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Saturday, March 23, 2019





Tag: Banks

South Africa’s banks are preparing for the worst

South African banks are preparing for the worst when it comes to the threat of another downgrade of the country’s debt. “FirstRand anticipated the downgrades since 2015 and has been...

Local banks demand R5 billion leaving SAA in distress

The embattled national carrier, South African Airways (SAA) has until the end of October 2017 to honour another R5bn debt obligation, this time to local lenders. In a report to...

Hellopeter reveals how much South Africans like their banks

Banks take on average 31 hours and 56 minutes to respond to customer complaints. This is according to a report released on Tuesday by the online business review website Hellopeter....

Old Mutual to list not sell businesses in split

Anglo-South African financial services group Old Mutual (OML.L) aims to list two divisions rather than sell them as it pursues a plan to split into four parts by the end of...

This is why South African banks have won a global award for strength

Lafferty says in back-testing its research model through the financial crisis, it found that there was no relationship between sovereign credit ratings and bank quality. South African banks held onto their status...


African Utility Week – Register Online Now!

African Utility Week takes place in Cape Town at the CTICC (Cape Town International Convention Centre) on 14 - 16 May 2019. Don't forget to...


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