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South Africa Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about South Africa Banking.
Latest South Africa Banking News
- Card fraud bleeds banks 24 Nov 2009 07:34 GMT
... Credit card fraud continues to hit South Africa's banking industry, the South African Banking Risk Information ... chief executive officer Kalyani Pillay. She said banks remained committed to raising the public's awareness of ...
- Credit card fraud grows at a 'lower' 5%, say banks 24 Nov 2009 06:00 GMT
... CREDIT card fraud continued to hit the banking industry, the South African Banking Risk Information Centre (Sabric) said yesterday. ... said Sabric CEO Kalyani Pillay. She said banks remained committed to raising the public’s awareness of ...
- Mobile Banking the Answer for Africa's Unbanked - MXit 24 Nov 2009 08:45 GMT
... Mobile Banking the Answer for Africa's Unbanked - MXit ... Newswire. All Rights Reserved 2009-11-24 CAPE TOWN, South Africa, November 24 /PRNewswire/ -- Globally, mobile banking ... and instant messenger, is poised to offer banks in Africa a safe, seamless transaction platform that ...
- Online card fraud up by 45percent 24 Nov 2009 06:01 GMT
... card fraud is still hitting South Africa’s banking industry The South African Banking Risk Information ... she added. Overall, card fraud losses inside South Africa this year decreased by six percent. “Sabric ... stick to safe banking advice from their banks, such as not letting their cards out of ...
- Another giant property bubble waiting to burst 24 Nov 2009 10:26 GMT
... the real estate market as a whole. Banks are desperate to prop up property, but they're ... likely to be in breach of their banking covenants and could not rectify the financial ... if called upon to do so. Other bankers agree, and it seems the new slogan ...
- Bravura Solutions completes successful implementation with Absa Investment Management Services 24 Nov 2009 04:35 GMT
... Management Services (AIMS), part of the Absa Investments business of the leading South African banking institution, Amalgamated Banks of South Africa (Absa). Signing a five year deal with Bravura in 2007, AIMS’ existing multiple administration ...
- Namibia - Value addind beef and farm products 24 Nov 2009 01:01 GMT
... for Namibia’s growth, Namibian High Commission in South Africa commercial counsellor Bonaventura Hinda emphasised during an ... manager at the Walvis Bay Corridor Group’s South African office, told delegates at the event that ... initiatives until the private sector or commercial banks started investing in this sector. Development finance institutions, ...
- Leave Mbeki alone, says Malema 24 Nov 2009 01:30 GMT
... genocide. Who is Buti Manamela in the South African Political Arena, where does he come from ... that will improve living conditions of all South Africans. He should be updating us on what ... call that was made by communist that Banks Housing Bond Loans are exploiting our people. What ...
- Global Markets Rise on U.S. Home Sales 24 Nov 2009 01:32 GMT
... more than 2.2%. IMF chief warned that banks have declared only half the losses but does ... SA was awarded €100 million contract in South Africa. The UK benchmark index rose 2.2% after ... rise in commodities and energy prices. Lloyds Banking Group plans to issue £7.5 billion of ...
- Herbert Smith and Linklaters bank on China Agri 24 Nov 2009 01:51 GMT
... in Beijing, heading the advisory team. Seven banks will provide finance – Banco Santander, Bank of ... success,” said Alex Aitken, ’s Hong Kong-based banking & finance partner. “There is an overhang ... debut loan with a US$1bn investment into South Africa. ...
- Live Uefa Games For Access Bank Customers 24 Nov 2009 04:32 GMT
... qualification for the 2010 World Cup in South Africa still reverberating across the globe, one of ... the globe, one of Nigeria 's leading banks, Access Bank Plc is tantalizing its customers with ... unprecedented by soccer followers. Executive Director, Commercial Banking and Chairman of Access Bank UEFA Project ...
- African Markets - Factors to watch on Nov 24 24 Nov 2009 06:10 GMT
... ground in New York. SOUTH AFRICAN MARKETS South Africa's rand jumped nearly two percent to a ... investor caution, which set in after disappointing banks' earnings. NIGERIA BUDGET Parliament is expected to formally ... and management of the bourse. KENYA MPC Central Bank of Kenya's Monetary Policy Committee (MPC) ...
