SONA 2017 – TRANSFORMING AND GROWING THE ECONOMY

Read what The Banking Associations thinks about the upcoming SONA and topical issues of the day.

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PRESIDENT’S REFERRAL OF FICA BILL – PARLIAMENT JANUARY 2017

BASA, on the opinion of legal counsel, affirmed that the relevant section in particular, and the Bill in general, does bear constitutional muster and the Committee should refer the Bill back to the President for signature.

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BANKER SA – PRESIDENT ZUMA REMOVES FINANCE MINISTER

There have beens some lows and some highs in 2016. However, despite these encouraging results, our country still has an immensely long way to go. Read Cas' take on the way forward for 2017.

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NPA WITHDRAWS CHARGES AGAINST MINISTER OF FINANCE, GORDHAN

The Banking Association welcomes the decision by the NPA to withdraw charges to Minister Pravin Gordhan, former Sars commissioner Oupa Magashula and former deputy Sars Commissioner Ivan Pillay. Read the full statement here.

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2016 MEDIUM TERM BUDGET POLICY STATEMENT – PRAVIN GORDHAN

The Banking Association welcomes the Medium Term Budget Policy Statement (MTBPS) tabled by the Minister of Finance Pravin Gordhan, as it demonstrates a firm commitment to follow through on the priorities and objectives set out in the 2016 Budget.

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ALLEGATIONS REGARDING THE MINISTER OF FINANCE – AUGUST 2016

The Banking Association South Africa (BASA) is extremely concerned around the events regarding the Minister of Finance, Mr. Pravin Gordhan.

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HOW SA AVERTED THE CREDIT DOWNGRADE – WITH CAS COOVADIA

On Wednesday, 17 August 2016, the Western Cape Business Opportunities Forum hosted a dinner in Cape Town and Mr. Cas Coovadia in his capacity as MD of BASA was the guest speaker.

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S&P’S SOUTH AFRICAN SOVEREIGN RATING AND OUTLOOK – JUNE 2016

The Banking Association South Africa (BASA) welcomes the outcome of Standard and Poor’s (S&P) ratings review, announced today. This is attributable to the credibility and strength of our institutions, amidst the challenging domestic economic and political circumstances that prevail. It is a positive affirmation of the confidence that international investors and institutions have in the leadership at the helm of our economy, in both the public and private sector.

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BASA 1ST AFRICAN BANKING INDUSTRY ASSOCIATION TO JOIN UNEP FI

In celebration of 15 years of collaboration, the Banking Association South Africa (BASA) has become the first Banking Industry Association in Africa and third globally, to join the United Nations Environment Programme Finance Initiative (UNEP FI) as a supporting partner and achieve a Supporting Institution Status.

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MOODY’S REVIEW OF SOUTH AFRICAN SOVEREIGN RATING – MAY 2016

The Banking Association South Africa (BASA) commends the collective efforts by Government, business and labour, which have contributed to the recent decision by ratings agency Moody’s to maintain our country’s sovereign rating two notches above sub-investment grade.

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