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This Week's News
IOL - South Africa's Reserve Bank faces pressure to recover billions lost in Steinhoff scandal - 10/2/2025
The South African Reserve Bank (SARB) remains in the spotlight as the Standing Committee on Finance continues its investigation into the billions in retirement funds allegedly siphoned off during the Steinhoff saga.
For the complete story, see: https://www.iol.co.za/business-report/economy/south-africas-reserve-bank-faces-pressure-to-recover-billions-lost-in-steinhoff-scandal-8959e172-5f7d-4704-8bd3-f0e5525822e7#google_vignette
Sunday Mail - Transformation at the top still confronts SA banking sector - 9/2/2025
The banking Association South Africa (BASA) has revealed that the sector is falling short of some of its transformation goals, with only 36 percent black people in top senior managerial roles, against a target of 60 percent.
For the complete story, see: https://www.sundaymail.co.zw/transformation-at-the-top-still-confronts-sa-banking-sector
Tech in Africa - Tech Giant IBM Exits Direct Operations in West African Markets - 9/2/2025
IBM has announced the transfer of its operations across multiple African markets to MIBB, a Midis Group subsidiary.
For the complete story, see: https://www.techinafrica.com/tech-giant-ibm-exits-direct-operations-in-west-african-markets/
Other Stories
Business Standard - StanChart appoints former South African bank CEO Ramos as new chair - 4/2/2025
The Africa Report - Fintechs doing 'phenomenal job' at banking small merchants, says Visa's Aida Diarra - 4/2/2025 Business Times - Reserve Bank moving to streamline payment systems, reduce cash usage - 2/2/2025
Asian Banking and Finance - AEON Bank told to improve measures against money laundering and terrorism financing - 2/2/2025
Tech Africa News - Old Mutual Nears Launch of Digital-First Bank - 30/1/2025
Media Releases
No new media release for this week.
Latest Research
Renewable energy, banking sector development, and carbon dioxide emissions nexus: A path toward sustainable development in South Africa - By Ahmed Samour, Delani Moyo & Turgut Tursoy
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News and Commentary
IOL - South Africa's Reserve Bank faces pressure to recover billions lost in...