The Banking & Finance community of South Africa

Uniform pay for public service workers

Thu, 23 May 2013 10:37:00 +0200

The Public Administration Management Bill - which will set uniform standards for all three spheres of government - will allow Public Service and Administration Minister Lindiwe Sisulu to address "unjustifiable disparities" in the level of pay given to municipal employees relative to those in national and provincial government.
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More than 9 000 insurance claims disputed

Thu, 23 May 2013 10:14:00 +0200

The Office of the Ombudsman for Short-Term Insurance received 9‚123 complaints against insurers in 2012‚ an increase of 1.7% over 2011‚ according to the watchdog's latest annual report.
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I reckon Michael Jordaan's scared of flying

Thu, 23 May 2013 09:55:00 +0200

Maybe, at 46, he's just read Erica Jong's "Fear of Flying" and decided that what she says is true: So he's changing his life quitting First National Bank (FNB) and exploring new, more exciting and more rewarding challenges.
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Cars sales - dealers' confidence falls

Thu, 23 May 2013 09:01:00 +0200

Vehicle dealers' confidence dipped in the second quarter‚ WesBank's quarterly vehicle sales confidence indicator showed on Wednesday (22 May).
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Mr Price pays dividend of 398c a share

Thu, 23 May 2013 08:02:00 +0200

Retailer Mr Price on Wednesday (22 May) reported a 26% rise in diluted headline earnings per share to 584.8c - up from 464.5c in the previous year - for the 52 weeks ending in March.
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Michael Jordaan steps down as CEO of FNB

Wed, 22 May 2013 11:06:00 +0200

NEWSWATCH: CEO of First National Bank, Michael Jordaan, tweeted earlier today announcing his resignation: "After 10 years at the helm of FNB, I will step down at the end of 2013. Thanks for all your support." Jacques Celliers, currently the FNB Business Banking CEO, is expected to take the reins as of next year.
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Tills could replace ATMs

Wed, 22 May 2013 10:26:00 +0200

The challenge in South Africa is how to convert mobile money to cash and vice versa, as the mobile money transfer solutions expand the mobile banking market.
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Catholic church supports e-toll protest

Wed, 22 May 2013 08:14:00 +0200

The Opposition to Urban Tolling Alliance (Outa) has applauded the Catholic church's stance against the e-tolling of Gauteng highways.
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Cape Town wins Winelands court battle

Wed, 22 May 2013 08:05:00 +0200

A South African court on Tuesday (21 May) froze plans to charge motorists using two roads from Cape Town to the country's scenic winelands
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MTN offers brand value for shareholders

Wed, 22 May 2013 07:43:00 +0200

MTN was ranked 79th in the annual Millward-Brown Brandz Top 100 Most Valuable Global Brands survey released on Tuesday (21 May)‚ with its brand valued at US$11.4bn
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