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20 October 2025 Financial Service Intelligence Watch

Why Africa needs a fair Basel IV

Legalbrief Today

Africa faces a critical challenge in aligning global financial regulations like Basel III and IV with its developmental needs. Punki Modise, Absa Group executive, argues on News24 that while Basel standards ensure financial stability, their uniform application risks stifling Africa's economic growth by constraining infrastructure and inclusion-focused ...

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Sasfin Bank faces a landmark R4.8 billion lawsuit from SARS

In a case testing whether banks can be held liable for clients’ tax misconduct. SARS alleges the bank aided 19 companies in unlawfully transferring more than R8 billion offshore without paying taxes. Representing Sasfin, Advocate Wim Trengove SC argued that recognising SARS’s claim would expose South African banks to limitless ...

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Working Smart

By Lee Rossini

Delegation is an important leadership skill, particularly for business owners and senior managers. At its core, delegation is the process of assigning responsibility and authority to others to complete specific tasks or projects. While simple in concept, effective delegation requires trust, communication, and strategic oversight to ensure the right people are doing the right work and doing it well.

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