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South Africa Banking News. Service for global professionals. Constantly updated news and information about South Africa.
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Latest South Africa Banking News

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  • STOCKS NEWS AFRICA-Hotels, banks pull Mauritius bourse down 25 Nov 2009 13:13 GMT
    ... Stocks on the move Real-time Equity News 1228GMT 25Nov2009 - ... on Wednesday, weighed by lower hotel and banking shares, with trading thin ahead of the ... Makalani jump nearly 10 percent as the South African mezzanine financier says it is involved in ...

  • Transnet signs R2,2bn loan, says investment programme may increase 10% 25 Nov 2009 10:55 GMT
    ... with Transnet and strengthened the partnership between South Africa and France. "This loan addresses our aim ... play a major role in stimulating the South African economy and sustaining the jobs for South Africans working at the ports and the construction ...

  • Transnet signs R2,2bn loan, says R80bn investment programme may increase by 10% 25 Nov 2009 13:35 GMT
    ... with Transnet and strengthened the partnership between South Africa and France. "This loan addresses our aim ... play a major role in stimulating the South African economy and sustaining the jobs for South Africans working at the ports and the construction ...

  • SA distressed property sales picking up fast 25 Nov 2009 10:14 GMT
    ... SA distressed property sales picking up fast South Africa leads pack in global survey as banks worldwide reduce commercial real estate liabilities. South ... How bad are things really in the South African commercial real estate sector? Share your views ...

  • Oprah Winfrey's impact felt around the world 25 Nov 2009 02:31 GMT
    ... of her most devoted fans are in South Africa, where she put $40 million into the ... nearly $100, a large sum for many South Africans. "It is not just a talk ... pyramids," Bibars said. Nahla El-Shandwily, a 48-year-old banker, also was a little let down. "It ...

  • Exclusive: Natie Kirsh chats to Moneyweb 25 Nov 2009 01:52 GMT
    ... to visit old friends and enjoy the South African sunshine. He told me that he regards ... the withdrawal of international credit lines to South Africa, the chairman and CEO of Sanlam, Fred ... backed entrepreneurial management teams. Just before the banking crisis hit, Jetro raised $800m in a ...

  • A reply to Julius Malema - Jeremy Cronin 25 Nov 2009 13:34 GMT
    ... James Myburgh questions the awful silence of Western opinion ... Western opinion How everything that made investment banking fun has been contaminated. Home > Politicsweb ... "Mining as a critical component of the South African economy should necessarily be used to expand ...

  • Clyde Process Solutions PLC Interim Results 25 Nov 2009 07:36 GMT
    ... performance from operations - Updated sustainable, long-term banking facility, which is in place to 2013 - ... out of China), Africa (operating out of South Africa) and South America (operating out of Brazil) ...

  • EMERGING MARKETS-Up after Fed report; rouble eases 25 Nov 2009 11:51 GMT
    ... Siegenthaler. Siegenthaler said talk by emerging central banks about steps to cap currency strength is ... rate cut and comments from a central banker and the finance minister. Tuesday's rate cut ... said. The gainer of the day was South Africa which saw stocks up almost one percent ...

  • Let's go loco for a grand old lady 25 Nov 2009 11:10 GMT
    ... forgotten for almost 20 years in a South African railway siding. The First ScotRail apprentices are ... which is due to open on the banks of the Clyde in two years time. ... 1945, to be immediately shipped off to South Africa, one of a batch of 60 loco ...

  • Financial crisis impact not to be overlooked in Africa 25 Nov 2009 07:31 GMT
    ... the impact of financial crisis on the banking sector is relatively less severe. As the ... has gone down in several leading African banks and, in case of Standard Bank of South Africa, its credit loss ratio has gone up ...

  • JPMorgan Fortifies China Mgmt 25 Nov 2009 12:55 GMT
    ... Fang as vice-chairman of its Asia Investment Banking operations. The company has initiated management changes ... $5.5 billion stake in Standard Bank of South Africa. Mr. Shao will assume his new responsibilities ... portfolio will sustain better than many other banks, which have exited some of these areas ...

  • Troy High School alumna Jean Junior named Rhodes scholar 25 Nov 2009 05:32 GMT
    ... she said she's headed back to the South African clinic where she works with patients who ... a Fulbright scholarship for her work in South Africa this spring. She's one of 32 U.S. ... High School, Junior volunteered at a food banks and homeless shelters. At Harvard, her volunteer ...

  • African Markets - Factors to watch on Nov 25 25 Nov 2009 06:10 GMT
    ... about capital raisings and government economic policy. SOUTH AFRICAN MARKETS South Africa's rand firmed only slightly even after official ... points. It was hit by losses in banking stocks. NIGERIA BUDGET The government presented to ...

  • What is wrong with African leaders? 25 Nov 2009 00:44 GMT
    ... way of life for African leaders. From South Africa to Egypt there is no country where ... if instead of stealing the money and banking it in Switzerland, Monaco, France, Britain, Cayman Island ...


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