Response to the Medium-Term Budget Policy Statement: 2018
Response to the Medium-Term Budget Policy Statement: 2018

Similar to the 2018 Medium-Term Budget Policy Statement (MTBPS) this budget was very closely watched with many hoping for clarity on the future direction...

By Nico Esterhuizen (FCCA), Issued by ACCA 3 hours ago

Tourvest acquires Travelex's South African assets
Tourvest acquires Travelex's South African assets

The financial services division of integrated tourism group Tourvest has acquired the South African assets of global forex provider, Travelex...

15 Feb 2019

Mike Brown, Nedbank CEO and Vuyani Jarana, CEO: SAA
Nedbank, SAA expand Voyager Mile programme to cheque cards

Nedbank customers can now earn South African Airways (SAA) with every swipe of their cheque card...

14 Feb 2019

#MiningIndaba2019: It looks like a seminal year for investor confidence
#MiningIndaba2019: It looks like a seminal year for investor confidence

With crucial national elections due in May, a debt crisis at state electricity utility Eskom and the Mining Charter still pending, international investors are keeping a close eye on what unfolds...

11 Feb 2019

SingularityU South Africa aims to future-proof Africa through the finance sector
SingularityU South Africa aims to future-proof Africa through the finance sector

"Africa needs to come to grips with owning her future. If there is no plan for the future, then it is quite likely that there is no hope for the future." - Dr. Geci Karuri-Sebina...

Issued by Mann Made 7 Feb 2019

Transactional sector is about to be transformed
Transactional sector is about to be transformed

This year will be a big one for the next-generation transactional sector, with disruption increasingly coming to market and long-standing challenges being overcome...

7 Feb 2019

Maria Ramos, pictured here at the 2009 World Economic Forum early in her tenure at ABSA. Copyright World Economic Forum www.weforum.org / Eric Miller emiller@iafrica.com [CC BY-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0)], via Wikimedia Commons, CC BY-NC-ND
CEO's exit underscores how few South African women hold top jobs

The CEO of one of South Africa's top four banks - Absa - announced this week that she is retiring after 10 years in this role...

By Nadia Mans-Kemp 31 Jan 2019

Absa's outgoing CEO, Maria Ramos
Absa's Ramos to retire

After a decade at the helm, Maria Ramos, Absa group chief executive will retire at the end of February 2019 when she turns 60, the bank announced...

30 Jan 2019

South Africa’s Finance Minister Tito Mboweni (centre) arrives to deliver the mid-term budget statement to Parliament. EPA-EFE/Nic Bothma
South Africa needs a radical rethink about how it runs its economy

Since South Africa adopted an inflation targeting policy regime, there have been growing concerns that its Reserve Bank is being rigid with its sole focus on price stability -- inflation control...

By Matthew Kofi Ocran 29 Jan 2019

Did you hear the Accounting & Finance Show's free registration is open?
Did you hear the Accounting & Finance Show's free registration is open?

Be inspired by the latest technological solutions in accountancy and finance. Hear how theatre themes are changing the finance function forever...

Issued by Terrapinn 28 Jan 2019

Gerhard Greyling
Open banking and its impact on the financial sector

Digitalisation means that people are banking from their mobile phones, making payments via barcode scanning and even in some cases transacting using cryptocurrency...

By Gerhard Greyling 28 Jan 2019

Lesetja Kganyago, governor of South Africa’s central bank. EPA-EFE/Pete Marovich
Explainer: South Africa's central bank - ownership, mandate and independence

In recent months, various debates about the South African Reserve Bank have focused broadly on three aspects - its shareholding, its mandate and its independence...

28 Jan 2019

FNB enables QR code payments on its banking app
FNB enables QR code payments on its banking app

FNB has introduced QR code payments for consumers and sole proprietor businesses via the FNB Banking App...

23 Jan 2019

(c) andreahast -
Brand Finance releases report for the world's most valuable brands in 2019

Italian supercar manufacturer, Ferrari, has reclaimed the title of the world's strongest brand, having last held it in 2014, according to the latest report by Brand Finance...

