News
SA’S NEW NATIONAL TREASURY DIRECTOR GENERAL – JUNE 2017
We appointment of Dondo Mogajane as Director General of National Treasury.
Read MoreSARB AND NATIONAL TREASURY PROPOSE DEPOSIT INSURANCE SCHEME
We have been engaged with the National Treasury and the SARB for some time. We recognise the need for a deposit insurance scheme, particularly given global prescripts.
Read MoreIMPACTS ON GLOBAL FINANCIAL MARKETS AND BANK REGULATION
On 27 March 2017, IOSCO Secretary General Paul Andrews met with representatives of the Financial Markets Working Group (FMWG) of the International Banking Federation (IBFed) at IOSCO’s headquarters in Madrid, Spain.
Read MoreS&P GLOBAL NATIONAL RATING SCALE CALIBRATION NEEDS ATTENTION
Following the recent negative sovereign rating action, our members have expressed their concern that the S&P Global national rating scale calibration for South Africa needs your urgent attention.
Read MoreFITCH DOWNGRADES SA SOVEREIGN RATING TO SUB-INVEST GRADE
The downgrading by Fitch, of both the foreign and local currencies of SA to sub-investment grade is devastating, though not unexpected.
Read MoreSA BANKS MEET WITH NEW FINANCE MINISTER – APRIL 2017
The Banking Association delegation met with the National Treasury team comprising of the new Minister of Finance and other senior officials in a constructive manner that concluded with a commitment to work with the National Treasury to achieve shared goals.
Read MoreSTANDARD & POORS DOWNGRADE SA TO JUNK STATUS – APRIL 2017
The actions by the President in the early hours of last Friday were clearly not in the national interest. Consequently, yesterday’s announcement by Standard & Poors of a sovereign downgrade to junk status is a direct consequence for the country.
Read MoreBASA OBJECTS TO THE REMOVAL OF THE FINANCE MINISTER
The vacuum of leadership caused by the announcement of a cabinet reshuffle and appointment of a new Finance Minister, Deputy Finance Minister and the removal of additional cabinet ministers is of extreme concern for the whole of South Africa.
Read MoreBANKING INDUSTRY INDUSTRIAL DEVELOPMENT PRESENTATION – 2011
We remember Uncle Kathy and celebrate his contribution to South Africa.
Read MoreMEDIUM TERM BUDGET POLICY STATEMENT – PARLIAMENT 2016
South Africans need to collectively make the right choices to expedite the change and growth the country needs. it was the overriding message of National Treasury’s 2016 Medium Term Budget Policy Statement (MTBPS).
Read More