• Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

  • The power of perseverance

    True grit is a reliable predictor of who will achieve success in life, says Ian Mann.

  • It's the system

    The system sucks and it’s being used far too often as an excuse, says Mandi Smallhorne.

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Financial Services

Credit dispute sensationalised in media - Capitec CEO

May 27 2016 14:33

Capitec CEO Gerrie Fourie says legal action by Summit has been sensationalised in the media with "material inaccuracies".

Financial Services

Moody's lowers outlook for SA banks

May 27 2016 17:40

Ratings agency Moody's has lowered its outlook for the South African banking system to negative from stable, citing deteriorating operating conditions.

Financial Services

Zim banks battle rising non-performing loans

May 27 2016 18:38

Ballooning non-performing loans in Zimbabwe are hobbling banks, forcing them to institute stricter lending criteria including tight profiling of borrowers.

Financial Services

Standard Bank steps up fraud controls as losses to fines mount

May 26 2016 12:53

Standard Bank is bolstering internal controls after shareholders criticised managers and executives at Africa’s biggest bank by assets for a series of fines and losses tied to fraud.

Financial Services

Diamond's Atlas Mara group reports $2m loss

May 26 2016 11:18

Atlas Mara, the African investment vehicle of ex-Barclays boss Bob Diamond has reported a $2mn loss for the first quarter, blaming weaker African currencies.

Financial Services

Abil still has R250m after paying creditors

May 26 2016 09:24

African Bank Investment Limited says that after paying all its creditors in full to the tune of R1bn, the company still has cash reserves of R250m.

Financial Services

Banks that lured Diamond to Africa stumble on fading economies

May 26 2016 07:06

Bob Diamond followed other lenders to Africa's young population, rising wealth and decades of growth. Now, its fading economies risk taking down more lenders with them.

Financial Services

Ministers stall on banks intervention over Gupta blacklisting

May 25 2016 17:59

The ministers tasked with intervening in the ongoing stand-off between South Africa’s big four banks and the Gupta-owned Oakbay Investments have missed their deadline.

Financial Services

Sarb wants vigilance after Standard Bank ATM heist in Japan

May 25 2016 14:40

The theft of about R204m from ATMs in Japan using counterfeit cards from Standard Bank has prompted a call for vigilance from the SA Reserve Bank.

Inside Fin24.com

Financial Services

Computerised trader beats banks in top currency ranks

May 25 2016 13:18

Computerised trading firm XTX Markets has come from nowhere to dethrone major banks in the rankings of the world’s biggest spot currency traders.

Financial Services

Big five SA banks losing market share

May 25 2016 12:02

Although South Africa’s banking sector is still dominated by the five largest banks, international banks are slowly eating away at their market share, a report shows.

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