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| Brand Finance reflects on the recent FNB rebrand... read |
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| Standard Bank and Woolworths debut SA's first ESG-linked framework for transactional deposits...read |
| | KATJA HAMILTON Standard Bank pledges between R250bn and R300bn for the fruition of sustainable finance projects by the end of 2026...read |
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| Merchants that use Peach Payments to accept digital payments can now leverage Instant EFT by Peach Payments to improve conversion, reach more customers and save on card fees... Read |
Finance |
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Banking |
| MARC JONES AND RACHEL SAVAGE Sub-Saharan African banks are increasingly worried about funding costs as soaring interest rates both on the continent and globally make financing more expensive... Read |
Economy |
| KATJA HAMILTON If the government listens and engages more with SMEs, sector by sector, region by region, we can revitalise not only the manufacturing sector but create an estimated 73,000 jobs... Read |
| ALEXANDER WINNING Annabel Bishop at Investec said in a research note that the Sarb would probably raise its main lending rate by a further 100 basis points in November, Read |
Financial Services |
| Founded in 2000, TPN serves more than 20,000 property and education clients... Read |
Fintech |
| African Bank is entering the mobile space... Read |
| RACHEL SAVAGE Cryptocurrency financial companies in South Africa will need to apply for a licence between 1 June and 20 November 2023, in order to operate legally, the country's financial conduct regulator said on Thursday... Read |
| MoneyHash expands into Africa as MEA's first Super-API for payment operations... Read |
Markets & Investment |
| The National Consumer Commission (NCC) has declared Obelisk a multiplication scheme after about 4,000 participants, from eight WhatsApp groups, lost R112m in an alleged scheme selling bitcoin mining machines... Read |
| Liz Truss's resignation will fuel financial markets' fears as political chaos in the UK heightens... Read |
Taxation & Regulation |
| Leanne Jackson has been appointed the new chief ombud of the Ombud Council effective 1 November 2022... Read |
| ASHLIN PERUMALL Crypto assets are now regulated as financial products in South Africa. On 19 October 2022, the FSCA issued a declaration that crypto assets are now included under the definition of 'financial products' in terms of the FAIS... Read |
| JOON CHONG Sars will now consider applications from South African-resident trusts for approval to distribute funds to non-resident trusts... Read |
Africa |
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| ELIAS BIRYABAREMA Media groups advocate for the banning of a new digital communications law which they say breaks the constitution and cripples free speech... Read |
| JOSHUA RAPHAEL Technology, and the innovative solving of complex problems, will catapult the continent into global competitiveness... Read |
| FRANCIS KOKOROKO AND COOPER INVEEN Streets were quiet in the normally bustling heart of Accra's central business district on Wednesday as traders in the Ghanaian capital closed their shops to protest worsening economic conditions... Read |
Business |
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| ANJA DU PLESSIS Gauteng serves as a perfect example of how an area can experience water shortages and intermittent supply even though dams are full... Read |
| LANCE BRANQUINHO The implementation of Stage 6 load shedding scares all of us, but it may also put automotive parts suppliers - the lifeblood of South Africa's advanced car industry - out of business. Read |
| The submission of Cabinet's response to the recommendations of the Judicial Commission of Inquiry into Allegations of State Capture, Corruption and Fraud in the Public Sector is a firm and clear indication of the primacy of the rule of law and a demonstration of the democratic system at work... Read |
| Background checks reduce a company's risk for reputational damage and criminal activities such as fraud and theft... Read |
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