Banking The case where a South African had R30,000 taken out of his bank account after he closed it The latest annual Ombudsman for Banking Services in South Africa report (OBS) details two cases highlighting the need for... by News Room May 21, 2022
Banking Eat fruit, talk more with loved ones, Bank of America tells South Africa South Africans seeking respite from high inflation and looming price increases should consider going vegan, drinking less alcohol and... by News Room May 20, 2022
Banking There is still good news for home buyers in South Africa Carl Coetzee, the chief executive of bond originator BetterBond says that while the latest repo rate hike of 50... by News Room May 20, 2022
Banking South Africa’s biggest asset manager just had a record year Global investment manager Ninety One on Wednesday (18 May) reported a 31% increase in profit before tax for the... by News Room May 18, 2022
Banking Nedbank rolling out ‘new concept’ design to all branches in South Africa Nedbank says it is accelerating the rollout of its ‘new concept’ service design to all branches in South Africa.... by News Room May 17, 2022
Banking Goldman says a recession would cast doubt on a strong dollar While the US dollar typically strengthens when a recession is looming, all bets are off once it hits. That’s... by News Room May 17, 2022
Banking South Africa places Ubank under administration South Africa placed Ubank Ltd, a lender partly managed by mine workers, under administration. Finance Minister Enoch Godongwana appointed... by News Room May 16, 2022
Banking Why South Africa is like an old car engine right now: Absa South Africa currently faces more downside risks than upside risks, despite recent reform measures announced by the ruling ANC... by News Room May 14, 2022
Banking These income brackets in South Africa owe the most debt right now New data from debt counsellor, DebtBusters, shows that debt exposure has worsened for most income groups in South Africa... by News Room May 13, 2022
Banking One of South Africa’s biggest banks warns of South Africans’ poor financial health Two years since the onset of the Covid-19 pandemic, an array of lockdowns and disruptions in various forms resulted... by News Room May 13, 2022