In this episode of Accounted For, host Sush and guest Bee dive into the recent fines imposed on Sasfin Bank by the Prudential Authority.
They also highlight industry leader Mathebe Molise and unpack key trends shaping the banking sector today. Tune in for expert insights into finance and leadership as we explore the following key question:
- What recent compliance issues did Sasfin Bank face, and what were the consequences?
- What are the primary responsibilities of the Prudential Authority in maintaining financial stability and consumer protection in South Africa?
- How does the South African banking industry contribute to economic growth and employment?
- What are some unique tax considerations for banks in South Africa, and how do they benefit from national tax incentives?
- What strategies are South African banks employing to expand into African markets?