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Cumesh Moodliar, Henry Blumenthal and Yuri Bender.

Investec wins again at 2018 Global Private Banking Awards

For an unprecedented sixth year in a row, Investec was named the best Private Bank and Wealth Manager in South Africa at the prestigious 2018 Global Private Banking Awards hosted by the Financial Times of London. (more…)

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Short-term Bank Deposit Complaints – the FAIS Ombud can help!

As a result of the introduction of the Financial Sector Regulation Act on April 1 of this year, the FSCA is now more than ever dedicated to regulating market conduct across all financial institutions in South Africa, the FAIS Ombud says in a statement published today. (more…)

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Standard Bank launches internet banking in Chinese

Successfully pilots in Angola October 2018, rest of continent to follow in 2019. Standard Bank has successfully launched its first Chinese internet banking site in Angola. (more…)

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Michael Jordaan, co-founder and chairperson of Bank Zero

Bank Zero starts first trial runs

Bank Zero Mutual Bank – which is more than 45% black-owned and 20% women-owned – was granted their licence, has integrated with the national payments systems of the South African Reserve Bank, and is currently Alpha testing their App-driven bank. (more…)

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It’s a buyers’ market for house sales

Correctly declare expenses in a home loan application

Consumers who fail to correctly declare expenses when completing a bond application may limit their chances of getting the best home loan deal possible.  (more…)

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Philanthropy: Wealthy people across Africa set their hearts on giving more to training and education

Job creation, training and education rank as the leading causes wealthy Africans are striving to support, according to the 2018 Wealth Report published by Knight Frank, Standard Bank Wealth and Investment’s global property consulting partner. (more…)

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5 Reasons to Love ChatBanking on WhatsApp

By Suzanne Patterson, Senior Digital Product Owner (Retail & Business Banking), Absa Group Limited. How many times do you check your phone every day? Probably a good few. And if you’re like most other people with a smartphone in South Africa – or anywhere in the world, actually – chances are that it doesn’t end […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

SA banking system: Resilient financials amid a weakening economy drive our stable outlook, says Moody’s

Moody’s says in its outlook on the SA banking system issued today: We have changed our outlook for the South African banking system to stable from negative, reflecting our assessment that the banks’ financial metrics and creditworthiness will remain resilient over the next 12 to 18 months, despite weakening operating conditions. Slow economic growth will […]

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