- Kevin Pietersen and Jessica Taylor expecting their first baby 24 Nov 2009 00:10 GMT
... Kevin Pietersen and Jessica Taylor expecting their first baby ... one-day side to victory against his native South Africa on Sunday - though his contribution was ... Nearly a year after the death of banker and horticulturist Edmund de Rothschild, his family remain ...
- Export markets sought and expanded 24 Nov 2009 04:31 GMT
... Textile and garment products manufactured for export. Nhan ... parts, pepper, fruits and vegetables and fibre), South Africa (rice, footwear, coffee, computers, electronic products and ... well as some countries with quite developed banking systems and rather strong financial potentials (for ...
- Fed official sparks dollar sell-off 24 Nov 2009 07:12 GMT
... LONDON (SHARECAST) - The dollar suffered its biggest fall ... stimulus measures put in place by the central bank be extended. He doesn’t think interest ... gold hit another record high, and expectations South Africa will have grown by 0.5% in the ...
- Dollar, Yen May Extend Decline as US Housing Gain Buoys Risk 24 Nov 2009 00:15 GMT
... Nov. 24 (Bloomberg) -- The dollar and yen may extend ... Louis President said on Nov. 22 the central bank should extend its purchases of mortgage-backed ... for funding such transactions. Three-month deposits in South Africa earn 7.579 percent. The rand strengthened 1.8 ...
- Global comm. property distressed sales rise in Q3-RICS 24 Nov 2009 00:20 GMT
... being put on the market were in South Africa, the United States, Portugal and France; while ... ... provides a window of opportunity for banks to manage down some of their property loan ...
- Zuma supports R28bn Eskom loan 24 Nov 2009 08:26 GMT
... the south african reserve bank and the world bank are ... and lose their assets to the global bankers.... bankers are now buying entire countries, and if ...
- Operation HOPE Founder John Hope Bryant's Best Selling Book LOVE LEADERSHIP Now Released in Digital Audio Book Format 24 Nov 2009 01:30 GMT
... LOS ANGELES--(BUSINESS WIRE)-- Financial literacy nonprofit, Operation HOPE today ... HOPE is America's leading nonprofit social investment banking and financial literacy empowerment organization. With more ... 68 major U.S. cities and five provinces South Africa, HOPE has raised more than $500 million ...
- Operation HOPE Founder John Hope Bryant's Best Selling Book LOVE LEADERSHIP Now Released in Digital 24 Nov 2009 01:52 GMT
... Financial literacy nonprofit, Operation HOPE today announced that ... HOPE is America's leading nonprofit social investment banking and financial literacy empowerment organization. With more ... 68 major U.S. cities and five provinces South Africa, HOPE has raised more than $500 million ...
- Light at the end of the tunnel for marketing 24 Nov 2009 09:11 GMT
... We welcome original and exclusive articles, and will consider ... world; the number of job losses in South Africa (475 000) in the first two quarters ... and activism against high prices such as banking fees all conspire to erode the equity ...
- Distressed property sales rise globally says RICS 24 Nov 2009 09:56 GMT
... up in distressed sales was reported in South Africa, followed by the US, Portugal and France ... on the speed at which they thought banks are foreclosing on commercial property deals compared to ...
- SA's lead indicator shows that economic recovery is on track 24 Nov 2009 03:10 GMT
... shows that economic recovery is on track South Africa's economic recovery remains on track, according to ... to caution on the part of both banks and potential borrowers who are still paying off ...
- Communities can bank in a flash 24 Nov 2009 06:01 GMT
... THE founders of Take it Eezi are launching a ... using cellular infrastructure. The shopkeeper, as the banker, transacts using a GSM-enabled device supplied by Sharedphone ...
- German mediator to meet Hamas leader in Cairo over prisoner swap 24 Nov 2009 08:23 GMT
... Hamburg - All 32 teams qualified for the 2010 World Cup finals in South Africa: ... Tallinn - Fears grew about the ... prime minister Thaksin Shinawa... London - Lloyds Banking Group Tuesday set out details of its ...
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