More than 7,700 official complaints have been lodged with the Ombudsman for Banking Services in South Africa, who published their annual report for the 2020 financial year, which contains the most common complaints against banks, as well as bankers, because the relationship between larger customers and the banker is also in the report. 6,472 complaints were received the previous year (2019).
Continue reading…
SA Banking Ombudsman Reveals Most Common Complaints about Banks & Bankers – FNB had Most Complaints!
Posted on Leave a comment
Bloemfontein succumbs to the African Way and is placed under administration – governance has totally collapsed. Like Eskom, black management have no solutions…
Posted on Leave a comment
Only the ruins of a once proud Bloemfontein, once called Die Rosestad, have remained, and the metro administration is now in a position where it simply can’t manage itself anymore. It is the first metro in the country that has totally collapsed. So says Professor Andre Duvenhage, currently a political analyst at the North West University, who stayed 17 years in Bloemfontein.
Continue reading…
Nashua’s CEO resigns and plans to emigrate – He is one of hundreds of senior executives leaving the country because of government’s discriminatory measures to harm whites in the workplace
Posted on Leave a comment
Mark Taylor, Nashua’s Chief Executive Officer and CEO of Reunert, resigned from both positions in preparation for his “departure” from the country. His resignation at Reunert as head of the Information Communication Technology Division comes into effect on October 1, 2019. He plans to emigrate in 2020. Taylor has worked in executive positions at Nedbank,..
Continue reading…
Nedbank warns ANC-regime that there is a 10% chance that SA is heading for a Ramaphobia scenario
Posted on Leave a comment
Nedbank used their semi-annual report to issue a strict warning to the government. According to the report, there is a 10% chance that South Africa is heading for a Ramaphobia scenario. It involves the infighting in the ANC, the battle being lost against corruption, more downgrades, power cuts with increasing tensions and social unrest. Nedbank..
Continue reading…
These South African companies are retrenching staff in 2019 – Most probably BEE compliant as well – Unemployment has already soared to 27.5%
Posted on Leave a comment
Multichoice has joined the bandwagon of South African companies that are cutting jobs to stay afloat in these difficult times. Why are these South African companies retrenching staff? The satellite network stated that, although billions of rand in returns were reported for the 2018/2019 financial year, consumer behaviour and data on their digital self-service shows..
Continue reading…
Nedbank pockets R780m from the parastatal Transnet -Nedbank is the latest in a long list of private sector companies to be implicated in state capture
Posted on Leave a comment
The banking sector will be rocked by allegations of corruption this week, when Transnet tells the commission of inquiry into state capture about Nedbank’s involvement in a controversial deal which saw the bank pocket R780 million from the parastatal. This week, Transnet’s acting chief executive, Mohammed Mahomedy, will appear before the state capture inquiry where..
Continue reading…
The ANC wants banks to be forced to fund SA coal mines, well you are not a party anymore, you are now BANK-ROBBERS and THIEF’S
Posted on Leave a comment
South Africa’s banks should be forced to invest in new coal mines in the country, the ANC’s head of economic transformation has said. Nedbank and Standard Bank have said “they are not going to put money in coal anymore,” Enoch Godongwana said in an interview on Carte Blanche. “To me, that’s an invitation for prescribed..
Continue reading…
Nedbank create over 3 000 jobs, exclusively for young blacks of the Youth Employment Service (YES) program, which don’t have any young white candidates, now this is discrimination against young white South Africans
Posted on Leave a comment
Cyril Ramaphosa’s Youth Employment Service (YES) programme is already paying dividends, as Nedbank created, thousands of jobs for the youth. Lebogang Sothoane is among the 3 315 young people, who on Thursday were inducted into Nedbank’s workforce through the Youth Employment Service (YES) initiative. This brought an end to the 27-year-old’s four-year journey to find..
Continue reading…
Nedbank scraps debt of R14 million to so-called disadvantaged pensioners but cannot confirm whether white people will also be accommodated
Posted on Leave a comment
Nedbank has written off debts owed by pensioners, disabled people and homes managed by children. People who owe less than R150,000 to the bank and whose municipal debt is less than R10,000 are affected by the write-off. Nedbank could not confirm whether white pensioners would also be accommodated. Thirty-three title deeds were handed over by..
Continue reading…
Basa: Nhlanhla Nene fears worsening ‘jittery’ markets
Posted on Leave a comment
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”.
Continue reading…