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Friday, February 22, 2019

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Tag: Banks

South African banks rolling out new system to fight debit order fraud

In December 2018, a number of South Africans had been hit by a ‘mysterious R99 debit order’. While the full extent of the scam is not known, some estimates indicate that as many...

6 new banks launching in South Africa soon

South Africa is expected to see at least six new banks and banking services launch in the coming months, including the likes of Discovery Bank and Bank Zero – a mutual...

Barclays Africa set to dump a number top bosses

Barclays Africa Group Ltd. may halve the number of top jobs at its South African retail and business bank as it reorganizes after its British parent cut its stake, according to...

Banks set for stellar year

South Africa's big banks are expected to rake in more profits this year on improved economic and political sentiment. Audit firm PwC said in its Major Banks Analysis on Friday...

This is how land expropriation can cripple banks

Land expropriation without compensation may possibly cause a devastating banking crisis, says Head of Business Development at independent investment banking firm Bravura, Ian Matthews. Matthews warns against the systemic repercussions...

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The e-tolling system is working

Austrian electronic toll collection company, ETC, has questioned the validity of Premier Makhura’s urban tolling claims during his State of the Province Address earlier...

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