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Why taking out debt for a bond deposit is risky

Lee Mhlongo| FNB  First time home buyers often get caught by surprise when banks ask for a deposit in order to secure a home loan. “When...
Will S.A's 2017 Budget bode well for retirement savings?

Investment tips for kicking your savings into action in 2018

George Herman | Citadel Investment Services With December holiday and New Year expenses putting a pinch on your pockets, you may be one of many looking...
Capitec rides tough lending climate

South African Reserve Bank Responds to Viceroy Report on Capitec Bank

By South African Reserve Bank and Reuters South Africa’s central bank said on Tuesday Capitec Holdings was “solvent, well capitalised and has adequate liquidity” in...
Capitec H1 HEPS up 20 per cent

South Africa’s Capitec falls 20% after adverse report by Viceroy Research

Shares in Capitec Holdings dropped as much as 20 percent after U.S. firm Viceroy Research said the South African lender overstates its financial assets...

SA investors have a problem due to high concentration risk

Adam Ebrahim, Chief Investment Officer, Oasis Asset Management argues that the South African equity market is highly concentrated in a few stocks which presents dangers for investors.

Billionaire Christo Wiese may have caused the selloff in Aspen: Saad  

Aspen’s CEO discusses his relationship with Steinhoff’s former CEO Markus Jooste Wiese’s selloff.

Viceroy Research hits back at SA’s critics

Viceroy tells CNBC Africa it is open to assist regulators.

2018 will be crucial to the flickering fortunes of Africa’s most advanced mining industry

The year will see a showdown between government, civil society, labour and business.

Angola’s central bank’s new currency plan could see kwanza devaluing by 30% – economist

The central bank said on Wednesday it would shift from a currency peg to a trading band,

Rand enjoys best quarter in more than seven years

Emerging market stocks, currencies enjoy best year since 2009

Steinhoff strengthens board with former Absa, Sanlam CEO & investment banker

Also appoints new independent financial and operational advisers

Africa’s largest pension fund, the PIC reveals it exposure to Steinhoff

PIC is awaiting further information from investigations by domestic and international regulators and/or law enforcement agencies

Treasury comments on Steinhoff, backs FSB’s investigation

Finance Minister Malusi Gigaba will also have discussions with other appropriate regulators, like the Independent Regulatory Board for Auditors

Steinhoff – the largest corporate failure of the active asset management industry yet

Magda Wierzycka argues that the failure of Steinhoff has shocked even the most seasoned asset managers. 

Billionaire Christo Wiese to head Steinhoff as CEO quits

South Africa-headquartered, Dutch-registered Steinhoff has been under investigation for suspected accounting irregularities by the state prosecutor in Oldenburg, Germany since 2015.

Barclays announces final sale of stake in Barclays Africa

Barclays (BARC.L) will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest...

SARB wary as risks remain: FNB

Mamello Matikinca |FNB Chief Economist Following the South African Reserve Bank’s decision earlier today to leave interest rates unchanged, FNB confirms that it will maintain...

This is how much business contributes to South Africa

BLSA members employ 1.29 million people and add R1.9 trillion in value to the economy.

Michael Sachs to join the Gauteng Provincial Government

Statement by Gauteng Provincial Government Gauteng Premier, David Makhura, has requested the Finance Minister, Malusi Gigaba, to facilitate the lateral transfer of Michael Sachs, the...
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