News
GROUND-BREAKING GUIDE LAUNCHED IN SOUTH AFRICA TO EMPOWER BANKS TO ASSESS NATURAL CAPITAL RISK
Natural Capital Finance Alliance (NCFA) has showcased the world’s first step-by-step guide to help banks conduct a rapid natural capital risk assessment. The guide is produced in collaboration with global audit firm PricewaterhouseCoopers.
Read MoreMINISTRY OF PUBLIC ENTERPRISES MEETING BASA BOARD AND ASISA REPRESENTATIVES
Ministry of Public Enterprises Meeting BASA Board and ASISA Representatives about the operational performance of and financing requirements for State-Owned Companies (SOC’s).
Read MoreGROSS DOMESTIC PRODUCT – THIRD QUARTER 2018
Real gross domestic product (measured by production) increased by 2,2% in the third quarter of 2018, following a decrease of 0,4% in the second quarter of 2018.
Read MoreSTATEMENT OF THE MONETARY POLICY COMMITTEE
Since the previous meeting of the Monetary Policy Committee (MPC), the near-term inflation outlook has improved, however, the longer term risks to the inflation outlook remain elevated. The weaker exchange rate and the impact of higher oil prices have contributed to increasing inflation since March 2018. At the same time, domestic growth remains weak.
Read MoreWE URGE EXPEDITE CRISP, CLEAR EXPROPRIATION POLICY AND LEGISLATIVE FRAMEWORKS
The Banking Association South Africa (BASA) acknowledges the decision of the Constitutional Review Committee to recommend that Section 25 of the constitution – the property rights clause – be amended to explicitly provide for the expropriation of land without compensation.
Read MoreVBS MUTUAL BANK MEMBERSHIP SUSPENDED
The Banking Association South Africa (BASA) has suspended the membership of VBS Mutual Bank, pending the outcome of the investigations and legal processes related to the conduct of the bank.
Read MoreBANKING ON GOOD GOVERNANCE
Learners of a number of schools in Alexandra attended the Banking Summit hosted by the Banking Association South Africa at the Wanderers Club on 8 October.
Read MoreTHE BANKING ASSOCATION HOST THE INTERNATIONAL BANKING FEDERATION BOARD MEETING
The Banking Association South Africa (BASA), hosted a board meeting of the International Banking Federation (IBFed), in Johannesburg on October 25 and 26.
Read MoreFINANCE MINISTER’S MTBPS GETS 2 OUT OF 3
Ahead of the Medium Term Budget Policy Statement (MTBPS), the Banking Association South Africa indicated the new Minister of Finance, Tito Mboweni, would have to find ways to: Alleviate poverty and reduce the economic burden of vulnerable South Africans Provide a credible commitment to maintaining fiscal discipline, and Outline a quickly implementable economic-stimulus package.
Read More2018 MEDIUM TERM BUDGET SPEECH
In A Tale of Two Cities, Charles Dickens opens with: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity… we were all going direct to Heaven, we were all going direct the other way...”
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