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Ubank Press Conference: Remarks by the Governor of SARB
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Ubank Press Conference: Remarks by the Governor of SARB

ByDerrick Markotter

Remarks by the Governor of the South African Reserve Bank, Mr Lesetja Kganyago Press conference, 16 May 2022: Ubank Limited Members of the media, Thank you for being here today. We have called today’s press conference for an announcement in connection with Ubank Limited (Ubank). Ubank is a bank, duly registered as such in terms of the…

CCMA Guidelines Allow Attorneys At Hearings
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CCMA Guidelines Allow Attorneys At Hearings

ByDerrick Markotter

But chairpersons must be unbiased! BY   Ivan Israelstam, Chief Executive of Labour Law Management Consulting. He may be contacted on (011) 888-7944 or 0828522973 or on e-mail address: [email protected]. Go to: www.labourlawadvice.co.za. The CCMA Guidelines: Misconduct Arbitrations (The Guidelines) states that it is not unfair for employers to use third parties such as attorneys to…

Nedbank – Ratings Actions November 2017
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Nedbank – Ratings Actions November 2017

ByDerrick Markotter

Key points S&P Global has downgraded the South African long‐term local currency sovereign credit rating to subinvestment grade BB+ (stable outlook) from BBB‐ and the long‐term foreign currency sovereign credit rating to BB (stable outlook) from BB‐. This followed the earlier foreign currency debt downgrade to junk status in April. Moody’s has left its equivalent…