Financial Services

We don't want to be tainted by KPMG, says Sasfin CEO Roland Sassoon

Sep 19 2017 17:52

Being associated with KPMG amid the Gupta and SARS scandals, has played a significant role in Sasfin’s decision to part ways, says Sasfin Group CEO Roland Sassoon.

Financial Services

Asisa appoints new chair, deputy chair, directors

Sep 19 2017 14:54

The Board of the Association for Savings and Investment South Africa has appointed Ian Kirk, group CEO of Sanlam, as its new chair.

Financial Services

While Gigaba waits for SARS complaint of KPMG, parliament seeks answers

Sep 19 2017 15:00

While Finance Minister Malusi Gigaba waits for a complaint by SARS regarding KPMG, parliament's standing committees on public accounts and finance have made announcements regarding the auditor.

Financial Services

World's biggest wealth fund hits $1trn after dollar sinks

Sep 19 2017 18:47

Norway’s sovereign wealth fund has hit $1trn for the first time, driven higher by climbing stock markets and a weaker US dollar.

Financial Services

Sasfin drops KPMG after 18 years over Gupta and SARS saga

Sep 19 2017 11:27

Sasfin has announced that it has dropped KPMG as its JSE sponsor as well as its auditor after 18 years over concerns over good governance.

Financial Services

KPMG and McKinsey feel the heat as graft scandal rocks SA

Sep 19 2017 07:26

As global companies implicated in a graft scandal scramble to contain the damage to their reputations, politicians and law enforcement agencies are prevaricating and stalling official investigations.

Financial Services

Competition Commission refuses to release rand probe records

Sep 18 2017 15:56

The Competition Commission has declined the Standard Bank Group's request to release details of its investigation into currency manipulation.

Financial Services

OUTsurance to buy stake in Grindrod-owned investment manager

Sep 18 2017 14:51

OUTsurance will buy a 25% stake in passive investment manager CoreShares to boost its new investment arm OUTvest, it has been announced.

Financial Services

SA banks can still thrive in Africa - analyst

Sep 18 2017 05:00

Despite a tough six months for banking operations in the rest of Africa, there is still a business case for SA’s four major banks to continue their operations, says an analyst.

Inside Fin24.com

Financial Services

Serious risks facing SA banks - analyst

Sep 17 2017 18:05

Although SA's banking sector has the ability to withstand a tough environment, there are significant risks on the horizon, cautions a banking analyst.

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