South Africa has undergone a financial revolution since 1950 when the financial structure was colonial. By 1990 the situation had changed and new institutions emerged. This book looks at some of these institutions including the first Afrikaner banks, merchant banks and discount houses.

Introduction - the growth of the financial sectory, 1950-1988, Stuart Jones; monetary policy in 1970s and 1980s, mark Addleson; fiscal policy 1974-1989, Vivian Solomon; changes in banking in South Africa in the 1980s, Ian Skinner and Edward Osborn; nedbank and the continental approach to banking in South Africa, 1945-1989, Grietjie Verhoef; Afrikaner nationalism in South African banking - the cases of volkskas and trust bank, Grietjie Verhoef; the first merchant bank - union acceptances, 1955-1973, Stuart Jones; the first discount house - the discount house of South Africa, Sue Kell; the leading hire-purchase bank - Wesbank 1968-1988, Stuart Jones and G.W. Scott; the building society to bank - the Allied, 1962-1989, Stuart Jones; the first development bank - the development bank of Southern Africa, 1984-1989, Stuart Jones; the Johannesburg Stock Exchange, 1962-1987, Stuart Jones.