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Sasbo plans total shutdown of banks

6 September 2019, 12:00 PM

The South African Society of Bank Officials (Sasbo) says its planned banking strike on Friday, September 27, will see a total shutdown of all banking services, including ATMs.  

More black owned financial institutions are needed: Mkhize

24 October 2018, 5:51 AM

Co-operative Governance and Traditional Affairs Minister Zweli Mkhize says despite the unfortunate situation regarding VBS Mutual Bank, many more black-owned financial institutions are needed if economic transformation is to be achieved.

Four arrested for CIT heist to appear

31 July 2018, 7:01 AM

The suspects were found in possession of four hijacked vehicles, two of which were apparently used in a heist outside a Capitec Bank branch in Dobsonville, Soweto at the beginning of this July.

SA economy slowly improving

10 April 2018, 3:37 PM

The South African economy is improving but its recovery remains below that of other emerging markets.

Banks warn against land expropriation without compensation

6 March 2018, 6:28 PM

Banks have warned that the expropriation of land without compensation would result in the collapse of some financial institutions

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