News Archive - Page 6 of 35 - The Banking Association South Africa

News

Business Unity South Africa Mourns the Passing of Former Minister of Finance and Reserve Bank Governor Tito Mboweni

Johannesburg, 14 October 2024 – Business Unity South Africa (BUSA) is profoundly saddened by the passing of Tito Mboweni, former Governor of the South African Reserve Bank and esteemed Minister of Finance. Tito's contributions to South Africa's economic landscape were transformative and will be remembered for years to come.

Banks are hunting for South Africans with these skills

South Africa’s banking landscape has seen a seismic shift over the past decade, driven largely by the rise of digital banking, and the legacy banks are hunting for South Africans with skills in technology, data analytics, and customer experience management.

SABRIC Urges People to Be Wary of Fraudulent Investment Schemes

The South African Banking Risk Information Centre (SABRIC) urges the public to exercise extreme caution as banks report a significant rise in the involvement of bank customers in fraudulent investment schemes. These scams, which promise high returns with little to no risk, have already affected thousands of customers.

All the Bank Branches Where South Africans Can Get a Smart ID and Passport – With More on the Way

South Africans can get their Smart IDs and passports from 30 bank branches across South Africa, and more are likely on the way.

Phishing

Phishing emails request that users click on a link in the email which will direct users to a “spoofed” website, which is a site designed to fool users into thinking that it is legitimate to obtain, verify or update contact details or other sensitive financial information.

BUSA on Pravin Gordhan Passing

Business Unity South Africa (BUSA) mourns the passing of Pravin Gordhan, a stalwart in South African public life and governance. His legacy, built on a foundation of activism during the anti-apartheid struggle, was cemented through his leadership as SARS Commissioner, Minister of Finance, and various other cabinet positions where he served with integrity and a commitment to transparency.

Sabric & DoJ Join Forces

Corruption in South Africa has been a significant issue, impacting various levels of government and sectors of society. It affects public trust, economic development, and overall governance.

Unstoppable You: Programme

Bank Home Loans Statement

Every bank has its own business and risk criteria for extending home loans and other forms of credit – race is certainly not one of them. South Africa’s banks hold in trust the savings and salaries of South African workers, professionals and businesses. This makes up approximately 75% of the funding of banks and they have a fiduciary responsibility to protect these depositors’ funds.

Solar Loan Deadline Looming

In the past year, at least three banks launched loans with low interest rates that form part of the national government’s Energy Bounce-Back (EBB) Loan Guarantee Scheme.