Uncertainty over the future of Finance Minister Nhlanhla Nene is leaving markets jittery, in a development the Banking Association of South Africa (Basa) has described as “unfortunate”.
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Basa: Nhlanhla Nene fears worsening ‘jittery’ markets
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Treasury letter – Sassa should not have disqualified Post Office
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A letter by National Treasury to acting South African Social Security Agency (Sassa) CEO Pearl Bhengu says the agency should not have disqualified the South African Post Office (SAPO) from three possible services in the social grants scheme. Treasury was given a week last Wednesday to review all the deal points of the then-collapsing deal..
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Banks go on the offensive to parry political attacks
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South Africa’s banks have gone on the offensive after being criticised by some politicians over their lending practices and records in addressing racial inequality. Attacks on the lenders have been led by Jacob Zuma, who’s accused them of monopolising the financial services industry, and questioned whether they colluded when closing accounts belonging to members of..
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