|
Financial Services Board (South Africa)
The Financial Services Board (FSB) was the government of South Africa's financial regulatory agency responsible for the non-banking financial services industry in South Africa from 1990 to 2018. It was an independent body which had a mandate to supervise and regulate the non-bank financial services industry in the public interest. This included the regulation of the biggest stock exchange in Africa the Johannesburg Stock Exchange. From 1 April 2018 the FSB was split into prudential and market conduct regulators. History The FSB was established in 1991 based on recommendations by the Van der Horst Committee to create an independent body to supervise and regulate the non-banking financial services industry. A number of additional acts later expanded and increased the role of the FSB. These included; In September 2004, the Financial Advisory and Intermediary Services Act (FAIS) expanded the mandate of the FSB to include aspects of market conduct in the banking industry. Financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Sector Conduct Authority (South Africa)
The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator and a successor agency to the Financial Services Board (South Africa) in South Africa South Africa, officially the Republic of South Africa (RSA), is the Southern Africa, southernmost country in Africa. It is bounded to the south by of coastline that stretch along the Atlantic Ocean, South Atlantic and Indian Oceans; to the .... References Financial regulation in South Africa 2018 establishments in South Africa Organisations based in Pretoria {{SouthAfrica-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (South Africa)
The Minister of Finance is a minister (government), minister in the Cabinet of South Africa who is the political head of the National Treasury (South Africa), National Treasury. The Minister of Finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the Minister of Economic Development (South Africa), Minister of Economic Development and the Minister of Trade and Industry (South Africa), Minister of Trade and Industry). The Minister of Finance is also responsible for the South African Revenue Service. List, 1910-present References External linksOfficial website {{SACabinet Government ministers of South Africa, Finance Finance ministers of South Africa, * Lists of political office-holders in South Africa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Regulatory Authorities Of South Africa
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African Reserve Bank
The South African Reserve Bank (SARB) is the central bank of South Africa. It was established in 1921 after Parliament passed an act, the "Currency and Bank Act of 10 August 1920", as a direct result of the abnormal monetary and financial conditions which World War I had brought. The SARB was only the fourth central bank established outside the United Kingdom and Europe, the others being the United States, Japan and Java. The earliest suggestions for the establishment of the Central Bank in South Africa date back to 1879. A select committee, of ten members of Parliament, was established on 31 March 1920 to examine the benefits to the national interest of the establishing of the central bank. Following on the recommendations of the committee, the South African Reserve Bank opened for business on 30 June 1921, making it the oldest central bank in Africa. The first banknotes were issued to the public by the Bank on 19 April 1922. Set of ZAR notes 2012 to present R 104 000 000 000.00 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of South Africa
The Economy of South Africa is the third largest in Africa and the most industrialized, technologically advanced, and diversified economy in Africa overall. South Africa is an upper-middle-income economy, one of only eight such countries in Africa. Following 1996, at the end of over twelve years of international sanctions, South Africa's Gross Domestic Product (nominal) almost tripled to a peak of US$416 billion in 2011. In the same period, foreign exchange reserves increased from US$3 billion to nearly US$50 billion, creating a diversified economy with a growing and sizable middle class, within two decades of ending apartheid. Although the natural resource extraction industry remains one of the largest in the country with an annual contribution to the GDP of US $13.5 billion, the economy of South Africa has diversified since the end of apartheid, particularly towards services. In 2019, the financial industry contributed US$41.4 billion to South Africa's GDP. In 2021, South Africa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Sector Conduct Authority
The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator and a successor agency to the Financial Services Board (South Africa) in South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri .... References Financial regulation in South Africa 2018 establishments in South Africa Organisations based in Pretoria {{SouthAfrica-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alexander Forbes Group Holdings
