Finance Trends 2019

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Repo rate unchanged at 6.75%

The repurchase rate remains unchanged at 6.75% per year, says Reserve Bank Governor, Lesetja Kganyago...

3 days ago

Is South Africa ready for a state-owned bank?

The proposed amendments to the South African Banks Act will pave the way for a state-owned bank to be established on equal footing with privately owned banks...

By Chantel van Zyl and Rui Lopes 17 Jan 2019

Sydney Mbhele steps up as CEO for Sanlam brand division

NEWSWATCH: Sydney Mbhele, formerly the marketing and communications officer for the Liberty Group, will be chief executive of brand for financial services group Sanlam with effect from 1 April...

17 Jan 2019

Mobile payments boost Nigerian economy

Mobile penetration has significantly increased across Africa, with Nigeria remaining the largest mobile market of about 162-million subscribers and a penetration rate of 84%...

17 Jan 2019

#BizTrends2019: It's all about fintech

Innovations in the fintech space is showing no signs of slowing down. Here's what we can expect in 2019...

By Dominique Collett 14 Jan 2019

The euro at 20: An enduring success but a fundamental failure

New Year's Day 1999 saw the largest monetary changeover in history. On that date, just 20 years ago, 12 members of the European Union formally adopted a brand-spanking-new currency, the euro...

By Barry Eichengreen 11 Jan 2019

Evolving from banking to bAInking

Banks are turning to the likes of automation, robotics and artificial intelligence (AI) to respond to customers' demand for an always-on, immediately responsive customer experience...

By Vishal Barapatre 9 Jan 2019

Mastercard drops name from logo to become symbol brand

Mastercard has announced that it will be dropping its name from its iconic logo in select contexts...

9 Jan 2019

Boosting blockchain adoption in SA

The blockchain dream is one of secure, seamless , transparent, trusted and convenient transactions...

By Felix Antonysamy 8 Jan 2019

#BizTrends2019: Social credit scores three ways: The good, the bad and the ugly

Social credit scores are set to be one of the trending terms for 2019. However, not all credit scores are created equal (or with equally good intentions)...

By Bronwyn Williams 7 Jan 2019

#BizTrends2019: Purpose first, profit later

South African business headlines were dominated by corporate disgrace in 2018...

By Ernest North 7 Jan 2019

#BizTrends2019: Bitcoin - changing money since '09

On 9th January, Bitcoin - that mystically cryptic medium of exchange of invisible money (cryptocurrency) directly to another person (peer-to-peer) - turns 10...

By Nasreen Saunders 7 Jan 2019

#BizTrends2019: Banking and finance law - big changes on the cards

The Financial Sector Laws Amendment Bill of 2018 will most likely be promulgated during the course of next year, alongside sweeping amendments to the Banks Act, 1990. Together, these will provide some of the biggest amendments to South Africa's banking and financial industry sectors in recent years...

By Bridgett Majola and Rui Lopes 7 Jan 2019

Sarb deputy governor quits

The South African Reserve Bank (Sarb) has confirmed the resignation of Deputy Governor Francois Groepe...

3 Jan 2019

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