec SARB director

The term of office of one shareholder elected non-executive director of the Board of Directors of the SA Reserve Bank (SARB) will expire at the AGM to be held in July 2012. 15 Mar 2012 12:54

Slight increase in card fraud attributed to 'card not present'

FNB card fraud has slightly increased over the last 12 months which is in line with the current industry trend. This increase is directly attributed to "Card Not Present fraud", while the reports of lost and stolen card fraud have substantially decreased. 15 Mar 2012 10:25

Manufacturing business confidence up to 47

Manufacturing business confidence gained 12 index points to 47 in the Bureau for Economic Research's (BER) latest manufacturing survey, released on Friday. 12 Mar 2012 12:06