Showing posts with tag "banking"

South Africa’s best-performing bank right now is going big on renewable energy

Nedbank Group wants to almost double its lending to green energy projects in South Africa over the next two years as it seeks to cement its position as a market leader in funding renewable power pr...

August 9, 2022
tags
banking

FNB warns of revived scam targeting businesses

Financial services group FNB says that as small and medium enterprises (SMEs) increasingly migrate to digital channels, fraudsters have taken advantage of the opportunity to revive the old Advanced...

August 15, 2022
tags
banking

4 big changes the Reserve Bank is making in South Africa

South Africa’s central bank has revealed new changes to how it intends to conduct business in the future.

August 10, 2022
tags
banking

The biggest risk to South Africa right now, according to Absa

The latest Quarterly Perspective for Q3/22 reports that against the backdrop of surging inflation, rising unemployment and an increasingly desperate factional battle in the ANC – instability could ...

August 12, 2022
tags
banking

Banks are going after prescribed debt in South Africa – what you need to know

The Ombudsman for Banking Services (OBS) says it is receiving complaints from bank customers relating to creditors coming after prescribed debts – and it is now urging consumers to get informed abo...

August 16, 2022
tags
banking

The average take-home pay in South Africa right now

Rocketing inflation rates are taking a toll on the average salaried worker, data contained in the latest monthly BankservAfrica Take-home Pay Index (BTPI) shows.

August 12, 2022
tags
banking

SARB sends warning to South Africa’s biggest banks

The South African Reserve Bank’s (SARB) Prudential Authority has warned the country’s biggest banks that they are at high risk of being used for money laundering and terrorism funding.

August 11, 2022
tags
banking

Money laundering a high risk threat for South African banks

South Africa’s banking regulator said there is a high risk of money laundering and terrorist financing activity in the industry, citing the extensive use of cash and exposure to overseas lenders.

August 12, 2022
tags
banking

Online FinTech Conference 2022 – Monocle’s Guy Wilding on the power of open finance

Monocle Head of Research Guy Wilding discusses what open finance is, why it is such an important concept, and the reasons it is viable.

August 12, 2022
tags
finance

Online FinTech Conference 2022 – Mastercard’s Muhammad Nana on the launch of Fintech Express

Mastercard’s Muhammad Nana unpacks the launch of Fintech Express in the Middle East and Africa region and explains what this program is all about.

August 11, 2022
tags
technology

SARS fully automated assessments causing havoc for some

The South African Revenue Service’s new fully automated assessments are causing havoc for some taxpayers, says professional tax practitioner William Louw, from Sable International, who examines the...

August 16, 2022
tags
banking

TymeBank announces senior executive appointments

TymeBank has announced the appointment of three new executive committee members, all of whom will report directly to chief executive officer Coen Jonker, who took over the reins at the start of July.

August 16, 2022
tags
banking