Standard Bank South Africa has beaten four banks in a tender bid to partner with the City of Joburg. The participating banks were subject to the same rules and requirements, in line with the prevailing legislation, the Municipal Finance Management Act (MFMA). The City had utilised the services of one of the big four […]
Tag Archives: banks
By Thandisizwe Mgudlwa So James Alt, the risk advisory senior manager at Deloitte Cape Town believes that the big corporate companies utilise innovation to produce cutting edge solutions for new technologies in order to remain market leaders. Where development of these new technologies is outsourced to service organisations, corporates are faced with a set […]
Commodity Futures Regulator Moves to Mandate Use of Service for All Regulated Brokerages BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ — Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. “PFGBest is […]
The introduction of the MasterCard Muvo card in Durban will herald the beginning of the end of carrying cash for bus fare in South Africa. Commuters using People Mover and Durban Transport buses throughout Ethekwini municipality in KwaZulu-Natal province will use the card to pay their fare. The card is powered by Standard Bank […]
LONDON, July 9, 2012 /PRNewswire/ — June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at […]
by Amat JENG Access Bank (Gambia) Ltd on Wednesday held its fifth Annual General Meeting (AGM) at the bank’s head office along Kairaba Avenue. Started with a required quorum, the meeting witnessed the Chairman board of directors of the bank, Bai Mattar Drammeh, declared total assets and contingents to have grown by 7.7% from dalasi […]
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