Vox Telecom SA shareholders including FirstRand Ltd.’s RMB agreed to buy out fellow investor Investec.
Shareholders in telecommunications company Vox, including Rand Merchant Bank, have agreed to buy out fellow investor Investec as part of a R2-billion recapitalisation of the company.
Hard times bring good news for investors.
Unemployment rate rises to highest in 11 years.
Sells down part of its Australian investments and redirects the proceeds.
Philisiwe Sibiya and Henrietta Baldock set to replace Cheryl Carolus and Laurel Bowden.
Plans to sell all its rest-of-Africa property assets by June 2020 to bring down its debt levels.
The Banker has published its annual ranking of the world’s 1000 biggest banks, which includes major South African financial institutions, and how they performed over the last 12 months.
While students prefer Sasol, the Reserve Bank and the public sector.
But the Competition Commission must resubmit its affidavit against the 23 banks accused of colluding to coordinate trading in the rand and US dollar after tribunal found it ‘incoherent’.