Tag: Banking Association South Africa
In order to help small and medium enterprises, support the economy and save jobs, the South African Reserve Bank (SARB) and the National Treasury are partnering with members of the Banking Association South Africa (BASA) to roll out a R200 billion Covid-19 loan scheme.
CNBC Africa is joined by MD of Banking Association South Africa, Cas Coovadia to unpack the latest VBS saga. The VBS Mutual Bank has collapsed after looting of about R2 billion. High ranking individuals and parties have been implicated in a report which has unlocked a long standing rot raising questions of compliance or non-compliance which went unnoticed till late.
BASA MD Coovadia: It is not in the interests of SA for the ANC to implode
Eskom’s new board of directors necessary to address the crisis of confidence in South Africa’s leadership and economy: BASA
By: The Banking Association South Africa The appointment of a new board of directors for Eskom is necessary to address the crisis of confidence in South Africa’s leadership and economy. The new board will need...
Comments by the Public Protector relating to the mandate of the SA Reserve Bank are particularly alarming. The role and independence of the SARB is critical in maintaining what little certainty remains in...