Cabinet was concerned that the decision by the country’s big four banks to cut ties with the Gupta-owned Oakbay Investments would deter investors, planning minister Jeff Radebe said on Friday. “While cabinet appreciates the terms and conditions of
Browsing: Nedbank
Employees of Gupta-owned Oakbay Investments marched to major banks on Tuesday to demand that the company’s accounts be reopened. Armed with placards with phrases such as
Cabinet has welcomed the official launch of the eChannel pilot project of the department of home affairs, which makes ID applications simpler through technology. The project was launched by President Jacob Zuma earlier this month. The new
About 7 500 employees at Oakbay Investments will lose their jobs at the end of May if the Gupta-owned company’s bank accounts remain closed, staff at the company wrote in an open letter
The process of registering a company in South Africa is now a simpler, seamless process, said trade & industry minister Rob Davies. Davies was speaking at the launch of the partnership between the Companies and Intellectual Property Commission and Nedbank, which sees
South Africa’s big four retail banks have been steadily cutting the number of (costly) branches in recent years. That’s no surprise, given the shift in transactional banking to electronic channels. Those transactions that still need some form of physical
While there’s been an outsize (and bizarre) outcry about First National Bank’s decision to close somewhere between 25 and 40 branches in a round of “optimisation”, the country’s big four retail banks have been steadily cutting the number of branches for years
The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday
Government, with the help of banks, plans to replace 38m green ID books with smart ID cards within five years. This is according to home affairs minister Malusi Gigaba, who on Wednesday announced new pilot phases for South Africa’s proposed smart ID card project
Capitec came out tops for its social media performance among South Africa’s banks, according to the 2014/2015 Ubiquity Social Intelligence Report released on Wednesday. Capitec was also the only bank to receive a net positive opinion on social media