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Capitec CEO Gerrie Fourie

Capitec lodges opposition to reckless-lending charges

Provider of unsecured loans says it is not a payday lender, adds it is confident it can win against Summit Financial Partners, but is worried about reputational damage

JSE banking index falls after Moody’s changes outlook for banking system

Picture: MICHAEL ETTERSHANK

Moody’s said its negative outlook reflects its assessment that creditworthiness of South African banks likely to come under pressure in next 12 to 18 months

Standard Bank issues statement ahead of AGM

Standard Bank. Picture: MARTIN RHODES

Expense growth is higher than income growth for Standard Bank, amid economic conditions that remain challenging

Standard Bank on the case after Japanese criminals used bank cards for fraud

Standard Bank joint CEO Ben Kruger. Picture: ROBERT TSHABALALA/FINANCIAL MAIL

Standard Bank joint-CEO Ben Kruger says cards are prone to being used in fraud, especially if based only on magnetic strip technology, as is the case in Japan

Abil emerges from business rescue with cash remaining

John Evans. Picture: SUPPLIED

Suspended JSE listing has settled its debts in full and can proceed with operations, as business rescue practitioners stay on to safeguard assets


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