22 Jan 2019

Reserve Bank Governor Lesetja Kganyago
Repo rate unchanged at 6.75%

The repurchase rate remains unchanged at 6.75% per year, says Reserve Bank Governor, Lesetja Kganyago...

18 Jan 2019

Is South Africa ready for a state-owned bank?
Is South Africa ready for a state-owned bank?

The proposed amendments to the South African Banks Act will pave the way for a state-owned bank to be established on equal footing with privately owned banks...

By Chantel van Zyl and Rui Lopes 17 Jan 2019

Mbhele in conversation with Bizcommunity at Design Indaba 2018.
Sydney Mbhele steps up as CEO for Sanlam brand division

NEWSWATCH: Sydney Mbhele, formerly the marketing and communications officer for the Liberty Group, will be chief executive of brand for financial services group Sanlam with effect from 1 April...

17 Jan 2019

Mobile payments boost Nigerian economy
Mobile payments boost Nigerian economy

Mobile penetration has significantly increased across Africa, with Nigeria remaining the largest mobile market of about 162-million subscribers and a penetration rate of 84%...

17 Jan 2019

Dominique Collett, head of AlphaCode
#BizTrends2019: It's all about fintech

Innovations in the fintech space is showing no signs of slowing down. Here's what we can expect in 2019...

By Dominique Collett 14 Jan 2019

Fireworks illuminate the sky around a huge euro sculpture. Reuters/Kai Pfaffenbach
The euro at 20: An enduring success but a fundamental failure

New Year's Day 1999 saw the largest monetary changeover in history. On that date, just 20 years ago, 12 members of the European Union formally adopted a brand-spanking-new currency, the euro...

By Barry Eichengreen 11 Jan 2019

Evolving from banking to bAInking
Evolving from banking to bAInking

Banks are turning to the likes of automation, robotics and artificial intelligence (AI) to respond to customers' demand for an always-on, immediately responsive customer experience...

By Vishal Barapatre 9 Jan 2019

Mastercard drops name from logo to become symbol brand
Mastercard drops name from logo to become symbol brand

Mastercard has announced that it will be dropping its name from its iconic logo in select contexts...

9 Jan 2019

Felix Antonysamy, business development head, banking – Africa, Wipro Limited.
Boosting blockchain adoption in SA

The blockchain dream is one of secure, seamless , transparent, trusted and convenient transactions...

By Felix Antonysamy 8 Jan 2019

#BizTrends2019: Social credit scores three ways: The good, the bad and the ugly
#BizTrends2019: Social credit scores three ways: The good, the bad and the ugly

Social credit scores are set to be one of the trending terms for 2019. However, not all credit scores are created equal (or with equally good intentions)...

By Bronwyn Williams 7 Jan 2019

Ernest North, co-founder at Naked
#BizTrends2019: Purpose first, profit later

South African business headlines were dominated by corporate disgrace in 2018...

By Ernest North 7 Jan 2019

Nasreen Saunders, CEO & founder of Umphakathi weAfrika
#BizTrends2019: Bitcoin - changing money since '09

On 9th January, Bitcoin - that mystically cryptic medium of exchange of invisible money (cryptocurrency) directly to another person (peer-to-peer) - turns 10...

By Nasreen Saunders 7 Jan 2019

#BizTrends2019: Banking and finance law - big changes on the cards
#BizTrends2019: Banking and finance law - big changes on the cards

The Financial Sector Laws Amendment Bill of 2018 will most likely be promulgated during the course of next year, alongside sweeping amendments to the Banks Act, 1990. Together, these will provide some of the biggest amendments to South Africa's banking and financial industry sectors in recent years...

By Bridgett Majola and Rui Lopes 7 Jan 2019

Francois Groepe
Sarb deputy governor quits

The South African Reserve Bank (Sarb) has confirmed the resignation of Deputy Governor Francois Groepe...

3 Jan 2019

#NewBiz: Nedbank appoints new marketing and communications agencies
#NewBiz: Nedbank appoints new marketing and communications agencies

After an extensive search, Nedbank has appointed the successful agencies selected to work on its through-the-line, sponsorship and digital marketing communication strategies, effective 2019...

27 Dec 2018

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