Explainer: what happens when a bank is put into curatorship: South African Reserve Bank Governor, Lesetja Kganyago. GCISThe South African Reserve Bank has placed a small bank – VBS Mutual Bank – under curatorship. The decision was based on concerns that the bank was facing a liquidity crisis and could collapse, devouring depositors’ funds. Some have criticised the decision. … [Read more...] about Explainer: what happens when a bank is put into curatorship | The Conversation
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South Africa:Capitec Bank Responds to Vicerory Report
South Africa:Capitec Bank Responds to Vicerory Report: [JSE Sens] We refer to the earlier announcement on SENS today advising shareholders of concerns about the integrity of a report by Viceroy Research on Capitec and advising shareholders that management will review the report in detail and will respond to same before the end of today. ...... Source: WN.com - Southafrica … [Read more...] about South Africa:Capitec Bank Responds to Vicerory Report
RS Components adds Cressall’s range of resistors and portable load bank units to portfolio for industrial applications
RS Components adds Cressall’s range of resistors and portable load bank units to portfolio for industrial applications: RS697-Cressall Photo: RS Components Johannesburg, South Africa, 25 January, 2018 – RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), the global distributor for engineers, has signed a distribution agreement with Cressall, a … [Read more...] about RS Components adds Cressall’s range of resistors and portable load bank units to portfolio for industrial applications
Boschendal at Oude Bank adds Farm-to-Table Dynamic to Stellenbosch’s Dining Scene
Boschendal at Oude Bank adds Farm-to-Table Dynamic to Stellenbosch’s Dining Scene: For many Cape Town residents and travelers, there can be nothing like a well-deserved holiday day trip to the Winelands complemented with a flavourful breakfast and lunch in one of the Cape’s historic, Oaktree laden towns. Stellenbosch’s new bakery, bistro and farm shop, Boschendal at Oude Bank, … [Read more...] about Boschendal at Oude Bank adds Farm-to-Table Dynamic to Stellenbosch’s Dining Scene
What South Africa’s Reserve Bank can — and can’t — do about illicit financial flows | The Conversation
What South Africa's Reserve Bank can -- and can't -- do about illicit financial flows: South African Reserve Bank deputy governor and registrar of banks, Kuben Naidoo, has the tough task of curbing money laundering. Supplied by SARBDeveloping nations are facing a rising wave of illicit financial flows and money laundering. In South Africa the country’s Reserve Bank is at the … [Read more...] about What South Africa’s Reserve Bank can — and can’t — do about illicit financial flows | The Conversation
