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Regulator gives nod for Old Mutual to launch a bank

The Reserve Bank’s Prudential Authority has given financial services group Old Mutual the go ahead to establish a bank, which is expected to compete with established players, particularly the likes of Capitec.

South-africa , World-war , Sunday-times , Old-mutual-bank , Iain-williamson , Bank , Bt , Reserve-bank , Prudential-authority , Mutual , Capitec

Cop in court as co-accused in KPMG R16.5m fraud case

A metro cop and his co-accused allegedly used their companies to siphon some of the R16,5m allegedly stolen from auditing firm KPMG and also tried to recruit others into the scheme.

Sigubudu , Eastern-cape , South-africa , Joseph-olifant , Isaac-mahamba , Sen-supt-isaac-mahamba , Lebogang-sigubudu , Fidelis-moema , Kpmg , Moema , Dumisani-mabunda

NPA unit attaches four houses of theft-accused DRC defence official

The sheriff of the court also attached two bank accounts, with balances of R35m and R224,000

Congo , Johannesburg , Gauteng , South-africa , Northcliff , Pretoria , Lumka-mahanjana , Ngoy-timothee-makwamba , Financial-intelligence-centre , Denel-group , National-prosecuting-authority , Brig-ngoy-timothee-makwamba

AFU attaches four houses of former DRC defence attaché accused of theft

The National Prosecuting Authority's Asset Forfeiture Unit obtained a preservation order of R43m to attach property belonging to Brig Ngoy Timothee Makwamba, who was the DRC’s defence attache to South Africa.

Northcliff , Gauteng , South-africa , Pretoria , Johannesburg , Congo , Lumka-mahanjana , Ngoy-timothee-makwamba , National-prosecuting-authority-asset-forfeiture-unit , Financial-intelligence-centre , Denel-group , National-prosecuting-authority

WENDY KNOWLER | After being treated like a criminal, bank's stress payment was offensive

Standard Bank repossessed a car despite being financed by another bank altogether

South-africa , World-war , Sunday-times , Thauthau , Bank , Standard-bank , Nedbank , Us , Mfc , Bt , Wendy-col

After being treated like a criminal, bank's stress payment was offensive

Standard Bank repossessed a car despite being financed by another bank altogether

South-africa , World-war , Sunday-times , Thauthau , Bank , Standard-bank , Nedbank , Us , Mfc , Bt , Wendy-col

Trial goes on as Isis-linked couple's bid to remove judge fails

The pair are charged with the kidnapping and killing of botanists Rodney and Rachel Saunders in 2018.

South-africa , World-war , Sunday-times , Court , Shaheen-seedat , Esther-steyn , Isis , Safuydeen-del-vecchio , Ahmed-mussa-jackson , Mahen-naidu , Springfield

#VoteCottonFest | Cotton Fest hones in on elections as it returns to Johannesburg in April

"We focus on voting and how important the community’s voice is in shaping their future," Bianca Naidoo told TshisaLIVE.

Klipdrift , Free-state , South-africa , Riky-rick , Bianca-naidoo , Red-bull , Cotton-festival , Old-station , Coke-studios , Count-pushkin , Street-wine , Cotton-fest

Property sector bullish on rate cut effect

Growing consensus Reserve Bank will start easing policy in July.

South-africa , Tannur-anders , Reserve-bank , World-war , Sunday-times , Comment-policy , Interest-rates , Growthpoint , Nedbank , Business-times , Estienne-de-klerk

Kariega attorney arrested for fraud of nearly R2.5m

A Kariega attorney was arrested on Thursday after allegedly dipping into his employer’s coffers for almost three years and stealing more than R2m.

Kariega , Eastern-cape , South-africa , Devon-koen , Charl-marais , Comment-policy , Fraud , Gqeberha-commercial-crimes-court , Jc-attorneys-marais , Irene-cronj , Jc-attorneys