Investec News

Black junior managers in banks rising

Investec has four black board members including two women, out of only seven board members.

IOL , South Africa Mar 12, 2019

Samsung Pay is coming to Discovery Bank and Investec

It added that the service was recently expanded to FNB and RMB Private Bank, and will be made available to Investec and Discovery Bank customers soon.

Business Tech , South Africa Mar 10, 2019

Kiwi mountain biker Sam Gaze wins Cape Town Cycle Tour

Meanwhile, Investec rider Cherise Willeit claimed the women’s title after a tough day in the saddle.

IOL , South Africa Mar 10, 2019

Tariff increase granted to Eskom adds to inflationary pressures

Annabel Bishop, the chief economist at Investec said higher inflation is likely this year from the second quarter, with Nersa's decision lifting the trajectory along with higher rand oil prices.

IOL , South Africa Mar 10, 2019

#RandReport: Rand falls after ECB, Eskom tariffs news

“Although not as steep as anticipated, the increase will still put further pressure on the already constrained consumer, with job cuts a possibility as electricity-intensive industries struggle to cope with elevated input costs,” Investec economist Lara Hodes said in a note.

EWN , South Africa Mar 6, 2019

These are the banks South Africans are most satisfied with

Bidvest, Investec, and Nedbank round out the top five banks ranked by Forbes, with two of the country’s largest banks, Absa, and Standard Bank not featuring.

Business Tech , South Africa Mar 4, 2019

Battered rand claws back lost ground, lessens downgrade likelihood

Investec chief economist Annabel Bishop said as pre-Budget jitters had been wiped out by deeper analysis showing the government’s finance figures do not argue for an immediate credit rating downgrade.

IOL , South Africa Feb 25, 2019

Barrick details proposal to settle Acacia dispute with Tanzania

“This announcement provides opportunity for Bulyanhulu to be restarted and some value to be recreated within the company,” said Investec analyst Hunter Hill coat, referring to a mine where Acacia lowered operations due to the export ban.

Reuters , Africa Feb 20, 2019

Eskom: Experts reveal how much money load shedding costs South Africa

According to Ted Blom Eskom has cost us R1.4 trillion — LeMondZüid🇿🇦🇩🇪 (@LeMondZuid) December 10, 2018 Load shedding could cost South Africa “half of its GDP” Elsewhere, Investec’s Annabel Bishop shared a very glum prediction with the Sunday Times recently.

The South African , South Africa Feb 12, 2019

What stage 4 load shedding means for you

And, speaking to the Sunday Times, Annabel Bishop, chief economist at Investec, said that there were a number of reasons why analysts are growing increasingly cautious of the state-owned enterprise.

Business Tech , South Africa Feb 10, 2019