Company Data
| Last traded |
R113.00 |
| Change |
R-0.10 |
| % Change |
-0.09% |
| Cumulative volume |
3.20m |
| Market cap |
R179.93bn |
| Last traded |
R168.34 |
| Change |
R-0.80 |
| % Change |
-0.47% |
| Cumulative volume |
299,281 |
| Market cap |
R85.43bn |
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May 25 2012 13:58
The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.
May 24 2012 17:31
The Reserve Bank will maintain current interest rates, and a considerable reduction in the local petrol price is anticipated, says governor Gill Marcus.
May 25 2012 11:36
The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.
Johannesburg - Credit Suisse and Standard Bank Group [JSE:SBK] said they would end their brokerage joint venture in South Africa after four years, allowing the Swiss bank to develop its own business in Africa's top economy.
The two banks said in a joint statement on Wednesday that Standard Bank, Africa's top lender by assets, would buy 100% of the shares of the joint venture, Credit Suisse Standard Securities.
Credit Suisse will develop its own equities business in South Africa, offering trading, private banking and investment banking, the companies said.
Credit Suisse's increased focus on South Africa comes as international banks jostle for market share on the fast-growing continent.
HSBC, Europe's biggest bank, is in exclusive talks to buy up to 70% of Nedbank Group [JSE:NED], South Africa's fourth-largest lender.