06/10/2016
It follows a report published by New World Wealth, which showed that white millionaire numbers have decreased dramatically in SA – from 36,600 in 2007, to 21,200 in 2015.
06/09/2016
The bank states that commodity prices are expected to remain low, global activity is anticipated to be weak, and financial conditions are tightening.
06/09/2016
Sanlam during the period defied challenging operating conditions which impacted on performance across most of the markets in which the Group operates.
06/09/2016
The country was blacklisted for money laundering and it took a lot of work to get us out of that challenge.
06/08/2016
Cape Town is home to the most expensive properties in the country (per square meter)
06/07/2016
“The group posted a good set of results against this tough economic environment,” said the joint statement.
06/06/2016
He further said that the bank is to release K3 Billion to its shareholders this year compared to K2.5 billion given last financial year.
06/06/2016
The Director-General of Lagos Chamber of Commerce and Industry, Mr Muda Yussauf, agreed that the sack is a business decision of owners
06/06/2016
FNB has always pushed the ideal of cashless banking, and previously told BusinessTech that its customers withdrew between R100 and R500 at ATMs, making the change positive overall.
06/03/2016
Martin Schnaier and Peter O'Leary from our Debt division examine peer-to-peer lending platforms as a new investment focus for institutions;
06/01/2016
The central bank has said the economy is expected to grow by 0.6 percent this year
06/01/2016
The bank used a simple equation – expenditure per household versus income net of taxes
06/01/2016
It says this is because the country is not on a sudden decline into recession, but has rather been on this path for a while.
06/01/2016
According to the just released New World Wealth 2016 report, Nairobi saw the number of high net worth individuals with over Sh1 billion each hit 6,200.
05/31/2016
Based on its sound track record, we also expect the bank’s asset quality, capitalisation, liquidity and profitability to remain relatively stable over the short to medium term,” Collocott says.
05/30/2016
As we speak, many pensioners in Rwanda are languishing in absolute poverty, with nothing to fall back on.
05/27/2016
Malcolm Cutts-Watson discusses his new role as adviser at Cim Global Business, as well as the state of the captive insurance market.
05/27/2016
Technology in terms of the internet and mobile banking has taken over the retail banking space in and the effect on retail financial services has been significant.
05/27/2016
Challenging economic outlook will strain borrowers' repayment capacity, fuelling increased asset risks
05/26/2016
Opponents of the exit argue that member benefits of the Union and access the to the common market outweigh many of the issues that come with membership.