Experts say the banking system is as advanced as that in Europe but its antiquated infrastructure is difficult to modernise

There are about 30 African countries where tontines are used, and 14 in Asia. In South Africa, it is known as a stokvel

The big South African banks’ decision to stop serving Sekunjalo is unjustified, and we are fighting back in the courts and the Competition Tribunal

When faced with the choice between protecting the interests of people and making a profit, even the most benign corporations will choose the latter.

South Africa, the continent’s largest emitter, is not among several African countries that joined the UK-led coalition committing to phase out the fossil fuel

People plundering shops and malls has spread, leaving a trail of devastation and loss of income and jobs

A Just Share report on the AGMs of seven of SA’s biggest financiers found their climate commitments show promise, but timelines remain sketchy

Low interest rates usually encourage spending, but uncertainty created by the pandemic has driven people to save their cash in hard times

The scramble to find cash for an SAA bailout, Covid-19 grants and civil servants’ demands force postponement of mini-budget

Heavily indebted, South Africans turn to loan sharks rather than banks for short-term relief, while business resists borrowing from banks due to economic uncertainty

Companies must behave like model democratic citizens if they are to earn and retain society’s social licence to operate

The regulations aim to prevent money laundering and financing terror organisations, but implementing them is proving to be difficult

Incomes are on the line because only 100% South African-owned businesses qualify for assistance

But the church has fallen into the worldly trap of placing money and comfort above God

Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity

Although one independent evaluation shows that some banks have been shedding jobs, other banks are hiring

Banks aren’t following procedure in selling the primary dwellings of people whose properties are in foreclosure. But changes to the rules brings hope

AI is only as clever as the data it’s fed and its financing decisions can be distorted by sexist, racist information

Despite sustained attacks from banks in the forex hearings, the Competition Commission remains confident of its case

Delays in signing the amendments into law had caused anxiety in the banking sector.