Explore the Category

BankservAfrica’s Economic Transactions in March remains positive in the short-term

12 April 2017

The recent uptick in the South African domestic economic activity is reflected in the latest BankservAfrica Economic Transaction Index (BETI) where March was the third consecutive month of real gains after taking inflation into account.

After the dust settles, we may come out ok

12 April 2017

It has been nearly two weeks since The Night of the Long Knives where Pravin Gordhan was fired as Minister of Finance. As the dust begins to settle, what will the ramifications of this decision be?

Fitch downgrades SA to junk status, but outlook revised to stable

10 April 2017

Similar concerns led Fitch Ratings agency to downgrade the country’s long-term foreign and local currency ratings by one notch from BBB- (investment grade) to BB+ (junk status).

Reshuffle, ratings and recoveries – KPMG takes a closer look

06 April 2017

On 30 March 2017, President Jacob Zuma announced a reshuffle of his Cabinet. Across the country, South Africans united behind the idea that there was little merit in these changes. Even African National Congress (ANC) Secretary General Gwede Mantashe expressed discomfort with the fact that well-performing ministers were removed from Cabinet while underperforming ministers were left in the executive. Specifically, there was widespread outrage about the dismissal of Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, with ANC Deputy President Cyril Ramaphosa saying that this was “unacceptable”.

quick poll

Question

The strongest deterrent against FSP compliance missteps is or should be:

Answer

A criminal conviction Debarment Fine or penalty Any of the above can work

View the Results