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New bank to be launched in SA

Bank Zero has been granted a provisional licence after a rigorous in-depth evaluation process by the South African Reserve Bank. The 45% black-owned bank is set to launch in the fourth quarter of 2018. (more…)

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Mellony Ramalho

Are you in a financially abusive relationship?

Financial abuse occurs in 98% of abusive relationships. If someone forcibly controls another person’s money or other assets, it is financial abuse. (more…)

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Don’t fall victim to Black Friday card scams

As the hype around Black Friday and Cyber Monday grows, it’s not just the rowdy shoppers you need to protect yourself against but cybercriminals that are lurking online and making concentrated attempts to target discount-hungry shoppers. (more…)

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Finbond CEO, Dr Willie van Aardt

Finbond’s expansion strategy sees acquisition of AFC

Finbond has entered into an agreement to acquire 100% of US based short-term lender America’s Financial Choice Inc. for US$7 million (R99.6 million). The closing date of the transaction is expected to be 1 December 2017. (more…)

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WIPHOLD shareholding makes Sasfin one of the most empowered banks in SA

Sasfin Holdings Limited (Sasfin) is pleased to announce that Women Investment Portfolio Holdings Limited (WIPHOLD) is now a significant and credible shareholder of reference in Sasfin, holding 25.1% of Sasfin’s shares in issue. (more…)

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credit cardpay

Rising card fraud in SA calls for greater vigilance

By Sore Cloete, Senior Legal Manager at Old Mutual Personal Finance What’s in the news? Card fraud is on the increase, according to a recent report on global fraud activity. It serves as a reminder that we need to be cautious and extra vigilant when transacting and withdrawing money at ATMs. (more…)

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How South Africans can save in other currencies

It is getting easier and easier for anyone to protect your money from rand fluctuations and invest offshore. In fact, international saving is now so simple that you can put funds away in one of several currencies just by clicking a few buttons. (more…)

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Minister Malusi Gigaba

Minister of Finance congratulates Sim Tshabalala

The Minister of Finance Malusi Gigaba has congratulated Mr Sim Tshabalala on being appointed the sole Chief Executive Officer (CEO) of Standard Bank Group Ltd. (more…)

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