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Bank Zero Mutual Bank was granted its licence, has integrated with the national payments systems of the South African Reserve Bank (Sarb), and is currently alpha testing their app-driven bank... read
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Pharmacy and beauty retail is leading the charge when it comes to loyalty programmes in South Africa. Clicks Clubcard has remained at the top as the most used loyalty programme... Read
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Banking
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JANNIE ROSSOUW
The South African Reserve Bank placed VBS, a small mutual bank, under curatorship in March this year against a backdrop of a serious liquidity crisis... Read
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Financial Services
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SIBUSISO GOBA, ISSUED BY ITHALA DEVELOPMENT FINANCE CORPORATION
The Ithala Board of Directors has appointed Pearl Sizeka Bengu as new group chief executive Ithala Development Finance Corporation (IDFC) with effect from 1 November 2018... Read
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Incorporating non-financial indicators such as environmental, social and governance (ESG) factors into investment decisions should play an increasingly important role in a financial advisor's fiduciary duty to mitigate risks... Read
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Fintech
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FELIX ANTONYSAMY
Local fintech players are carving out a sizeable chunk of the financial space with mobile money, social lending, bitcoin wallets, mobile card acquiring... Read
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Markets & Investment
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ALAN HIRSCH
To some observers, South Africa's recent investment summit led by the president Cyril Ramaphosa, seemed like much ado about nothing... Read
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Taxation & Regulation
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Preliminary results at the close of the tax season for non-provisional taxpayers showed a 2.1% increase from the previous year's submissions, despite a shorter filing season... Read
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Business |
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DANETTE BREITENBACH
"The biggest risk is not taking risks. That is the reality of today," says Kuseni Dlamini, Massmart and Aspen chairperson... Read
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Home to 12 of Eskom's coal-fired power plants with a total capacity of over 32GW, Mpumalanga tops the chart as the world's largest nitrogen dioxide (NO2) hotspot across six continents... Read
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