10/20/2021

The SARB’S policy proposals in respect of Open Banking

Open APIs do not involve the sharing of login credentials and are widely considered a more secure way of giving third-party providers access to customers’ financial information to enable the provision of enhanced services than screen scraping.

10/20/2021

Credit Suisse fined US$200,664,504

Credit Suisse has also agreed with the FCA to forgive US$200 million of debt owed by the Republic of Mozambique as a result of these tainted loans.

10/18/2021

Monetary Policy in Challenging Times

Monetary policy is very significant because it determines the growth of liquidity or money supply in the economy and its relation to the growth of production.

10/15/2021

PwC: Tax Tribunal Rules against fair hearing

Analysing the provision in Tax Alert published on its website, PwC stated that the 50 per cent requirement to be paid of a yet to be determined tax liability inhibits the right to fair hearing and justice in addition to conflicting with an enabling law.

10/06/2021

Reserve Bank model shows rate hikes coming for South Africa

The stronger-than-expected economic recovery in the first half of 2021, when output rose 7.5% from a year earlier, suggests inflation pressures may be stronger than initial predictions. Price increases are already around 4.5% where the central bank prefer