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Standard Bank poaches StanChart Africa banker 
2010-09-01 04:00:01
Standard Bank has hired Standard Chartered's former head of transaction banking in Africa, as it looks to do more deals between Africa and Asia, a source said.
[Full Story...]

  • Markets bank on rate pruning 
  • JSE rallies on upbeat data, resources 


  •   Financial Services
    Vunani: Loss a share to improve 45% 
    2010-09-01 04:00:01
    AltX-listed financial services group Vunani expected an improvement in its loss a share of up to 45 percent for the half year to June, the company said in a trading update yesterday.
    [Full Story...]

  • Financial Services: Private lending surges by 1.7% 
  • Micromega: Revenue drops 17% in first half 
  •   Banks
    Bank foreign ownership difficult, says Marcus 
    2010-09-01 04:00:01
    Foreign ownership in South African banks was a difficult question and needed careful consideration, central bank Governor Gill Marcus said.
    [Full Story...]

  • Governor is not in exile, says China's central bank 
  • Don't let banks become too big to fail - Bernanke 

  •  Insurance
    Old Mutual gains appeal as businesses are sold off 
    2010-09-01 04:00:01
    The Old Mutual share price had become more appealing because the international wealth manager would be less risky after the sale of the struggling US Life business and Nedbank, asset managers told Business Report yesterday.
    [Full Story...]

  • Metropolitan: Economic recovery lifts earnings 13% 
  • Santam interim dividend hiked, profit up 80% 

  •  Mergers/ Acquisitions
    Basil Read takes eye off big acquisitions 
    2010-09-01 04:00:01
    JSE-Listed Basil Read, whose stated target is to become a global construction group with R10 billion in annual turnover by 2013, anticipates making only small strategic acquisitions this year.
    [Full Story...]

  • Sinochem could bid for Potash 
  • Beijing warns BHP Billiton on Potash bid 


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