Tags Banks

Tag: banks

South Africa's FNB opens in Tanzania

South African banks healthy, robust: SARB

South Africa's banking sector is healthy and robust, the South African Reserve Bank (SARB) said on Tuesday, adding that it disagreed with the decision by ratings agency Moody's to downgrade the country's "big four" commercial banks.

Banks and foreign exchange in South Africa

With a favourable exchange rate for many international currencies, you'll find South Africa an inexpensive destination. And an easy one - our financial institutions are world-class, with no shortage of banks, bureaux de change and automatic tellers.

Top-class investment expertise

There's a wealth of world-class expertise to help an investor establish a business in South Africa. Legal, management, banking and accounting firms are supported by chambers of commerce, embassies and government offices.
Treasury welcomes banking report

‘Promote SA as Africa financial gateway’

Promoting South Africa as a financial centre and investment "gateway" for the continent is imperative if the country is to benefit fully from the growing global investor interest in Africa, according to the National Treasury and the country's banks.
South Africa eyes cleaner fuels by 2013

Food, fuel drive consumer inflation

Consumer inflation breached the South African Reserve Bank's target range of 6% in November, driven by higher food and energy prices.
Emerging farmer breaks the mould

‘Huge opportunities’ in agri-BEE

There are huge opportunities for banks to get involved in the transformation of South Africa's agricultural sector by providing finance to small-holder farmers and farm workers, and advice to established farmers seeking BEE partners, says Standard Bank.

Gallery: Urban splendour in Sandton

A walk along the streets of Sandton’s upmarket corporate district reveals a range of high-rise banks, hotels, firms and living apartments, each boasting the very best in contemporary design. This is one of Johannesburg’s major investment destinations.

Banks extend hours during World Cup

Banks extend hours during World Cup

South African banks have extended their operating hours for the duration of the 2010 Fifa World Cup in a bid to provide a more effective service for foreign visitors.
R3bn for rural development

Food banks reach out to the needy

The government, working through four "food banks", has distributed up to 600 tons of food to more than 100 000 people since May, and plans to set up a food bank, complemented by a network of village food banks, in each of the country's nine provinces.
South Africans 'must start saving'

Strong outlook for SA banks: S&P

Ratings agency Standard & Poor's says the outlook for South Africa's banks is robust, with strong growth and minimal exposure to subprime mortgages likely to support profitability in 2008 and 2009.

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