The African Bank, which relied on unsecured lending, has diversified its product offerings
Gigaba has asked the court to overturn the entire Bankorp report rather than just striking down sections of it, as Absa and the Reserve Bank has asked
In SA, at worst, they will lose their jobs. But things will get ugly if Uncle Sam goes after them.
Our work is to find and uncover the real story, the real facts that are often elided in the various simple narratives produced for political ends.
The public protector’s leaked report into the Reserve Bank bailouts of Bankorp has set the cat among the pigeons.
The public protector’s leaked report has set the cat among the pigeons. Some claim the facts have been skewed to the point of absurdity.
They include Qatar, American pensioners and the Public Investment Corporation, but the sums are smallish – and payment may never happen.
Mantashe stressed that the Reserve Bank must answer for the closure of the family’s accounts – despite its insistence that it would not get involved.
Given the deterioration of the continent’s prospects, the question is who would want to take over the bank’s 62% stake in JSE-listed Barclays Africa.
On International Consumer Rights Day, Tshiwela Mhlantla, managing executive of Absa Personal Loans, shares some vital financial management tips.
KwaZulu-Natal (KZN) Judge President Vuka Tshabalala said on Wednesday that he had returned all the shares in Absa Bank worth millions of rands, which were given to him by a…
A tired-looking JSE was 89 points in the red by noon on Monday as weak global markets continued to weigh. By midday, the broader all-share index had shed 0,32%. The gold-mining…
Absa, South Africa’s biggest retail bank, said on Monday it expects group headline earnings per share and EPS to be between 15% and 19% higher in 2007. Absa, which is…
Sport and Recreation Minister Makhenkesi Stofile spoke to Lucky Sindane about the new Sports Amendment Act, which allows government to intervene in all sporting matters. He said…
South Africa’s producer price inflation (PPI) slowed to 9,1% year-on-year in November, below forecasts, from a 9,5% rise in October. On a monthly basis, PPI rose by 0,3% after a…
The Premier Soccer League (PSL) has expressed disappointment with Finance Minister Trevor Manuel for involving himself in its affairs and has written to Sports Minister…
It has been described by one newspaper as ”splitting the Premier Soccer League [PSL] down the middle.” But what Finance Minister Trevor Manuel described as ”morally…
Absa Group chief operations officer Peter Mageza has been appointed as an executive director on the boards of Absa Group and Absa Bank, with effect from September 10. Mageza who…
It is 4.45pm at Meadowlands High School in Soweto. On the football field five different teams from around the area gather to prepare for their next league match. Two teams are…
