News

The Blue Economy – Already Making a Splash

The blue economy generates nearly $300 billion for Africa and sustains 49 million jobs. Aliou Maiga and Bongiwe Kunene explore the opportunities for SADC economies, and why protecting these water resources must start now.

From Commitment to Action: Building South Africa’s Green Economy Together.

The 2024 United Nations Climate Change Conference (COP29) theme, “In Solidarity for a Green Economy,” emphasized global cooperation in advancing a sustainable and resilient economy. In response to this, South Africa’s agenda has been, “From Commitment to Action: Building South Africa’s Green Economy Together,” which underscores the critical need to transform global and national climate commitments into tangible, actionable steps at the local level.

BASA Statement on the 21 May 2025 Budget

BASA's statement on the 21 May 2025 Budget, which prepares South Africa for global volatility while protecting key social spending. BASA welcomes the R1 trillion infrastructure allocation and the continued commitment to public-private partnerships.

10 Ways to Identify and Avoid Fake Investment Opportunities

Fake get-rich-quick investment schemes, especially on messaging apps such as Telegram, are costing South Africans substantial sums. Here are 10 ways to identify and avoid fraudulent investment opportunities.

The Provision of Home Affairs Services at Bank Branches

BASA remains committed to working with the Department of Home Affairs to expand Home Affairs services at bank branches, and is ready to help finalise the agreement needed to transfer staffing responsibility to participating banks.

Project Big Bang results in 32% drop in ATM bombings

SABRIC CEO Nischal Mewalall explains how Project Big Bang, an initiative to combat financial crime through shared information, has contributed to a 32% drop in ATM bombings in South Africa.

Warning to South Africans With Banking Apps on Their Phones

Several prominent South African banks say they have seen a marked uptick in banking app fraud impacting their customers.KnowBe4 Africa recently warned that thieves are increasingly targeting smartphones to gain access to banking apps. However, Absa, Capitec, Discovery Bank, Nedbank, and Standard Bank say phishing is a more significant threat.

2025 Budget Speech Statement

The 12 March 2025 Budget Speech sets out proposals to keep the national debt in check and increase necessary spending on social security and infrastructure, while more far-reaching fiscal and economic reforms are negotiated in the Government of National Unity (GNU).

Sustaining Progress: A Five-Year Journey Towards a Green Economy

Join BUSA and BASA at Sustaining Progress 2025, South Africa's premier ESG and investment conference, on 6 March 2025 in Johannesburg and online, with a keynote by Minister Dion George on advancing the green economy.

Postponement of the 2025 Budget

BASA's response to the postponement of the 2025 Budget Speech. While policy uncertainty is a concern, BASA hopes the extra time will produce a budget that prioritises economic stimulus and infrastructure alongside sustainable social spending.