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Financial Services

Former CEO of collapsed bitcoin exchange arrested

Aug 02 2015 14:35

The former head of defunct bitcoin exchange Mt. Gox, has been arrested regarding the disappearance of millions of dollars worth of the virtual currency.

Financial Services

Barclays Zim reports income rise

Aug 02 2015 12:29

Barclays Zimbabwe has posted a 4% growth in total income to $21.7m, up from $20.8m in the prior year, for its half-year up to June 30.

Financial Services

Opportunity for insurers in Africa - SA insurance body

Jul 30 2015 18:27

Africa represents an opportunity for local and global insurers, according to the Insurance Institute of South Africa’s first black woman president.

Financial Services

Barclays Africa hastens talks to buy banks in Egypt, Zim

Jul 29 2015 12:06

Barclays Africa Group says talks to buy its parent company’s operations in Egypt and Zimbabwe have been accelerated following management changes at Barclays.

Financial Services

Barclays Africa first-half profit up on consumer bank boost

Jul 29 2015 08:36

Barclays Africa Group says first-half profit climbed 9.8% after retail and business banking earnings rose, bad debts declined and it expanded African operations.

Financial Services

Multi asset portfolios consistently attract bulk of net inflows

Jul 29 2015 19:46

South African Multi Asset portfolios have continued to attract the bulk of the net inflows, contributing R74bn of the total R77bn in net inflows.

Financial Services

Expropriation bill will spook investors, banks say

Jul 28 2015 15:28

The banking industry has criticised a draft law that will allow the government to expropriate property without having to pay compensation at market prices.

Financial Services

eThekwini Municipality strikes deal with Nedbank

Jul 28 2015 12:04

The eThekwini Municipality has signed a five year agreement with Nedbank to provide banking services from October 1 2015.


SARS makes U-turn on business tax location rules

Jul 27 2015 08:18

A new draft interpretation note sees SARS moving closer to international laws on exactly where companies have to pay tax.

Financial Services

Africa woos private equity funds

Jul 27 2015 13:02

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels.

Inside Fin24.com

Financial Services

Philosopher: Want to save lives? become a banker

Jul 27 2015 19:30

According to one of the world's most famous living philosophers, becoming a hot shot in finance may be the best way for a bright graduate to help the global poor.

Financial Services

Pyramid scheme allegations are baseless - accused

Jul 27 2015 07:50

The man fingered in a pyramid scheme has denied allegations that he collected about R100m from unsuspecting members of the public.

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Scenario planner Clem Sunter says he is as passionate about economic freedom as Julius Malema, but his bet is on entrepreneurs to open up the whole economy.

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