The Prudential Authority, a division of the South African Reserve Bank, has applied to the Pietermaritzburg High Court for the provisional liquidation of Ithala SOC Limited. Ithala, while referred to…
Browsing: Banking & Finance
While major advancements are acknowledged to have been made within the framework for combating the financing of terrorism (CFT) and anti-money laundering (AML) in South Africa (SA). There are still…
Taking a look at the best performing investments in 2024, there have been an interesting array, from Cocoa and Coffee to Crypto and from Gold to Germanium and from freight…
With around 8% of the population still unbanked in South Africa, the township economy and related services is still predominantly driven by cash. Merchants operating in townships and rural areas…
As monetary policies across Africa, continue , for the most part to depend on inflationary based policies where monetary expansion is still the predominant actor. It is important for policy…
In collaboration with Mastercard, the BCP Group will leverage Mastercard Move’s money movement capabilities to enhance cross-border payments for their corporate and individual clients. The collaboration aims to enable near instant, traceable,…
Bitcoin set a new all-time high of $100k on Luno this morning. The market cap leader is up more than 40% since the US elections, with President Trump having made a number of pro-crypto…
The Two-Pot Retirement Fund Challenge The recently introduced two-pot retirement system, introduced as of 1 October 2024 in South Africa, was designed to address the issue of early retirement savings…
Absa promises to partner with you to help move your business forward. We understand that every business has specific funding needs which is why we offer flexible, hassle-free vehicle and…
Johannesburg, 30 November 2024: A new player has entered the South African financial and telecommunications sector: eGroupX, a fintech and connectivity group launched to make financial and telco services more accessible…
