Corruseal group will buy 100% of Neopak from the Ethos Fund VI for an undisclosed sum as Ethos begins capital raising next fund
Retirement fund administrator wants to double R80bn in retail assets it manages
Business will become part of Glacier, while insurer is selling its retirement fund administration business
Customer deposit growth remains robust and credit impairments have improved
EU regulators says traders exchanged information and trading plans via a chat room
Mminele will take over from Marilyn Ramplin, who will retire in April 2022 to focus on her private business interests
Asisa data shows unit trust inflows fell to a five-year low in the third quarter after the closure of Absa's money market fund saw clients cash out
With a market value of just under R216bn, the no-frills institution is now second only to FNB in the sector
Insurance and financial services veteran with experience in both life and non-life insurance will become the new CEO of SA’s largest short-term insurer
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The group has delayed a decision to become a passive holding company, electing to stay hands on where needed
The announcement comes after rival HSBC said on Monday it had appointed Deutsche’s former SA boss as its local CEO
The group expects headline earnings per share to rise by more than 30% in the six months to end-December, even though credit demand from corporates remains ...
EBS shareholders, which include African Rainbow Capital, have agreed to sell 100% of the company's share capital to Alexander Forbes
Rothschild, Bank of America and Moshe Capital appointed as advisers on a two-phase process that will allow for ‘orderly exit’
The company says it sold more terminals in six months to end-September than it did in the previous year
The Competition Commission has accused various banks of colluding to fix prices
Among the concerns is the quality of criteria that determine the interest rate and how far key performance areas are pushed
Ismail, who has worked for Deutsche Bank SA since 2004, has been named CEO of HSBC in SA
Retail deposit growth exceeds corporate deposit expansion in SA, helping to drive margins along with strong showing in rest of Africa
