Dloti, who is also an ex-CEO of Old Mutual Investment Group and Liberty Holdings’ asset management subsidiary Stanlib, will be a permanent replacement for Louis von Zeuner, who left African Bank last July.
JOHANNESBURG (Reuters) - FirstRand, which runs South Africa’s largest retail bank by market share, on Tuesday reported a 6 percent rise in half-year profit in an economic environment it described as “very challenging”.
JOHANNESBURG (Reuters) - Old Mutual Ltd posted a 12 percent drop in adjusted full-year profit on Monday, missing its 2018 targets as a sluggish economy weighed on South Africa’s No.2 insurer’s first year as a stand-alone Africa-focused entity.
Customers queue to draw money from an ATM outside a branch of South Africa's Standard Bank in Cape Town, March 15, 2016.
JOHANNESBURG (Reuters) - Growing unrest at Sibanye-Stillwater’s South African gold operations has left nine people dead since workers downed tools in November, prompting the country’s mines minister to call on the police to step in and protect the...
JOHANNESBURG (Reuters) - Nedbank, one of South Africa’s top lenders, said on Tuesday its full-year headline earnings rose by 14.5 percent, driven mostly by its business outside of the country, including once-troubled West African associate Ecobank.
CAPE TOWN (Reuters) - South African leg-spinner Imran Tahir will quit the 50-over format after the Cricket World Cup this year, although he said on Monday he will remain available for Twenty20 internationals.
JOHANNESBURG (Reuters) - South Africa captain Faf du Plessis scored an unbeaten century to lead his side to a comfortable eight-wicket victory over Sri Lanka in the first One-Day International at The Wanderers on Sunday.
CAPE TOWN (Reuters) - Cricket South Africa have not renewed the contracts of frontline spinner Imran Tahir, and all-rounders JP Duminy and Chris Morris, for the 2019/20 season, the union announced on Friday.
JOHANNESBURG (Reuters) - The South African rand weakened early on Friday after breaching the crucial 14.00 to the dollar mark following a selloff in emerging market currencies.