The Science Of ...

Banking regulation… it’s boring, but it has already saved us all at least once

Banking regulation… it sounds boring, but it impacts on our livelihoods in a direct way many fail to realise.

It saved South Africa from the worst effects of the Global Financial Crisis when it smashed the world economy in 2008.

South African banks didn’t own pensions in Iceland.

They didn’t own sub-prime property in America.

They didn’t get caught up in that same mess.

Why?

It’s not because they were enlightened, or somehow “better” than those in other countries.

It’s because they were well regulated.

The Money Show’s Bruce Whitfield interviewed Kuben Naidoo for his weekly “The Science Of” feature.

Naidoo is the Deputy Governor and CEO of the Prudential Authority at the South African Reserve Bank.

He spoke about the ins and outs of banking regulation.

Listen to the interview in the audio below.

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our mailing list

* indicates required

Recommended

by NEWSROOM AI
Read More
Sneakers as investment? You bet! Yours may be worth more than you paid for it

Sneakers as investment? You bet! Yours may be worth more than you paid for it

The Money Show’s Bruce Whitfield interviews Tebogo Mogola, co-founder and Director at Sneaker Exchange Expo.

New online shopping website launches. Everything available is South African

New online shopping website launches. Everything available is South African

It just became easier than ever to buy local when shopping online. Bruce Whitfield interviews Proudly SA’s Eustace Mashimbye.

'No R10 coin yet. But it’ll be smaller than the R5 when it comes'

'No R10 coin yet. But it’ll be smaller than the R5 when it comes'

The Money Show’s Bruce Whitfield interviews South African Mint Managing Director Tumi Tsehlo.

'New law threatens to wipe out vaping in South Africa'

'New law threatens to wipe out vaping in South Africa'

The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.

How to ace a job interview (and when to talk about money)

How to ace a job interview (and when to talk about money)

The Money Show’s Bruce Whitfield interviews Andrew Woodburn, Managing Director at Amrop Woodburn Mann.

How to make a 'TV' show (in the dying days of old-school television)

How to make a 'TV' show (in the dying days of old-school television)

The Money Show’s Bruce Whitfield interviews Cheeky Media Joint MD Yusuf Stevens.

Popular articles
Hits from the bong (it’s legal!)… then off to work I go?

Hits from the bong (it’s legal!)… then off to work I go?

The consequences of consuming dagga at home and showing up at the office high. Bruce Whitfield interviews a labour lawyer.

Tax ombud to probe Sars – yet again - after taxpayers complain

Tax ombud to probe Sars – yet again - after taxpayers complain

The Money Show’s Bruce Whitfield interviews Adv. Eric Mkhawane, CEO at the Office of the Tax Ombud.

Medical aid premiums are set to increase in 2019

Medical aid premiums are set to increase in 2019

The submissions are currently with the Council for Medical Schemes for consideration.

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

'We can barely enforce tobacco legislation, how will we to deal with dagga?'

International law enforcement expert and former Drug Unit Commander Lobo das Neves says ruling opens a different can of worms.

[WATCH] Dad stops baby from crying, Emmy acceptance speech turns into proposal

[WATCH] Dad stops baby from crying, Emmy acceptance speech turns into proposal

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.