National Treasury’s plans to implement reforms in South Africa’s retirement system will have to extend beyond encouraging a savings culture.
International ratings agency, Moody’s has downgraded the long term local-currency deposit ratings of South Africa’s four largest banks.
The slight uptick in second quarter food and beverage nominal sales growth could be a move towards stabilisation in the sector.
Capitec which was downgraded two notches by Moody’s on Friday says it paid Moody’s for a rating.
The South African Reserve Bank (SARB) notes the decision by Moody’s Investors Service (Moody's) to downgrade Capitec Bank Limited (Capitec).
Capitec's view on its Moody's rating change.
Investment is critical for young children as it prepares savings for them when they get old, this is according to an industry expert.
Ratings agency Moody's cut the financial strength rating of South Africa's Capitec Bank by one notch to D on Friday.
Satrix has launched a low equity balanced index fund targeting more cautious investors.
The banking sector has evolved dynamically over the years with CEOs adapting to changing regulatory policies and global economic pressures.
The short term insurance industry is well capitalised and well prepared to deal with catastrophes, the SAIA has said.
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 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 regional currencies are not a factor contributing to Africa’s low investor confidence, an analyst has said.
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.