The Bank Ombudsman is now your one-stop shop for all banking-related complaints
The Bank Ombudsman is now your one-stop shop for all banking-related complaints

In the past all credit bureau-related complaints, even those involving a bank, have been directed to the Credit Ombudsman, whereas all other bank-related complaints were dealt with by the Ombudsman for Banking Services.

Issued by Ombudsman for Banking Services 18 hours ago

Image source: Getty/Gallo
What SA's super-wealthy are doing with their money

Many high net worth South Africans are looking to move 50% or more of their investable assets offshore, given the country's protracted political and economic uncertainty.

19 hours ago

The insurance imperative
The insurance imperative

Research by the National Small Business Chamber shows that 68% of South African SMMEs are not insured. For SMMEs to succeed this has to change.

Issued by AIG South Africa 19 hours ago

Blockchain deployments across financial services ecosystems to be seen in the future
Blockchain deployments across financial services ecosystems to be seen in the future

According to Gartner, lack of interoperability standards will prevent pervasive blockchain deployment across financial services ecosystems for at least three years

2 days ago

Michael Jordaan. Photo: Stellenbosch University
A conversation with Michael Jordaan

You just have to track Michael Jordaan's various projects to see he has never shied from the exploiting the potential of technology, particularly in the financial space.

By Nicci Botha 2 days ago

ECDC explores trade opportunities in Nigeria and China
ECDC explores trade opportunities in Nigeria and China

The Eastern Cape Development Corporation (ECDC) recently concluded a two-week long trade promotion tour of Nigeria and China aimed at improving trade between the Eastern Cape and these two fast-growing economies.

13 Sep 2019

Does your SME owe SARS money?
Does your SME owe SARS money?

Many entrepreneurs and business owners live in fear of the South African Revenue Services (SARS). In most cases, this fear is compounded by a lack of knowledge and failure to understand what is required. Yet most of the anxiety - and the stress of paying outstanding taxes - can be quite easily avoided.

By Jessica Hubbard 13 Sep 2019

Jaco van Jaarsveldt, decision analytics head consulting and marketing services at Experian
Credit default rate rises in Q2 2019

The rise in first time loan defaulters across credit card, vehicle loans, personal loans and/or home loans continued in the second quarter of 2019 with total new default balances of R15.55bn, according to the Experian Consumer Default Index (CDI)

13 Sep 2019

Partnership to develop solution to complex Carbon Tax calculations
Partnership to develop solution to complex Carbon Tax calculations

Cova Advisory and Xnovos have announced a new partnership to produce a software system to help companies to cope with the demanding requirements of the new Carbon Tax.

12 Sep 2019

Image source: Getty/Gallo
Great expectations: Are SA investors being unrealistic?

Expectation is said to be the root of all disappointment. This seems to be the case for South African investors lately, who are looking for future earnings that are significantly higher than the majority of their global counterparts.

12 Sep 2019

Craig Baker, CEO of MiWay
Is the life insurance industry really the scam we're all afraid it is?

Most of South Africa was up in arms when Denise Ganas was denied payout and asked to repay a R50,000 cash benefit in 2017, after her husband being shot in a hijacking attempt. Perhaps with the exception of a few hardened industry experts that had seen this type of thing before.

11 Sep 2019

Are you a fintech entrepreneur? Apply for AlphaCode Explore
Are you a fintech entrepreneur? Apply for AlphaCode Explore

Registration for the AlphaCode Explore programme is now open. A joint initiative of The Explore Data Science Academy (EDSA) and Rand Merchant Investment Holdings (RMI) fintech division, AlphaCode.

11 Sep 2019

Oil and gas is the lifeblood of Nigeria’s economy. Wikimedia Commons
Explainer: how Nigeria got hit with a $9.6bn judgement debt in London

Nigeria has received a legal hiding after a UK court awarded a private company a $9.6bn judgment debt against the West African nation. The ruling has generated significant attention in both domestic and international media. This is understandable given that the sum amounts to 20% of the country's foreign reserves. This means it poses a significant threat to its economy.

By Oludara Akanmidu 11 Sep 2019