08/16/2019
Ms Nzibe noted with concern that the Director of Public Prosecutions (DPP) on August 9, 2019 was directed to file in court an inventory list of the properties attached and bank accounts but as at August 15 had not filed any.
08/12/2019
Stanbic Bank was the first about three weeks ago to announce a redundancy targeting an estimated 200 staff, while Athi River-based cement maker EAPCC last week said it would let go all its 800 workers.
08/09/2019
NSSF holds 48.05 percent shares of NBK, while the Treasury controls 22.5 percent, giving them 70.5 percent total ownership.
08/08/2019
Despite the Eurobond being relatively cheaper especially at a time when the United States Federal Reserve Bank is cutting interest rates, Treasury officials are said to be more in favour of the syndicated loans that do not ordinarily attract much public a
08/08/2019
The focus of the governor has been on bank supervision to ensure that they meet prudential guidelines mainly related to liquidity, governance and banking operations,” says Mr D’Souza.
08/06/2019
South African lenders are cutting jobs as they seek ways to lower costs and contend with slow economic growth and fresh competition in the industry from branchless, digital entrants such as TymeBank and insurer Discovery.