Sasfin’s bold move in Business Banking, hiring former TymeBank CEO
Sasfin has announced that Sandile Shabalala will join them as Chief Executive of Business and Commercial Banking. He will commence the position on January 2nd.
Sasfin
Sasfin half year earnings jump 60%
Sasfin Financial Director Angela Pillay says the growth is primarily due to an improved credit loss ratio and a normalisation of the tax expenses.
Azar Jammine: KPMG, McKinsey furore is already hitting SA’s economy
Azar Jammine assess the KPMG/Gupta fallout, concluding that the damage is already being seen in SA’s currency which is reflecting a further decline in investor perceptions.
Another one bites the bullet – Sasfin fires KPMG after 18yrs of service
Sasfin said it’s firing KPMG as its independent sponsor and searching for a new auditor, becoming the second company to announce it has dumped the firm because of work it did for the politically connected Gupta family.
KPMG, McKinsey feel the graft heat as Zuptoids walk the line of no consequences
As global companies implicated in a graft scandal in SA scramble to contain the damage to their reputations, politicians and law enforcement agencies are prevaricating and stalling official investigations.
Walls caving in: JSE warns Gupta-owned Oakbay that it could be suspended
The JSE is considering suspending Gupta-owned Oakbay Energy and Resources because it longer has an audit committee chairperson, sponsor or transfer secretary.
Sunil Shah apologises to Sasfin, Intergro…leases not subject to NCA
The Sunil Shah, Sasfin, Intergro rental agreement was well documented on Biznews and here is Shah’s final say on the matter.
Right of replies: Sasfin, Sunil Shah both respond
Banking and financial services group Sasfin responds to Sunil Shah’s article on photocopier rental agreements. He in turn writes back.
Lack of sponsor may see Oakbay’s JSE listing suspended
Oakbay Resources, the company controlled by the Gupta family, may have its listing suspended by the Johannesburg Stock Exchange.
Oakbay’s shrinking net – more SA companies join Gupta exodus
Mutual and Federal joins several other companies in cutting links with Oakbay Investments, the company at the centre of a political influence scandal.