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.
Godongwana reverses VAT increase
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.
Business

Standard Bank boss Tshabalala earns R89m, staff gets ‘3% raise’

Standard Bank Group chief executive Sim Tshabalala saw his total remuneration package in 2024 rise by 7.1% to a cool R89 million from the R83 million he earned in... Read more.
Godongwana reverses VAT increase
Opinion

Opinion | ‘Postponement turns budget speech into a mockery’

After more than a decade of covering the budget speech, nothing could have prepared me for what transpired on that gloomy afternoon of February 19. On that Wednesday,... Read more.