Investec Plc expecting largely unchanged profit
Investec, which also has operations in Australia, makes the bulk of its operating profit in SA, where the rand has dropped 19% against the pound since March 2015African Bank to offer limited service from next month
'Good bank' will offer its lending, insurance and investment products when it launches next month
Barclays Africa plans to issue less debt in 2016
Banking group says it is too uncertain to go to the market at present, so it will hold back on issuance as its UK parent considers ways to reduce its stake
BUSINESS DAY TV: Sasfin not expecting credit-loss ratio above 100 basis points
Sasfin CEO Roland Sassoon discusses half-year results, which show growth in first-half headline earnings per share of 31% for the six months ended December
BUSINESS DAY TV: With eye on retail, African Bank gears up for big relaunch
African Bank CEO Brian Riley discusses the bank’s imminent relaunch and plans to offer a full-service retail offering
Opinion
Democratised lending is coming
Mark Barnes
The clever banks will morph into or partner with fintech groups, retain their own clients and steal some from their competitors
More headlines
- Sasfin eyes financial technology firms
- Medical schemes Bonitas and Liberty in discussions to merge
- Race row brews over probe into cheating accountants
- Protective measures bite fund managers
- African Bank to allow Sanlam to offer products in its branches
- Alexander Forbes weighs BEE deal
- Liberty decides to terminate ineffective rewards scheme
- FirstRand bank to close some FNB units and retrench staff
- Delay of annuitisation law welcomed by Cosatu
- Old Mutual’s decision to split because it is able to, makes sense
- EDITORIAL: Shake-up in finance services
- NEWS ANALYSIS: No sacred cows as Old Mutual splits structure
- Banks’ risky assets growing faster than their total holdings
- Sanlam’s EM unit has tough 2015
- Old Mutual to separate its four units and reduce stake in Nedbank
- Sanlam’s results see share fall 6%
- Old Mutual posts strong results as it announces breakup
- S&P; opts to cut Barclays Africa credit rating
- NEWS ANALYSIS: Profitability not behind bank selldown
- Call for longer window period for people to declare illegal offshore assets
- FirstRand shares fall after pedestrian results
- Nedbank spin-off talk gains traction
- An Old Mutual break-up will not help the remaining units perform any better
- RMI mulls UK buy for diversity
- Selling goose that lays the golden egg makes no sense
- Old Mutual plotting to split £9bn of its operations, reports say
- Absa remains strong, despite Fitch downgrade
- Old Mutual primary listing may head home
- Bob Diamond likely to meet hurdles in a possible bid for more South African assets
- Standard Bank boasts good profits but cautions about risk of downgrade
- Cut barriers to entry for new players in banking
- Dozens of cases against credit providers referred to consumer tribunal
- Old Mutual Emerging Markets could list as early as 2018
- Government pensioners file complaint
- Treasury highlights ‘leakages’ if pension law not changed
- Nedbank seeks control of Mozambican lender
- Growth momentum powers Santam’s shares
- Higher interest rates weigh on MMI Holdings
- African Bank’s ‘good bank’ wins licence and creditor nod
- Reserve Bank to monitor Barclays transaction for potential risks
- Barclays plans to sell Zimbabwean operation
- Big banks surprise with lowest credit losses in five years
- FirstRand looks to UK expansion as African market starts to slow
- Committees call for more time for tax regularisation
- Doubt cast on annuitisation law talks
- Rockwood seeks to raise $500m to launch new fund
JSE Sens
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- SACOVEN PLC - TR1 - Notification of major interest in shares
- OLD MUTUAL PLC - Form 8.3 Disclosure
- STEINHOFF INTERNATIONAL HOLDINGS N.V. - Steinhoff International Holdings announces firm offer to acquire Darty plc
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- OLD MUTUAL PLC - Form 8.3 Disclosure
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- OLD MUTUAL PLC - Form 8.3 Disclosure
- OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure
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- QUANTUM FOODS HOLDINGS LIMITED - Dealing In Securities By An Associate Of A Director
- ALARIS HOLDINGS LIMITED - Dealings in Securities by the Alaris Share Incentive Trust
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- RESILIENT REIT LIMITED - Dealings in securities by a director of Resilient
- SENTULA MINING LIMITED - Successful completion of rights offer
- OANDO PLC - Resignation of Non-Executive Director
- OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure
- JASCO ELECTRONICS HOLDINGS LIMITED - Update on M-Tec Transaction and conditions precedent
- OLD MUTUAL PLC - Form 8.3 - Public Opening Position Disclosure
- WESIZWE PLATINUM LIMITED - Trading Statement
- CAPITAL & COUNTIES PROPERTIES PLC - Block Listing Six Monthly Return
- NEDBANK GROUP LIMITED - Dealing in securities by company secretary
- THE NITRO SECURITISATION 5 ISSUER TRUST - Release of Quarterly performance report of Nitro 5
- DEVELOPMENT BANK OF SOUTHERN AFRICA - New Financial Instrument Listing
- PINNACLE HOLDINGS LIMITED - Dealing in securities
- GROWTHPOINT PROPERTIES LIMITED - Dealings in securities by director of a major subsidiary
- ATTACQ LIMITED - Dealings in securities by an associate of a director of Attacq
- CSG HOLDINGS LIMITED - Dealing in securities
- INVESTEC LIMITED - Investec (comprising Investec p
- INVESTEC LIMITED - Investec (comprising Investec plc and Investec Limited) pre-close briefing statement
- ERIN ENERGY CORPORATION - Changes to the board
- SASOL INZALO PUBLIC LIMITED (RF) - Resignation of Ms Vuyiswa Doo as non-executive director of Sasol Inzalo Public
- SASOL INZALO PUBLIC LIMITED (RF) - Reviewed interim financial results for the six months ended 31 December 2015
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- SABMILLER PLC - Rule 2.10 Announcement
- BRIKOR LIMITED - Renewal of Cautionary Announcement
- SG ISSUER - Notification of the publication of the quarterly and year-end financial results of the Guarantor - SGI003
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- NEW EUROPE PROPERTY INVESTMENTS PLC - Results Of Distribution Election Issue Of New Shares And Total Voting Rights
- CAPITAL & REGIONAL PLC - Acquisition Of A Third Property In Hemel Hempstead
- SG ISSUER - Notification of the publication of the quarterly and year-end financial results of the guarantor - SGI004
- STANDARD BANK OF SOUTH AFRICA LD - SCIB: The Standard Bank Of South Africa Limited Dividend announcement in relation to the SOL share
- ANGLOGOLD ASHANTI LIMITED - Dealing in securities by the Company Secretary of AngloGold Ashanti
- COMPAGNIE FINANCIERE RICHEMONT SA - Changes to the Senior Executive Committee
- ILLOVO SUGAR LIMITED - Renewal of Cautionary Announcement
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