05/09/2016
More to an executive’s pay package than meets the eye
The issue is more complex than that, as each of the four banks award shares that vest over a lengthy period, some within a year, others in three years.
05/09/2016
The issue is more complex than that, as each of the four banks award shares that vest over a lengthy period, some within a year, others in three years.
05/06/2016
The initial sell-down of Barclays’ stake looks like a decent enough piece of business by boss Jes Staley.
05/06/2016
So, if we find a viable project in Africa we will finance it because we believe that our mission is very relevant in Africa.
05/05/2016
Banking giant Barclays is selling shares worth 12.2% of Barclays Africa Group as it moves to drive down its stake in the lender.
05/04/2016
The Public Investment Corporation (PIC), Africa's largest fund manager with more than $122 billion of South African government employee pension assets under its custody, is the second-biggest shareholder in BAG with a holding of about 6 percent.
05/03/2016
The SACP’s Jeremy Cronin says this was a precautionary move by the four main banks.
05/03/2016
As a service, Airtel Money has gained massive acceptance from our growing customer base during its four years in operation.
05/02/2016
Diamond emphasised this week that his grouping had the advantage and would not run into the global regulatory challenges that prompted UK-based Barclays plc to exit its African operations.
04/29/2016
Barclays announced last month that it was planning to sell its 62.3 percent stake in Barclays Africa over the next two to three years.
04/27/2016
The banking sector, added the Barclays CEO, needs to team up with the industry regulator, to probe where the breakdowns occurred and plug them to prevent a recurrence in the future.
04/26/2016
Mr Tshabalala’s total pay was R30.99m, including annual incentives of R22m, giving him an increase of 28%.
04/26/2016
The Barclays Africa Group was formed after Absa acquired Barclays’ African operations in 2013.
04/26/2016
A group of around 100 Oakbay employees have marched to Absa to hand over a memorandum.
04/25/2016
Bob Diamond’s Atlas Merchant Capital and Carlyle Group will jointly raise funds for bid
04/24/2016
Some banks charge up to $10 or more in service charges per month excluding withdrawal costs per transaction.
04/21/2016
No decision had yet been reached on how to distribute Nedbank’s shares, said Michael Goemans, the chief financial officer of Old Mutual SA.
04/14/2016
Discussions included exploring new areas of cooperation and strengthening cooperation in key sectors such as energy and food security.
04/14/2016
The UK company still intends to retain a 20 per cent stake in the African business
04/11/2016
Cuba’s “attendance at committee meetings was satisfactory,” the group notes, but “her attendance at board meetings was significantly below board standards”.
04/08/2016
CEO to press on with pan-African investment; PLC exit comes as African business turns round.