We are also going to be embarrassed because of this, this is a dangerous piece of legislation.— Jimmy Manyi
I don’t know how to respond to that [Jimmy Manyi’s claim that the Fica bill is a bid to bankrupt the ANC].— Cas Coovadia, Banking Association South Africa
The Money Show’s Bruce Whitfield interviewed Banking Association of South Africa Managing Director Cas Coovadia.
He attended Wednesday’s hearings on the Financial intelligence Centre Amendment Act that was sent back by President Jacob Zuma.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
All opinions basically said that the President’s concerns have no basis.— Cas Coovadia, Banking Association South Africa
The Bill is Constitutional.— Cas Coovadia, Banking Association South Africa
The international trend is to look at politically influential people; also in the private sector.— Cas Coovadia, Banking Association South Africa
It’s about fighting corruption… It’s clearly in the national interest!— Cas Coovadia, Banking Association South Africa
The President has to sign it or refer it to the Constitutional Court.— Cas Coovadia, Banking Association South Africa
Legal opinions are quite clear.— Cas Coovadia, Banking Association South Africa
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
As a small business owner, nobody expects you to be perfect. Because you cannot see them, blind spots could be a real nuisance.
With the political climate as volatile and rife, the US might not be the best country to keep your overseas capital.
President Jacob Zuma says the Fica Bill infringes on the rights of powerful people. BLSA says this objection is without merit.
The Money Show’s Bruce Whitfield interviews Treasury’s Ismail Momoniat and Banking Association South Africa’s Cas Coovadia.
Treasury wants to amend Fica to fight corruption. Bruce Whitfield interviews Stuart Theobald and Steven Powell.
Treasury wants legislation to help it keep tabs on individuals in positions of power in the public and private sectors.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
This week Xolani Gwala's speaks to former Generations actor Pamela Nomvete for #WhatInTheWorldHappenedTo feature.
The EFF lawyer stole the show during the state capture report court battle.
Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.
Still young(ish)? Consider the single best thing you can do to increase your wealth by much more than the inflation rate.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.