Financial Services

Old Mutual chair to take up new position in UK

Feb 19 2018 11:44

Old Mutual Plc chairperson Patrick O'Sullivan will take up a new position at British insurance company Saga, as Old Mutual plans to wrap up its managed separation process.

Financial Services

Bank of Baroda rids itself of the Guptas

Feb 18 2018 07:58

The Bank of Baroda seems to have found a way to distance itself from the Gupta family, despite two separate court orders forcing it to keep Gupta-linked accounts open.

Financial Services

Liberty reinstates 90 funds worth R82m

Feb 18 2018 07:30

Liberty Group, the financial services group responsible for most of a controversial mass cancellation of “orphan” pension and provident funds, is asking for 90 of them to be reinstated.

Financial Services

Union says it's happy with Capitec after Viceroy report

Feb 16 2018 16:11

The trade union met this week with senior Capitec management to discuss issues raised in Viceroy Research's negative report on the health of the bank's loan book.

Financial Services

Capitec says new Viceroy report again full of misleading half-truths

Feb 15 2018 15:37

Capitec has invited US-based short seller Viceroy to inspect its business operations, after its latest report again questioned the bank's loan book and handling of bad debt.

Financial Services

Marathon fraudster trial stutters on

Feb 13 2018 17:04

Former Tigon CEO Gary Porritt and his business partner Sue Bennett’s marathon trial has resumed with the cross examination of the State’s star witness by the pair of accused fraudsters.

Financial Services

Focus turns to frozen Gupta mine funds as Bank of Baroda exits SA

Feb 12 2018 14:46

The Organisation Undoing Tax Abuse says it is 'still trying to ascertain' what the bank shuttering its SA operations means for ring-fenced funds meant for mine rehabilitation.

Financial Services

MMI's Mary Vilakazi: Change is natural, not radical

Feb 11 2018 06:36

Mary Vilakazi has come a long way - from being a young woman with ambitions of being a lawyer to being one of the most influential female leaders in corporate South Africa.

Inside Fin24.com

Financial Services

Zim to get $1.5bn package to boost foreign investment

Feb 08 2018 13:51

Zimbabwe is set to receive investment guarantees worth $1.5bn from the African Export-Import Bank as it works on boosting investor confidence.

We're talking about: #BUDGET2018

The finance minister faces a tough task as he has to find ways for South Africa to plug a R50.8bn hole in the country's finances.

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