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Discovery Bank to give black clients 10% equity | IOL Business ReportGore said the bank planned to open to the public early next year and 10 percent of equity would be allocated to black depositors at no cost to them. Only? Why not give black 90 and whites 10? I wonder y 10% I hate 10% discounts Interesting
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FNB Business named SA's Best Business Bank | IOL Business ReportFNB Business has once again been voted “SA’s Best Business Bank”, a title that they have won for the sixth year in a row.
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Standard Bank enters airtime and data market with new service | IOL Business ReportThe bank said it would be using wireless capacity from Cell C and MTN and would allow its customers to convert bank charges into airtime or data.
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SA central bank set to keep interest rates unchanged | IOL Business ReportSouth Africa's central bank is likely to keep interest rates unchanged on Thursday as inflation remains contained within target.
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WATCH: SA Reserve Bank hikes interest rates | IOL Business ReportThe SARB Governor Lesetja Kganyago announced that the interest rate for SA would be increased by 25 basis points. RepoRate 😳😟 yeses uNyusizinto at it again 😢😢😢ngidisemba! Saze salamba bo! Reserve Bank tricks consumers to spend via credit by reducing interest rates and as a result of the lowered interest rate, savings decline, while consumption and investment go up, setting into motion an economic boom. However, this boom turns into bust because of SARB
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VBS and Saambou Bank: More in common than having collapsed | IOL Business ReportIn September 2002, the Registrar of Banks placed the management responsibilities of this once proud bank (Saambou Bank) in the hands of a curator. At least for once an article that seeks to investigate what really happened as opposed to sharing fake news Floyd and the EFF. Well done
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See how Greece plans to save its banks – again | IOL Business ReportBurdened by bad loans that make up almost half of total lending, crippled banks remain one of the biggest hurdles to Greece’s economic recovery.
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EXCLUSIVE: Standard Bank manager accused of collusion in bitter liquidation dispute | IOL Business ReportAndrion Gouws, accused of colluding with ENS Africa’s liquidation department to achieve unfair financial gains in a matter involving Zonnekus.
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Major shake-up for SA banking sector | IOL Business ReportThree new entrants are set to begin plying their craft against the established institutions in the country.
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Reserve Bank independence remains sacrosanct - Ramaphosa | IOL Business ReportPresident Ramaphosa contradicted the secretary general of the ruling ANC, Ace Magashule, about the government's intention to nationalise the Sarb. busrep This ANC .....yes no yes no...how do you attract investment when ypu change your mind so often
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