03/31/2014
Nedbank, the South African lender controlled by Old Mutual, increased chief executive Mike Brown’s pay 13 percent to 32.5 million rand after profit rose more than estimated.
03/28/2014
Carlyle, with $189 billion of assets under management across the world, opened Middle East offices in 2007
03/21/2014
Yassine Bouhara, a former UBS executive who co-led the bank's equities team at the time of its 2011 rogue trading scandal, is to set up a brokerage and advisory business focusing on Africa.
03/20/2014
Investec PLC Thursday said it expects its full-year operating profit to be marginally ahead of the previous year, as the specialist bank and asset manager coped with a significant depreciation of the rand against sterling over 2013.
03/06/2014
Standard Bank Group has produced a satisfactory performance in 2013, increasing headline earnings per share by 14% and net asset value per share by 14%. Group return on equity has increased to 14.1% from 14.0% in 2012.
03/05/2014
Old Mutual’s MD for Africa Operations, Johannes !Gawaxab, says the company is “future fit” as the Namibian operations under his wing recorded a growth of N$589 million after tax, thereby establishing its continuing dominance of the insur