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13 Apr 2020
Absa executive directors and prescribed officers forego 33% of pay for three months

The rapid spread of COVID-19 infections across the world is the most serious public health challenge the world has faced…

Absa executive directors and prescribed officers forego 33% of pay for three months

The rapid spread of COVID-19 infections across the world is the most serious public health challenge the world has faced in decades.

11 Apr 2020
FirstRand leadership team to forego 30% of April, May and June salaries

FirstRand Limited today announced that the group’s CEO, COO and CFO, and the CEOs of its largest businesses, FNB, RMB…

FirstRand leadership team to forego 30% of April, May and June salaries

FirstRand Limited today announced that the group’s CEO, COO and CFO, and the CEOs of its largest businesses, FNB, RMB and WesBank, will forego 30% of their salaries for three months.

08 Apr 2020
Covid-19: Impact on banks, non-insurance financial institutions & expectations on regulated entities

In response to the Covid-19 emergency, the South African Reserve Bank (Reserve Bank) and the South African financial sector regulators,…

Covid-19: Impact on banks, non-insurance financial institutions & expectations on regulated entities

In response to the Covid-19 emergency, the South African Reserve Bank (Reserve Bank) and the South African financial sector regulators, the Prudential Authority and the Financial Sector Conduct Authority (FSCA), have implemented several mitigation measures to support the economy and companies.

06 Apr 2020
Prudential Authority to support banking system in response to COVID-19

The Prudential Authority (PA) of the SA Reserve Bank (SARB) says it welcomes the measures taken by banks to support…

Prudential Authority to support banking system in response to COVID-19

The Prudential Authority (PA) of the SA Reserve Bank (SARB) says it welcomes the measures taken by banks to support their customers during the present period of economic turmoil and uncertainty brought on by COVID-19.

06 Apr 2020
Standard Bank confirms relief through Credit Life Insurance products

Standard Bank wishes to advise its customers on potential relief through its credit life insurance products.

Standard Bank confirms relief through Credit Life Insurance products

Standard Bank wishes to advise its customers on potential relief through its credit life insurance products.

02 Apr 2020
RMB: Partnerships now vital to keep SA’s business wheels turning

Banks, businesses, government, regulators and the broader financial services sector need to pull together like never before in a constructive…

RMB: Partnerships now vital to keep SA’s business wheels turning

Banks, businesses, government, regulators and the broader financial services sector need to pull together like never before in a constructive partnership to help guide South Africa through what will be an extremely difficult economic period, the full scale of which is as yet unknown.

02 Apr 2020
Nedbank pledges funds to help alleviate the COVID-19 pandemic

edbank has committed to helping alleviate hunger and provide emergency relief to the most vulnerable South African communities during the…

Nedbank pledges funds to help alleviate the COVID-19 pandemic

edbank has committed to helping alleviate hunger and provide emergency relief to the most vulnerable South African communities during the current Coronavirus (COVID-19) pandemic that has gripped the country and the world at large.

01 Apr 2020
Credit life is one of the options to provide relief to customers impacted by COVID-19

As consumers continue to weigh the impact of COVID-19 on their finances, many will be considering options to protect themselves…

Credit life is one of the options to provide relief to customers impacted by COVID-19

As consumers continue to weigh the impact of COVID-19 on their finances, many will be considering options to protect themselves from financial difficulties.

31 Mar 2020
Nedbank to facilitate loans to small businesses on behalf of South African Future Trust

Nedbank said in a statement today that it welcomes the launch of the South African Future Trust (SAFT), established by…

Nedbank to facilitate loans to small businesses on behalf of South African Future Trust

Nedbank said in a statement today that it welcomes the launch of the South African Future Trust (SAFT), established by Nicky and Jonathan Oppenheimer, and is proud to announce that it will help facilitate the distribution of loans to small businesses on behalf of SAFT.

30 Mar 2020
FirstRand establishes SPIRE: The South African Pandemic Intervention and Relief Effort

Today FirstRand Limited announced the objectives of its SPIRE intervention and relief effort, which aims to assist Government and its…

FirstRand establishes SPIRE: The South African Pandemic Intervention and Relief Effort

Today FirstRand Limited announced the objectives of its SPIRE intervention and relief effort, which aims to assist Government and its partners in mitigating the impact of COVID-19 rapidly and at scale.

Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za