South Africa is set for another year of interest rate hikes which will further hit the buying power of South Africa's middle-class in the coming months, says professional services firm PwC.
The Association for Savings and Investment South Africa (Asisa) has published its life insurance claim statistics for 2021, showing a significant increase in fraudulent and dishonest claims.
Gauteng Hawks’ head, major general Ebrahim Kadwa, has commended the investigation team for successfully apprehending the additional alleged fraudsters involved in unauthorised debit order transactions where bank clients have lost approximately R18 mill...
Standard Bank says it has appointed Ms Nonkululeko Nyembezi as chair-designate of the group and the Standard Bank of South Africa, with effect from 1 June 2022.
Standard Bank has dismissed more than 30 employees for alleged irregularities in activating new bank accounts. This includes the creation of ghost accounts, which require minimal deposits, to help reach performance targets, Fin24 reported.
South Africa is likely to see another interest rate hike next week, although the increase could be larger than previously forecast, say economists at the Bureau for Economic Research (BER).
Absa has published a list of factors which are likely to swing South Africa's economy in either a negative or positive direction in the coming months.
Discovery's latest interim financial results show that it is carving into South Africa's affluent market, accounting for a 20% market share of people who earn R100,000 or more each month.
South Africa's major banks are increasingly leveraging existing non-bank infrastructure to broaden their customer reach in an efficient and affordable way, a new study by Genesis Analytics and the Financial Sector Conduct Authority (FSCA) shows.
The National Treasury has proposed introducing a two-bucket retirement system that will give struggling South Africans access to their retirement savings could reduce immediate hardships and perhaps encourage a greater willingness to utilise retiremen...
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