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Financial Services

RBS plans to cut £2bn of costs

Feb 24 2017 09:55

Royal Bank of Scotland has laid out a plan to cut costs by £2bn over the next four years as it posted its ninth straight annual loss.

Financial Services

Credit Suisse sees $750m revenue at risk

Feb 24 2017 09:32

Credit Suisse may need to find new ways to serve clients who generate as much as $750m of revenue after Britain leaves the European Union.


Pan African plans 2 000 job cuts, says union

Feb 23 2017 18:36

Pan African Resources is considering job cuts at its Evander gold mine, according the National Union of Mineworkers.


Discovery still optimistic about UK business - CEO

Feb 23 2017 18:26

Discovery’s CEO Adrian Gore speaks to Fin24 about the company's interim results, as well as perspectives on global business opportunities.


BAT Zim full-year volumes down 21%

Feb 23 2017 15:19

British American Tobacco Zimbabwe has reported a 21% drop in sales volumes for the year to end-December 2016 on the back of weak consumer demand.


Massmart shares climb as profits improve on costs

Feb 23 2017 15:05

Walmart’s experience in controlling costs is helping Massmart improve profit as shoppers have been hurt by high food inflation.

Financial Services

Maria Ramos says sorry for Absa's role in rand fixing

Feb 23 2017 12:00

Barclays Africa Group has apologised for its role in a rand-fixing affair involving 17 banks, saying it tipped off regulators about the practice after suspending two of its own traders.

Financial Services

Barclays asks Reserve Bank to approve Absa sale

Feb 23 2017 16:05

UK banking giant Barclays Group has applied to the South African Reserve Bank to reduce its shareholding in its Africa unit, which comprises Absa.

Inside Fin24.com

Investment Holdings

Brian Molefe quits IDC board

Feb 23 2017 10:27

Former Eskom CEO and soon-to-be sworn-in MP Brian Molefe has quit the board of the Industrial Development Corporation.


SA e-commerce growing by leaps and bounds

Feb 22 2017 20:49

E-commerce in South Africa is growing by leaps and bounds, according to Efi Dahan, general manager of PayPal in Israel and Africa.

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