Author: Mpho Sibanyoni

Business

Absa fined millions for lack of verification on politically exposed persons

The Reserve Bank’s Prudential Authority has slapped Absa Bank with a R10-million administrative sanction for various transgressions. “The administrative sanctions... Read more.
'Lower interest rates may boost economic growth' - Godongwana
Business

Finance Minister Enoch Godongwana cancels VAT increase

Finance Minister Enoch Godongwana has instructed the National Treasury not to increase the value-added tax (VAT) from the beginning of May. The Finance Ministry... Read more.
Sim Tshabalala picks Lungisa Fuzile as Standard Bank Africa CEO
Business

Sim Tshabalala picks Lungisa Fuzile as Standard Bank Africa CEO

Standard Bank Group boss Sim Tshabalala has taken over the role of interim chief executive of the bank’s South African division.  Tshabalala temporarily takes... Read more.