ECB breaks record streak of rate hikes as economy weakens
The ECB has spent over a year raising borrowing costs.
China could restrict bank tie-ups with fintech platforms, official suggests
China’s former finance minister Lou Jiwei suggested that China could restrict the number of banks a
S.Africa’s FirstRand warns of over 20% profit fall
South African lender FirstRand said on Thursday its full-year profits were likely to be more than
Absa to finance new coal projects only under ‘extenuating’ circumstances
South Africa’s Absa bank published its policy on coal financing on Thursday, joining other lenders
Sasbo plans total shutdown of banks
The South African Society of Bank Officials (Sasbo) says its planned banking strike on Friday,
More black owned financial institutions are needed: Mkhize
Co-operative Governance and Traditional Affairs Minister Zweli Mkhize says despite the unfortunate
Four arrested for CIT heist to appear
The suspects were found in possession of four hijacked vehicles, two of which were apparently used
SA economy slowly improving
The South African economy is improving but its recovery remains below that of other emerging
Banks warn against land expropriation without compensation
Banks have warned that the expropriation of land without compensation would result in the collapse