4 changes coming to schools in South Africa

The Department of Basic Education (DBE) is planning a number of changes to national assessments and examinations at the schools in South Africa. Language changes In its annual performance plan for 2021/2022, the department said…

Here’s how much money you need to be…

South Africa has one of the highest rates of income inequality in the world, making it difficult to determine how much money it takes to be considered ‘wealthy’. This issue is exacerbated by the fact…

Transformation and BEE is broken in South Africa…

The Banking Association of South Africa (BASA) has published its transformation in banking report, detailing the progress made by banks in transforming the industry and increasing economic inclusiveness and empowerment. The report shows that the…

Rating agency’s confidence in Thailand pleases PM

Prime Minister Prayut Chan-o-cha (File photo: Wichan Charoenkiatpakul) Prime Minister Prayut Chan-o-cha has welcomed confirmation by the Japan Credit Rating Agency (JCR) that the Thai economy's outlook is stable despite the economic impact of Covid-19.The…

Plan to introduce new bank cards in South…

The Free Market Foundation (FMF) has warned against the South African Reserve Bank’s (SARB’s) proposal to introduce domestic debit cards. In a consultation paper published on 2 March, the central bank said that it was conducting an…

Face verification can soon be used to withdraw…

OCBC Bank announced on Mar. 18 that users can check their account balances at eight of its ATMs around Singapore with face verification starting from March 19, 2021. The introduction of facial biometrics for ATM…