Author

 
  Renee Bonorchis

Renee Bonorchis

    Bank of Baroda begins closing Gupta-linked accounts
    Bank of Baroda begins closing Gupta-linked accounts
    The Bank of Baroda’s South African unit has started closing accounts of companies controlled by the Gupta family, according to three people...
    Barclays Africa apologises for its role in rand-fixing
    Barclays Africa apologises for its role in rand-fixing
    Barclays Africa apologised for its role in a rand-fixing affair involving more than a dozen banks, saying that it alerted regulators about the...
    Competition Commission seeks to fine banks for rigging rand
    Competition Commission seeks to fine banks for rigging rand
    The Competition Commission said it found that more than a dozen international and local banks colluded to manipulate foreign-currency trades and...
    Standard Bank seeks to stop Zuma from intervening in Gupta Case
    Standard Bank seeks to stop Zuma from intervening in Gupta Case
    Standard Bank asked the High Court to prevent President Jacob Zuma and any of his ministers from intervening in its decision to close accounts of...
    Medium to high risk that SA credit-rating will be cut to junk – SARB
    Medium to high risk that SA credit-rating will be cut to junk – SARB
    There is a medium to high probability that South Africa’s debt will be downgraded to non-investment status, according to the country’s central...