Friday , 20 October 2017

Category: Finance & Banks

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2017 budget : How it touches you

2017 budget : How it touches you

by Tim Mertens, Chairman of Sovereign Trust South Africa has a budget deficit of 3.1 % of GDP and debt on government spending alone amounting to a staggering 48% of GDP. The main ...

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SA Budget: SMMEs receive financial dollar boost

SA Budget: SMMEs receive financial dollar boost

By GIFT NDOLWANE JOHANNESBURG - ABSA Franchising has welcomed the allocation of R3,9 billion (US$305 million) for Small, Medium and Micro Enterprises (SMMEs) in the 2017 South Afr ...

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Citibank to pay R69 million in banks collusion saga

Citibank to pay R69 million in banks collusion saga

By BUSINESS REPORTER JOHANNESBURG - CITIBANK N.A will pay a fine of over R69,5 million ( USD 5,3 million ) following a settlement agreement with the Competition Commission over th ...

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Scammers revel at growth of digital banking

Scammers revel at growth of digital banking

By GIFT NDOLWANE JOHANNESBURG - CONSUMERS have been urged to be more vigilant and familiarize themselves with the different types of online banking fraud, in the wake of a surge o ...

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Banks face sanctions over collusion

Banks face sanctions over collusion

By GIFT NDOLWANE JOHANNESBURG- THE Competition Commission seeking the prosecution of a number of banks in South Africa for alleged collusion. Inducted banks include Bank of Americ ...

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FNB notes five-fold increase in ADTs use

FNB notes five-fold increase in ADTs use

By GIFT NDOLWANE JOHANNESBURG - First National Bank (FNB) has reported a rapid growth in the number of consumers doing their banking outside the normal banking hours. Between Augu ...

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First Pan-African fibre player is born

First Pan-African fibre player is born

By SAVIOUS KWINIKA JOHANNESBURG - LIQUID Telecom, majority owned by Econet Global, has announced an agreement to acquire South African communications network operator Neotel in wh ...

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Fuel levy increase to hit businesses, importers

Fuel levy increase to hit businesses, importers

GIFT NDOLWANE JOHANNESBURG - THE anticipated increase in the fuel levy during the Budget Speech later this month will place importers under increased pressure in already challengi ...

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Youth graduate in SAP digital skills empowerment programme

Youth graduate in SAP digital skills empowerment programme

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) - MORE than 100 South African youths have graduated as SAP associate consultants, which guarantees them jobs in ecosystem through SAP’s g ...

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Atlas, MasterCard partner to promote financial inclusion

Atlas, MasterCard partner to promote financial inclusion

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) - LONDON Stock Exchange-listed Atlas Mara and global payments technology firm, Mastercard, have entered partnerships to provide financ ...

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