Catch 22 for SARB policymakers – an erosion of basic monetary policy
Colleen Goko highlights a severe crisis that South Africa is facing which is challenging a fundamental principle of monetary policy.
Colleen Goko highlights a severe crisis that South Africa is facing which is challenging a fundamental principle of monetary policy.
The term “run on the bank” and “bank runs” are being searched on google now more than ever before – on events that do not appear to be bank runs at all.
Most South African banks don’t charge additional transaction fees for rand-based payments to international merchants.
What a difference twelve months can make – as we were reminded during South African President Jacob Zuma’s State of the Nation address last week.
The Internet created tens of millions of new jobs (i.e 9m java programmers alone) and Blockchain will do the same.
Capitec’s excellent performance (earning and dividends up 26% last year; 1m new clients) shows what happens when an organisation keeps up with technology.
Big business should pay their bills on time. It will make a minimal difference to their financial situation. But will reduce the 80% startup failure rate.
Mondays I often wonder what Lucy Kellaway’s curious mind will share with us. Today she takes a look at our looks.
Barclays Plc may see its workforce shrink by about a fourth in coming years as the firm carries out existing programs to reduce costs.
Biznews community member Eddie Connell, who works in Guinea, says the banks are steamrolling him into transactions to benefit from the weakening South African Rand.