Firstsource Money News Today

An association of South African banks says members who are found to have brought the industry into disrepute could be

Banks that are found guilty of being involved in the so-called forex cartel should have their licences annulled, according to an expert.

Finance minister Enoch Godongwana could hint at the government possibly drawing from a R459bn special reserve account to augment revenue shortfalls when he delivers the medium-term budget on Wednesday.

The central bank’s findings fuel suspicion about a cover-up and is not in the best interests of the country

This week MoneywebNOW looked at local hedge funds, a criticism of Sarb’s ‘singular focus on interest rates, the fallout from supply chain disruptions, Black Friday trends, and gap capital for student accommodation.

Analysis of leisure stocks, Astral results and the role of central banks.

Redge Nkosi, executive director at Firstsource Money, proposes stabilising the economy without using interest rates.

Promoting private control of strategic sectors over state ownership flies in the face of fast-growing economies’ experience

The entities should take a leaf out of this young business’s book. It will save SA, a country frozen in a stench of death

SAs bank lending policies are ‘atrocious’, claims Redge Nkosi of Firstsource Money.