A Chinese bank has found itself at the centre of a new mystery after receiving a jaw-dropping 78 million yuan ($11 million) bill related to the vanishing of its star banker.
While some reckon a total system collapse is unlikely to occur, it is not impossible, according to The South African Reserve Bank’s Deputy Governor Kuben Naidoo who spoke of a contingency plan in case.
Capitec might still be pulling ahead in the rankings, but it’s showing signs of fatigue with other banks gaining ground.
Yesterday, news broke that Experian suffered a massive data breach, that placed millions of South Africans’ personal information at risk.
Six months have now passed since Discovery Bank went live to the general public, so let’s check in to see what growth has been achieved.
Capitec is putting a great deal of effort into making itself the most affordable bank in South Africa, as well as offering new perks.
The bank has issued a public statement after the potential hacking at a third-party service provider led to clients’ details being compromised.
South Africans love a good rant on social media. If you analyse those rants, you’ll see a few patterns emerging.
Following the release of Discovery Bank’s banking options, let’s take a look at how South Africa’s cheapest bank accounts compare across the board.
R140m a year SA exec loses Deutsche Bank job. Attempted hit on Hawks detective. Saudi princess on trial. Cape Town iceberg nears. Lance Armstrong slams dangerous Tour de France move. Liz Hurley living it up.
According to a newly-released annual salary survey, banking and finance professionals in South Africa are taking home some serious bucks.
Banking experts will tell you that Capitec has shaken the Big Four (FNB, Absa, Standard Bank and Nedbank) with their entry-level accounts. Let’s see if that rings true.
As the battle for market share between South Africa’s ‘Big Five’ banks heats up, a new business model is looking to change the game.
I’ve never fully understood why some people are loyal to any particular bank, especially when our options are so limited here in SA.
It’s common knowledge that South African banks charge us for just about everything, but here’s how we compare to the rest of the world.
As local banks compete to be the best, South Africans can be left in the dark when it comes to getting the most value for your rand. This might help you out.
They say competition is healthy, which is why the growth of another big bank here at home can only benefit us Saffas.
Everyone loves an underdog story and we’ve got a ripper from the Eastern Cape on our hands. This ostrich farmer isn’t about to bury his head in the sand.
I have said this many times and I still believe it to be true. Every bank can and will let you down at some stage. People who have loyalty to a particular bank are just lucky.
As much as I like banking with HSBC, I still do not understand why they cannot get me a new bankcard. It’s probably because they are busy helping rich people get richer…
Investec apologises for ‘I can’t breathe.’ Ramaphosa for president? Letterman announces retirement date. French jet crashes into home. Lions land big sponsor. Sony bans interviews. Tiger works for Trump now.
I’m sure it’s illegal to send spam text messages and ask people to opt out AFTER the fact. But Nedbank seem to have taken things to the next level.
Imagine when the day comes that you no longer have to haul out your wallet and look through 84 different bank cards before you find the right one to use on flowers and wine for your secret lover. Apple is going to make life easier, again.
Everyone will remember fondly the Sunday Times front page headline, “Fuck The Poor” from last weekend, which referenced top African Bank exec, Tami Sokutu’s thoughts on the poor. Now – FINALLY – you can hear him say it!
SA’s top 4 banks downgraded. Another black kid killed in Missouri. SA’s cabinet’s full cost is mind-blowing. Kardashian sex tape buddy in trouble. Are you ready for the Wolf of Wall Street TV show?
It’s been reported that Facebook is close to receiving authorisation to become an “electronic money institution” in Europe. You may be asking why the social media giant is getting into the banking game? Well, for more money of course.
Get ready for this trip down memory lane. Remember BOB T savings cards? And how special they made you feel? Turns out they’re still around.
The rand is currently standing at 9,6980 to the dollar – the lowest it has been in the last four years.
The British Government’s former top advisor on narcotics, Professor David Nutt has claimed that the global financial crisis of 2008 was caused by widespread overuse and abuse of cocaine in the finances industry.
US regulators have accused British bank, Standard Chartered, of behaving like a “rogue institution” and of laundering $250 billion from Iran, hiding the transactions for over a decade, a violation of US sanctions.