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South Africa's Standard Bank posts 4 pct rise in FY profit

Standard Bank CEO Ben Kruger to step down

By: Standard Bank Following a carefully planned management succession process Standard Bank Group announces changes to its current joint-group chief executive structure. The board is...
Why Africa’s world famous mining gathering is back in vogue

Why Zimbabwe’s stock market just hit a record high

The Zimbabwe Stock Exchange’s main industrial index touched 301.03 points, the highest since it was rebased in 2009.

How to best plan your credit journey

Christoph Nieuwoudt | FNB Credit is a sensitive topic that can evoke a wide range of emotions from consumers. Positive experiences include the excitement and...

Vodafone sells down stake in South Africa’s Vodacom

Vodacom share price drops more than 6 percent.

Fairfax consortium bids for African cement producer PPC

PPC has also received two other proposals from trade bidders.
Ex-Barclays CEO Bob Diamond’s Atlas Mara could bid for Barclays Africa – rpt

Fairfax Africa takes 42% stake in Bob Diamond’s Africa bank

Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said on Friday that Fairfax Africa now holds 42 percent of...

Duduzane Zuma speaks on his Gupta connection

Duduzane also addresses claims by Former Deputy Finance Minister Mcebisi Jonas, that Duduzane was at a meeting where Jonas was allegedly offered a R600-million bribe.
How megatrends will impact on tax

Paying the taxman

Paul Leonard | Citadel Tax season – the period during which you are required to submit your annual income tax return – started on 1...
Capitec rides tough lending climate

Capitec: The budget bank rattling South Africa’s financial sector

STELLENBOSCH, South Africa (Reuters) - A budget bank is booming in South Africa’s economic slump, challenging the decades-long dominance of the “big four” lenders...

US suspension of aid to Egypt causes standoff

Egypt represents an important strategic ally of the US due to its shared border with Israel and the fight against Islamist extremism as well as Egypt’s control over the Suez Canal.

Business Leadership South Africa launches campaign that fights #WMC propaganda

Bonang Mohale, the Chief Executive of Business Leadership South Africa (BLSA), this morning launched #BusinessBelieves in South Africa campaign. The campaign takes aim at the...

Serial entrepreneur Brian Joffe ends 29-year relationship with Bidvest, the company...

The founder of South African conglomerate Bidvest Group, Brian Joffe on Friday ended his relationship with the company he founded in 1988 after resigning...

Steinhoff African unit to be part of JSE Top 40, buy...

STAR is expected to list by the end of September.

Teach your child to be financially fit

Khomotso Molabe | Standard Bank With South Africa’s economy in its current precarious state, careful money management and next-stage, goals-based financial planning is more important...
S.Africa’s major banks perform well despite industry headwinds

South Africa’s Nedbank H1 profit falls nearly 4% on Ecobank

Nedbank reported a 3.7 percent fall in mid-year profit on Wednesday as a weak showing at Ecobank weighed on results from South Africa's No.4...

Barclays suffers $1.6 billion first-half loss from Africa sale

Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of...

MTN to swing back into profit

MTN expects to swing back into profit in the first half of its financial year after a 330 billion naira ($1.1 billion) fine paid...

Is scary finance jargon keeping you from saving?

Boitumelo Mothoagae | Liberty Do you feel uncomfortable when you hear the terms, ‘investment portfolio’, ‘inflation’ and ‘insurance’? Are you filled with doubt and intimidation...

How to keep your SME cash-flow positive

Trevor Gosling | Lulalend A common challenge for small business owners is ensuring adequate cash flow. Increasing costs of supplies, inventory or business operations can...

Africa’s major central banks embarking on policy easing cycle

Africa's major central banks are entering an easing cycle as they try to stimulate growth after months of drought, austerity drives and confidence issues...
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