08/20/2018
The BoG on August 1, 2018, announced the revocation of universal banking licences of five banks and subsequently created the Consolidated Bank to take over selected assets and liabilities of the five institutions.
08/16/2018
Beyond this racial economic divide, young South Africans have been hit hard by current economic conditions, as more than one out of every three young South Africans were not in employment, education, or training in the first quarter of 2018.
08/16/2018
According to him, the amount being used to save the banking sector could easily have gone into direct government policies like maternal health care or free Senior High School which would have been of direct benefit to the populace.
08/15/2018
South Africa does not have significant energy deposits but has a large, albeit struggling, mining industry.
08/13/2018
The other 15 countries lay somewhere in the middle, largely declining to regulate them directly, stating that bitcoin and other cryptocurrencies fall under a legal gray area and warning investors against investing in them.
08/12/2018
Rising Citizen Expectations, Rapid Technological Change, and Increasing Complexity Are Putting Major Pressure on Government—and Making the Traditional Hierarchical Public-Sector Structure Dangerously Outdated