Banking & Money Tips articles

Abil pulling everyone down

20 August 2014 · Staff Writer

After the collapse of African Bank, Moody's has downgraded other South African banks, despite SARB stating that the banking climate is a healthy one.  

Freefalling Abil shares - where is your money now?

14 August 2014 · Staff Writer

African Bank shares plummeted last week, and trading was closed on the JSE. What can shareholders do now?  

NCR in hot water over Abil

11 August 2014 · Staff Writer

The NCR has landed in hot water with the DCI for failing to properly invesitgate African Bank's reckless lending. 

African Bank shares plummet

7 August 2014 · Staff Writer

Faith in African Bank has disintegrated, causing shares to continue to plummet. But is this perhaps the right time to buy?

Nedbank admits R1.6bn R699 car scheme exposure

5 August 2014 · Staff Writer

Nedbank's MFC has admitted exposure of R1.6bn to the R699 car deal scheme. It said this after Absa said it was exposed up to R700 million.

Bank exposure to R699 scheme totals R2.7 billion

5 August 2014 · Staff Writer

Standard Bank has financed thousands of R699 scheme clients to the value of R468 million. 

10 Ways to reduce your bank fees

14 July 2014 · Staff Writer

Withdrawal and over the counter transaction fees can all add up. Change your banking habits now and save money on bank fees. 

FNB systems error results in double debits

7 July 2014 · Staff Writer

An FNB blunder over the weekend got customers all hot under the collar. 

Capitec not off the hook with regulator

23 June 2014 · Staff Writer

The NCR has alleged that Capitec breached credit laws. Last time it lost its case but it has appealed the decision. 

FNB raises Easy Account fees

9 June 2014 · Staff Writer

We compared FNB's EasyAccount to other affordable bank accounts to rate its affordability now that FNB plans to raise the account's fees. 

Pasa to tighten rules on debit orders

4 June 2014 · Staff Writer

The Payments Association of South Africa will be enforcing stricter rules to curb incidents of illegal debiting.

Capitec to offer home loans

2 June 2014 · Staff Writer

Capitec have concluded a co-operation agreement with SA Homeloans to offer home loans.