ESG disclosure demands increasing across Africa
17 Oct 2024
Financial Service Intelligence Watch
* Sustainability-related disclosures are rapidly evolving across Africa, driven by heightened awareness of environmental, social, and governance (ESG) issues and growing accountability in business practices. Philippa Burmeister, partner and principal environmental scientist at SRK Consulting, highlights that the Johannesburg Stock ...
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Grey list status threatens South Africa’s economic progress
17 Oct 2024
Financial Service Intelligence Watch
Paul Hoffman, writing for Business Day, highlights the urgency expressed by business leaders to get South Africa off the Financial Action Task Force (FATF) greylist, which flags countries failing to meet standards on combating money laundering and terrorism financing. Although ...
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Local banks cautious as global CBDC adoption accelerates: ...
17 Oct 2024
Financial Service Intelligence Watch
As central banks worldwide dive into the digital asset space with pilots of Central Bank Digital Currencies (CBDCs) and blockchain technology, local banks remain cautious, writes Sergio Barbosa, Chief Investment Officer at Enterprise Software Development, in a recent Cape Times ...
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FSCA slaps 10-year ban and R3m fine on ...
17 Oct 2024
Financial Service Intelligence Watch
The Financial Sector Conduct Authority (FSCA) has concluded its investigation into Gundo Wealth Solutions (Pty) Ltd, now known as Private Wealth Insight (Pty) Ltd, and its key individual, Mr. Ralliom Razwinane. The investigation found that Mr. Razwinane had advised the ...
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