05/12/2014

AMCON criticised over acquisition of Mainstreet Bank

The Asset Management Corporation of Nigeria has been criticised over the short time given to interested parties in the acquisition of Mainstreet Bank limited, to submit their Expression of Interest.

05/09/2014

Barclays Africa holds off local retrenchments

There will be no job losses in the Barclays Africa operation, including South Africa bank Absa, after the Barclays Group announced this week that 2014 would see a gross group headcount reduction of 14 000.

04/02/2014

Wealth managers vie for rich customers

Managing the wealth of rich individuals is becoming an increasingly competitive business as more players enter the market, but it is a complex industry in which the "chancers" will not survive.

03/31/2014

Nedbank boss’ pay rises 13 percent

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.