Retirement reform a steep hill for National Treasury

National Treasury’s plans to implement reforms in South Africa’s retirement system will have to extend beyond encouraging a savings culture.

UPDATE: Moody’s downgrades four S.African banks

International ratings agency, Moody’s has downgraded the long term local-currency deposit ratings of South Africa’s four largest banks.

Is S.Africa’s food sales data starting to turn around?

The slight uptick in second quarter food and beverage nominal sales growth could be a move towards stabilisation in the sector.

Capitec paid Moody’s for a rating

Capitec which was downgraded two notches by Moody’s on Friday says it paid Moody’s for a rating.

Reserve bank disputes Moody’s downgrade of Capitec

The South African Reserve Bank (SARB) notes the decision by Moody’s Investors Service (Moody's) to downgrade Capitec Bank Limited (Capitec).
Capitec H1 HEPS up 20 per cent

Capitec bank's view on its Moody's rating change

Capitec's view on its Moody's rating change.

Young people should invest like Buffett: Expert

Investment is critical for young children as it prepares savings for them when they get old, this is according to an industry expert.

Moody's cuts Capitec Bank rating to D

Ratings agency Moody's cut the financial strength rating of South Africa's Capitec Bank by one notch to D on Friday.

Satrix expands its portfolio of index tracking cautious investors

Satrix has launched a low equity balanced index fund targeting more cautious investors.
Kenya’s Diamond Trust Bank jumps 17% in pretax

Bank quality critical for prospective investors

The banking sector has evolved dynamically over the years with CEOs adapting to changing regulatory policies and global economic pressures.

Short term insurance is well capitalised: SAIA

The short term insurance industry is well capitalised and well prepared to deal with catastrophes, the SAIA has said.

Absa SME Index declines due to economic slowdown

The Absa SME Index had a quarterly decrease of 2.2 per cent and a yearly decrease of 3.8 per cent due to South Africa’s shrinking economy.

ABIL’s woes worsen as group expects FY headline loss of R6.4...

ABIL is expecting a headline loss of at least 6.4 billion rand for 2014 comparable to a 365 million rand loss for the same period in 2013.

Shaky African currencies worrying investors

Shaky regional currencies are not a factor contributing to Africa’s low investor confidence, an analyst has said.

S.Africa’s July PMI drops to 45.9

Kagiso Tiso's Purchasing Manager’s Index declined to 45.9 in July from 46.6 in June, marking a decline for the fourth consecutive month.