Capitec Bank faces R28m in Prudential Authority penalties after FICA breaches in customer checks, AML controls and training, with part of the fine suspended.
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Bitcoin (BTC) as a mainstream digital asset, is now increasingly becoming a key component of long-term asset allocation for South African investors.
South Africa set to scrap prime interest rate for new SARB system
South Africa's Reserve Bank plans to eliminate the prime interest rate, transitioning to repo rate loans and adopting ZARONIA, improving transparency in lending.
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Absa partners with EasyEquities to launch direct investing in its app, enabling 12 million customers to buy JSE-listed shares seamlessly from their banking profiles.
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