Related Articles
Top Stories
May 27 2012 11:21
There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.
May 27 2012 13:09
The oversupply of golf estates has claimed another victim.
May 28 2012 07:53
The City of Cape Town has spent R175m running the Myciti bus service since the Soccer World Cup compared to an income of R35m, a report says.
London - Former Citigroup chairperson Win Bischoff is being lined up as the next chairperson of Lloyds Banking Group, the British government-controlled banking giant, the Financial Times reported Wednesday.
Citing people close to the process, the business daily said Bischoff, 67, had been asked to take on the job by UK Financial Investments, the government body managing the taxpayers' stake in LBG.
The bank announced in May that its current chairperson, Victor Blank, will step down from his post by June next year following criticism over his role in Lloyds TSB's takeover of struggling rival lender HBOS.
- AFP