Alexander Forbes Group Holdings, commonly referred to as Alexforbes is a diversified financial services organisation. The company is headquartered in Johannesburg, South Africa, with a presence in two other countries on the African continent: Namibia and Botswana and in the Channel Islands through an offshore Jersey operation. The company offers employee benefits consulting (including healthcare), investment management, insurance and wealth management solutions to both corporate clients and individual customers. It is listed on the Johannesburg Stock Exchange (JSE) and its clients span both the private and public sector market segments on the institutional side, and individual members. The company’s principal geographic focus is South Africa (where it has been operating since 1935) sub-Saharan Africa and the Channel Islands. History Alexforbes operations date back to the consolidation of insurance agencies in South Africa in 1935, when the original business was founded as P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sanlam
Sanlam is a South African financial services group headquartered in Bellville, Western Cape, South Africa. Sanlam is the largest insurance company in Africa. It is listed on the Johannesburg Stock Exchange, the Namibian Stock Exchange and the A2X. Established in 1918 as a life insurance company, Sanlam Group has developed into a diversified financial services business. Its five business clusters comprise Sanlam Personal Finance, Sanlam Emerging Markets, Sanlam Investments, Sanlam Corporate and Santam. The group's areas of expertise include insurance (life and general), financial planning, retirement annuities, trusts, wills, short-term insurance, asset management, risk management and capital market activities, investment and wealth. The group operates in South Africa, Namibia, Botswana, Swaziland, Zimbabwe, Mauritius, Malawi, Zambia, Tanzania, Rwanda, Uganda, Kenya, Ghana, Nigeria, Mozambique, India, Malaysia and the UK, and has business interests in the US, Australia, Burund ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Busisiwe Mkhwebane
Busisiwe Mkhwebane is a South African advocate, prosecutor and ombudsman, who has served as the 4th Public Protector of South Africa from 2016 to 2022. Early life and education Mkhwebane was born in Bethal in the then Transvaal province (now Mpumalanga) on 2 February 1970, matriculating from Mkhephula Secondary School in 1988. She graduated with a BProc followed by an LLB from the University of the North (now the University of Limpopo). Subsequently, she obtained a diploma in corporate law and a higher diploma in tax from the Rand Afrikaans University (now the University of Johannesburg). In 2010 she completed a Masters in Business Leadership at the University of South Africa. Career In 1994 Mkhwebane joined the Department of Justice as a Public Prosecutor, thereafter from 1996 as Legal Administrative Officer in the International Affairs Directorate. In 1998, she joined the South African Human Rights Commission as a senior researcher. The following year, she joined the Publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Protector
The Public Protector in South Africa is one of six independent state institutions set up by the country's Constitution to support and defend democracy. According to Section 181 of the Constitution: * These institutions are independent, and subject only to the Constitution and the law. According to the Constitution, they must be impartial and must exercise their powers and perform their functions without fear, favour or prejudice. * Other organs of state, through legislative and other measures, must assist and protect these institutions to ensure the independence, impartiality, dignity and effectiveness of these institutions. * No person or organ of state may interfere with the functioning of these institutions. * These institutions are accountable to the National Assembly, and must report on their activities and the performance of their functions to the Assembly at least once a year. Public Protectors The first person to hold the office was Selby Baqwa, appointed on the incepti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern African Development Community
The Southern African Development Community (SADC) is an inter-governmental organization headquartered in Gaborone, Botswana. Its goal is to further regional socio-economic cooperation and integration as well as political and security cooperation among 16 countries in southern Africa. Member states As of 2022, the SADC has a total of 16 member states: Burundi has requested to join. The origin and history of the SADC The origins of SADC are in the 1960s and 1970s, when the leaders of majority-ruled countries and national liberation movements coordinated their political, diplomatic and military struggles to bring an end to colonial and white-minority rule in southern Africa. The immediate forerunner of the political and security cooperation leg of today's SADC was the informal Frontline States (FLS) grouping. It was formed in 1980. The Southern African Development Coordination Conference (SADCC) was the forerunner of the socio-economic cooperation leg of today's SA ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.svg "Click for more on -> Southern African Development Community")